Zambia’s copper output increases amid foreign debt default 1 Copper Mining in Zambia 

Zambia’s copper output increases amid foreign debt default

Zambia, Africa’s second-largest copper miner, produced 646,111 tonnes of the metal in the first nine months of 2020, up from 590,321 tonnes in the same period last year, official figures show. The country’s mines and minerals ministry attributed the 9.45% rise to increased mine output. He said the Central African nation now expects total production for the year to reach 820,000 tonnes, driven by rising copper prices. This comes as good news to Zambia, which missed a $42.5 million interest payment on part of its international debt last week, becoming… Read More Here
Vedanta wins Zambian appeal in Konkola Copper Mines case 2 Copper Mining in Zambia 

Vedanta wins Zambian appeal in Konkola Copper Mines case

A Zambian court on Friday ordered a stay on liquidation proceedings for Konkola Copper Mines (KCM) to allow owners Vedanta and ZCCM-IH to proceed to arbitration, the provisional liquidator said in a statement. The ruling by the Court of Appeal represents a significant win for Vedanta, which is seeking the removal of the liquidator appointed by state mining investment firm ZCCM-IH – which owns 20% of KCM on the government’s behalf – to run the company. The India-based group has been locked in a dispute with the Zambian government since May last year, when… Read More Here
MAINTENANCE COORDINATOR-REAGENTS,TAILINGS & SERVICES | MINING CAREER AT FQM, KANSANSHI, SOLWEZI, ZAMBIA 3 Mining Careers Mining in Zambia 

MAINTENANCE COORDINATOR-REAGENTS,TAILINGS & SERVICES | MINING CAREER AT FQM, KANSANSHI, SOLWEZI, ZAMBIA

Requisition Number: JR1251| Country: Zambia | Contract Type: On-going| Location: Solwezi | Categories: Engineering Apply now Purpose of the role: The position of Maintenance Co-ordinator is to maximize plant availability through coordination of operation personnel to ensure all engineering activities go on in a professional manner. This role is responsible for maintaining operational integrity of the plant and equipment in order to achieve production targets. Key Duties and Responsibilities: Give clear direction, control and supervise the mechanical supervisors to ensure safe and profitable work environment for all. Be a self-starter and able to work autonomously and as part… Read More Here
COORDINATOR,PRIMARY CRUSHING | MINING CAREER AT FQM, KANSANSHI, SOLWEZI, ZAMBIA 4 Mining Careers Mining in Zambia 

COORDINATOR,PRIMARY CRUSHING | MINING CAREER AT FQM, KANSANSHI, SOLWEZI, ZAMBIA

Requisition Number: JR484 | Country: Zambia | Contract Type: On-going| Location: Solwezi | Categories: Engineering Apply now Purpose of the role: The position of Maintenance Co-ordinator is to maximise plant availability through coordination of operation personnel to ensure all Engineering activities go on in a professional manner. This role is responsible for maintaining operational integrity of the plant and equipment in order to achieve production targets. Key Duties and Responsibilities: Give clear direction, control and supervise the mechanical supervisors to ensure safe and profitable work environment for all. Be a self-starter and able to work autonomously and as… Read More Here
Zambia's mining assets won't be taken by bondholders – mines minister 5 Mining in Zambia 

Zambia’s mining assets won’t be taken by bondholders – mines minister

 Zambia doesn’t expect its mining assets to be taken away by bondholders and has no plans to sell its shares in mining companies despite defaulting on part of its debt last week, Mines Minister Richard Musukwa said on Thursday. Zambia hopes to “strike a win-win situation” with bondholders, Musukwa said after Africa’s no.2 copper producer failed to pay the $42.5-million coupon on its Eurobond debt last Friday. Zambia’s mining assets have been in the spotlight as the country’s financial situation deteriorated this year and the pandemic prompted mining giant Glencore to shutter… Read More Here
SUPERVISOR, INTERNAL AUDIT | MINING CAREER AT FQM, KANSANSHI, SOLWEZI, ZAMBIA 6 Mining Careers Mining in Zambia 

SUPERVISOR, INTERNAL AUDIT | MINING CAREER AT FQM, KANSANSHI, SOLWEZI, ZAMBIA

Requisition Number: JR1278| Country: Zambia | Contract Type: On-going| Location: Solwezi | Categories: Finance Apply now Purpose of the role: Responsible for planning and execution of operational and financial audits as identified in the Internal Audit Annual Plan and assist the Manager Internal Audit and Risk and Internal Audit Superintendent in the direction of the department. The incumbent will also be responsible for reviewing business operations of the whole FQM group, helping to drive improvements in economy, effectiveness and efficiency, promoting awareness of business risk, examine business processes to highlight any areas where it appears FQM could improve,… Read More Here
COORDINATOR, OCCUPATION HEALTH | MINING CAREER AT FQM, KANSANSHI, SOLWEZI, ZAMBIA 7 Mining Careers Mining in Zambia 

COORDINATOR, OCCUPATION HEALTH | MINING CAREER AT FQM, KANSANSHI, SOLWEZI, ZAMBIA

Requisition Number: JR1186 | Country: Zambia | Contract Type: On-going| Location: Solwezi | Categories: Health & Safety Apply now The key focus of this role is to manage the occupational health program and medical surveillance program at both Kansanshi and Sentinel Mine sites. It involves working closely with the contracted occupational health services provider, wellness professionals, treating medical staff and stakeholders on the mine site (Industrial hygiene, HR and HODs) to ensure fitness to work, limiting occupational disease and to support the timely return to normal work. This position is the point of contact between the medical service… Read More Here
ARTISAN FITTER | MINING CAREER AT FQM, KANSANSHI, SOLWEZI, ZAMBIA 8 Mining Careers Mining in Zambia 

ARTISAN FITTER | MINING CAREER AT FQM, KANSANSHI, SOLWEZI, ZAMBIA

Requisition Number: JR1165 | Country: Zambia | Contract Type: On-going| Location: Solwezi | Categories: EngineeringApply now Purpose of the role: The position of the fitter is to maximize plant availability through, maintaining the operational integrity of the plant & equipment in order to achieve production targets. Reporting directly to the Maintenance Supervisor – Overhead & Portal Cranes, you shall be responsible for the maintenance of cranes. Key Duties and Responsibilities: Perform all plant maintenance tasks in a safe, timely and to a high quality and preventing any rework. Be a self-starter and able to work with both autonomously… Read More Here
Zambia's copper production rose 9.45% this year, mines minister says 9 Copper Mining in Zambia 

Zambia’s copper production rose 9.45% this year, mines minister says

Zambia produced 646,111 tonnes of copper between January and September 2020, up from 590,321 tonnes in the same period last year, Mines Minister Richard Musukwa said on Thursday, attributing the 9.45% rise to increased mine output. Africa’s no.2 copper producer, Zambia defaulted last Friday after failing to pay the $42.5 million coupon on its Eurobond debt. Read More Here
Zambia could win its bid to buy the Mopani Copper Mine stake from Glencore 10 Mining in Zambia Copper 

Zambia could win its bid to buy the Mopani Copper Mine stake from Glencore

Glencore has been locked in a bitter dispute with the other owners of the mine its plan to mothball Mopani’s operations. However, lots of questions remain as it remains unclear how the cash-strapped government, which last week defaulted on a Eurobond interest payment, would finance any deal. (Zambia state-owned ZCCM Investments Holdings is trying to acquire. ZCCM-IH currently has 10% of Mopani, with Glencore holding 73.1% and Vancouver-based First Quantum Minerals Ltd. 16.9%.) Glencore has assigned a value of $704 million to the operations. This would go some way to recoup impairments of… Read More Here

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