You are here

Written by 

Gold price breaks new record 1 Gold International 

Gold price breaks new record

arnbethnic
Gold extended its record-breaking run on Thursday, driven by expectations of more monetary response as surging coronavirus cases continue to pummel the global economy.  Spot gold rose 1.0% to $2,060.01 per ounce as of 1:00 p.m. EDT after reaching an all-time high of $2,069.21 earlier in the day. US gold futures also rose 1.1% to $2,073.40 per ounce. GOLD HAS RALLIED MORE THAN 35% SO FAR THIS YEAR “There are mixed signals that the economy is recovering and some of the signs of recovery are relatively superficial as they show aggregate figures… Read More Here
Careers Mining in Zambia Mining Careers 

Data and Systems Engineer | Mining Careers at Kalumbila FQM

arnbethnic
Data and Systems Engineer Requisition Number: JR351 | Contract Type: On-goingLocation: Solwezi | Country: Zambia | Categories: Engineering Closing date: 19 August 2020 | Apply Now Purpose of the role:  As a key member of the Processing Technical team and reporting into the Plant Superintendent, the Data and Systems Engineer provides organisation, accessibility and distribution of relevant operating data to the process plant staff; The role has a focus on weekly-yearly optimisation. Key Duties and Responsibilities: The specific tasks to be performed by the position holder will include; The role accountabilities include the creation, development and… Read More Here
Careers Mining in Zambia Explosives Mining Careers 

Operator – Packaged and Bulk ANE, ANFO | Mining Careers at Orica Zambia

arnbethnic
Operator – Packaged and Bulk ANE, ANFO (8610)  Req ID 8610 – Posted 31/07/2020 – Initiating Systems & Packaged Explosives (20000635) – IS/PE – Packaged Explosives and Bulk (20000657) – Chambishi – MFG (00410) – M&S Quality – Zambia – Full Time Salaried Apply NOW DescriptionThe Operator Packaged and Bulk ANE, ANFO undertakes the processes/system associated with Packaged and Bulk ANE, ANFO production to the extent of their skill and competence and operates the manufacturing facilities safely, efficiently and effectively to address production and distribution requirements and provide a quality service in the manufacture of Packaged and Bulk ANE, ANFO to our customers in a safe and… Read More Here
ELectra Mining Africa Events & Expos 

Electra Mining Africa Connect. It’s more than a show.

arnbethnic
From 7-11 September industry players will unite in celebration of Electra Mining Africa through participation in its live industry webinar series and product showcases, Electra Mining Africa 2020 Connect.     For the last 46 years, Electra Mining Africa has been on the forefront of delivering the latest products, services and innovations to a captive and receptive audience. Bringing together industries from mining, manufacturing, electrical, power, transport, and new for 2020, automation, it is the largest show of its kind on the African continent, and highly anticipated by all. This makes… Read More Here
First Quantum Copper Mining in Zambia 

First Quantum records second-quarter loss

arnbethnic
TSX-listed copper miner First Quantum Minerals has reported a comparative second-quarter loss of $84-million, or $0.12 a share, compared with earnings of $87-million a year earlier. The company’s net loss increased to $156-million in the three months ended June, from net earnings of $78-million in the prior-year period. Sales revenues, however, increased by 8% year-on-year, to $1.01-billion, primarily owing to copper and gold sales from Cobre Panama and higher sales from Las Cruces. These were offset by lower realised copper prices and the timing of sales at Sentinel delayed by… Read More Here
emerald Gemstones Emeralds Mining in Zambia 

Gemfields warns of bleak second-half

arnbethnic
Gemstone miner Gemfields has warned of bleak conditions for the remainder of this year, as the spread of Covid-19 continues to impact on the group.   “Conditions remain very challenging for Gemfields and for the wider gemstone sector. The effect of travel restrictions, quarantine periods and prohibitions on large gatherings, combined with rising Covid-19 infection rates in our African host nations and in India − our key market for rough emeralds – mean that conditions presently look bleaker rather than better for the remainder of 2020. “There remains considerable uncertainty as… Read More Here
Otjikoto Underground Gold 

Murray & Roberts contracted in a joint venture to establish underground stoping horizon in Namibia

arnbethnic
Vancouver-based B2Gold plans to conduct mining of the Wolfshag zone at its Otjikoto mine in Namibia and has appointed Murray & Roberts Cementation in joint venture with Lewcor Mining to establish the underground stoping horizon.  According to Allan Widlake, new business director at Murray & Roberts Cementation, mobilisation on site has begun and the contract will take 28 months. Otjikoto Mine is Namibia’s largest gold producer and has been in operation since 2015. The Wolfshag zone at Otjikoto comprises a series of shallow, easterly dipping mineralised shoots that sub-crop below… Read More Here
Cobalt Cobalt Economy Mining in DRC 

DRC Cobalt Production at 38,816 tonnes by the end of June 2020

arnbethnic
The mining industry in the Democratic Republic of the Congo overall produced 38,816 tonnes of cobalt in the first six months of 2020, according to data from the Central Bank of Congo.  This production volume achieved in 2020 is up, despite the covid-19 health crisis, compared to the same period in 2019 when mining companies produced 36,772 tonnes of cobalt. Recall that in 2019, the Democratic Republic had produced over the entire year 77,964 tonnes of cobalt. Read More Here
Copper DRC Copper Mining in DRC 

765,533 tonnes of copper produced between June 2019 and June 2020 | DRC

arnbethnic
Mining companies overall produced 765,533 tonnes of copper at the end of June 2020, according to statistics provided by the Central Bank of Congo.This production is up 13.38% compared to the production volume achieved during the same period in 2019, i.e. 675,157 tonnes of copper. During 2019, the DRC’s mining industry produced 1,420,386 tonnes of copper, an all-time record, against a volume of 1,225,227 tonnes in 2018 Read More Here
VAT Economy Mining in DRC Mining tax Taxes 

DRC Government Suspends VAT Exemption on Imports of Mining Companies

arnbethnic
  The Deputy Prime Minister in charge of the Budget, Baudoin Mayo Mambeke, on the decision by the government made at the 41st meeting of the Council of Ministers, has ordered “the suspension of the exemption from VAT on the imports of mining companies” within the framework measures to increase government revenue. In a correspondence dated July 31, 2020 and addressed to his colleague from Finance ministry, the Minister of the Budget wrote: “The Council of Ministers has decided, during its 41st meeting and within the framework of the mobilization of… Read More Here

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

Copperbelt Katanga Mining will use the information you provide on this form to be in touch with you and to provide updates and marketing.