Zinc - Copperbelt Katanga Mining

As of May 25, 2022, a tonne of cobalt is trading at USD 74,645.00 on the international market 1

The cobalt market has not registered any significant advances for nearly a week in the international market. To date, a tonne of cobalt is trading at 74,645.00 USD on the London Stock Exchange against 74,670.00 USD for the week, representing a slight drop in price of around 25 USD. Two weeks ago, a ton of cobalt was sold at 81,485.00 USD on the international metal market. As one of the producing and exporting countries of this raw material, the Democratic Republic of Congo (DRC) keeps an eye on the development… Read More Here

Cobalt Copper Mining in DRC Zinc

copper down to USD 9,201 per ton but still maintains a profitable price level

May 24, 2022May 24, 2022 admin

The trend is downward in the prices of mining export products from the Democratic Republic of Congo during this week from May 23 to 28, 2022, according to projections by the National Mercurial Commission of the Ministry of Foreign Trade. The only product on the rise this week is tantalum which is trading at 391.25 USD per Kg against 390.00 USD per Kg last week, generating a positive price difference of 1.25 USD. Copper therefore shows a downward trend on the market this week at 9,201.70 USD per tonne against… Read More Here

Cobalt Copper Mining in DRC Tin Zinc

copper, tin, zinc and cobalt at a rate of poor performance this week

May 18, 2022May 18, 2022 admin

The main mining products exported from the Democratic Republic of Congo should suffer a poor performance this week on the international market. According to experts from the National Mercurial Commission of the Ministry of Foreign Trade, the general trend of these products for the period from May 16 to 21 is bearish. If this National Mercurial Commission notes, however, that only cobalt should experience a price increase on this market, selling around 87,781.06 USD per tonne this week against 81,485.00 USD per tonne last week, the prices displayed on the… Read More Here

Copper Cobalt Gold Mining in DRC Zinc

With the exception of tantalum, all other main DRC export minerals are trending down this week from May 2-7, 2022

May 2, 2022May 2, 2022 admin

The general trend of the main mineral export products of the Democratic Republic of the Congo is downward for the main mineral exports of the Democratic Republic of the Congo, according to projections by the National Mercurial Commission of the Ministry of Foreign Trade. Only tantalum is showing an uptrend this week. It is trading on the international market at 390 USD per Kg against 386.60 USD per Kg last week, i.e. a price increase of 3.4 USD. Copper is down this week at 10,047.05 USD per tonne against 10,284.55 USD… Read More Here

Copper Mining in DRC Zinc

2022 MMG First Quarter Production Result

April 20, 2022April 20, 2022 admin

MMG Limited (MMG) today released its production result for the first quarter of 2022, delivering 79,058 tonnes of copper and 49,736 tonnes of zinc in the three months to 31 March 2022. MMG Interim CEO, Liangang Li said the Company delivered solid production in the first quarter while working to overcome workforce availability in Australia as a result of COVID-19 restrictions. “Copper production in the first quarter was 2% above the prior corresponding period on the back of higher mill throughput and recovery rates at Las Bambas. Zinc production was… Read More Here

Copper Cobalt Mining in DRC Zinc

Market: copper down slightly but its price remains very profitable at 10,331 USD per ton

April 11, 2022April 11, 2022 admin

The DRC’s mining export products continue to record an upturn in prices on the international market in this week from April 11 to 16, 2022, inform the projections of the National Commission of Mercurial Prices of the Ministry of Foreign Trade. Although showing a slight drop of barely 1 US dollar, copper remains very profitable on the market. It is trading at 10,331.95 USD per ton this week against 10,332.95 USD per ton last week. Cobalt also experienced a drop this week and sold at 81,579.00 USD per ton against 82,067.00… Read More Here

Mining in DRC Coltan Copper Tin Zinc

Market: the main mining products continue to improve on the market this week, zinc at more than 42,600 USD per tonne

April 5, 2022April 5, 2022 admin

This week from April 4 to 9, 2022, the main mining export products of the DRC remain in good shape, according to projections by experts from the National Mercurial Commission of the Ministry of Foreign Trade. Copper still on the rise at 10,332 USD per tonne against 10,247 USD per tonne last week, resulting in a price difference of 85.45 USD. Cobalt is also up this week at 82,067 USD per tonne against 81,619 USD per tonne last week, a price difference of 448 USD. Zinc is also trading higher… Read More Here

Cobalt Copper Diamond Mining in DRC Zinc

DRC: here are the production figures in the primary sector in 2020 (BCC report)

March 24, 2022March 24, 2022 admin

The Central Bank of Congo published its annual report for the 2020 financial year this week. This document presents the quintessence of the economic activity of the country and the financial and administrative situation of the Bank as a company. DESKECO relays here the production figures in the primary sector. Indeed, according to the data in this report, in 2020, economic activity in the primary sector grew by 7.1% against 1.7% in 2019. Its contribution to growth was 3.1 points coming from 0.8 points the previous year. This change is mainly due… Read More Here

Copper Mining in DRC Zinc

Market: copper at more than 10,000 USD per tonne this week internationally

February 21, 2022February 21, 2022 admin

The prices of the main mining export products of the Democratic Republic of Congo are showing a general upward trend this week from February 21 to 26, 2022, according to projections by experts from the National Mercurial Commission of the Ministry of Foreign Trade. Copper is trading this week at USD 10,000.06 per tonne compared to USD 9,825.80 per tonne last week, giving a positive price differential of USD 180.3. Zinc is also trending higher this week at USD 3,657.30 per tonne versus USD 3,631.95 per tonne the previous week,… Read More Here

Copper Gold International Nickel Zinc

Glencore’s output falls amid COVID Challenges

February 3, 2022February 3, 2022 admin

Switzerland-based mining company Glencore saw the production of most of its minerals fall year-on-year (YoY) in 2021 as the COVID-19 pandemic continued to affect operations. The company saw falls in copper, zinc, lead, nickel, gold and silver production. The most significant drop was in lead, which declined by 14% YoY to 222,000 tonnes, followed by gold, which fell by 12% YoY to 809,000 tonnes. However, the miner did see an increase in ferrochrome production output, which jumped by 43% to 1.46 million tonnes, and coal-coking, which rose by 20% to 9,100 tonnes. Despite… Read More Here