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Congo says Angola tailings pollution kills 12, to seek compensation 1 Mining in DRC Mining safety 

Congo says Angola tailings pollution kills 12, to seek compensation

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The Democratic Republic of Congo will seek compensation from the owners of an Angolan diamond mine after a tailings dam leak polluted drinking water, causing 12 deaths and making thousands of people ill, the country’s environment minister said on Thursday. The late-July leak from Angola’s biggest diamond mine turned a tributary of the Congo River red following a rupture in a spillway for the mine’s tailings dam, which stores mining industry waste meant to stay undisturbed. Researchers at Kinshasha University last month pointed to “huge pollution” that affected some two-million people, killed fish… Read More Here
Vedanta ready to reopen dialogue,commits to reinvesting US $1.5bn in Zambia 2 Mining in Zambia Copper 

Vedanta ready to reopen dialogue,commits to reinvesting US $1.5bn in Zambia

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VEDANTA Resources Limited has committed to reinvesting US $1.5 billion (about K24 billion) in Konkola Copper Mines (KCM). In its latest statement dated September 1, 2021, Vedanta said the reinvestment would go towards operations and supporting community projects, among others. “Vedanta Resources remains committed to re-investing $1.5bn into KCM, supporting the community projects & local suppliers. This investment will go into continuing to operate the integrated asset, leading to a significant improvement in business and stability in jobs for employees which will positively impact the lives of many Zambians,” Vedanta… Read More Here
Barrick Confirms Per Share Distribution Amount for the Second $250 Million Return of Capital Tranche 3 Mining Companies 

Barrick Confirms Per Share Distribution Amount for the Second $250 Million Return of Capital Tranche

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Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today confirmed that the per share amount of the second $250 million tranche of a return of capital distribution totalling $750 million to be paid on September 15, 2021, will be $0.1405092, based on the number of issued and outstanding shares as of the August 31, 2021 record date. This follows the approval by shareholders at Barrick’s Annual and Special Meeting on May 4, 2021 of the total $750 million return of capital distribution. The first distribution of $250 million was made in June 2021 and… Read More Here
Soaring EV demand keeps driving lithium price 4 Battery Metals Lithium 

Soaring EV demand keeps driving lithium price

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A boom in demand for electric vehicles (EVs) as countries including China work to reduce carbon emissions keeps boosting the lithium price. The average price for lithium carbonate reached $16,500 a tonne in August (hydroxide ex-works China mid-August), according to Benchmark Mineral Intelligence, up from $6,124 a tonne last December. EV sales jumped in the first half of 2021, despite components shortage, pandemic-forced production interruptions, and longer-term weakness in the overall market, The Hindu reported. Nearly 2.6 million electric cars were sold, a 160% jump compared to H1 2020. EV sales in China… Read More Here
Vale launches self-driving trucks at its largest mine 5 Equipment & Technology International Mining technology 

Vale launches self-driving trucks at its largest mine

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Brazilian miner Vale SA said on Thursday it had begun using self-driving trucks for the first time at its Carajas complex, its largest iron ore mining operation, as it continues to expand its use of the driverless technology. Vale expects to boost productivity and safety by using the trucks to haul iron ore, said Pedro Bemfica, the executive heading the autonomous technology program. The miner’s six self-driving vehicles at Carajas are nearly twice as tall and more than three times as wide as a conventional trucks and capable of holding 320 tonnes… Read More Here
Sandvik launches 15-t Toro LHD 6 Equipment & Technology International Mining technology 

Sandvik launches 15-t Toro LHD

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Sandvik Mining and Rock Solutions is launching a new, higher capacity 15-tonne size class loader as a next generation model for the current 14-tonne Sandvik LH514. The 15-tonne Toro LH515i has one tonne greater capacity than its predecessor, yet it is designed to operate within the same footprint. This new member of the Toro family has been redesigned from the ground up, leveraging all the benefits of its predecessor, while improving the design based on customer feedback. The new loader has been designed following the principles of intelligence and simplicity.… Read More Here
Top finance role at BME for Nadia Statham 7 Mining Personality 

Top finance role at BME for Nadia Statham

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Nadia Statham has been appointed Financial Director of blasting and explosives company BME, a member of the JSE-listed Omnia Group. Joining BME in 2017 as Head of Commercial, Statham progressed to the position of General Manager Commercial in 2019 – becoming a member of the Executive Committee and playing a key role in customer and contract negotiations. “Despite the disruptions of the Covid-19 pandemic, this is an exciting time to be serving the mining sector,” she said. “Minerals remain vital to global growth, and I am looking forward to helping… Read More Here
DRC: 14 NGOs welcome the transparency initiative in the mining reserves of the Gécamines - TFM partnership 8 Mining in DRC Mining Companies 

DRC: 14 NGOs welcome the transparency initiative in the mining reserves of the Gécamines – TFM partnership

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A collective of 14 civil society NGOs working in the natural resources sector approves the decision of the Congolese State relating to the establishment of an ad hoc Commission within the Office of the Head of State whose mission is to clarify the data relating to mineral resources and mineral reserves in the partnership between Gécamines and TFM. In a correspondence addressed to the Director of the Cabinet of the Head of State Félix-Antoine Tshisekedi, they formulate some recommendations. Indeed, these civil society organizations working in the natural resources sector… Read More Here
Cobalt to trade at $ 51,186.00 per tonne this week 9 Cobalt International 

Cobalt to trade at $ 51,186.00 per tonne this week

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The price per tonne of Cobalt is expected to fall on the international market in the first week of September 2021. In its report of August 30, 2021, the National Mercurial Commission of the Ministry of Foreign Trade informs that the main export mining products of the Democratic Republic of Congo (DRC) show a downward trend from August 30 to September 4, 2021. Cobalt is expected to drop from $ 52,205.00 to $ 51,186.00 per tonne this first week of September 2021. As a result, there is a negative price… Read More Here
More than 850,000 tonnes of copper sold in first half of 2021- DRC 10 Cobalt Copper Mining in DRC 

More than 850,000 tonnes of copper sold in first half of 2021- DRC

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The Democratic Republic of Congo (DRC) sold 871,956 tonnes of copper and 44,654 tonnes of cobalt in the first half of 2021, according to statistics provided by the services of the Ministry of Mines. This biannual production places the country in a position to beat its own record of 1.6 million tonnes of copper produced in 2020, thus maintaining its position as a continental leader. According to the source, copper and cobalt production for the first half of 2021 represents an increase of 10 and 15% year-on-year, respectively. So the DRC… Read More Here

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