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ZESCO advances green drive - Zambia 1 Energy Mining in Zambia 

ZESCO advances green drive – Zambia

“We are on course to advancing green energy through our Renewable Energy department” said the ZESCO Limited Acting Managing Director Mr. Peter Chamfya. Zambia through the Ministry of Commerce, Trade, and Industry hosted a European Union (EU) – Zambia Inaugural Economic Forum on 18 and 19 May 2022 at Mulungushi International Conference Centre in Lusaka. The Economic forum which was held under the theme “Economic Transformation through Green Growth” was graced by His Excellency the President of the Republic of Zambia, Mr. Hakainde Hichilema, attracted over 400 delegates spanning from 27 member states… Read More Here
Sibanye-Stillwater invests in OptiMine® collision avoidance system (CAS) to enhance safety of workers 2 International Mining technology 

Sibanye-Stillwater invests in OptiMine® collision avoidance system (CAS) to enhance safety of workers

USD$17M investment in OptiMine®next-generation technology to reduce accidents, injuries, and fatalities at Sibanye-Stillwater’s US PGM operations in Montana, US Newtrax and Sibanye-Stillwater have been working together since 2017 on various digitalization projects to improve safety and productivity at its Stillwater PGM underground mining operations in Montana. OptiMine® increases safety and optimized underground mining operations which aligns with Sibanye-Stillwater’s CARES values of commitment to safety, accountability, respect, and sustainability. These values support safe operations, allow growth, underpin business strategy, and promote competitiveness and success. 2022 is the beginning of a new… Read More Here
Angolan Diamonds back on track 3 Diamond 

Angolan Diamonds back on track

Angolan diamonds sparkle again as reforms put production back on track: Six hundred miles east of the Angolan capital Luanda is a small city named Saurimo, whose primary industry has traditionally been agriculture. So, visitors might be surprised to come across a sprawling new development of large buildings, a power station and empty plots of land awaiting new construction on its outskirts. The $77m Saurimo Diamond Development Hub, built on the road toward the large Catoca diamond mine, was inaugurated by President JoãoLourenço last August. It represents the southern African country’s efforts to shake off its troubled past… Read More Here
NORTH-WESTERN CHAMBER OF COMMERCE GEARS UP FOR FQM IMPACT 4 Mining in Zambia Mining technology 

NORTH-WESTERN CHAMBER OF COMMERCE GEARS UP FOR FQM IMPACT

The North-Western Province Chamber of Commerce and Industry (NWPCCI) has welcomed First Quantum Minerals’ US$1.35 billion investment package in two new projects in the province, and says its members are ready to capitalise on the opportunities. The mining firm recently approved plans to invest US$1.25 billion in its expansion of Kansanshi’s operations in Solwezi – known as the ‘S3’ project – and a final US$100 million to start its $250 million Enterprise nickel project in Kalumbila. NWPCCI president Mukumbi Kafuta said the chamber expected the investment would lead to social… Read More Here
Reforming Zambia’s mines needs regional partners, improved domestic operating environment 5 Mining in Zambia 

Reforming Zambia’s mines needs regional partners, improved domestic operating environment

President Hichilema’s call to action for the Zambian and regional mining sector must be followed up with a concerted effort to improve the domestic operating environment and bring along regional partners if it is to succeed. Zambia’s President Hakainde Hichilema – affectionately known as HH – used his speech at the annual African Mining Indaba held in Cape Town in May to sell to the international investment community his vision for the nation’s vital mining sector. The country is well-positioned to capitalise on the global drive for the minerals critical… Read More Here
COGEP recommends Felix Tshisekedi to order IGF to audit SOKIMO and its unproductive partnerships 6 Mining in DRC Mining Companies 

COGEP recommends Felix Tshisekedi to order IGF to audit SOKIMO and its unproductive partnerships

The Coalition for the Governance of Public Enterprises (COGEP) has documented the two partnerships of SOKIMO, namely KIBALI GOLDMINES and PIANETA and has just published its report during this week. According to this organization, SOKIMO has concluded several joint venture contracts with private companies under Congolese law and foreign law. Most of these contracts have been the subject of much controversy as to their real impact on the profitability of SOKIMO and the gain of the Congolese State as sole shareholder. As part of this study, the reflection focused on the… Read More Here
Mining titles sold to Metalkol by Gécamines for 60 million USD caused 2.6 billion USD in losses to the Public Treasury 7 Mining in DRC Mining Companies 

Mining titles sold to Metalkol by Gécamines for 60 million USD caused 2.6 billion USD in losses to the Public Treasury

The Public Treasury of the Democratic Republic of Congo (DRC) recorded losses estimated at 2.630 billion US dollars following transactions around mining titles that the Société Générale des Carrières et des Mines (Gécamines) sold to Metalkol for a amount of 60 million US dollars (USD). In its report entitled “ Gécamines, what does over-the-counter hide? “, the Coalition for the Governance of Public Enterprises (COGEP) notes several irregularities, practices of financial embezzlement, corruption and mismanagement that have characterized the partnership relations between Gécamines and its two private partners within two joint ventures.… Read More Here
Anglo American starts autonomous haulage at Los Bronces copper mine in Chile 8 Cobalt Equipment & Technology Mining technology 

Anglo American starts autonomous haulage at Los Bronces copper mine in Chile

As part of the continuous innovation that Anglo American seeks to achieve its purpose of re-imagining mining to improve people’s lives, the first two autonomous trucks at the Los Bronces copper mine in Chile were launched today – which are converted 290 t Komatsu 930E-4 trucks. This project is part of the site’s modernisation program, which includes the start-up of five Epiroc PV351 autonomous drilling rigs and the inauguration of its Integrated Remote Operation Centre (IROC), which both happened in 2021. The event was held simultaneously at two locations: at… Read More Here
Orica’s 4D bulk explosives tech gains traction in Australia 9 Equipment & Technology Mining technology 

Orica’s 4D bulk explosives tech gains traction in Australia

Having launched its 4D™ bulk explosives technology at MINExpo 2021 in Las Vegas, in September, Orica is now demonstrating the innovation to coal customers on Australia’s East Coast. The 4D bulk system enables the real-time tailoring of explosives energy to geology across a blast, delivering improvements in fragmentation, on-bench productivity and an overall reduction in drill and blast costs, according to Orica. It is designed to enable customers to, the company says, seamlessly match a greater range of explosives energy across a mine’s geology and target specific blast outcomes in real time.… Read More Here
Copper price rebounds as China eases covid restrictions  10 Copper International 

Copper price rebounds as China eases covid restrictions 

Copper prices rose on Thursday, buoyed by easing covid-19 restrictions in China. Shanghai will start allowing more businesses in zero-covid areas to resume normal operations from the start of June, deputy mayor Zhang Wei said as the city prepares for the end of lockdown. “Sentiment had been buoyed by hopes that China is making progress towards an exit from strict lockdowns,” commodity strategists at ANZ said in a note. Copper for delivery in July rose 2.62% from Wednesday’s settlement price, touching $4.28 per pound ($9,433 per tonne) midday Thursday on… Read More Here

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