International - Copperbelt Katanga Mining

Global: Tin prices surge to 33,394.18 USD per ton, marking a 10% rise

April 21, 2023April 21, 2023 Constance

Tin prices climbed 10% on Tuesday, April 18, 2023, to reach the bar of 33,394.18 USD per ton on the Shanghai stock exchange in China. According to specialists in the sector, the suspension of mining in Burma is the cause of fears over supply. In London, tin is posting a 3.9% gain this week and is trading at $28,440 a tonne, a level not seen since February 2023. “In Shanghai, tin prices climbed more than 10% on Tuesday, reaching their highest level in 2 months. The most traded contract (May expiry)… Read More Here

Barrick On Track to Achieve 2023 Targets

April 18, 2023April 18, 2023 Constance

Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) (“Barrick” or the “Company”) on Thursday 13th April reported preliminary Q1 sales of 0.95 million ounces of gold and 89 million pounds of copper, as well as preliminary Q1 production of 0.95 million ounces of gold and 88 million pounds of copper. As previously guided, Barrick’s gold production in 2023 is expected to increase through the year with the first quarter being the lowest, while copper production is expected to be higher in the second half of the year. We remain on track to achieve our… Read More Here

Battery Metals International

Tanzania signs $667 million deals for rare earth and Graphite projects

April 18, 2023April 18, 2023 Constance

Tanzania on Monday 17th April signed agreements worth $667 million with three Australian companies to mine rare earth minerals and graphite, part of the president’s drive to fast-track negotiations on long-pending mining and energy projects. Under the deals with Evolution Energy Minerals, Ecograf Ltd and Peak Rare Earths, Tanzania will have a 16% stake each in jointly established companies to operate the projects, said Palamagamba Kabudi, the chairman of the government’s negotiating team. The US government and allies including Australia, which has some of the world’s largest rare earths producers… Read More Here

New Mining Projects International Lithium

Operations Start at Zimbabwe’s Zulu Lithium Mine

April 17, 2023April 17, 2023 Constance

Strategic metals and minerals mining firm, Premier African Minerals, has kickstarted operations at its Zulu Lithium Mine in Zimbabwe with the firm making its first blast at the mine. With the blast, the firm says it is set to introduce first ore at the mining facility by mid-April. George Roach, CEO of Premier African Minerals, said “We are waiting for one regent to arrive which is on its way. The objective is to produce SE6 as it is known. It’s a concentrate and a step up in processing of the ore… Read More Here

International Battery Metals Lithium

Glencore to offer lithium batteries recycling services in Spain and Portugal

April 12, 2023April 12, 2023 Constance

Swiss miner and commodities trader Glencore is joining forces with waste management services provider FCC Ámbito and Spanish energy firm Iberdrola to offer lithium-ion battery recycling services in Spain and Portugal. The partners will build a recycling plant that will also offer second-life solutions for batteries, both from gigafactory production scrap and end-of-life batteries, Glencore said n the statement. The companies said they have assessed existing battery recycling capabilities and feed availability in Spain and Portugal, but the location of their factory, to be run by FCC, is yet to be determined. Kunal… Read More Here

International Sponsored Content Technology & Innovation

BEKA Schréder Supplies Smart Lighting Solution for Unsafe Walkway in Stellenbosch

April 12, 2023April 12, 2023 Constance

BEKA Schréder has supplied a complete smart lighting solution for a public walkway in Stellenbosch, South Africa. The aim of the project was to uplift an unsafe walkway, enabling the general public to safely use it. BEKA Schréder has supplied a complete smart lighting solution for a public walkway in Stellenbosch, South Africa. The aim of the project was to uplift an unsafe walkway, enabling the general public to safely use it. View a video of the installation here: https://youtu.be/dXW812Lq4HU The requirement was for a completely self-sufficient system that… Read More Here

Gold International

Policeman among gold thieves : Mozambique

April 12, 2023April 12, 2023 Constance

Four people, one of them a member of the Mozambican police force were detained on Monday, in the central province of Manica, accused of stealing two kilos of gold and 750,000 meticais (about 11,800 US dollars) in cash. The theft occurred on Saturday on the premises of a gold mining company. There were five alleged thieves: two informal gold miners, a supervisor of the mining company, and two policemen, one from the Rapid Intervention Unit (UIR – the Mozambican riot police), and one from the Frontier Guard. The latter evaded… Read More Here

International News in Brief

Toyota aims to sell 1.5 million vehicles

April 11, 2023April 11, 2023 Constance

Toyota Motor announced, Saturday 8th April, the intention to expand its catalog of electric vehicles, at the mercy of the introduction of 10 more models, still aiming to sell 1.5 million of these cars by 2026. Toyota’s executive chairman, Koji Sato, quoted by EFE, was peremptory in saying that “we are going to do everything possible to move forward with electrification”, at the same time that we want to “achieve carbon neutrality”. In addition to focusing on the production of fully electric vehicles, the brand wants to continue to focus… Read More Here

International Battery Metals

Alternative Battery minerals gain favor

April 10, 2023April 10, 2023 Constance

Due to the explosion of the battery mineral market, the hunt has been on to find and develop more affordable alternatives. In the past decade there has been a massive global shift towards the utilisation of batteries in an increasingly wide range of applications. The most notable has been in stored power packs from PV installations to rechargeable batteries for the Electric Vehicle (EV) market that is increasingly putting higher demands on the delivery of critical minerals and metals. This demand has led to some of these minerals and metals… Read More Here

International

Contango’s Zimbabwe coking Coal project close to Production

April 10, 2023April 10, 2023 Constance

The wash plant construction at Contango Holdings’ Lubu coal project in the northwest of Zimbabwe is complete and production at the company’s new mine is imminent. Coking coal, or metallurgical coal, is a high-quality grade of coal that is used to produce coke, an essential fuel and reactant in the blast furnace process for primary steelmaking. Most of the coal produced in Zimbabwe today, is thermal coal, used in generating electricity. London listed Contango, anticipates that once Lubu is in full operation towards the end of this year, it will be… Read More Here