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Metso Outotec to deliver 100th Anode innovation 1 Equipment & Technology Mining technology 

Metso Outotec to deliver 100th Anode innovation

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Finland-based mining technology manufacturer Metso Outotec will deliver its 100th Anode Casting Shop to PT Smelting’s (PTS) copper smelter in Gresik, East Java, Indonesia. Sami Maaniittu, director of Anode Casting at Metso Outotec, described the Gresik project as a milestone and said the system to be delivered to PTS is one of the world’s largest Twin Wheel Anode Casting Shops with a guaranteed capacity of 120 tonnes per hour. “We started the development and testing of automatic anode casting already in 1969 in Harjavalta, Finland,” Maaniittu said. “Before that, castings were… Read More Here
Epiroc to accelerate DRC copper project 2 Mining in DRC Copper Equipment & Technology 

Epiroc to accelerate DRC copper project

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Sweden-based supplier Epiroc has won an order from Kamoa Copper for mining equipment that will be used at a large underground mine in the Democratic Republic of Congo (DRC). The company said Kamoa Copper had ordered Minetruck MT65 haulers, the world’s highest payload underground truck in the field, and Scooptram ST18 loaders and Boomer 282 face drilling rigs but did disclose the quantity. The machines will be used at the Kamoa-Kakula mine, where Epiroc will also provide on-site technical support and operator training. The mine is projected to become one of… Read More Here
President Cyril Ramaphosa to attend Mining Indaba 2022 3 Uncategorized 

President Cyril Ramaphosa to attend Mining Indaba 2022

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The President of South Africa, President Cyril Ramaphosa, is confirmed to attend the 2022 Investing in African Mining Indaba, taking place in Cape Town from 9 – 12 May 2022. The President will deliver a Keynote Address on Tuesday, 10 May. The President’s attendance, along with Minister of Mineral Resources and Energy Gwede Mantashe, signals the continued importance of mining to the South African economy as a cornerstone creator of value through investment, procurement, job creation and community investment, and its contribution to the fiscus. The industry more than proved… Read More Here
2022 MMG First Quarter Production Result 4 Copper Mining in DRC Zinc 

2022 MMG First Quarter Production Result

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MMG Limited (MMG) today released its production result for the first quarter of 2022, delivering 79,058 tonnes of copper and 49,736 tonnes of zinc in the three months to 31 March 2022. MMG Interim CEO, Liangang Li said the Company delivered solid production in the first quarter while working to overcome workforce availability in Australia as a result of COVID-19 restrictions. “Copper production in the first quarter was 2% above the prior corresponding period on the back of higher mill throughput and recovery rates at Las Bambas. Zinc production was… Read More Here
Gemfields achieves record revenue for sold out March/April auction 5 Gemstones Emeralds Mining in Zambia 

Gemfields achieves record revenue for sold out March/April auction

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Gemfields recorded a record $42.3-million in revenue from the sale of emeralds sourced from its Kagem mine in Lufwanyama. This was at auctions of its predominantly commercial-quality rough emeralds held in Jaipur, India, from March 15 to April 1. Of the 32 lots offered – 4.52-million carats in total – all were 100% sold out. Fifty-six companies placed bids and an average price of $9.37/ct was achieved – another record for Kagem’s commercial-quality auctions. Forty such auctions of Kagem-sourced gemstones (emeralds and beryl) hosted by Gemfields since July 2009 have… Read More Here
Benoît Pierre Laramée, bearer of an invitation to Mines Minister for participation in the Mining Africa forum in Canada 6 Mining in DRC Events & Expos 

Benoît Pierre Laramée, bearer of an invitation to Mines Minister for participation in the Mining Africa forum in Canada

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The National Minister in charge of Mines, Antoinette N’SAMBA KALAMBAYI met in the morning of Tuesday, April 19, 2022, with the Ambassador of Canada accredited to the DRC, Benoît Pierre Laramée in his office in Gombe. For the Canadian diplomat, this meeting allowed him to officially present to the Minister the invitation for a speech at the mining forum to be held in Toronto (Canada) in June. At the end of this audience, Benoît Pierre Laramée had words just to enlighten the knights of the pen. “As you know, Canada… Read More Here
TORO™ LH514BE underground loaders and trucks electric. 7 Equipment & Technology Mining technology 

TORO™ LH514BE underground loaders and trucks electric.

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Toro™ LH514BE is a cable-electric loader, now upgraded with cutting-edge battery technology. During normal operation, it works like a traditional cable-powered loader, while also benefitting from a boost that the battery brings. When the loader needs to be moved to another location, the cable can disconnect from the power grid and use battery power only to drive to its new location or to the maintenance bay. Along with not needing a vehicle to tow the loader to a different area, there is no need for refueling or recharging stations because… Read More Here
Gold price drops as stronger dollar, yields weigh on safe havens 8 Gold International 

Gold price drops as stronger dollar, yields weigh on safe havens

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Gold prices fell over 1% on Tuesday as a stronger US dollar and rising Treasury yields overshadowed inflows into the safe-haven metal. Spot gold dropped 1.1% to $1,957.20 per ounce by 12:45 p.m. ET, erasing its gains from the previous session. US gold futures took a 1.4% hit, trading at $1,959.30 per ounce in New York. Meanwhile, the dollar index scaled an over two-year peak, making gold more expensive for overseas buyers. Elevated US Treasury yields amid expectations that the Federal Reserve will tighten its monetary policy also hampered the non-yielding bullion.… Read More Here
Alphamin kicks off potential sale as tin prices surge 9 International Mining in DRC Tin 

Alphamin kicks off potential sale as tin prices surge

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Alphamin Resources Corp., one of the world’s largest tin miners, has kicked off a potential sale of the company as prices of the metal surge, people with knowledge of the matter said.  Canadian-listed Alphamin, which is working with boutique advisory firm Cutfield Freeman & Co., has sent out marketing materials to prospective bidders, the people said. It has asked for initial offers by the end of the month, according to the people, who asked not to be identified because the information is private. Alphamin jumped 16% to C$1.30 a share… Read More Here
World: up, the ton of tin goes from 43,375.00 USD to 44,448.00 USD this week 10 International Tin 

World: up, the ton of tin goes from 43,375.00 USD to 44,448.00 USD this week

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According to projections by experts from the National Commission for Mercurial Prices of the Ministry of Foreign Trade, the price of tin should experience a significant increase on the international market for the period from April 18 to 23, 2022. According to this table of prices of mining export products from the Democratic Republic of Congo (DRC) the ton of tin should trade at 44,448.00 USD this week against 43,375.00 USD the same quantity the week last. Tin thus records a positive price margin of around 1,073 USD during this… Read More Here

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