arnbethnic - Copperbelt Katanga Mining

Written by arnbethnic

Sylvestre Ilunkamba had a meeting with a delegation from PERENCO | DRC

September 6, 2020September 6, 2020 arnbethnic

The Prime Minister, Sylvestre Ilunga Ilunkamba, chaired this Thursday, September 3 at the Government building in Kinshasa, a working session which brought together the ad hoc committee devoted to the PERENCO company file. During his intervention to the press at the end of this hearing, Jean Baudoin Mayo, Deputy Prime Minister, Minister of the Budget indicates that the details and precision as to this will be given in the report of the 47th meeting of the Council of Ministers which will take place this Friday 04 September. “The PERENCO dossier… Read More Here

DRC government authorizes PERENCO-REP to implement its natural gas exploitation project to produce electricity

September 6, 2020September 6, 2020 arnbethnic

The Council of Ministers of Friday September 4, under the direction of the Head of State, gave its discharge for the realization of the project of PRERENCO-REP to exploit natural gas in order to produce electricity. At the end of this meeting of the government, the Council of Ministers adopted the report of the Commission set up to study this file, giving its approval for: – reaffirmation of the need to carry out the project for the production and marketing of electricity obtained by the transformation of natural gas by… Read More Here

Copper Global markets International

Copper prices could reach 7,500 USD per tonne (Analysts)

September 6, 2020September 6, 2020 arnbethnicCopper Prices

This week, copper traded up to USD 6,800 per tonne in the international market. Several analysts are betting that the red metal could easily peak at $ 7,500 or even more if supply continues to tighten. Several traders and analysts say shrinking spot reserves could trigger another price spike, building on a rally that took copper this week to two-year highs above $ 6,800 per tonne, miningnewspro reports .com. According to Red Kite Capital Management fund manager George Daniel, the market is starting to look like it was in the early… Read More Here

Mining Equipment International Mining technology

Autonomous dump trucks and why the market is poised for growth

September 4, 2020September 4, 2020 arnbethnic

Autonomous trucks are already a common sight at mines around the world. Researchers at The Parker Bay Company forecast that the market for self-driving machinery is set for growth as operators take advantage of the economic benefits of the technology.By Ben Hargreaves13 March 2020 From data analytics to simulation, new technologies are playing an increasingly important role in the mining industry – and the sector is also proving to be a leader when it comes to the adoption of the latest remotely operated trucks. Rio Tinto’s new $2.6 billion Koodaideri… Read More Here

Diamond Artisanal mining Mining in DRC

Kasai provincial deputies plead for the opening of artisanal diamond mining zones

September 4, 2020September 4, 2020 arnbethnic

A group of provincial deputies from Kasai presented, Tuesday, September 2, a notebook containing several grievances, including the opening of artisanal diamond mining areas in this province in order to allow artisanal miners, commonly called diggers, to have spaces where they can exploit without constraints of the holders of mining squares. The provincial deputy, Diallo Meba Kalumba, who spoke on behalf of his colleagues, summed up DESKECO COM over the phone the content of their specifications. “We presented on behalf of the population the grievances related to their unhealthy treatment… Read More Here

Mining Careers Mining in DRC

Chinese Service Technician | Mining Careers at SMT Africa, Lubumbashi, DRC

August 31, 2020August 31, 2020 arnbethnic

Company Name: SMT Africa | Location: Lubumbashi, Katanga, Congo (DRC) ApplyNOW Effectuer les travaux d’entretien ou de réparations simples et complexes des engins, camions, groupes électrogènes, buses ( Volvo, SDLG, Dressta, Eicher), seul ou en équipe, en atelier ou sur sites de clients, de manière autonome et en respectant les standards de constructeurs. Carry out simple and complex maintenance or repair work on machines, trucks, generators, nozzles (Volvo, SDLG, Dressta, Eicher), alone or in a team, in the workshop or on customer sites, independently and respecting manufacturers’ standards. 我们在找寻一名中国机械维修师傅，能够执行工程机械、卡车、巴士、发电机的保养及维修任务。工作品牌品牌以沃尔沃为主，也包括山东临工，瑞斯塔等其他品牌。工作地点为卢本巴希公司车间或者客户现场。能够在遵守沃尔沃标准规范下，自主地完成工作。职责 : Effectuer les entretiens,… Read More Here

Copper Mining in DRC

Ivanhoe to issue definitive feasibility study and expansion studies for the tier one Kamoa-Kakula Copper Project on September 8, 2020

August 31, 2020August 31, 2020 arnbethnic

Ivanhoe Mines announced on the 19th August 2020 that on September 8, 2020, it plans to issue the independent definitive feasibility study for the development of the 6 million-tonne-per-annum (Mtpa) Kakula Mine. The company also will issue a pre-feasibility study, including mining 1.6 Mtpa from the nearby Kansoko Mine, to take full advantage of an expanded plant capacity of 7.6 Mtpa at Kakula. In addition, the company will issue an updated, expanded preliminary economic assessment for the overall development plan of up to 19 Mtpa for all of the copper discoveries… Read More Here

Mining in DRC Taxes

DRC government plans to ID all foreign workers in the country

August 31, 2020August 31, 2020 arnbethnic

The Minister of Employment, Labor and Social Welfare, Néné Nkulu Ilunga, says she has found that the hiring of foreign workers in several Congolese companies is in violation of the legal and regulatory provisions in force. She informed members of the government on Friday August 28 during the 46th meeting of the Council of Ministers, considering that it was “necessary” to proceed with the identification of foreigners to remedy this problem. After debate and deliberation, the file was adopted subject to the application of legal provisions regarding the financing of the… Read More Here

Mining in Zambia Covid-19 Economy

Feeling for the economy’s pulse | Zambia

August 30, 2020August 30, 2020 arnbethnic

Leading businesspeople and economists give their views on Zambia’s economic future post-COVID The question of how Zambia’s already weakened economy can survive the mounting fiscal pressure – exacerbated by COVID-19 – was recently examined in The Road to Recovery: A policy brief for a post-COVID Zambian economy, released by the Zambia Chamber of Mines. Many Zambians have since voiced their views on the value of its recommendations. Mining for Zambia asked Zambian business owners, economists and other experts to weigh in on the debate around what measures should be taken to put… Read More Here

Cobalt Mining in DRC

China Moly’s H1 cobalt production down 24% year/year

August 30, 2020August 30, 2020 arnbethnicChina Moly

China Molybdenum Co., one of the world’s biggest cobalt producers, saw its output of the battery metal fall 24% year-on-year in the first half, according to Reuters calculations based on company filings. China Moly, which operates the Tenke Fungurume mine in the Democratic Republic of Congo (DRC), said in a statement on the Shanghai Stock Exchange it produced 6,543 tonnes of cobalt metal in January-June this year. It had reported output of 8,614 tonnes in the first half of 2019. The number implies second-quarter production of 3,299 tonnes of cobalt, a key… Read More Here