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Barrick Declares Dividend of $0.15 Per Share for Q3, Leading to Record Annual Returns in 2022- Press Release 1 International 

Barrick Declares Dividend of $0.15 Per Share for Q3, Leading to Record Annual Returns in 2022- Press Release

arnbethnic
TORONTO – Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today announced the declaration of a dividend of $0.15 per share for the third quarter of 2022. The dividend is consistent with the Company’s Performance Dividend Policy announced at the start of the year. The Q3 2022 dividend will be paid on December 15, 2022 to shareholders of record at the close of business on November 30, 2022. In addition to the enhanced dividends declared so far in 2022, Barrick has continued to repurchase shares under the share buyback program that was announced in February of… Read More Here
Disciplined Strategy Execution Supports Sustained Value Creation at Barrick 2 International Mining in DRC Mining in Zambia 

Disciplined Strategy Execution Supports Sustained Value Creation at Barrick

arnbethnic
LONDON – Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) remains on track to achieve its 2022 production guidance despite some short-term operational challenges and rising input costs, president and chief executive Mark Bristow said today. Presenting the company’s third-quarter results, Bristow said a steady performance had paved the way for a stronger Q4, driven by access to higher grades at Nevada Gold Mines (NGM). Its exploration drive continues to build momentum and Barrick is set once again to grow its reserves net of depletion this year. Operating cash flow for the quarter was $758 million… Read More Here
Safety Officer Careers Mine Safety Mining in Zambia Safety & Health 

ZAMBIAN MINES CHALLENGED ON SAFETY

arnbethnic
Zambia’s Mines and Minerals Development Minister PAUL KABUSWE has challenged mining companies to improve their Occupational Safety and Health systems. Mr. KABUSWE says the desire of government is to see zero fatalities and growth in the mining industry to meet production targets of 3 million tons of Copper in a decade. In a speech read on his behalf by Acting Director Mines Safety Department MALFRED MOOLELA at the 6th National Conference on Occupational Health, Safety and Environment in Ndola Mr. KABUSWE said his Ministry is aware that several mining companies… Read More Here
Kolwezi-Lumwana Road And The Lusaka-Ndola Dual Carriageway Concession Agreements To Be Signed 19 Mining in Zambia Governance 

Kolwezi-Lumwana Road And The Lusaka-Ndola Dual Carriageway Concession Agreements To Be Signed

arnbethnic
The Zambian Government will in the next three weeks sign a concession agreement under a Public-Private Partnership financing model for the construction of a dual carriageway from Ndola to Lusaka. Finance and National Planning Minister SITUMBEKO MUSOKOTWANE has announced during the 2023 Post Budget Symposium in Kitwe on the Copperbelt. Dr. MUSOKOTWANE has further disclosed that government will proceed to sign two more concession agreements to work on the Ndola – Mufulira Road and a build a road from Kolwezi in the Democratic Republic of Congo -DRC- to Lumwana to… Read More Here
MIBA's Global Recovery Plan cost the DRC Government USD 161 million 20 Mining in DRC Diamond 

MIBA’s Global Recovery Plan cost the DRC Government USD 161 million

arnbethnic
The DRC government has exercised the option of no longer injecting money sporadically into MIBA, taking into account recent experiences where funds poured into this company from the state portfolio have yielded nothing. For the Sama Lukonde Government, it is rather necessary to implement a global MIBA recovery plan estimated at more than 161 million USD. “As regards the relaunch of MIBA, I myself immersed myself in the dilapidated state of its production tool during my last stay in Mbuji-Mayi. The Government’s vision for this company, as for other public companies in… Read More Here
Zambian Govt Looking For Mopani Copper Mines’ Partner 21 Copper Mining in Zambia 

Zambian Govt Looking For Mopani Copper Mines’ Partner

arnbethnic
Mines and Minerals Development Minister PAUL KABUSWE says Government is working to identify a strategic partner and financier for Mopani Copper Mines. Mr. KABUSWE says Government will continue working to find capital for the mining firm even when it is also trying to source for its own money for operations. And the Mines Minister says  Konkola Copper Mines -KCM- has appointed a financial advisor who is working closely with Government and the provisional liquidator to identify and develop strategic options to secure the long term future of the mine. Speaking… Read More Here
Establishment of the electric battery manufacturing plant, the wishes of the people of Tanganyika and Haut-Lomami submitted to Julien Paluku 22 Green Energy Mining in DRC 

Establishment of the electric battery manufacturing plant, the wishes of the people of Tanganyika and Haut-Lomami submitted to Julien Paluku

arnbethnic
The execution of the major project of the electric battery industry which will create more wealth and jobs in the Democratic Republic of Congo was Tuesday, November 1, 2022 at the center of exchanges between the national deputies of the provinces of Tanganyika and Haut-Lomami (provinces which abound in lithium and other minerals) and Julien Paluku, Minister of Industry in his office. These elected officials wanted to soak up reliable information on the installation process of the manufacturing plant for the precursors of electric batteries and to reassure themselves that… Read More Here
Greening global economy brings dependence on critical minerals 23 Battery Metals Cobalt Copper Global markets Lithium Nickel 

Greening global economy brings dependence on critical minerals

arnbethnic
After nearly a century of geopolitical tension over access to oil, experts worry that the global transition to clean energy is creating new dependencies on the critical minerals needed for solar panels, wind turbines and electric vehicle batteries. ADVERTISING Control over most of these essential elements is concentrated in a handful of countries, none more than China, they note. Which metals are key for the energy transition? Cobalt, nickel, manganese and lithium are critical to making electric vehicle batteries. Rare earths such as neodymium, praseodymium and dysprosium are used in… Read More Here
Copper remains around 7,600 USD per tonne (Mercuriales) 24 Copper International Mining in DRC 

Copper remains around 7,600 USD per tonne (Mercuriales)

arnbethnic
Among the mining products exported from the Democratic Republic of the Congo, the general trend is between rising and falling prices on the international market in this week from October 31 to November 5, 2022, inform the projections of the National Mercurial Commission of the Ministry of Foreign Trade. Regarding copper, it is trading this week around 7,617.25 USD per ton against 7,603.15 USD per ton last week, an increase of 14.1 USD. The only other product on the rise is zinc, which is trading this week at 2,967.95 USD… Read More Here

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