You are here

Written by 

Kinross enters into agreement with Komatsu on zero emissions mining truck development 1 Equipment & Technology Mining technology 

Kinross enters into agreement with Komatsu on zero emissions mining truck development

admin
Canada-headquartered Kinross Gold Corporation recently announced details of its Climate Change Strategy and greenhouse gas (GHG) reduction action plan, which includes the company’s commitment to working towards the goals of the 2015 Paris Agreement. To tackle Scope 1 emissions, it includes entering into an agreement with Komatsu to take an active role in the development of a Zero Emission Haulage Solution, which will target the development of zero-emission haul trucks. Kinross is a major global gold mining company (production of 2.07 Moz in 2021 expected to rise to 2.65 Moz… Read More Here
Gold price swings as Ukraine crisis sharpens market divide 2 Gold International 

Gold price swings as Ukraine crisis sharpens market divide

admin
The crisis over Ukraine pushed gold to a one-year peak last week before a sharp reversal, and the price volatility widened a gulf between bulls and bears of the precious metal that has been growing for months. In one camp, banks such as Goldman Sachs see gold setting new highs as it becomes the “currency of last resort” in a time of high inflation and global uncertainty. In the other, the likes of UBS, who say rising interest rates across the globe will diminish the luster of an asset that produces no income… Read More Here
Haut-Katanga: Afrewatch calls on Chinese company to repair damage by toxic smoke and wastewater from its mining activities 6 Mining in DRC Environment Social Governance (ESG) Mining Chemicals 

Haut-Katanga: Afrewatch calls on Chinese company to repair damage by toxic smoke and wastewater from its mining activities

admin
The African Natural Resources Observatory (Afrewatch), a non-governmental organization for the promotion and protection of human rights, working for the responsible exploitation of natural resources, called, this Friday, February 25, during a press conference, in Lubumbashi, the mining company Congo DONGFANG (CDM) to repair the damage caused to three districts of the annexed commune. These are, according to this civil society NGO, the impacts resulting from the wastewater discharged from the factory of this mining company and the toxic smoke in these three districts, namely Kamisepe, Kasapa and Kamatete, located… Read More Here
South Kivu: four artisanal diggers died of asphyxiation in a mining square in Misisi 7 Mining in DRC 

South Kivu: four artisanal diggers died of asphyxiation in a mining square in Misisi

admin
Four artisanal diggers lost their lives last Saturday in a gold mining pit located in the mining square of Misisi, a locality in the Ngandja sector, in the territory of Fizi. According to local sources, these diggers died of asphyxiation. The bodies were pulled from the basement.  “Four artisanal miners lost their lives due to lack of oxygen following the sudden stoppage of the engine that supplied air to the well. This Sunday the bodies were pulled from the well and buried after authorization from the local authorities”, indicates Munga Norbert, the deputy… Read More Here
Gold climbs as traders weigh war, sanctions against rate hike 8 Gold International 

Gold climbs as traders weigh war, sanctions against rate hike

admin
Gold advanced, with investors remaining on edge as they assessed the impact of Russia’s invasion of Ukraine and Western sanctions, against the imminent monetary policy tightening in the US. Bullion fell a day earlier after surging to the highest in more than 17 months as traders digested weaker-than-expected sanctions on Russia following the country’s attack on its neighbor. Gold’s rally could have a lot further to go if a resulting commodity price spike leads to concerns of a material slowdown in growth in developed markets, according to Goldman Sachs Group. President Joe… Read More Here
World: against the backdrop of tensions between Russians and Ukrainians, the barrel of crude oil climbs to 104.80 USD on the international market 9 Oil & Gas International 

World: against the backdrop of tensions between Russians and Ukrainians, the barrel of crude oil climbs to 104.80 USD on the international market

admin
The price of crude oil has gained momentum on the international market, in a context marked by rising tensions between Ukraine and Russia. The barrel, the brent (type of crude oil used as a standard in the fixing of the price) of crude oil, exceeded the symbolic bar of 100 USD to settle at 104.80 USD on February 24, 2022. A record that it you have to look back 8 years, in 2014. In this year 2014, in a context of imposition and tightening of international sanctions against Tehran and… Read More Here
Nickel price reaches its highest level in a decade at 25,000 USD per ton 10 Nickel International 

Nickel price reaches its highest level in a decade at 25,000 USD per ton

admin
Nickel hit $25,000 a tonne for the first time since 2011, extending a rally driven by dwindling global inventories and fears that tensions in Ukraine could disrupt supplies from the main Russian producer. The metal, used in stainless steel and rechargeable batteries, rose 3.2% to $25,135 a tonne. It is the best performer on the London Metal Exchange this year, climbing amid a flurry of forecasts that supply will lag behind rapidly growing demand from the electric vehicle industry.  Commodity investors were weighing the potential damage of sanctions on Russia after… Read More Here
Here is the List of 50 Minerals essential to the American economy and its national security, the DRC hosts several of these products 11 Mining in DRC International 

Here is the List of 50 Minerals essential to the American economy and its national security, the DRC hosts several of these products

admin
The United States Geological Survey has released a new list of 50 mineral commodities critical to the US economy and national security after extensive evaluation by multiple agencies. The  2022 list of critical minerals was determined using the latest scientific methods to assess the criticality of minerals. The new list contains 15 more products than the first National Critical Minerals List created in 2018. platinum as individual entries rather than including them as “mineral groups.” Additionally, the 2022 list of critical minerals adds nickel and zinc to the list while removing helium, potash, rhenium,… Read More Here

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

Copperbelt Katanga Mining will use the information you provide on this form to be in touch with you and to provide updates and marketing.