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THE PRICE OF GOLD IS APPROACHING ITS 7-YEAR HIGH 1 Gold International 

THE PRICE OF GOLD IS APPROACHING ITS 7-YEAR HIGH

arnbethnic
Gold prices jumped to a new 7-year high on Monday as concerns about the spread of the corona virus prompted investors to search for safe havens and this caused global equity markets to plummet.   The February Gold Futures, the most active nearly 40 million ounce contract traded that day, should close above $1,580 an ounce on the Comex market in New York. This would be the highest closing price since April 9, 2013, although gold was trading over $1,600 an ounce on an intraday basis two weeks ago when investors… Read More Here
Innovation, skills and learning at Machine Tools Africa 2020  2 International 

Innovation, skills and learning at Machine Tools Africa 2020 

arnbethnic
As the biggest trade exhibition of its kind in Africa, Machine Tools Africa is all about innovation with its focus on additive manufacturing, automation and control, CNC machinery, cutting tools, machines, robotics, and more. Taking place from 12 to 15 May at the Expo Centre in Johannesburg, it’s a showcase of everything that twists, turns, rotates, cuts, forms, bends or shapes. Reflective of the South African machine tools market, the exhibition has been designed in partnership with the Machine Tools Merchants’ Association of South Africa (MTMA), and has their full… Read More Here
Global Cobalt Market 2020 BHP Billiton, Eramet, Rubamin, Glencore Xstrate plc, Sherritt International 3 Cobalt Iron Mining in DRC Mining in Zambia 

Global Cobalt Market 2020 BHP Billiton, Eramet, Rubamin, Glencore Xstrate plc, Sherritt International

arnbethnic, , ,
The research document entitled Cobalt by Market Research Store intends to reveal various facets of the global market with the assistance of the key elements influencing the market, the constraints, and the difficulties that could stop the market development. The Cobalt report provides a thorough assessment for the people seeking for their business growth on both local and global level as well as producers, newcomers in the industry, professional association, private businesses, and commercial marketers. Download Free Sample Cobalt Report: http://www.marketresearchstore.com/report/global-cobalt-industry-market-report-2019-industry-analysis-614076#RequestSample The Leading players mentioned in the Cobalt Market: BHP Billiton, Eramet, Rubamin, Glencore Xstrate plc,… Read More Here
Kagem signs collective agreement with unions 4 Uncategorized 

Kagem signs collective agreement with unions

arnbethnic
Kagem Mining has signed a collective agreement with unions under which unionised employees will receive a 10% increase in basic salary for 2020 and a further 10% increase for 2021.  The company is owned 75% by London-based Gemfields in partnership with the Industrial Development Corporation (IDC), which holds 25% on behalf of the Zambian Government. Kagem General Manager Prahalad Kumar Singh shakes hands with NUMAW National Treasurer Saul Simujika at the signing if the mine’s collective agreement. The collective agreement followed successful negotiations between management and representatives of the National… Read More Here
Cobalt in DRC Cobalt Copper Emeralds Iron Mining in DRC 

ERG suspends Zambia refinery on shortage of cobalt, copper concentrates

arnbethnic
Eurasia Resources Group’s (ERG) Africa unit said on Thursday it will suspend operations at Chambishi Metals in Zambia due to a shortage of copper and cobalt concentrates required to produce cathode.   Chambishi plant. Image by Eurasian Resources. Zambia, Africa’s second-largest copper producer, has introduced a 5% import tax on raw materials which has hobbled the flow of concentrates from mines in neighbouring Democratic Republic of Congo. “It was not possible to locate appropriate feedstock in Zambia. We are in the process of placing the plant on care and maintenance,” ERG… Read More Here
Lookout for These Five Copper Price Trends in 2020 6 Copper Emeralds International Mining in Zambia 

Lookout for These Five Copper Price Trends in 2020

arnbethnic
Looking ahead to 2020, copper is facing a very balanced market. Investors’ positive sentiment regarding copper fundamentals is currently supporting higher prices, Wood and Metal Mining research and advisory group Wood Mackenzie said in a research note on Wednesday. The stronger growth in demand will be underpinned by new semi-finished product capacities, while the growth of the mine supply will depend on both projects and existing mines. The recent approval of new standards for re-categorizing copper scrap in China could determine the mix of copper raw material imports into the… Read More Here
Hot topics at the Investing in African Mining Indaba 2020 7 Copper Energy Gold International Mining in Zambia Uranium 

Hot topics at the Investing in African Mining Indaba 2020

arnbethnic
The 2020 Investing in African Mining Indaba is only two weeks away and is promising to be even bigger than last year’s 25th anniversary event. Attracting even more junior, mid-tier and major mining companies, investors as well as two heads of state, 35 African and five Non-African Ministers and providing a platform for increased connections, deal-making and investment opportunities. This year’s programme and discussions are focused on forging the future direction of the African Mining industry. Under the theme ‘Optimising Growth and Investment in the Digitised Mining Economy’, key topics… Read More Here
Copper cables Copper International Mining in DRC Mining in Zambia Precious Metals 

Global copper market to see another year of volatile prices

arnbethnic
As we look to 2020, copper is faced with a finely balanced market. For now, positive investor sentiment around copper’s fundamentals is supporting higher prices.  Stronger demand growth is underpinned by new semis capacity, while mine supply growth will be reliant on additions from both projects and existing mines. Wood Mackenzie highlights 5 key trends to watch in 2020 Meanwhile, the recent approval of new copper scrap re-categorisation standards in China could yet determine the mix of copper raw material imports into the country and influence global scrap dynamics. Red… Read More Here
Palladium has soars high on the global commodities markets 8 Uncategorized 

Palladium has soars high on the global commodities markets

arnbethnic
The price of the precious metal palladium has soared on the global commodities markets. It has jumped by more than 25% in the last two weeks alone, and almost doubled in value over the last year. At about $2,500 (£1,922) an ounce of palladium is more expensive than gold, and the pressures forcing its price up are unlikely to ease anytime soon. But what is palladium, what is it used for, and why is its price rising? What is palladium? It is a shiny white metal in the same group… Read More Here
The First Zambian Training and Development Manager at FQM | Zambia 9 Mining in Zambia Mining Personality 

The First Zambian Training and Development Manager at FQM | Zambia

arnbethnic
BRUCE CHIBENDA: FROM FARMER’S SON TO FQM TRAINING MANAGER  He is the first-ever Zambian to take up the position of Training and Development Manager at any of First Quantum Minerals’ subsidiaries. Growing up as a young boy in the then mining town of Kabwe in the 1980s, Bruce Chibenda had no idea that he would one day hold a key position in one of the world’s biggest mining companies. Now 42-years-old, Mr Chibenda is the first-ever Zambian to take up the position of Training and Development Manager at First Quantum… Read More Here

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