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Provisional liquidator of Zambia's KCM suspended – official 1 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 2 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 3 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 4 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 5 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 6 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 7 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
DRC: Alphamin Resources needs capital of USD 116 million to develop its Mpama Sud tin project 8 Mining in DRC Mining Companies Tin 

DRC: Alphamin Resources needs capital of USD 116 million to develop its Mpama Sud tin project

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According to the results of the preliminary economic assessment (PEA) of mining company Alphamin Resources’ Mpama Sud tin project in the Democratic Republic of Congo (DRC), the company will need at least US$116 million to develop this project. This was revealed by the mining company on Monday, March 7, 2022, when publishing the results of the PEA of the said project. The same results also indicated that the deposit hosts sufficient resources to support an annual contained tin production of 7,000 tonnes. Indeed, Alphamin already produces tin in the DRC… Read More Here
Russian gold hit with de facto ban from key London market 9 Gold International 

Russian gold hit with de facto ban from key London market

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London’s gold market suspended all Russian refineries from its accredited list, meaning their newly minted bars can no longer trade in one of the world’s most important bullion centers. The London Bullion Market Association suspended all six Russian gold and silver refineries from its Good Delivery List following sanctions imposed by the U.S., European Union and U.K. on the country, the LBMA said Monday. Existing bars produced by the refiners before their suspension will still be accepted.  The decision amounts to a de facto ban on new Russian gold bars… Read More Here

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