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Anglo names first female CEO at top African iron ore miner 1 Mining Personality 

Anglo names first female CEO at top African iron ore miner

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Anglo American Plc appointed a female chief executive officer to run its South African iron ore business for the first time as the mining giant reshuffles its top bulk commodities management. Mpumi Zikalala, currently managing director of De Beers managed operations, will take over as CEO of Kumba Iron Ore Ltd. on Jan. 1, Anglo said Tuesday in a statement. She will replace Themba Mkhwanazi, who will take over as head of bulk commodities from Seamus French, who is leaving the company.  The changes come as mining remains male-dominated, despite… Read More Here
From minerals to beer, Congo finance minister hunts for cash 2 Cobalt Copper Mining in DRC 

From minerals to beer, Congo finance minister hunts for cash

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The Democratic Republic of Congo is intent on revisiting mining contracts, rescinding and reselling unused oil permits and boosting taxes on beer to fund its development plans, according to Nicolas Kazadi, the country’s finance minister.   A country the size of Western Europe with 80 million inhabitants, Congo had a budget of just $4 billion last year and poverty is rampant, despite its vast riches of copper, cobalt and other natural resources. The government needs more money to meet President Felix Tshisekedi’s pledges to provide free education and expand access… Read More Here
World's largest miners including Glencore and Barrick Gold commit to net zero carbon emissions by 2050 3 Mining Companies Mining technology 

World’s largest miners including Glencore and Barrick Gold commit to net zero carbon emissions by 2050

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The world’s largest miners pledged on Tuesday to a goal of zero direct and indirect net carbon emissions by 2050 or earlier, the International Council on Mining and Metals (ICMM) said. “The collective commitment of ICMM members to net zero (direct) and two (indirect) greenhouse gas emissions by 2050 is a pivotal moment in our history,” said the CEO Rohitesh Dhawan in an open letter signed by the 28 heads of the world’s largest miners. The announcement comes ahead of next month’s United Nations climate meeting that aims to implement… Read More Here
Fortescue Metals to eliminate scope 3 emissions by 2040 4 Mining technology International 

Fortescue Metals to eliminate scope 3 emissions by 2040

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Fortescue Metals Group (ASX: FMG), the world’s fourth largest iron ore producer, became on Tuesday the first major miner to commit to achieving net zero scope 3 emissions, those produced by its customers including steel makers, by 2040.  The Australian miner put its closest rivals BHP, Rio Tinto and Vale to shame earlier this year after announcing it had brought forward a self-imposed deadline of reaching net zero scope 1 and 2 emissions to 2030. That’s about two decades earlier than the other three iron or producers.  Fortescue is seeking to move from being a major consumer of fossil fuel, with a current trajectory of more… Read More Here
Metso Outotec wins Canadian cobalt refinery contract 5 Mining Supply Tenders International Mining technology 

Metso Outotec wins Canadian cobalt refinery contract

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Canada’s First Cobalt has awarded a contract to mineral processing and metal refining solutions company Metso Outotec for the design and manufacturing of solvent extraction cells, as well as technical support for the layout of a new solvent extraction plant and its process control. The solvent extraction contract is the biggest and most important equipment package for the refinery, which First Cobalt is in the process of restarting to supply cobalt sulphate for electric vehicles (EVs). First Cobalt said it had received several tenders from global vendors and Metso Outotec… Read More Here
Sandvik completes DWFritz Automation acquisition 6 International Mining technology 

Sandvik completes DWFritz Automation acquisition

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Sweden-based mining solutions provider Sandvik has completed the acquisition of metrology and automation company DWFritz Automation, a company that designs, builds and supports engineer-to-order metrology solutions and automation systems. The company struck the original agreement in July 2021 to expand its metrology offering and improve its high-speed, high-volume, non-contact inspection and assembly automation portfolio. The company did disclose the financial details of the deal. The agreement follows a series of similar acquisitions in 2021 and 2020 designed to diversify its offerings and improve its market presence across the mining industry. In August 2021, it… Read More Here
BHP Discussing Congo Copper Deal in Shift of Strategy 7 Copper Mining in DRC 

BHP Discussing Congo Copper Deal in Shift of Strategy

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BHP Group is in talks about buying into a copper project in the Democratic Republic of the Congo, marking a dramatic departure from the world’s biggest mining company’s policy of shunning risky jurisdictions. The Melbourne-based miner is in early discussions with billionaire Robert Friedland’s Ivanhoe Mines Ltd. to buy into Western Foreland, a huge exploration territory that neighbors Ivanhoe’s Kamoa-Kakula mine, according to people familiar with the matter, who asked not to be identified as the talks are private. There’s no guarantee BHP will agree a deal with Ivanhoe, and other mining companies are also interested… Read More Here
Caterpillar introduces first mobile generator to help customers meet EU Stage V emission standards and enhance sustainability profiles 8 Equipment & Technology Mining technology 

Caterpillar introduces first mobile generator to help customers meet EU Stage V emission standards and enhance sustainability profiles

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Caterpillar Inc. today announced the new 200 kVA Cat XQP200 mobile generator set, the company’s first mobile power solution meeting European Union (EU) Stage V emission standards for engines used in non-road mobile machinery. Available through the global Cat dealer network, the Cat XQP200 generator set is the first in a series of EU Stage V mobile generator sets to be introduced by Caterpillar. Since the legislation for mobile generator sets skipped Stage IIIB and IV, Caterpillar engineers delivered a significant leap in technology with a fully integrated solution optimized… Read More Here
China's CMOC eyes solar and hydro for Congo copper/cobalt expansion 9 Copper Cobalt Energy Mining in DRC 

China’s CMOC eyes solar and hydro for Congo copper/cobalt expansion

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China Molybdenum Co (CMOC) is looking to tap more hydropower projects and potentially use solar energy as it expands its production of copper and cobalt in Democratic Republic of Congo, its vice-chairperson said. Steele Li, who is also chief investment officer at CMOC , said the company was committed to hydropower through the supply arrangement it inherited when it bought a majority stake in the giant Tenke Fungurume mine in Congo in 2016. “We continue that commitment but in the meantime we are exploring to participate in other new hydropower… Read More Here
ABB develops trolly-truck system for mining 10 Equipment & Technology International Mining technology 

ABB develops trolly-truck system for mining

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ABB has entered into a collaboration with Epiroc and Boliden, a mining equipment manufacturer and mining company from Sweden. The trio is working to develop and demonstrate a trolley truck system on a test track at the Kristineberg mine in northern Sweden. The system will be based on Epiroc’s zero-emission mine transport vehicle Minetruck MT42 Battery and installed at Boliden’s Kristineberg mine. The vehicle will be equipped with a current collector and connected to an overhead line system. ABB says it will be primarily responsible for the design of the… Read More Here

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