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How mining can affect food security in Africa

November 9, 2020November 9, 2020 admin

In 1996 the World Food Summit came up with a definition for ‘food security’, namely that it is achieved “at the individual, household, national, regional and global levels, when all people, at all times, have physical and economic access to sufficient, safe and nutritious food to meet their dietary needs and food preferences for an active and healthy life“. Although the definition doesn’t take into account some important criteria like ‘food sovereignty’ (the right of people to choose their own agricultural and food systems) and ‘food self-sufficiency’, it is nevertheless… Read More Here

Gold International

The future for gold – is it brighter than ever?

November 9, 2020November 9, 2020 admin

The price of gold is soaring to new levels despite, or perhaps because of, the woes befalling the global economy, and pundits predict it will go higher yet, smashing all sorts of previous records. Will it, and just what makes this particular metal so special? Where Does Most Of The World’s Gold Currently End Up? It’s a funny thing but – our first primary use for gold was turning it into expensive trinkets like jewellery, iconography, and burial adornments. By 3000 BC we were beginning to use it for trading,… Read More Here

International Mining technology

Miners should embrace technological change – report

November 9, 2020November 9, 2020 admin

Multinational company Honeywell International published a whitepaper presenting a series of arguments as to why it is important for miners to avoid resisting technological change. In the firm’s view, digital technologies can make mines smarter, more sustainable, more efficient in terms of operating costs and safer. The latter is a point of particular importance as, according to Honeywell, tech solutions can help eliminate fatalities and injuries by enabling remote monitoring, process and worker safety and allowing for autonomy by moving the worker away from hazardous locations. The whitepaper states that, despite the… Read More Here

Equipment & Technology

Canada govt, Québec invest in electric truck project

November 6, 2020November 7, 2020 admin

The Canadian federal government and the province of Québec have confirmed they will invest C$3.6 million (US$2.7 million) into an electric truck project organised by Propulsion Québec, an industrial cluster for electric and smart transportation. The investment could help in eliminating the use of more than 80,000 litres of diesel fuel that is used every year on each mining truck in the country. The funds will be used for the design and development of an electric propulsion system to be added on a 40-tonne mining truck prototype – an adapted Western Star 6900XD. … Read More Here

Rare Earth Metals

Tanzania finalising permit for its first rare-earth metals mine

November 6, 2020November 6, 2020 admin

Tanzania is in the final stages of approving a permit for the country’s first rare earths mine to Australian company Peak Resources as the government seeks a bigger share of revenue from natural resources. The State is also finalising a gold-mining license for another Australian company, OreCorp at the Nyanzaga project in the northwest of the country, according to Mining Minister Doto Biteko. The East African nation is Africa’s fourth-biggest producer of the precious metal and plans to increase mineral earnings by at least a third during the next three years. It also has vast deposits of coal, rare-earth metals, iron ore and gemstones. “The… Read More Here

Gold International

Gold price retreats as US voting stretches on

November 6, 2020November 6, 2020 admin

Gold erased gains from the previous session after latest voting tallies from the US presidential election showed a tight race, which left investors scrambling to parse the shifting odds. Spot gold fell 0.4% to $1,900.73 per ounce by 11:30 a.m. ET Wednesday. US gold futures also declined 0.4% to $1,901.70 per ounce With millions of ballots still to be counted, Donald Trump claimed early Wednesday he had won re-election and said he would ask the Supreme Court to intervene. Earlier, Joe Biden said he was “on track to win this election.” While his chances of… Read More Here

Events & Expos International

Africa Mining Forum hosts Ministerial Forum on 19 Nov

November 6, 2020November 9, 2020 admin

A Ministerial Forum with top government representatives from DRC, Rwanda, Botswana and Lesotho during the upcoming Africa Mining Forum Digital Event in November, will give an in-depth view of how the mining sectors in these regions have fared under COVID conditions. The session will be broadcast on 19 November from 09:00-10:30 GMT and will feature the following esteemed guests: –Hon. Francis Gatare, CEO, Rwanda Mines, Petroleum and Gas Board, Rwanda– Hon. Lefoko M. Moagi, Minister, Ministry of Mineral Resources, Green Technology and Energy Security, Botswana– Hon. Serialize Qoo, Minister, Ministry of Mining,… Read More Here

Mining Personality

Barrick Gold make a new appointment to its board

November 6, 2020November 6, 2020 admin

Anne Kabagambe is now the new independent director of Barrick Gold. The former executive director of the World Bank and has been welcomed as a new addition to the board were she will be representing the interests of 22 Sub-Saharan African countries. These include Tanzania and Zambia, where Barrick has gold and copper operations. Kabagambe served the World Bank Group from 2016 to 2020. While at the World Bank, she sat on the Development Effectiveness Committee, the Budget Committee and the Pension Benefits Committee. She also co-chaired the World Bank… Read More Here

Mining in Zambia

North-West railway line construction smells start- Zambia

November 6, 2020November 6, 2020 admin

CONSTRUCTION of the long-awaited US$1.2 billion North-West railway line will start soon. Implementation of the project is expected to unlock immense economic potential of the Lobito corridor in Angola, Zambia and Democratic Republic of Congo. In 2016, the company did a railway line demonstration unit in Chingola and the project was expected to get underway in January 2017 but delayed due to some challenges. North-West Railway Limited chairman Enoch Kavindele said Government has 30 percent shareholding through provision of land on which the railwayline will be constructed. “We have advertised… Read More Here

Gemstones Mining in Zambia

Jewel of Africa sets eyes on more gems

November 5, 2020November 5, 2020 admin

largest jeweller, Jewel of Africa, has embarked on an ambitious programme that will enable it to accelerate the gemstone value chain. The concept, dubbed ‘mine to you’, will enable the company to accelerate the mining of precious stones, jewellery manufacturing and retailing of the jewellery, thus helping to increase revenue earned from exports of finished products. Zambia is rich in gemstones, which include emerald, amethyst, aquamarine, citrine, garnet, morganite, tourmaline, turquoise, ruby and sapphire, but their contribution to the treasury is negligible because they are exported in raw form through… Read More Here