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Mining giants back eight winning ideas in global Charge On Innovation Challenge to decarbonise mining

May 12, 2022May 12, 2022 admin1 Comment

In the global quest to significantly decarbonise mining operations, eight technology innovators’ submissions have been selected to progress beyond the Charge On Innovation Challenge. The global challenge, launched by BHP, Rio Tinto and Vale sought to accelerate commercialisation of effective solutions for charging large electric haul trucks while simultaneously demonstrating there is an emerging market for these solutions in mining. The eight innovators selected are ABB, Ampcontrol and Tritium (Australia), BluVeinXL, DB Engineering & Consulting with Echion Technologies, Hitachi, Shell Consortium, Siemens Off-board power supply, and 3ME Technology. The Charge… Read More Here

Sama Lukonde reaffirms DRC govt’s determination on the creation of electric battery manufacturing plants at the local level

May 12, 2022May 12, 2022 admin1 Comment

May 11 in Cape Town, South Africa, on the sidelines of the Indaba Mining investing Forum, the Prime Minister, Jean-Michel Sama Lukonde answered questions from the press. The head of the Congolese government combed through all the relevant issues at the center of the Indaba Mining conference. Taking advantage of this opportunity, he reaffirmed loud and clear the determination of the Democratic Republic of Congo to position itself, in Africa, in the production of electric batteries with regard to a large deposit of Lithium available to the Country. is an ongoing… Read More Here

Copper Mining Companies Mining in Zambia

Vedanta agrees to suspend lawsuits over Zambia copper mines

May 12, 2022May 12, 2022 admin

Billionaire Anil Agarwal’s Vedanta Resources Ltd. confirmed it has agreed to suspend legal action to reclaim copper mines Zambia seized three years ago, pending talks to settle the dispute. Konkola Copper Mines was placed under provisional liquidation after the previous Zambian government accused parent company Vedanta of lying about expansion plans and paying too little tax. Vedanta has denied any wrongdoing. The company has said it wants the mines back and has pledged to invest about $1.5 billion to revive the operations. “Vedanta has always been of the view of… Read More Here

Energy

Southern Africa must be pragmatic about a zero-emission future – Miasa

May 11, 2022May 11, 2022 admin

While the Mining Industry Association of Southern Africa (Miasa) supports the just transition to clean energy, the region must ensure it is pragmatic in its approach, says newly elected president Sokwani Chilembo. Chilembo is also the CEO of the Zambia Chamber of Mines. Speaking at an Investing in African Mining Indaba media conference on Wednesday, Chilembo noted that there was a need to ensure the protection of communities’ livelihoods, and that the upscaling of renewable energy had to be “pragmatic” and “carefully considered”. “We must not leave any of our regional… Read More Here

Copper Mining in DRC

Estimated at 1.5 million tonnes, copper production in DRC could reach 2.3 million tonnes by 2024

May 11, 2022May 11, 2022 admin

Copper production in the Democratic Republic of Congo could reach 2.3 million tons per year against production estimated at 1.5 million tons currently. This Projection was delivered by Prime Minister, Jean-Michel Sama Lukonde, on Tuesday May 10, 2022, in Cape Town in South Africa during the International Forum on mines called “Mining Indaba”. The Congolese Head of Government hailed the “positive” development of mining production in the Democratic Republic of Congo over the past few years. Jean-Michel Sama Lukonde noted in particular the increase in copper mining production capacity by… Read More Here

Economy Mining in Zambia

President Hichilema meets Cyril Ramaphosa

May 11, 2022May 11, 2022 admin

President Hakainde Hichilema today held a meeting with his South Africa’s counterpart Cyril Ramaphosa to find common grounds for harnessing development in rich mineral resource countries. President Hichilema also held several private engagements with key stakeholders in the mining and financial sectors to stir investments into the country’s economic growth. Key to this was to woo investments in the mining and supporting sectors such as energy, infrastructure, logistics and manufacturing with an aim of boosting Zambia’s economy. Other key stakeholders that the Head of State met were Stanbic Bank and… Read More Here

Mining in DRC Economy

Sama Lukonde talks economic cooperation with President Cyril Ramaphosa

May 11, 2022May 11, 2022 admin

On the sidelines of the Mining Indaba 2022 Forum, the Prime Minister, Jean-Michel Sama Lukonde, was received in audience, this Tuesday, May 10 in Cape Town, by the South African President, Cyril Ramaphosa. According to the Minister of Communication and Media, Door of the Government of the DRC, it was a question, during these exchanges, of the improvement and strengthening of economic cooperation between the Democratic Republic of Congo and South Africa. South, particularly with regard to the pooling of efforts for the development of value chains in the mining… Read More Here

Copper International

A ton of copper fell to 9,160 USD on Tuesday 11 May against 9,695.85 USD last week

May 11, 2022May 11, 2022 admin

March 2022 has been the most prolific month for the copper market which continues to tumble in the international market. In a downward trend for a few weeks now, the price of copper has fallen again on the international metals market, inform the indicators of London Metal Exchange (LME). On the London Stock Exchange, this product is trading at USD 9,160.00 per ton compared to USD 9,695.85 per ton last week. By comparing these two periods under analysis, it appears that this product recorded a negative price difference of around… Read More Here

Career Energy Events & Expos

Mining Indaba: Africa’s accelerated energy transition should leave no-one behind

May 11, 2022May 11, 2022 admin

As the world pivots towards a green energy transition in the fight against climate change, Africa faces a generational opportunity to create new supply chains drawing upon its ‘Aladdin’s cave’- like endowment of mineral wealth, a keynote panel at the African Mining Indaba heard on Tuesday. The emerging message is that while the transition forces the creation of new industries and value chains, those enrolled in the legacy mining operations such as thermal coal should not be left behind. While it will take the formation of meaningful public-private partnerships… Read More Here

International

Elon Musk says Tesla open to buying a mining company

May 11, 2022May 11, 2022 admin

Tesla is open to buying a mining company if producing its own supply of electric vehicle (EV) metals would speed up worldwide adoption of clean energy technologies, Chief Executive Officer Elon Musk said on Tuesday. Concern is mounting across the EV industry that there may not be enough supply of lithium, nickel, copper and other metals to match demand later this decade, fueling questions about whether Tesla would consider jumping into the mining sector. “It’s not out of the question,” Musk told the FT Future of the Car 2022 conference. “We will address whatever limitations are on… Read More Here