Mining in Zambia - Copperbelt Katanga Mining

Emeralds for Zambia

July 30, 2022July 30, 2022 admin

The global shutdowns following the outbreak of Covid-19 threw a spanner in the works for companies in virtually every industry. But, when a company’s only means of selling their products is getting 150 people into an auction room for five days, it spelled disaster. For international gemstone miner Gemfields – which owns 75% of Kagem Emerald Mine, located 33km south-southwest of Kitwe in Zambia’s Copperbelt Province – sales dropped to nearly zero. Now, with the gavel once again pounding in international auction rooms and revenues climbing, the standstill of the pandemic has… Read More Here

Mining in Zambia Energy

Evolution of Electric Motor Vehicles (EMVs), how ready are we as a Country?- Zambia

July 28, 2022July 28, 2022 admin

The universal realization that climate change is real and its effects primarily global warming, has negatively affected the entire globe, prompting various nations to devise pragmatic mechanisms in which such effects can be curtailed. Several intervention measures across various disciplines are being implemented world over to stem these adverse effects of climate change. As a key mitigation measure, one of the most ambitious programs that many nations have committed themselves to is to cease the manufacture of fossil-fuel propelled automobiles between 2030 to 2050 and replace them with environmentally friendly… Read More Here

Nickel Mining in Zambia

Zambia to be a champion of nickel production in Africa-HH

July 27, 2022July 30, 2022 admin

Zambia officially began its journey to becoming a key player in the new global electric vehicle (EV) ecosystem this week as President Hakainde Hichilema launched the Enterprise nickel mine in Kalumbila. Once up and running, First Quantum Minerals’ mine will be the largest producer of the strategic metal in Africa. Nickel, like lithium, cobalt, and copper, is an essential component in the batteries essential for the new era of ‘green’ vehicles. Designed to process 4 million tonnes of ore and produce around 28,000 tonnes of nickel per year, Enterprise will… Read More Here

Gemstones Mining in Zambia

Gemfields reports record 12-month auction revenue

July 27, 2022July 27, 2022 admin

Gemfields has reported record auction revenue of $330.3-million for the 12 months ended June 30. In a report on the company’s operating results and financial position for the period, released on July 27, Gemfields also reported $181.2-million in total auction revenues for the six months ended June 30, with all three auctions held in the period breaking previous records, the company said. At the end of the period, the company’s cash balance was $111.4-million, which excluded auction receivables of a further $81.1-million, while its gross debt balance was at $29.7-million.… Read More Here

Copper Gold International Mining in Zambia

First Quantum keeps cost guidance unchanged despite inflationary pressures

July 27, 2022July 27, 2022 admin

Unlike many of its peers, Canada-based miner First Quantum has opted to keep its cost guidance for 2022 unchanged, despite inflationary pressures and lower output from its mines in Zambia. The company continues to guide cash costs of C$1.45/lb to C$1.60/lb for the full year, despite second-quarter cash costs exceeding the upper limit of the yearly guidance. During the June quarter, First Quantum reported a $0.13/lb quarter-on-quarter increase in C1 cash costs to $1.74/lb, as inflation drove up the prices for consumables, including explosives, fuel and steel, and freight charges climbed. C1… Read More Here

Copper Gold Mining in Zambia

FQM’s renewed dedication to Zambia attributed to the new regime

July 26, 2022July 26, 2022 admin

First Quantum Minerals (FQM), a large mining company with a TSX listing, plans to make significant investments in the expansion of its Kansanshi copper and gold mine. This shows not only the persistent demand for these two metals from international markets, but also the company’s dedication to a nation that recently welcomed a new political leadership that aims to raise Zambia’s status as a mining investment destination going forward. According to Dr. GODWIN BEENE, an expert in FQM government relations affairs, LAURA CORNISH. Zambia’s mining tax regime, amended in 2019, has seen investment from the sector dwindle and total copper production output stagnate ever since. But the introduction of new president Hakainde Hichilema (appointed into office in September 2021) could change this as he has reopened the door to working with local mining companies to establish a more investment-friendly tax regime. This could be one of the key deciding factors that will enable the FQM board to give the green light on a major expansion project at its Kansanshi operations.… Read More Here

Cobalt Mining in DRC Mining in Zambia

Cobalt falls to USD 53,749.00 per ton this week globally (Mercuriales)

July 25, 2022July 25, 2022 arnbethnic

The prices of the main mining products exported from the Democratic Republic of Congo recorded a downward trend on the international market during the period from July 25 to 30, 2022, inform the experts of the National Mercurial Commission of the Ministry of Foreign Trade. According to this Commission, cobalt is expected to fall to trade at 53,749.00 USD per ton this week against 59,741.00 USD last week, a negative price difference of 5,992 USD. Copper is also expected to continue its downtrend to $7,237.05 per ton from $7,576.05 per… Read More Here

Mining Careers Mining in Zambia

RELIABILITY ENGINEER | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA

July 25, 2022July 25, 2022 admin

Location: Lumwana Mine, Kalumbila Zambia. | Report: Coordinator – Planning & Reliability, Lumwana Mining Company seeks to recruit a highly committed employee for the position of Reliability Engineer to join the versatile Planning and Reliability team within Maintenance Department. you will be responsible for supporting operations in maximizing the utilization, reliability and cost effectiveness of the mining fleet whilst ensuring compliance with relevant procedure, policies, legal requirements, and consent conditions. Your duties will include but are not limited to the following: -Develop whole of life equipment strategies that utilize RCM processes that meet legislative,… Read More Here

Mining Careers Mining in Zambia

SENIOR METALLURGIST , NICKEL PROCESSING | MINING CAREERS AT FQM, SOLWEZI, ZAMBIA

July 25, 2022July 25, 2022 admin

Requisition Number: JR6858 | Contract Type: On-going | Country: Zambia Location: Solwezi Category: Process Apply now Job description: Overall Job Purpose: to be accountable for definition, implementation, monitoring & reporting of the Nickel plant process strategy to optimise metallurgical performance with a focus on daily-weekly-monthly optimisation, providing technical reports on plant performance and improvement projects. The role will also support the management of daily, weekly and monthly metallurgical accounting processes and the preparation of an annual budget and forecast updates. Specific Job Responsibility Take accountability for the monitoring and optimisation of the Process plant’s performance. Maintain health, safety… Read More Here

Mining Careers Mining in Zambia

OFFICER, INDUSTRIAL HYGIENE | MINING CAREERS AT FQM, SOLWEZI, ZAMBIA

July 25, 2022July 25, 2022 admin

Requisition Number: JR6780 | Contract Type: Fixed Term | Country: Zambia Location: Solwezi Category: Health & Safety Apply now Job description: This position will be required to adhere to all relevant requirements, policies, procedures and legal regulations pertaining to health, safety, environment and quality, as well as finance, human resources, and any other regulations as required by the company and relevant to the level of the roles and responsibilities of the function. Hygiene monitoring of food outlets including carrying out bacteria counts on food preparation areas and physical inspections of food storage areas. Conduct drug screening (Drug of… Read More Here