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Gemfields to swing to net profit for 2021 1 Mining in Zambia Gemstones 

Gemfields to swing to net profit for 2021

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London-listed Gemfields expects to swing to a net profit of $65-million for the year ended December 31, 2021, compared with a net loss of $93-million in the prior year. With the company’s two key operating assets, the Montepuez ruby mine and the Kagem emerald mine, in Mozambique and Zambia, respectively, having delivered record-breaking auction results during 2021, Gemfields expects to post earnings a share of $0.04 for the year. This compares with a loss a share of $0.07 for 2020. Gemfields’ auction schedule in 2020 was severely hampered by the… Read More Here
Russia diamond supply squeeze may benefit Zimbabwe miner’s gems 2 Diamond 

Russia diamond supply squeeze may benefit Zimbabwe miner’s gems

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Zimbabwe’s biggest rough diamonds miner sees Russia’s invasion of Ukraine triggering “far-reaching consequences” for the global gem industry and possibly lifting demand for its own diamonds. Russia’s Alrosa is the world’s biggest diamond producer by volume at 30% and the slightest disruption to its ability to supply distorts the market, according to Zimbabwe Consolidated Diamond Co CEO Mark Mabhudhu. “It may end up creating the supply gap that may drive demand for our product, as well as that of other players,” he said in an interview Monday. “However, we don’t wish… Read More Here
Zambia's 2021 copper production falls by 4.5% – statistics agency 3 Copper Mining in Zambia 

Zambia’s 2021 copper production falls by 4.5% – statistics agency

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Copper production in Zambia dropped to 800 696 t last year from 837 996 t the year before, data obtained from the nation’s statistics agency showed on Tuesday. Zambia’s cobalt production also dropped to 247 t last year from 316 t a year earlier, according to the Zambia Statistics Agency. The Zambia Chamber of Mines said the reduced output was mainly due to operational challenges arising from a lack of recapitalisation due to an unattractive mining tax regime. “It is only now that we are seeing mining companies recapitalising after… Read More Here
SCIENTIST, PUBLIC HEALTH | MINING CAREERS AT FQM, SOLWEZI, ZAMBIA 4 Mining Careers Mining in Zambia 

SCIENTIST, PUBLIC HEALTH | MINING CAREERS AT FQM, SOLWEZI, ZAMBIA

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Requisition Number: JR5151 Contract Type: On-going | Country: Zambia  Location: Solwezi   Category: Community Affairs Apply now Job description: PURPOSE Oversee disease surveillance, malaria control, infrastructure for health and participate in health promotion at workplace and Community. KEY RESPONSIBILITIES Oversees timely the development and implementation of IBS and EBS capacity building interventions in order to impart appropriate IDSR skills and knowledge at workplace and Health facilities. Undertake regular disease surveillance in order to timely identify and accurately report disease outbreaks Monitors and evaluates regularly, activities in the implementation of Event based Surveillance in the Health facilities and communities in… Read More Here
STOREMAN | MINING CAREERS AT FQM, SOLWEZI, ZAMBIA 5 Mining Careers Mining in Zambia 

STOREMAN | MINING CAREERS AT FQM, SOLWEZI, ZAMBIA

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Requisition Number: JR4410  Contract Type: Fixed Term | Country: Zambia  Location: Solwezi   Category: Procurement and Logistics Apply now Job description: PURPOSETo safely handle products being received or dispatched by stores. They are responsible for receiving, handling and packing goods maintenance and installation of carpenter works on the mine site according to prescribed standards. KEY RESPONSIBILITIESThis position will be required to adhere to all relevant requirements, policies, procedures and legal regulations pertaining to health, safety, environment and quality, as well as finance, human resources, and any other regulations as required by the company and relevant to the level of… Read More Here
Gold price recovers from worse week since June with inflation risks creeping up 6 Gold International 

Gold price recovers from worse week since June with inflation risks creeping up

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Gold rebounded from its biggest weekly drop since June as the war in Ukraine continued to push oil prices higher, adding more fuel to global inflation fears and boosting the demand for safe havens. Spot gold rose 0.8% to $1,935.30 per ounce by noon ET. US gold futures had a moderate gain of 0.3%, trading at $1,935.20 per ounce in New York. Meanwhile, both the S&P 500 and Nasdaq 100 fell after posting their best five-day streak since November 2020. West Texas Intermediate oil rose above $110 a barrel as investors… Read More Here
Mining Indaba’s Innovation & Research Battlefield offers grant for solutions to sector challenges 7 Events & Expos International 

Mining Indaba’s Innovation & Research Battlefield offers grant for solutions to sector challenges

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A new annual event calling for innovative research proposals to address the mining industry’s toughest sustainable development challenges is coming to South Africa’s Mining Indaba conference agenda this year. On May 9 & 11, the Innovation & Research Battlefield, an event convened by Investing in African Mining Indaba, Business for Development and the Development Partner Institute, will be a high-profile platform showcasing early-stage innovations focused on this year’s challenge:  Building Sustainable Post-Mining Economies. The event organisers aim to attract a pool of global applicants by connecting academics, researchers, the private sector, NGOs, and young… Read More Here
Zambia’s Mopani halts copper mining at a shaft after accident 8 Mining in Zambia 

Zambia’s Mopani halts copper mining at a shaft after accident

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Zambia’s Mopani Copper Mines (MCM) has suspended operations at one of its shafts following an accident in which one person was killed, the company said in a statement on Monday. “All operations at SOB (South Ore Body mine shaft) have been suspended until further notice,” the statement said, adding that the accident occurred on Sunday as workers were conducting weekly maintenance. Mopani was working closely with the mines safety department, the police and other relevant authorities to investigate what could have caused the accident, the company said. Read More Here
First Quantum to power Zambia copper mines with wind, solar 9 Copper Energy Mining in Zambia 

First Quantum to power Zambia copper mines with wind, solar

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First Quantum Minerals Ltd. plans to power its copper mines in Zambia through a $500 million solar and wind energy installation funded by a TotalEnergies SE-backed company and Chariot Ltd. Electricity shortages have, in the past decade, hurt mining operations in the southern African nation that relies almost completely on hydropower. The project is also a shift for Vancouver-based First Quantum that had planned on investing in a 300-megawatt coal-power project in neighboring Botswana to supply the Zambian mines. A 230-megawatt solar plant and 200-megawatt wind farm will be built… Read More Here
Auto ELECTRICIAN | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA 10 Mining in Zambia Mining Careers 

Auto ELECTRICIAN | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA

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Category: Maintenance | Requisition number: 095565| Location: Lumwana Mine, Kalumbila Zambia. | Report: Shift Supervisor  Apply now Lumwana Mining Company Limited (LMC), a copper mining company owned by Barrick Gold Corporation is situated in the Northwestern 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

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