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Tender for Heap Leach Crushing and Screening | DRC

March 4, 2022March 4, 2022 admin

African Tender Notice | DRC Announcement Date: 28 February 2022Tender Description: Tender for Heap Leach Crushing and Screening Deadline: 07 March 2022 Click to access full tender details Read More Here

Mining in DRC Oil & Gas

DRC: Ukrainian crisis and rise in crude oil prices, the Govt plans to take urgent measures to deal with this situation

March 3, 2022March 3, 2022 admin1 Comment

The Government of the Democratic Republic of Congo (DRC) is very attentive to the progress of Russian military operations in Ukraine and their effects on the world economy. During the traditional weekly meeting of the Economic Situation Committee (CCE) held on Wednesday March 2, 2022, the sectoral Ministers around the Prime Minister, Jean-Michel Sama Lukonde, counted on the economic situation both nationally and internationally. international in the period from February 9 to 28, 2022. At the national level, the Economic Conjuncture Committee notes that the impact of the rise in… Read More Here

Copper International Nickel

Copper, nickel prices spike as Europe scrambles for metal

March 3, 2022March 3, 2022 admin

On Wednesday, copper prices continued to rise with May futures jumping to a high of $4.7050 a pound ($10,373 a tonne) in New York, levels last seen during the bellwether metal’s October spike – in sight of record territory. Aluminum hit a record high of $3,590 a tonne and the price of nickel raced to an 11-year peak above $25,000 a tonne. Concerns about supply disruption and low global stockpiles are behind the move higher, trumping concerns over the impact of the Ukraine invasion on global growth, rising interest rates in… Read More Here

Equipment & Technology International Mining technology

Metso Outotec ceases deliveries to Russia

March 3, 2022March 3, 2022 admin

Finland-based mining and mineral processing technology supplier Metso Outotec will not deliver any equipment to Russia due to the ongoing war in Ukraine and resulting sanctions against business in Russia. In an update, the company said while the mining industry is “currently not directly targeted,” sanctions against the banking sector and individuals, as well as other restrictions, may have an impact on its customers’ Russia-related business. “Due to the current unclear and changing sanction situation, Metso Outotec has temporarily ceased its deliveries to Russia,” the company said. Metso Outotec noted… Read More Here

Equipment & Technology International Mining technology

Sandvik introduces larger, upgraded loader

March 3, 2022March 3, 2022 admin

Sweden-based mine equipment provider Sandvik has introduced the seven-tonne Toro LH307 loader, which it says offers improved productivity and capacity for underground miners. The company said the Toro LH307 features many design updates and new options for both hardware and software. It can carry more than the previous Sandvik LH307, which had a capacity of six tonnes. The vehicle also has an integrated weighing system (IWS) and traction control, which measures the payload when lifting the boom and the number of buckets lifted during a shift; the traction control system… Read More Here

Mining in DRC

A non-profit organization called “Corps des Mandataires en Mines et Carrières” is born in the DRC

March 3, 2022March 3, 2022 admin

They will now be mobilized within the non-profit association “Corps des Mandataires en Mines et Carrières” (CMMC). These are the Mining and Quarrying Agents of the Democratic Republic of Congo (DRC) who have decided to work together for the defense and promotion of their profession, which is sometimes harmed following certain practices within the mining administration. . Indeed, the official presentation of the Asbl “Corps des Mandataires en Mines et Carrières” took place on Tuesday, March 1, 2022, in the presence of the Minister of Mines, Antoinette N’Samba Kalambayi, at the… Read More Here

International Energy Oil & Gas

World: War in Ukraine,barrel of oil goes from 104 to 113.02 USD in one week on the international market

March 3, 2022March 3, 2022 admin

The consequences of Russian military operations in Ukraine are likely to be disastrous for the global economy. On the sixth day of the war in Ukraine, crude oil prices continued to soar on the international market. The West Texas Intermediate (WTI), also called Texas Light Sweet which is a variation of crude oil serving as a standard in the fixing of the price of crude and as a raw material for oil futures contracts with the Nymex (New York Mercantile Exchange ), the stock market specializing in energy, rose on… Read More Here

Mining in DRC

DRC: Call to strengthen the fight against child labor in mines

March 3, 2022March 3, 2022 admin

US Department of Labor Undersecretary Thea Lee and her delegation are visiting Kinshasa . She met several government officials including the Ministers of Labour, Mines, Social Affairs, the Prime Minister and plans to meet President Tshisekedi to discuss, among other things, workers’ rights, responsible business practices and the Build Back Better World initiative. of President Biden. Facing the press, Thea Lee explains in depth the reasons for her presence in the DRC. “My presence in Kinshasa is an opportunity to deepen relations between the DRC and the United States. It is a… Read More Here

Mining in Zambia Uranium

More uranium is consumed than produced and higher prices are required to support new supply: GoviEx Uranium

March 3, 2022March 3, 2022 admin

GoviEx Uranium has explained that every year, more uranium is consumed than produced, and higher incentive prices are required to support new supply GoviEx Uranium is the developer of Mutanda Uranium mining project has indicated that it plans to start actual uranium mining in Zambia in the next five years. In a statement, the Canada listed company stated that “the mine-permitted Mutanga project in Zambia is forecast to start production in 2027 and could be the lowest capital intensive uranium project in Africa.” In its annual statement to shareholders, GoviEx… Read More Here

Equipment & Technology Mining in Zambia

Sercel deploys WiNG system at Zambian mine

March 2, 2022March 2, 2022 admin

France-based exploration technology company Sercel has said its wireless WiNG land acquisition nodal system has been deployed to a mining exploration programme at the First Quantum Minerals-owned Kansanshi copper mine in Zambia. The company said a 30-kilometre WiNG node array was deployed to acquire passive seismic data over nine months at the mine and the adjacent Solwezi basement dome. It claimed the WiNG wireless nodal acquisition system has a “lightweight form factor and compact design,” which makes it simple to deploy compared to conventional seismometers. By using an ultrasensitive advanced… Read More Here