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DRC mining poised for new era of compliance- SRK

April 13, 2022April 13, 2022 admin

Improving global economic conditions – alongside growing sustainability demands – are set to inject a revived energy and much lively discussion into this year’s DRC Mining Week. According to SRK Consulting DRC country manager Susa Maleba, the mining landscape in the Democratic Republic of Congo (DRC) is buoyant, stimulating both exploration and mine expansions. At the same time, there is growing pressure on mining companies in the country to align operations with local regulations and global customer expectations. “The international scramble for battery minerals is providing exciting opportunities for economic… Read More Here

Battery Metals International

Electric vehicle growth outpaces installation of battery chargers

April 13, 2022April 13, 2022 admin

As electric vehicle sales take off, the number of those EVs on the road is growing faster than the number of public charging points to support them. That’s one of the high-level conclusions from an in-depth study on the state of public charging infrastructure that my BNEF colleague Ryan Fisher published recently. The number of EVs on the road per public charging point globally rose to 9.2 at the end of last year, from 7.4 at the end of 2020. That’s not surprising. Last year was a breakout year for plug-in vehicle… Read More Here

Electricity Mining technology

Epiroc signs MoU to speed up electrification

April 13, 2022April 13, 2022 admin

Sweden-based mining equipment manufacturer Epiroc has signed a memorandum of understanding (MoU) with BluVein, a joint venture between Australian mine operator Olitek and Swedish electric highways developer Evias, to fast-track the development of electrification in mines. Epiroc said it would collaborate with BluVein to develop and test the viability of their patented slotted electric rail system. The system uses an enclosed electrified e-rail system mounted above or beside the mining vehicle and the BluVein hammer that connects the electric vehicle to the rail. The system provides power for driving the vehicle,… Read More Here

Equipment & Technology International Mining technology

Metso Outotec rolls out digital platform

April 13, 2022April 13, 2022 admin

Finland-based mining equipment manufacturer Metso Outotec has successfully rolled out its new digital platform – the Field Service Management Solution (FSM) – to approximately 1,000 service professionals. The company said the FSM helps it deliver high-quality service to customers while improving efficiency in its internal operations. The FSM unifies and simplifies the way field service operations are planned, dispatched and executed, the company said. For customers, it offers a more uniform experience through the digital connection. During a site visit, information about ongoing actions is shared reliably and in real-time.… Read More Here

Copper International Mining in Zambia

FQM RANKED 6TH LARGEST COPPER PRODUCER IN THE WORLD

April 13, 2022April 14, 2022 admin

First Quantum Minerals (FQM), which operates the Kansanshi and Sentinel mines in North-Western Province, has been ranked the sixth largest copper producer in the world. The ranking by mining commodities data provider Kitco underscores the mining giant’s continued expansion of its operations in Zambia and globally despite subdued growth in the sector and supply chain disruptions coupled with freight-related constraints in 2021, in part induced by the COVID-19 pandemic. The world’s largest copper producer, Codelco of Chile, produced some 1.7 million tonnes in 2021, while First Quantum produced 816,000 tonnes.… Read More Here

Copper Cobalt International

Uganda seeks investors to revive copper mine

April 13, 2022April 13, 2022 admin

Uganda said on Tuesday it was inviting expressions of interest from investors to restart a vast copper mine in the country’s west that also holds significant cobalt deposits. The Kilembe mine, which sits on the foothills of the ice-capped Rwenzori mountains on the border with Democratic Republic of the Congo, is estimated by government geologists to contain about four-million tonnes of ore that is 1.98% copper and 0.17% cobalt. “We have invited companies to express their interest in partnering with the government through a mineral production sharing agreement,” Uganda’s finance and… Read More Here

Exploration Gold International

South Africa sets $900 million annual mineral exploration target

April 13, 2022April 13, 2022 admin

South Africa, home to the world’s biggest deposits of a number of minerals, has set an annual target of attracting $900 million of mining exploration expenditure annually by 2025. The target, equivalent to 5% of the annual spend on exploration globally, is expected to kick start a mining industry, that while among the world’s biggest, has stagnated in recent years. The exploration strategy made public Tuesday by the Department of Minerals and Energy, aims to take advantage of South Africa’s comparatively advanced infrastructure and mining expertise. It also plans to shrug off… Read More Here

Cobalt International

Glencore to supply cobalt to GM in multi-year deal

April 13, 2022April 13, 2022 admin

Miner and commodities trader Glencore (LON: GLEN) has inked a multi-year agreement with General Motors (NYSE: GM) to provide the automaker with cobalt from its Murrin Murrin operation in Australia. The US car producer has committed to making all-electric vehicles by the end of the decade, setting the goal of having 30 new EVs models, equivalent to 1 million electric cars, in the market by 2025. “Climate change is real, and we want to be part of the solution by putting everyone in an electric vehicle,” chair and chief executive officer Mary Barra said… Read More Here

Equipment & Technology Mining technology

Metso Outotec to develop electric Lokotrack range

April 13, 2022April 13, 2022 admin

Finnish mining equipment maker Metso Outotec plans to develop a range of track-mounted crushers and screens under the existing Lokotrack name that will feature electric drives. The electric Lokotrack range will be built on a platform that Metso Outotec has been developing since 2020, with a total R&D investment of €20 million (US$21.7 million), said the company. Metso Outotec is currently entering the design phase of the first new products as the platform concept has now been developed, it said. “The next generation Lokotrack range will address the needs of… Read More Here

Battery Metals International Lithium

Tesla may start mining lithium as Musk cites battery metal cost

April 12, 2022April 12, 2022 admin

Nearly two years after Tesla Inc. outlined a plan to dig for lithium, its chief Elon Musk signaled that the electric car giant might start doing so, due to skyrocketing cost of the metal key to battery technology. Price of lithium has gone to insane levels! Tesla might actually have to get into the mining & refining directly at scale, unless costs improve. There is no shortage of the element itself, as lithium is almost everywhere on Earth, but pace of extraction/refinement is slow.— Elon Musk (@elonmusk) April 8, 2022 Lithium has joined… Read More Here