arnbethnic - Copperbelt Katanga Mining

Written by arnbethnic

Reopening of economies boosting metals prices

July 3, 2020July 3, 2020 arnbethnic

Since lockdown measures to contain Covid-19 around the world have eased, ratings and research agency Standard & Poor’s Global (S&P Global) says the reopening of economies, combined with monetary stimulus by banks and governments, has allowed industrial metal prices to rise. However, even though industrial metal prices have risen from the lows experienced in the first quarter of the year, there remains a possibility of a second wave of Covid-19 infections as lockdowns are eased. “It nevertheless remains a significant downside risk to industrial metal prices for the rest of… Read More Here

Mining Companies International Mining technology

Astec signs distributor for African countries

July 3, 2020July 3, 2020 arnbethnic

Astec Industries has appointed Aramine as an official dealer of Astec Material Solutions in the West African countries of Mauritania, Mali, Senegal, Guinea, Ivory Coast, Burkina Faso, Benin, Togo and Niger and the Maghreb areas of Algeria, Tunisia and Morocco. Aramine will become an official dealer for Astec in several African countries. The agreement, effective in early June, was inked between Astec’s Africa Middle East regional office and makes Aramine an official dealer. No financial details were released. According to Aramine key regional and product manager and head of distribution… Read More Here

Mining technology International

JCB launches hydrogen fuel cell excavator

July 3, 2020July 3, 2020 arnbethnicHydrogen Fuel, JCB

UK-based mechanical engineering firm JCB has launched a 20-tonne excavator powered by a hydrogen fuel cell. The 220X has been undergoing testing at JCB’s quarry proving grounds for more than 12 months, said the company. “The development of the first hydrogen fuelled excavator is very exciting as we strive towards a zero carbon world,” said JCB chairman Lord Bamford. Last year, JCB went into full production with the construction industry’s first fully electric mini excavator, the 19C-1E. JCB has also extended electric technology to its Teletruk telescopic forklift range with the… Read More Here

Mining technology

Hydrogen to fuel giant mining dump trucks at Anglo American Platinum mine | SA

July 3, 2020July 3, 2020 arnbethnic

Anglo American Plc is advancing plans to convert its fleet of giant diesel-fueled mine trucks to hydrogen power as the company seeks to burnish its green credentials. More than 400 mine-haul trucks could be rebuilt to use hydrogen fuel, with a pilot project starting next year at Anglo American Platinum Ltd.’s open-pit Mogalakwena operation in South Africa. A 3.5-megawatt electrolyzer will produce hydrogen on site, while the trucks will also be fitted with a platinum catalyst. ANGLO HAS REITERATED TARGETS TO REDUCE GREENHOUSE GAS EMISSIONS BY 30% OVER THE NEXT… Read More Here

Mining in Zambia New Mining Projects

Arc Minerals’ Season 2 of Exploration Resumes | Zambia

July 3, 2020July 4, 2020 arnbethnic

Arc Minerals has resumed its second season of exploration activities at its Zamsort and Zaco licence areas in north-western Zambia. Diamond drilling activities will resume over the Fwiji target, where the company already defined the target area through previous exploratory works. Follow-up work at a number of the other target areas, including Cheyeza East and Muswema, is also underway. The total diamond drilling programme for the year is budgeted for an initial 8 000 m, with hole depths to between 100 m and 250 m below surface. Diamond drilling is initially… Read More Here

Taxes Economy Mining in DRC Mining tax

Glencore paid DRC Govt $614-million in 2019

July 3, 2020July 3, 2020 arnbethnic

Diversified miner Glencore made payments of $7.7-billion to the governments of countries in which it operates in 2019. This includes $614-million paid to the Democratic Republic of Congo’s government in taxes, royalties and other payments. Glencore paid Argentina $21.6-million, Australia $1.6-billion, Bolivia $10.9-million, Cameroon $5.3-million, Canada $51.4-million, Chad $88.6-million, Chile $235.6-million, Colombia $291.7-million, South Africa $96.6-million, Equatorial Guinea $65.9-million, Kazakhstan $414.2-million, Peru $417.1-million and Zambia $11.6-million. Thirty per cent of these payment contributions went towards adjusted effective tax rates, while $5.2-billion was paid in salaries, wages, social security and other… Read More Here

Events & Expos Covid-19 Mining in DRC

DRC Mining Week Postponed to 15-17 June 2021

July 3, 2020July 3, 2020 arnbethnic

The DRC Mining Week event that was firstly slated for June 2020, later was moved to October 2020 has finally been moved to June 2021. Below is an emailed statement received from the organisers, Clarion Events Africa. “Following a period of continuous engagement with our stakeholders and customers, and due to the status of the global COVID-19 pandemic and the extended state of emergency extended by the government of the DRC, Clarion Events Africa (formerly Spintelligent) has taken the decision to postpone DRC Mining Week. The event, which was to… Read More Here

Mining Careers Mining in Zambia

After Market Manager | Careers at BIA Zambia, Kitwe

July 3, 2020July 3, 2020 arnbethnic

After Market Manager- Zambia/HUB 3 Job Location | Zambia Job Code | 5584 Apply Now « Cette annonce est uniquement disponible en anglais » MAIN RESPONSIBILITIES Defines the After Market strategy and its processes according to company guidelines and global strategy. Organizes and supervises all After Market activities at country level and in related Countries Prepares After Market budget and is responsible to reach targets agreed in the budget. Ensures the profitability of the After Market (absorption ratio). Consolidates reporting for After Market activities (parts, service & product support). Monitors After Market KPIs,… Read More Here

Copper Mining in Zambia Mining safety

Zambia’s KCM warns part of Nchanga openpit mine about to collapse

July 3, 2020July 3, 2020 arnbethnic

Zambia’s Konkola Copper Mines (KCM), a unit of diversified miner Vedanta Resources, has closed part of its openpit mine as a portion of the pit is about to collapse, the chief executive officer said late on Thursday. KCM predicted that part of the Nchanga Open Pit in Chingola in Zambia’s Copperbelt area will cave in “anytime” in the next five days after geotechnical assessments detected some slope instability. The slough – or caving in of the ground – manifested so far through tension cracks opening up is likely to stretch… Read More Here

Mining in DRC

Coltan supply from SMB (Societe Miniere de Bisunzu) in Congo unaffected by violent clashes

July 3, 2020July 3, 2020 arnbethnic

Activity at Societe Miniere de Bisunzu’s (SMB) coltan mine in Congo’s North Kivu province is continuing as normal and supply chains were not disrupted despite violent clashes last week, the region’s mines minister said on Thursday. SMB has some of Africa’s biggest deposits of coltan, an ore rich in tantalum, which is used widely in smartphones. An attack took place in the evening of June 23 in Kisura village within an unmined part of SMB’s site near Bibatama, David Kamuha Musubaho said in a letter dated June 27 and seen… Read More Here