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Gold climbs as traders weigh war, sanctions against rate hike 1 Gold International 

Gold climbs as traders weigh war, sanctions against rate hike

Gold advanced, with investors remaining on edge as they assessed the impact of Russia’s invasion of Ukraine and Western sanctions, against the imminent monetary policy tightening in the US. Bullion fell a day earlier after surging to the highest in more than 17 months as traders digested weaker-than-expected sanctions on Russia following the country’s attack on its neighbor. Gold’s rally could have a lot further to go if a resulting commodity price spike leads to concerns of a material slowdown in growth in developed markets, according to Goldman Sachs Group. President Joe… Read More Here
World: against the backdrop of tensions between Russians and Ukrainians, the barrel of crude oil climbs to 104.80 USD on the international market 2 Oil & Gas International 

World: against the backdrop of tensions between Russians and Ukrainians, the barrel of crude oil climbs to 104.80 USD on the international market

The price of crude oil has gained momentum on the international market, in a context marked by rising tensions between Ukraine and Russia. The barrel, the brent (type of crude oil used as a standard in the fixing of the price) of crude oil, exceeded the symbolic bar of 100 USD to settle at 104.80 USD on February 24, 2022. A record that it you have to look back 8 years, in 2014. In this year 2014, in a context of imposition and tightening of international sanctions against Tehran and… Read More Here
Nickel price reaches its highest level in a decade at 25,000 USD per ton 3 Nickel International 

Nickel price reaches its highest level in a decade at 25,000 USD per ton

Nickel hit $25,000 a tonne for the first time since 2011, extending a rally driven by dwindling global inventories and fears that tensions in Ukraine could disrupt supplies from the main Russian producer. The metal, used in stainless steel and rechargeable batteries, rose 3.2% to $25,135 a tonne. It is the best performer on the London Metal Exchange this year, climbing amid a flurry of forecasts that supply will lag behind rapidly growing demand from the electric vehicle industry.  Commodity investors were weighing the potential damage of sanctions on Russia after… Read More Here
Here is the List of 50 Minerals essential to the American economy and its national security, the DRC hosts several of these products 4 Mining in DRC International 

Here is the List of 50 Minerals essential to the American economy and its national security, the DRC hosts several of these products

The United States Geological Survey has released a new list of 50 mineral commodities critical to the US economy and national security after extensive evaluation by multiple agencies. The  2022 list of critical minerals was determined using the latest scientific methods to assess the criticality of minerals. The new list contains 15 more products than the first National Critical Minerals List created in 2018. platinum as individual entries rather than including them as “mineral groups.” Additionally, the 2022 list of critical minerals adds nickel and zinc to the list while removing helium, potash, rhenium,… Read More Here
Gold soars over 2%, palladium advances as Russia attacks Ukraine 5 Gold International 

Gold soars over 2%, palladium advances as Russia attacks Ukraine

Gold prices jumped more than 2% on Thursday to their highest in over a year and palladium extended a rally as Russian forces invaded Ukraine after President Vladimir Putin authorised what he called a special military operation. Spot gold climbed 1.9% to $1 943.28 per ounce by 0720 GMT, after hitting its best level since January 2021 at $1 948.77. U.S. gold futures GCv1 jumped 1.9% to $1 945.90. Russian forces fired missiles at several cities in Ukraine and landed troops on its coast on Thursday, according to officials and… Read More Here
Gold steady as investors assess Russian sanctions and inflation 6 Gold International 

Gold steady as investors assess Russian sanctions and inflation

Gold held steady as investors weighed the severity of Western sanctions on Russia against prospects for tighter US monetary policy. Bullion is having a strong start to 2022 on the back of rising geopolitical tensions in Europe, which have pushed prices to the highest in more than eight months despite expectations that the Federal Reserve will raise interest rates in March to curb inflation. The tensions in Europe are raising concerns over potential disruption of supplies of raw materials, bolstering prices for everything from energy to wheat and nickel. “The likelihood… Read More Here
GEOLOGISTS | MINING CAREERS AT FQM, SOLWEZI, ZAMBIA 7 Mining in Zambia Mining Careers 

GEOLOGISTS | MINING CAREERS AT FQM, SOLWEZI, ZAMBIA

Requisition Number: JR4766  Contract Type: Fixed Term | Country: Zambia  Location: Solwezi   Category: Mine Geology Apply now Job description: PURPOSE To gather and interpret geological data about the Kansanshi copper deposit for the purpose of increasing understanding through RC drilling operations. KEY RESPONSIBILITIES The holder of this 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 the role and responsibilities of the function.… Read More Here
OPERATOR,WEIGHBRIDGE | MINING CAREERS AT FQM, SOLWEZI, ZAMBIA 8 Mining Careers Mining in Zambia 

OPERATOR,WEIGHBRIDGE | MINING CAREERS AT FQM, SOLWEZI, ZAMBIA

Requisition Number: JR4781|  Contract Type: On-going | Country: Zambia  Location: Solwezi   Category: Mining Apply now Job description: PURPOSE To weigh and scan haul trucks using the weighbridge and load volume scanner KEY RESPONSIBILITIES Ensure that the weighing and scanning are conducted in a safe and productive manner Spot trucks safely onto the weighbridge and guide them through the load volume scanner Ensure that correct information is being captured from the weighbridge and scanner To download all information captured for analysis Conduct Pre Start check on the weighbridge and scanner before use. Make sure that the light… Read More Here
SENIOR TAX ACCOUNTANT | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA 9 Mining in Zambia Mining Careers 

SENIOR TAX ACCOUNTANT | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA

Category: Accounting/Finanace | Requisition number: 095252| Location: Lumwana Mine, Kalumbila Zambia. | Report:  Tax Manager 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 southwest 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 life,… Read More Here
Galileo upbeat on modelling progress at Zambia's Luansobe 10 Copper Mining in Zambia 

Galileo upbeat on modelling progress at Zambia’s Luansobe

Galileo Resources reported progress in the modelling of historic drill data at Luansobe on Tuesday, as well as completion of the second payment to the vendors to secure an initial 75% interest in the Luansobe Copper Project in Zambia. The AIM-traded firm said “considerable progress” had been made by consultants Addison Mining Services in compiling drill data for 154 holes, drilled between 1921 and 2007, and initial modelling of the deposit. It said two concurrent development options were being considered, with the first being the potential for a small open pit… Read More Here

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