Category: Uncategorized

The national deputy Raymond Tchedya, elected from the electoral district of Djugu in the province of Ituri, pleaded for a fair distribution of the fees paid by Kibali Gold Mines to SOKIMO. This parliamentarian suggests that out of the total sum of 17 million US dollars paid to the Kilomoto Mining Company (SOKIMO) as a dividend by Kibali Gold Mines, at least 7 million dollars should be oriented for the social welfare of SOKIMO staff. This position of Raymond Tchedya is also shared by some elected officials from the provinces… Read More Here

Spiking gasoline prices have increased Americans’ monthly bills to fuel popular pickups and SUVs by hundreds of dollars, leading more consumers to kick the tires on electric vehicles. There’s just one problem: there aren’t many such wheels to boot. Electric vehicles are in short supply in showrooms that have struggled to rebuild inventory of vehicles for more than a year, largely due to the global chip shortage. As of late last month, there were fewer than 2,200 Ford Mustang Mach-Es available in the U.S., according to Cox Automotive. Volkswagen AG… Read More Here

With the exception of copper, all other export products from the Democratic Republic of the Congo are on the rise this week from March 7 to 12, 2022, according to projections by experts from the Commission Nationale des Mercuriales, structures of the Ministry of Commerce. outside. Cobalt is trending higher this week and is trading at USD 75,521.25 per tonne versus USD 75,300.75 per tonne last week, a positive price differential of USD 220.5. Zinc is also up at 3,735.20 USD per tonne against 3,625.95 USD per tonne, giving a… Read More Here

Requisition Number: J4508| Country: Zambia | Contract Type: Fixed Term| Location: Solwezi | Category: Administration Apply now At First Quantum, we free the talent of our people by taking a very different approach which is underpinned by a very different, very definite culture – the “First Quantum Way”. Working with us is not like working anywhere else, which is why we recruit people who will take a bolder, smarter approach to spot opportunities, solve problems and deliver results. Our culture is all about encouraging you to think independently and to challenge convention to deliver the best result. That’s… Read More Here

First Quantum Minerals Ltd. (“First Quantum” or the “Company”) (TSX: FM) will release fourth quarter and year-end 2021 financial and operating results on Tuesday, February 15, 2022 after the close of the Toronto Stock Exchange. The Company will host a conference call and webcast to discuss the results on Wednesday, February 16 at 9:00 am (ET). Read More Here

Category: Maintenance| Requisition number: 094661| Location: Lumwana Mine, Kalumbila Zambia. | Report:  Shift Supervisor-Shovels Apply now Position: Heavy Duty Mechanic Lumwana Mine, Kalumbila, Zambia. Reporting to: Shift Supervisor – Shovels Lumwana Mining Company Limited (LMC), a copper mining company owned by Barrick Gold Corporation is situated in the North Western region of Zambia, some 300 km west of the Zambian Copperbelt and 95 km south west of the provincial capital of Solwezi. The mine is a multi-pit, multi staged operation mining approximately 100MT of ore and waste per annum and producing copper concentrates containing an average… Read More Here

Barrick Gold Corp and Rio Tinto Group have expressed interest in Nigeria’s largely untapped mining sector, according to the West African nation’s mining minister. “They are looking at the possibility of coming to look at opportunities in Nigeria,” Olamilekan Adegbite said in an interview at a mining conference in Saudi Arabia’s capital, Riyadh. Africa’s biggest crude producer is hoping investors will follow the example of Thor Explorations, which has built the country’s first industrial gold project, as it seeks to cut its dependence on oil earnings. Vancouver-based Thor poured first gold from… Read More Here

Diversified major BHP will make a $90-million investment into private firm Kabanga Nickel to accelerate the development of the Kabanga nickel project, in Tanzania. Kabanga Nickel on Monday announced an initial $40-million investment by the miner, which will convert into an 8.9% equity stake in Kabanga Nickel once approvals and conditions are met. Once invested and on conversion the second tranche of $50-million will increase BHP’s equity stake in Kabanga Nickel to 17.8%, thereby valuing the project at $658-million. On satisfaction of additional conditions, BHP will secure the right to… Read More Here

Zimbabwe’s miners are losing 20% of their export proceeds due to a widening gap between the official and black market currency exchange rate, an industry report showed on Wednesday. The Zimbabwe dollar is trading at 93 to the dollar on the official market, but is quoted as low as 180 against the greenback on a thriving black market. A survey commissioned by Zimbabwe’s mining chamber found that mining companies were losing money due to the exchange rate mismatch. Exporters from Zimbabwe are required to surrender 40% of their foreign currency earnings to the central bank, in… Read More Here