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Category: Covid-19

Copper Market Copper Covid-19 Global markets International 

Experts expect good prospects dictated by post-covid-19 economic stimulus plans | Copper market

arnbethnic
Copper is currently trading on the international market around $ 6,500 per tonne. Moreover, the post-Covid economic recovery plans announced in Europe, the United States and China could consolidate, according to experts, the price of the red metal. These good predictions from experts are good news for the Democratic Republic of Congo as a copper-producing country. After the coronavirus pandemic, experts are looking at growing demand for copper around the world. According to Fitch Solutions, global demand for copper is expected to grow from 23.6 million tonnes in 2018 to 29.8… Read More Here
Barrick Gold Covid-19 International 

Barrick annual production on track despite Covid-19

Copperbelt Katanga News
Barrick is expected to achieve annual production within its 2020 target range. Second quarter results show year-to-date gold production of 2.4 million ounces, mid-year forecast of 4.6 million to 5 million ounces. The company announced that gold production was down 15% from 1.149 million ounces in the second quarter compared to 1.353 million ounces in the same period in 2019, reflecting the coronavirus impact at the Veladero mine in Argentina and the Porgera dispute -Goldmine in Papua New is attributed to Guinea. Barrick ceased production at Porgera and sued the… Read More Here
economic operators Mining in DRC Covid-19 Economy 

Albert Yuma submits the problems faced by economic operators to Félix Tshisekedi | DRC

arnbethnic
The Head of State, Félix Tshisekedi, exchanged, on Thursday, August 6 at the City of the African Union, with a delegation from the Federation of Enterprises of Congo (FEC) led by its president, Albert Yuma Mulimbi.  According to the president of the FEC, his delegation had an “important and long” meeting with the Head of State on the relations between the Congolese employers and the Congolese state represented by the President of the Democratic Republic of Congo. He said, “The meeting aimed at seeing how best to improve private and… Read More Here
Australia Covid-19 Corporate social responsibility Mining in DRC Mining in Zambia 

Australian companies, Leading the pack on ESG (Environmental, Social & Governance) issues in Africa

arnbethnic
Over the past few months, despite witnessing strained supply chains, some government-mandated shutdowns and huge reduction in international travel, Australian metals and minerals companies operating in Africa have largely escaped the immediate impact of the COVID-19 crisis.  And while financial markets have largely bounced back and the reintroduction of international travel will restore both supply chains and the movement of workers, what will stay in place long after the pandemic is eradicated is a shift in global business culture. The crisis has in many ways highlighted that the world has… Read More Here
Copper Covid-19 Covid-19 Economy Mining in DRC 

Mining production unaffected by the COVID-19, reassures the Minister of Mines | DRC

arnbethnic
During the economic meeting held on Tuesday July 28, 2020, the Prime Minister, Sylvestre Ilunga Ilunkamba, the Minister of Mines, Willy Kitobo, revealed that “mining production has not been affected by the COVID-19 pandemic “. Moreover, the prices of metals are doing well on the international market. “In the mining sector, the responsible Minister reassured the members of the Economic Conjuncture Committee that mining production was not affected by the COVID-19 pandemic, and metal prices are doing well on the international market . The Ilunkamba Government congratulates and encourages mining… Read More Here
Covid-19 International Covid-19 

The dilemma of Covid-19’s second wave

arnbethnic
Shuttering businesses, grounding airlines and ordering people to stay home was hard enough the first time. The thought of having to do it all over again is something world leaders don’t want to even contemplate.  From Italy to New Zealand, irrespective of how well the virus was contained, governments acknowledge that fresh waves of the deadly coronavirus are likely and that the policy tools to mitigate the damage are limited. The hope is that localizing quarantines to towns, cities and regions will be enough to snuff out bouts of infections… Read More Here
South African Mines Minister COVID-19 Covid-19 

South Africa mines minister hospitalized with covid-19

arnbethnic
South Africa’s Minister of Minerals and Energy Gwede Mantashe has been hospitalized after testing positive for covid-19. Mantashe, who is also chairman of the ruling ANC party in the African nation, went into self-quarantine about a week ago. “Minister Mantashe was admitted to hospital on the advice of their family doctor for better medical attention and monitoring,” the presidency said in an emailed statement on Monday, Bloomberg reported. It was revealed last week that Zindzi Mandela, the daughter of the country’s first democratically elected president, Nelson Mandela, tested positive for covid-19… Read More Here
Could Covid-19 spark an autonomous revolution in mining? 1 Covid-19 International Mining technology 

Could Covid-19 spark an autonomous revolution in mining?

Copperbelt Katanga News
The Covid-19 pandemic has disrupted mining operations across the globe but, as lockdowns lift and miners adjust to new ways of working, we look at whether coronavirus could be the spark for an autonomous revolution.  Concerns have been raised that mines could be potential hotbeds for new outbreaks of the disease due to the close proximity miners work in, with significant outbreaks among Polish coal miners in the mining region of Silesia showing that regular mining operations will be difficult to resume in a safe capacity. Automation in the spotlight… Read More Here
Toyota sees further recovery in global car production in August 2 Covid-19 International Transport and Logistics 

Toyota sees further recovery in global car production in August

Copperbelt Katanga News
Toyota Motor Corp  will make 2% fewer vehicles worldwide in August than originally planned, the Japanese automaker said on Tuesday as production is gradually recovering from a steep decline due to the coronavirus pandemic. The company said it aimed to make 15,000 fewer vehicles than its initial plan, which was around 750,000, according to Reuters’ calculations. August’s reduction is smaller than the cut of 10% seen in July, and June’s 40% reduction. As Japan fears a second wave of infections spreading from the capital, one Toyota employee working at its… Read More Here
Kibali Gold Mines Covid-19 Corporate social responsibility Gold Mining in DRC 

Barrick Gold reaches $2 million in response to Covid-19 | DRC

arnbethnic
In response to the call by the President of the Republic, Félix Tshisekedi, to support the response to the Covid-19 in the DRC, Kibali Gold Mines and its operator Barrick Gold have brought a batch of equipment and equipment for the response to the Coronavirus pandemic in the city provinces of Kinshasa.  On Saturday, 11 July, The resident representative of Barrick in the DRC and general manager of Kibali Gold Mines, Cyril Mutombo, presented the governor of the Kinshasa provincial city, Gentiny Ngobila, with these equipments and implements consisting of:… Read More Here

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