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Caterpillar suspends Russian manufacturing 1 Equipment & Technology International 

Caterpillar suspends Russian manufacturing

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Equipment company Caterpillar has suspended manufacturing at its Russian facilities in the wake of Russia’s invasion of Ukraine two weeks ago. “Operations in Russia have become recently challenging,” the company said in a March 9 statement. Caterpillar has experienced difficulties due to supply challenges and sanctions imposed by Western nations in protest of the invasion. Caterpillar’s manufacturing site was established in Tosno, near Saint Petersburg, in March 2020. The factory manufactures two models of off-the-road mining trucks, two models of excavators, and components for equipment and machines. Caterpillar also has… Read More Here
GOLD SURGES $75 & SILVER $1.70: Price Of Gold Hits New All-Time High! But Look At The Other Insane Market Action! 2 International 

GOLD SURGES $75 & SILVER $1.70: Price Of Gold Hits New All-Time High! But Look At The Other Insane Market Action!

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This is how absurd stocks’ valuations are today: US market cap to GDP needs to fall another 15% just to reach the peak of the Tech Bubble levels. US Market Cap To GDP Needs To Fall Another 15%Just To Reach Peak Of Tech Bubble Level! Just Getting StartedOtavio Costa:  The great unwind is just getting started. Out of tech and into natural resources. THE GREAT UNWIND:Out Of Tech Into Natural Resources Massive Gold & Silver Volume…Yes, AgainGraddhy out of Sweden:  Once again the volume for spot Gold is absolutely massive very early… Read More Here
DRC: AVZ Minerals raises USD 17.8 million for the expansion of its Manono Lithium and Tin project 3 Battery Metals Lithium Mining in DRC Tin 

DRC: AVZ Minerals raises USD 17.8 million for the expansion of its Manono Lithium and Tin project

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AVZ Minerals said it has secured funding of around US$17.8 million to accelerate work on its Manono Lithium and Tin project in the province of Haut-Katanga in the Democratic Republic of Congo (DRC). According to AVZ Minerals, these funds raised will finance the initial construction of the mine and the continuation of the exploration program at Manono. Of the total expenditures to be incurred during the current fiscal year, AVZ Manono expects an envelope of approximately 13.5 million USD for the upgrading of existing roads and bridges to help transport… Read More Here
Provisional liquidator of Zambia's KCM suspended – official 4 Mining in Zambia Copper Governance 

Provisional liquidator of Zambia’s KCM suspended – official

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The provisional liquidator of Zambia’s Konkola Copper Mines (KCM), Milingo Lungu, has been suspended, the country’s Official Receiver said in a statement on Thursday. Zambia’s previous government, which owns 20% of KCM through State mining investment firm ZCCM-IH, handed control of KCM to Lungu in 2019, triggering a protracted dispute with Vedanta Resources, which owns the remaining 80%. Official Receiver Natasha Kalimukwa suspended Lungu after receiving a complaint from ZCCM-IH “relating to contract mismanagement, financial mismanagement, and asset mismanagement”, she said in a statement. Lungu told Reuters the Official Receiver has no power… Read More Here
FOREMAN, BUILDING | MINING CAREERS AT FQM, SOLWEZI, ZAMBIA 5 Mining Careers Mining in Zambia 

FOREMAN, BUILDING | MINING CAREERS AT FQM, SOLWEZI, ZAMBIA

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Requisition Number: JR4766  Contract Type: On-going | Country: Zambia  Location: Solwezi   Category: Roads and Earthwork Apply now Job description: PURPOSE OF THE ROLE The Foreman- Building will be responsible for the monitoring and supervision of construction works as required by clients’ specifications to be carried out in a safe and approved construction standard. KEY RESPONSIBILITIES FOR THE ROLE The suitable candidate 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… Read More Here
OPERATOR, ANCILLARY( GRADER) | MINING CAREERS AT FQM, SOLWEZI, ZAMBIA 6 Mining Careers Mining in Zambia 

OPERATOR, ANCILLARY( GRADER) | MINING CAREERS AT FQM, SOLWEZI, ZAMBIA

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Requisition Number: JR4899 | Contract Type: Mining | Country: Zambia  Location: Solwezi   Category: Mining Apply now Job description: Purpose of the role: To safely operate equipment on which he/she is trained on and permitted. Key Responsibilities: The specific tasks to be performed by the position holder will include: Operate machine safely and competently Follow operating manuals and general pit and safety signage Report all defects on the machine and care for the machine Conduct all pre and post-shift inspections and maintenance on equipment and working environment Report all defects on a machine and care for the machine… Read More Here
METALLURGIST |  MINING CAREERS AT FQM, SOLWEZI, ZAMBIA 7 Mining Careers Mining in Zambia 

METALLURGIST |  MINING CAREERS AT FQM, SOLWEZI, ZAMBIA

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Requisition Number: JR4939 | Contract Type: On-going | Country: Zambia  Location: Solwezi   Category: Process Apply now Job description: Overall Job Purpose: Provide technical support to plant operations by collection of plant data and measurements, Implementing and applying thought solutions to achieve and exceed plant KPI’s of safety, milling rate, throughput, recovery, concentrate grade, efficiency and costs Specific Job Responsibilities: Provide technical support to plant operations by providing daily strategy to ensure optimal plant performance. Collect data through control systems historians and sampling to make ad-hoc decisions. Coordinate routine tasks of conducting checks on key operating parameters with… Read More Here
Electric vehicles are scarce and expensive as pump prices rise to record highs 8 Uncategorized 

Electric vehicles are scarce and expensive as pump prices rise to record highs

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Spiking gasoline prices have increased Americans’ monthly bills to fuel popular pickups and SUVs by hundreds of dollars, leading more consumers to kick the tires on electric vehicles. There’s just one problem: there aren’t many such wheels to boot. Electric vehicles are in short supply in showrooms that have struggled to rebuild inventory of vehicles for more than a year, largely due to the global chip shortage. As of late last month, there were fewer than 2,200 Ford Mustang Mach-Es available in the U.S., according to Cox Automotive. Volkswagen AG… Read More Here
Gold price rebounds on ceasefire setback – Goldman targets $2,500 9 Gold International 

Gold price rebounds on ceasefire setback – Goldman targets $2,500

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Gold rebounded and rose above $2,000 once again on Thursday after talks between Ukraine and Russia failed to make any progress in halting what is considered the biggest European military crisis since World War II. Spot gold advanced 0.5% to $2,000.69 per ounce by 12:30 p.m. ET, maintaining its highest level since August 2020. Three-month US gold futures were 0.7% higher, trading at $2,003.10 per ounce on the Comex. Bullion had earlier extended its biggest decline in 14 months on hopes that talks between the countries’ foreign ministers could lead to a diplomatic solution.… Read More Here
DRC-Zambia: towards the realization of the joint project to manufacture electric batteries from local raw materials 10 Battery Metals Mining in DRC Mining in Zambia 

DRC-Zambia: towards the realization of the joint project to manufacture electric batteries from local raw materials

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As part of the cooperation agreement on the establishment of a value chain on the manufacture of batteries and clean energies in the very next few days, between the Congolese President Félix Antoine TSHISEKEDI TSHILOMBO and his Zambian counterpart Hakande HICHILEMA, the Minister of Finance, Nicolas KAZADI, took an active part in a meeting in LUSAKA in Zambia at the Presidential Palace, on Wednesday March 09, 2022. For this mission, the Minister of Finance was accompanied by the Special Advisor to the Head of State in charge of Investments as… Read More Here

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