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Anglo American class action lawsuit rages on

October 25, 2022October 25, 2022 admin

A class action lawsuit targeting mining giant Anglo American over alleged health problems caused by lead mines in central Zambia will hear who can participate in the case in November. The legal challenge filed in South Africa accuses the British-listed mining company of effectively poisoning villages in Kabwe, north of the capital Lusaka. “The way in which the mining operations were conducted in such close proximity to residents has resulted in huge levels of contamination of the soil,” says Richard Meeran, solicitor for Leigh Day in London, adding that this… Read More Here

Events & Expos

Electra Mining Botswana will not be going ahead in 2023

October 25, 2022October 25, 2022 admin

Specialised Exhibitions, a division of the Montgomery Group, has announced that Electra Mining Botswana will not be going ahead in 2023. A strategic review of the local Botswana mining and industrial show and the broader vision that Specialised Exhibitions has for the expansion of Electra Mining Africa has led the organisers to this decision. “We recognise and value the tremendous levels of support that Electra Mining Botswana has received from local stakeholders over the years. The show has provided a platform where buyers and suppliers of products can meet and… Read More Here

Equipment & Technology Mining technology

Epiroc improves Mobilaris Tunneling Intelligence

October 25, 2022October 25, 2022 admin

Epiroc’s newly enhanced Mobilaris Tunneling Intelligence integrates planning data, work progress data, and asset- and person-tracking into one decision support system for tunnel sites. With the latest upgrade, it is now easier than ever to achieve higher positioning accuracy without having to expand the network’s infrastructure. “Every tunnelling project is unique and consists of equipment from various vendors and generations. Mobilaris Tunneling Intelligence is a technology-agnostic decision support system that sets a new standard for tunneling by integrating data from different technologies into one system.” This technology-agnostic decision support system… Read More Here

Gemstones

Gemfields resumes Mozambique operations after nearby attack

October 24, 2022October 24, 2022 admin

Precious stone miner Gemfields Group has resumed operations at its mine in Mozambique’s Cabo Delgado province, it said on Monday, after halting production last week when an attack was reported at a nearby facility. An Islamic State-linked insurgency in the northern Cabo Delgado province has claimed thousands of lives since 2017, disrupting multibillion-dollar natural gas and mining projects. Gemfields halted operations and evacuated non-security staff and contractors on Thursday after an attack attributed to insurgents was reported 12 km (7.46 miles) southeast of its Montepuez ruby mine in Cabo Delgado province. “Key… Read More Here

Copper International

Copper price down as China’s yuan falls to lowest since 2008

October 24, 2022October 24, 2022 admin

Copper prices fell on Monday as investors worried about the pace of economic growth in China and the yuan fell to its weakest versus the dollar since 2008, making dollar-priced commodities costlier for Chinese buyers. Data showed China’s economy rebounded faster than anticipated in the third quarter but the outlook is clouded by covid-19 control measures, a property slump, and weakening growth elsewhere in the world Meanwhile, Xi Jinping’s newly unveiled leadership team heightened fears that economic growth will be sacrificed for ideology-driven policies. Copper for delivery in December fell… Read More Here

Gold International

Barrick to expand East African footprint following positive results at North Mara, Bulyanhulu gold mines

October 24, 2022October 24, 2022 admin

Barrick Gold’s (NYSE: GOLD) (TSX: ABX) president and chief executive Mark Bristow announced on Saturday that the company plans to expand its East African footprint using the North Mara and Bulyanhulu gold mines in Tanzania as a foundation for this endeavour. Back in September 2019, Barrick inherited what Bristow called these “moribund mines” when it re-acquired Acacia Mining. After some rebuilding work, the mines breathed new life and are now set to achieve a combined production in excess of 500,000 ounces for the second year running, thus becoming tier-one assets. North Mara hit a… Read More Here

Equipment & Technology Mining technology

How to identify and address conveyor belt idler issues

October 21, 2022October 21, 2022 admin

On any belt conveyor system that moves bulk materials, the belt must run straight and true to maximize its life, minimize fugitive material and safety hazards, and achieve high system efficiency. There can be many consequences of a mis-tracking belt, but all result in higher costs and increased maintenance. Even a slight belt misalignment can lead to a variety of issues, from small annoyances to full-blown catastrophes. The most obvious effects include spillage and dust that require personnel to do clean-up, which is unproductive work that introduces risks from activities… Read More Here

Mining in DRC Governance

DRC improves extractive sector transparency but more needed – anti-graft body

October 21, 2022October 21, 2022 admin

The Democratic Republic of Congo (DRC) has made progress in implementing transparency in its extractive mining sector but needs to do more in publishing contracts and revenues from the sector, a global anti-corruption body said. The Extractive Industries Transparency Initiative (EITI), which sets a global standard for good governance in oil, gas and mineral resources, said the DRC has achieved a high overall score in the implementation of the 2019 EITI Standards. The standards include good governance, clear legal framework and fiscal regimes, and publishing of contracts and revenues. President Felix Tshisekedi has promised to tackle corruption… Read More Here

Rare Earth Minerals International

Namibia, EU reach provisional deal on rare earth minerals

October 21, 2022October 21, 2022 admin

Namibia has provisionally agreed on a deal with the European Union to sell its rare earth minerals, critical to the renewable energy sectors, mines and energy minister Tom Alweendo said on Thursday. EU and Namibian officials told Reuters in July they were planning a deal on hydrogen and minerals as the bloc works to reduce its dependence on Russian energy. “In principal we have agreed on conditions, whatever the materials, we are going to process them here,” Alweendo said about the approaches being taken to ensure the southern African country reaps… Read More Here

Gemstones International

Gemfields halts Mozambique operations after attack at nearby ruby mine

October 21, 2022October 21, 2022 admin

Precious gem miner Gemfields Group has stopped operations at its Montepuez ruby mine in Mozambique’s Cabo Delgado province after an attack was reported at a nearby facility, it said on Thursday. “This morning, an attack attributed to insurgent activity has been reported at the neighbouring ruby mine belonging to Gemrock, which lies about 12 km south-east of the operations… in which Gemfields holds a 75% interest,” Gemfields said in a statement. Mozambique’s northern Cabo Delgado province has seen an Islamic State-linked insurgency that has claimed thousands of lives since it broke out in 2017, disrupting multibillion-dollar natural gas and mining projects. Gemfields said it… Read More Here