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How Internet of Things technology reduces operational costs for mines

March 25, 2022March 25, 2022 admin

Industry 4.0 has enabled mining and tunnelling industries to optimise operations beyond what we thought was possible. With a focus on safety and productivity, technology continues to develop and facilitate effective operations, but with these advancements come concerns about change and making new investments. Embracing Internet of Things (IoT) technology not only promises safer and more productive operations, but it also helps to make them more cost-effective. From improved maintenance to making operators’ jobs easier, IoT could save your mining operation money. Service optimisation “Better equipment uptime using analytics and… Read More Here

MMG commits to $600m DRC cobalt expansion

March 25, 2022March 25, 2022 admin1 Comment

Base metals miner MMG has approved a $500-million to $600-million expansion of its Kinsevere operation in the Democratic Republic of Congo (DRC), extending the mine life for at least another 13 years. The Kinsevere expansion project will bring yearly production of copper cathode up to 80 000 t and between 4 000 t and 6 000 6 of cobalt in cobalt hydroxide. Construction will start in 2022 with first cobalt production is expected in 2023. First copper cathode production from the sulphide orebody is expected in 2024 with the mine to continue production of copper cathode from the remaining oxide orebody… Read More Here

Copper Mining in Zambia

Jubilee sees the benefits of its investment in growth projects

March 24, 2022March 24, 2022 admin

Aim- and AltX-traded metals processing company Jubilee says the six months ended December 31, 2021 marked a period of significant investment, with £35-million, or about R750-million, having been invested into its South African and Zambian operations. This lays the foundation for sustained growth at its operations in South Africa, while rapidly nearing the completion of its Southern Copper Refining Strategy in Zambia, which is targeted to deliver more than 10 000 t/y of copper. During the six months under review, Jubilee completed the construction of the now fully integrated Inyoni… Read More Here

Battery Metals International Mining technology

Battery electric mining vehicles can boost efficiencies, sustainability

March 24, 2022March 24, 2022 admin

Battery electric vehicles (BEVs) will play a role in improving health and safety, boosting efficiencies and achieving sustainability goals, including by combining on-mine renewable energy generation with BEVs, says mining equipment company Sandvik Mining and Rock Solutions. “In countries where grid power is unreliable, this strategy also holds the promise of more streamlined and uninterrupted operations,” adds Sandvik Mining and Rock Solutions load and haul business line manager Deon Lambert. The mining industry is searching for sustainability solutions and efficiency gains and BEVs are presenting exciting opportunities, he states. “Sandvik Mining… Read More Here

Cobalt Copper Diamond Mining in DRC Zinc

DRC: here are the production figures in the primary sector in 2020 (BCC report)

March 24, 2022March 24, 2022 admin

The Central Bank of Congo published its annual report for the 2020 financial year this week. This document presents the quintessence of the economic activity of the country and the financial and administrative situation of the Bank as a company. DESKECO relays here the production figures in the primary sector. Indeed, according to the data in this report, in 2020, economic activity in the primary sector grew by 7.1% against 1.7% in 2019. Its contribution to growth was 3.1 points coming from 0.8 points the previous year. This change is mainly due… Read More Here

Equipment & Technology International Mining technology

Sandvik and Boliden launch 3D printing trial

March 24, 2022March 24, 2022 admin

Sweden-based mining companies Sandvik and Boliden have partnered to run a 3D printing trial that will see machine parts printed digitally and installed on underground drill rigs. The companies said the trial involves a set of specially redesigned components printed digitally at a Sandvik-managed facility in Italy. Their performance is monitored on machines in Boliden’s underground mine worksites in Sweden and Ireland. The first components have just been put into operation in the Garpenberg mine, with the performance still to be evaluated. Ronne Hamerslag, head of supply management at Boliden,… Read More Here

Gold International

Gold price moves higher as safe haven demand stays strong

March 24, 2022March 24, 2022 admin

Gold edged higher on Wednesday as inflation risks and the intensifying Ukraine crisis propped up demand for safe havens, although a firmer dollar and high bonds yields placed a cap on bullion’s gains. Spot gold rose 0.5% to $1,932.09 per ounce by 12:20 p.m. ET, continuing to recover from its worst week since June. US gold futures traded 0.4% higher at $1,930.20 per ounce in New York. “You’re seeing a little bit of safe-haven demand and a little perceived bargain hunting at lower price levels in the gold market,” Jim Wyckoff, senior… Read More Here

Copper Mining in Zambia

Barrick sees scope to grow Zambia copper output

March 24, 2022March 24, 2022 admin

Barrick Gold Corp., the world’s second-biggest producer of the precious metal, sees opportunity to grow its copper production in central Africa, especially with a pro-business government having won power in Zambia last year, Chief Executive Officer Mark Bristow said. The company already operates the Lumwana copper mine in northwestern Zambia. It considered selling that operation in 2019 after receiving interest from potential buyers following its merger with Randgold Resources Ltd. and Bristow’s appointment as CEO earlier that year but never followed through. “The Lumwana copper mine in Zambia has been a real… Read More Here

Copper Mining Companies Mining in Zambia

First Quantum Minerals clarifies reports on KCM and Mopani

March 23, 2022March 23, 2022 admin

First Quantum Minerals has reiterated its commitment to invest further in Zambia’s mining sector, but has clarified that it has no plans to acquire Mopani Copper Mines (MCM) nor Konkola Copper Mines (KCM), contrary to media reports. The company has pledged to support government’s drive towards growing the nation’s copper production, and is working towards investing in its S3 expansion project at Kansanshi mine in Solwezi which will increase production output and prolong the life of mine. In addition, preparatory works are also underway for the company’s Enterprise nickel production… Read More Here

Copper Mining in Zambia

Another accident disrupts Zambia’s Mopani Copper Mines

March 23, 2022March 23, 2022 admin

Zambia’s Mopani Copper Mines on Wednesday reported a second fatal accident in three days at the mine, saying a 35-year-old contractor worker died on Tuesday after falling through the roof of a copper concentrate storage shed. Operations at the smelter concentrate shed where the accident occurred have been suspended until further notice, the company said in a statement. Mopani on Monday said it suspended operations at one of its shafts after an accident on Sunday in which one person was killed. Read More Here