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Gold price falls as Powell Testimony lifts Dollar 1 International Gold 

Gold price falls as Powell Testimony lifts Dollar

Constance
Gold erased all of last week’s gains on Tuesday 28th Feb as the dollar jumped after Federal Reserve Chair Jerome Powell indicated rate hikes could come at a faster pace in his testimony to a congressional committee. Spot gold fell 1.6% to $1,818.96 per ounce by 12:30 p.m. ET, its lowest in a week. US gold futures were down 1.5% in New York to $1,827.10 per ounce. The Fed will likely need to raise interest rates more than expected in response to recent strong data and is prepared to move in larger… Read More Here
Battery metals projects catch eye of Pension funds and Carmakers 2 International Battery Metals Cobalt Copper Lithium Nickel 

Battery metals projects catch eye of Pension funds and Carmakers

Constance
Critical minerals projects are attracting newfound interest from pension funds and automakers to help tackle a looming shortage of battery metals, say some of Canada’s top investment bankers. The rush for metals like lithium, copper and nickel needed to power electric vehicles has “clearly brought the sector into a spotlight that it wasn’t in a few years ago,” Ilan Bahar, global mining co-head at BMO Capital Markets, said during a Monday panel discussion at a mining conference in Toronto. Bank of Montreal’s investment banking business has seen more interest from… Read More Here
AFC Partners with Xcalibur for Africa's Natural Resource Mapping 3 International 

AFC Partners with Xcalibur for Africa’s Natural Resource Mapping

Constance
Africa Finance Corporation (AFC) the leading infrastructure solutions provider in Africa, and Xcalibur Multiphysics, the worldwide leader in airborne geophysics, have announced their intention to partner on mapping, developing and co-financing natural resource projects that will spur minerals and critical raw materials beneficiation in Africa The primary goal of the alliance is to support the development of the natural resource value chain on the continent, contribute to the energy transition by reducing dependency on fossil fuels and support the path to more diversified and sustainable economies.  The partnership was announced at… Read More Here
SOLWEZI COLLEGE OF NURSING GETS A NEW LEASE ON LIFE  4 Mining in Zambia Infrastructural Development 

SOLWEZI COLLEGE OF NURSING GETS A NEW LEASE ON LIFE 

Constance
 First Quantum Minerals has handed over the renovated Solwezi College of Nursing and Midwifery hostels and has also donated bunker beds and mattresses to Solwezi General Hospital.   The facility was renovated at a total cost of K876,000. This includes 56 bunk beds and 112 mattresses.  Solwezi College of nursing and midwifery was commissioned in 1988 with the vision to provide quality nursing education to the student nurses selected to train at the institution.    The institution was given the status of registered nursing by the nursing and midwifery council of Zambia… Read More Here
PROMISING TALENTS SHINE AT NW SCHOOLS CYCLING SERIES  5 Mining in Zambia 

PROMISING TALENTS SHINE AT NW SCHOOLS CYCLING SERIES 

Constance
 Cyclists converged in Solwezi at the weekend, as Kansanshi Events and Kansanshi Cycling Team partnered to host the first round of the North-Western Schools Cycling Series at Trident College.   Some 140 students took part in the event, the majority from Educore’s Trident Prep School, Kabitaka, and Trident College. Other schools taking part included Makole Community School, Mushitala Primary and St Charles School for the Deaf.   A noticeable trend throughout the day of racing was the emergence of extremely talented young riders, who had clearly spent the holiday season training hard. … Read More Here
Zambian Government supports Bell Apprenticeship Training 6 Mining in Zambia 

Zambian Government supports Bell Apprenticeship Training

Constance
Bell Equipment has been chosen by the Zambian Government as a partner in its Apprenticeship Programme, whereby the government will fund 50% of our Zambian apprentice training over four years to drive skills development. A signing ceremony with Zambia’s Technical Education, Vocational & Entreneurship Training Authority (TEVETA) took place last week. As a company with African roots, Bell understands the importance of skills development. 2023 marks 35 years that Bell has been investing in apprenticeship training and, as one of the largest suppliers of artisans for the earthmoving industry in… Read More Here
PDAC 2023 Launches Amid Critical Minerals Scramble 7 Battery Metals Corporate News Events & Expos International 

PDAC 2023 Launches Amid Critical Minerals Scramble

Constance
PDAC 2023 kicks off amid critical minerals scramble: This year’s Prospectors and Developers Association of Canada (PDAC) convention officially began on 5th march Sunday morning, following a year that has seen the #miningsector attract a new level of attention from governments, #automakers, #battery#manufacturers and more. During the opening ceremony, Julie Dabrusin, parliamentary secretary to the federal minister of natural resources, highlighted how the commitment of 120 countries, including 21 countries from #AFRICA has put the spotlight on #mining. “I think that after a bit of a hiccup with respect to the markets, things have turned,” #PDAC President Alex Christopher said.… Read More Here
DRC's Mining Sector expects Technical support from the National Geological service of France 8 Mining in DRC Contracts & tenders 

DRC’s Mining Sector expects Technical support from the National Geological service of France

Constance
The mining sector of the Democratic Republic of Congo (DRC) will benefit, in the days to come, from the expertise of the Bureau of Geological and Mining Research (BRGM), the national geological service in France.  With this in mind, the BRGM will support the DRC in the work relating to the mapping and certification of its mining resources.  This was informed by the President of the Republic, Félix Tshisekedi Tshilombo, on Saturday March 4, 2023, following discussions with his French counterpart, Emmanuel Macron, during a visit to Kinshasa. The two… Read More Here
How zircon helps Identify Untapped Copper deposits 9 International Copper 

How zircon helps Identify Untapped Copper deposits

Constance
New research shows that it is possible to mine zircon textures to identify valuable mineral deposits. In a paper published in the Journal of Geophysical Research: Solid Earth, Chetan Nathwani and his colleagues at Imperial College London explain that zircons are common, hardy minerals that can be found in rocks up to 4 billion years old. Their structure and texture can reflect the conditions in which they formed, earning them a reputation as nature’s time capsules. Knowing this, Nathwani and his team developed a method to distinguish minute differences between zircon grains formed… Read More Here
SA Junior Miners In A Jam 10 International 

SA Junior Miners In A Jam

Constance
Junior miners struggle to access funding for project development. Without junior miners there would be no mining, large-scale or otherwise. The junior mining sector remains the backbone of the resources sector. Renergen CEO Stefano Marani explains it this way: if a country doesn’t have explorers discovering and upgrading resources, the mining sector in that country dies. “This is analogous to a country with a zero birth rate,” he says. It is therefore imperative to continually invest in exploration, which translates into a strong pipeline of projects for the future, given… Read More Here

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