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MINE Exploration Technician  | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA 1 Mining Careers Mining in Zambia 

MINE Exploration Technician  | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA

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Category: Exploration | Requisition number: 094587| Location: Lumwana Mine, Kalumbila Zambia. | Report: Mine Exploration Geologist Lumwana Mining Company Limited (LMC), a copper mining company owned by Barrick Gold Corporation is situated in the North Western region of Zambia, some 300 km west of the Zambian Copperbelt and 95 km south west of the provincial capital of Solwezi. The mine is a multi-pit, multi staged operation mining approximately 100MT of ore and waste per annum and producing copper concentrates containing an average of 120,000 tonnes of copper metal per year over a twenty (20) year mine… Read More Here
Gold price falls 1% as higher dollar, yields curtail safe haven demand 2 Gold International 

Gold price falls 1% as higher dollar, yields curtail safe haven demand

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Gold prices slumped on Monday as both the US dollar and Treasury yields strengthened, sapping demand for the safe haven asset after last week’s gain. Spot gold fell 1.1% to $1,935.48 an ounce by 11:45 a.m. ET, erasing most of its gains from the last two sessions. US gold futures were down 1.0% to $1,935.00 per ounce in New York. Meanwhile, both the dollar index and US bond yields rose, driven by expectations that the US Federal Reserve will lead an aggressive wave of global central bank tightening. The 10-year Treasury… Read More Here
World: from zero in 2010 to 2.3 million electric vehicles in 2020, the EV market needs more cobalt 3 Battery Metals Cobalt 

World: from zero in 2010 to 2.3 million electric vehicles in 2020, the EV market needs more cobalt

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The increasingly desired energy transition is an opportunity for several countries that produce cobalt, which is becoming an essential material in the manufacture of electric vehicles. Manufacturers of electric vehicle (EV) batteries (a market that has grown from virtually nothing in 2010 to producing 2.3 millionvehicles in 2020, or 3.2% of the global vehicle market) need this metal . EV sales, and therefore cobalt demand, are likely to increase significantly in the international market. According to the relatively pessimistic forecast of Bloomberg New Energy Finance (BloombergNEF), by 2025, EVs will… Read More Here
Epiroc introduces DM30 XC blast hole drill 4 Equipment & Technology Mining technology 

Epiroc introduces DM30 XC blast hole drill

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Epiroc is introducing the DM30 XC blast hole drill that is suitable for a variety of multi-pass rotary and down-the-hole (DTH) drilling applications. Built off the same proven, reliable platform as the Epiroc DM30 II, the new DM30 XC offers 33% more power and many benefits to customers. The DM30 XC is designed for maximum productivity and efficiency due to increased rotary torque, increased pulldown, and a larger hole range capability. The DM30 XC is built to handle a 100-to-160-mm drill pipe and has a weight on bit up to… Read More Here
Zambia to cap number of mining licences issued to single firms 5 Mining in Zambia 

Zambia to cap number of mining licences issued to single firms

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Zambia, Africa’s second-largest copper producer, said it plans to limit the number of mining licences that a company can hold at a time to curb speculation and promote investment. The ministry of mines last month suspended the issuance of mining licenses and commissioned an audit in response to public complaints about a lack of transparency and abuse in Zambia’s licensing system, which is being digitalised. “Initial process audit findings have confirmed our fears that some companies own too many mining rights, using either a single or multiple companies with the same beneficial owners,” Mines Minister Paul… Read More Here
Iron ore price up to $150.75 per tonne 6 Iron Ore International 

Iron ore price up to $150.75 per tonne

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The price of iron ore jumped nearly 4% on Friday as Chinese factories grapple with supply shortages due to covid-related disruptions. Benchmark 62% Fe fines imported into North China changed hands for $150.75 a tonne during morning trading, according to Fastmarkets MB, up 3.5% from Thursday’s close. . The most traded iron ore futures on the Dalian Commodity Exchange, for delivery in May, rose 3.9% to 858 yuan ($134.82) a ton. They ended at 856 yuan a ton, sending weekly gains to 2.7%. Producers in the main steel city of Tangshan… Read More Here
Epiroc creates a future of safe behaviour for all employees! 7 Equipment & Technology Mining safety Mining technology 

Epiroc creates a future of safe behaviour for all employees!

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“When it comes to ‘safety always’ behaviour, Epiroc’s values are clear – we want to protect what we value most, our people,” says Johnny de Mesquita, Epiroc Regional SHEQ Manager for Southern Africa. “The health and safety of all our employees, our customers and our business partners remain paramount. Our strict compliance to SHEQ legislation, ISO Standards, Industry Code of Practices, and customer requirements bears testament to our relentless commitment to ensuring that we provide a healthy, safe and protected working environment for every employee, contractor or visitor to our… Read More Here
DRC: NGO NRGI invites the Government to observe good governance to take advantage of the Cobalt market 8 Cobalt Mining in DRC 

DRC: NGO NRGI invites the Government to observe good governance to take advantage of the Cobalt market

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The NGO Natural Resource Governance Institute (NRGI) recommends to the Government of the Democratic Republic of Congo (DRC), to put in place a policy of good governance in the mining sector in order to allow the population to benefit from the repercussions of the Cobalt market. This non-governmental organization issued this opinion during a press briefing organized on Saturday March 26, 2022, in Kinshasa. For this NGO, the DRC is in a unique position, but limited in time: “cobalt, of which it has the largest deposits in the world, is… Read More Here
DRC Mines Minister insists on harmonization of relations with tfTPs for deeper bilateral and multilateral relations. 9 Mining in DRC 

DRC Mines Minister insists on harmonization of relations with tfTPs for deeper bilateral and multilateral relations.

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Antoinette N’samba Kalambayi, National Minister of Mines opened the meeting with the Technical and Financial Partners (TFPs) working in the Mining sector within the framework of the Mines Thematic Subgroup. At the opening of this meeting on Thursday, February 24, 2022, the Minister of Mines Antoinette N’SAMBA KALAMBAYI insisted on the harmonization of relations with tfTPs for the intensification of bilateral and multilateral relations. She cited some challenges including the updating of geological and mining knowledge, the establishment of Artisanal Exploitation Zones, the fight against fraud with the industrial gold… Read More Here
Mark Bristow: "Kibali's investment in the DRC has reached 4 billion USD" 10 Mining in DRC Gold 

Mark Bristow: “Kibali’s investment in the DRC has reached 4 billion USD”

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Since its installation in the Democratic Republic of Congo (DRC), more precisely in Haut-Uélé, Kibali has invested four (4) billion US dollars. At least that is what Mark Bristow, President and CEO of Barrick Gold announced during the 45th press conference held on Thursday March 24, 2022. In front of an audience made up not only of media professionals but also of elected officials from this corner of the country, business leaders, members of civil society and students, the CEO of Kibali engaged in a real exercise in accountability. A practice… Read More Here

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