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Category: Zinc

copper, tin, zinc and cobalt at a rate of poor performance this week 1 Cobalt Copper Mining in DRC Tin Zinc 

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

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

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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
2022 MMG First Quarter Production Result 3 Copper Mining in DRC Zinc 

2022 MMG First Quarter Production Result

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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
Market: copper down slightly but its price remains very profitable at 10,331 USD per ton 4 Copper Cobalt Mining in DRC Zinc 

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

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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
Market: the main mining products continue to improve on the market this week, zinc at more than 42,600 USD per tonne 5 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

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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
DRC: here are the production figures in the primary sector in 2020 (BCC report) 6 Cobalt Copper Diamond Mining in DRC Zinc 

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

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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
Market: copper at more than 10,000 USD per tonne this week internationally 7 Copper Mining in DRC Zinc 

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

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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
Glencore's output falls amid COVID Challenges 8 Copper Gold International Nickel Zinc 

Glencore’s output falls amid COVID Challenges

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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
DRC: copper, zinc, gold and silver on the rise in the market during this week from January 10 to 15, 2022 9 Copper Gold Mining in DRC Zinc 

DRC: copper, zinc, gold and silver on the rise in the market during this week from January 10 to 15, 2022

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The main export minerals from the Democratic Republic of the Congo are on the rise on the international market during this week from January 10 to 15, 2022, according to projections by experts from the National Mercurial Commission, a department of the Ministry of Foreign Trade. . Copper is trading this week at $ 9,706.40 per tonne versus $ 9,600.50 last week, a positive price spread of $ 105.9. Zinc is also up to $ 3,624.40 per tonne from $ 351.65 last week, showing a positive price differential of $… Read More Here
Market: Cobalt jumps to over 63,000 USD per tonne this week from December 6 to 11, 2021 10 Cobalt Copper Gold Mining in DRC Zinc 

Market: Cobalt jumps to over 63,000 USD per tonne this week from December 6 to 11, 2021

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The market for merchant mining products for export from the Democratic Republic of the Congo is improving this week from December 6 to December 11, 2021, according to projections by experts from the National Mercurial Commission of the Ministry of Foreign Trade, which is piloted by the Minister Jean-Lucien Bussa. Cobalt remains higher and is trading this week around $ 63,145.00 per tonne versus $ 61,232.85 per tonne last week, showing a positive price differential of $ 1,912.15. Copper is also trending upward to $ 9,752.00 per tonne versus $… Read More Here

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