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Cyrille Gold Corporate social responsibility Mining in DRC 

Barrick Donates US$1.5M in the Fight Against Covid-19 in DRC

arnbethnic, , ,
Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX), operator of the Kibali gold mine, has announced a $1.5 million support program to help combat and contain the Covid-19 pandemic in the Democratic Republic of Congo. Barrick’s chief operating officer for the company’s Africa and Middle East region, Willem Jacobs, says the company believes the current situation requires a national response from all who have the DRC’s interests at heart.  Barrick, as a committed partner to the DRC, has structured a detailed Covid-19 support program for the country, which was communicated to the government at… Read More Here
Covid-19 Uncategorized 

The Hash Impact of COVID-19 on the Mining Sector

arnbethnic, ,
The World Health Organisation (WHO) has declared the COVID-19 outbreak a pandemic. At the time of writing there are over 400 000 confirmed cases across 194 countries. Even the most optimistic analysts expect a global recession. Mining companies have been affected by COVID-19 outbreaks, and global restrictions to encourage social distancing have meant that mining projects have either slowed or been put on hold until further notice. There is no doubt that mining executives are beginning to feel nervous as the spread of the virus accelerates. Share-prices of listed mining… Read More Here
ELB Abnormal Load Shipment Mining technology 

ELB Engineering Services placed under Business Rescue

arnbethnic,
The results for the interim period ended 31 December 2019 were negatively impacted by the depressed trading environment across all markets in which ELB operates.ELB shareholders are advised that the business forecast for ELB Engineering Services (ELBES), a wholly-owned subsidiary of ELB, has not materialised. This has placed unsustainable cash funding requirements on the Group and a decision has therefore been made that the Group can no longer support ELBES. Accordingly, the ELBES board of directors has resolved to proceed with placing ELBES under business rescue in terms of the… Read More Here
KSB Worker fixing a huge motor Mining technology 

Keeping things working during COVID-19 lockdown

arnbethnic
Critical pumps in the provision of water and sanitation services, as well as pumps used in the generation of electricity are being fully supported during the nationwide COVID-19 lock down period.  KSB Pumps and Valves, has far-reaching contingency plans in place to ensure that any of its mission-critical pumps and other pumping infrastructure across industries will be properly supported. Company spokesman, David Jones, regional sales manager for sub-Saharan Africa, says the company supplies largescale pumps for the distribution of potable water to the entire southern African region. “During this time… Read More Here
A mine worker on radio Mining in DRC Copper 

Congolese Chemaf Halting Operations Due to COVID-19

arnbethnic
Chemaf, the Congo subsidiary of Dubai-based Shalina Resources, is halting operations at its Usoke copper-cobalt processing plant and stopping construction work on its Mutoshi plant, Chief Financial Officer Nico de Lange told Reuters on Sunday.  The facilities are the latest mining operations to be affected by travel restrictions and border closures caused by the coronavirus pandemic, which de Lange said had made it impossible to source sufficient oxide ore for Usoke to function. DESPITE THE PLANT’S CLOSURE, CHEMAF’S ETOILE COPPER AND COBALT MINE IS STILL PRODUCING “It’s an operational decision,… Read More Here
Chinese and African miners Mining in DRC 

DRC mine gun attack leaves three Chinese nationals dead

arnbethnic
Three Chinese nationals were killed in a gunfight in a mining area in the Democratic Republic of the Congo (DRC) on Monday, the official Chinese news agency Xinhua said, citing the Chinese embassy in the mineral-rich Central African country. The attack took place on Saturday in the northeastern province of Ituri, which borders Uganda and South Sudan, Xinhua said, without naming the mine in question or the company that operates it. “Unfortunately, three Chinese citizens were killed,” he added. The Democratic Republic of the Congo is the world’s largest producer… Read More Here
DRC-Mining-Week Uncategorized 

DRC Mining Week Expo & Conference Moved to October 2020

arnbethnic, ,
Due to the current status of the global COVID-19 virus and the ban applied on mass gatherings by the government of the Democratic Republic of Congo, Clarion Events Africa (formerly Spintelligent) is rescheduling DRC Mining Week. The event, which was due to take place from 17-19 June, will now run from 7-9 October 2020. The venue – The Pullman Grand Karavia Hotel in Lubumbashi, DRC – remains unchanged. DRC Mining Week, on its 16th edition, will attract over 5,000 local and international mining stakeholders and influencers from across public and private sectors, doing… Read More Here
CAMINEX Expo Postponed to June 2021 1 Mining in Zambia Uncategorized 

CAMINEX Expo Postponed to June 2021

arnbethnic
The Copperbelt Agricultural & Commercial Show Society the organisers of CAMINEX 2020 (Copperbelt Agricultural Mining Industrial Networking Expo) regret to inform all its Partners, Exhibitors, Sponsors and both Foreign & Local visitors of the Postponement of CAMINEX 2020 which was scheduled to be held from the 2nd to 4th June 2020. This postponement is in line with the directive from the Minister of Agriculture with regards to holding Agricultural Shows and also the Government’s guidelines on the COVID-19 Pandemic.   CAMINEX is an important event for the Copperbelt of Zambia and… Read More Here
Cobre workers International 

First Quantum Halts Over 1 Covid-19 Death at Cobre Panama

arnbethnic
First Quantum Minerals (TSX: FM) announced Tuesday that the company has received an order from the Ministry of Health of the Republic of Panama (MINSA) to temporarily suspend labour activities at its Panamanian subsidiary as a sanitary control measure due to covid-19. The order was issued just one day after a worker at the company’s Cobre Panama operation died of complications caused by the novel coronavirus infection. Two weeks earlier, it was reported that several workers at the site had contracted the virus. THE TEMPORARY SUSPENSION OF COBRE PANAMA IS EXPECTED TO COST $4-6 MILLION… Read More Here
in pit conveyance International 

Covid-19 wipes $282bn from the top 50 mining companies

arnbethnic
The ongoing coronavirus Covid-19 pandemic has so far wiped $282bn from the value of the top 50 mining companies worldwide, according to new figures published by Mining.com.  The figures show a struggling industry overall, despite a resurgent gold price in recent months. The top 50 companies by market value compiled by Mining.com showed a combined market value of almost $1tn in 2019, after adding close to $160bn in market capitalisation over the previous year. In the first quarter of 2020, the top 10 mining companies lost a combined $170bn in market… Read More Here

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