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Weir preparing to trial proprietary ore sorting tech by the end of 2022 1 International Technology & Innovation 

Weir preparing to trial proprietary ore sorting tech by the end of 2022

arnbethnic
In the Weir Group Capital Markets Event presentation last week, Chris Carpenter revealed that the company was collaborating within its divisions on trials of ore sorting technology in an effort to move less rock at mine sites and optimise processing within the plant. Carpenter, Vice President of Technology at Weir ESCO, said the company was combining Motion Metrics’ particle size distribution (PSD) capability with ore characterisation technology to explore “in-pit sorting” opportunities for its clients. “Looking further out, we believe ore characterisation and in-pit ore sorting has the potential to… Read More Here
Caterpillar Successfully Demonstrates First Battery Electric Large Mining Truck and Invests in Sustainable Proving Ground 2 Equipment & Technology Battery Metals Technology & Innovation 

Caterpillar Successfully Demonstrates First Battery Electric Large Mining Truck and Invests in Sustainable Proving Ground

arnbethnic
Caterpillar Inc. (NYSE: CAT) announced  a successful demonstration of its first battery electric 793 large mining truck and a significant investment to transform its Arizona-based proving ground into a sustainable testing and validation hub of the future.  Caterpillar completed development of its first battery electric 793 prototype with support from key mining customers participating in Caterpillar’s Early Learner program. Participants of the program with definitive electrification agreements include BHP, Freeport-McMoRan, Newmont Corporation, Rio Tinto and Teck Resources Limited. “Our global team came together to develop this battery truck at an accelerated… Read More Here
CONGOLESE TOWN TO ‘DISAPPEAR’ TO GIVE WAY FOR COBALT MINES 3 Mining in DRC Cobalt Environment Social Governance (ESG) 

CONGOLESE TOWN TO ‘DISAPPEAR’ TO GIVE WAY FOR COBALT MINES

arnbethnic
Houses in the Gecamine district of the DRC on the edge of the abyss of the Chinese mining company COMMUS, downtown Kolwezi. Once a thriving neighborhood of neat houses and tree-shaded avenues, this district of the city of Kolwezi is now nearly destroyed.  “We are finished,” said Alphonse Fwamba Mutombo, standing on a rubble overlooking an open-cast cobalt mine in Kolwezi, south eastern DR Congo. His had once been a thriving neighborhood of neat houses and tree-shaded avenues. Today, the wreckage of demolished houses, separated from the sprawling pit by… Read More Here
Indonesia proposes to Canada setting up OPEC-like group for nickel 4 Nickel International 

Indonesia proposes to Canada setting up OPEC-like group for nickel

arnbethnic
Indonesia has proposed in talks with Canada establishing an OPEC-like organisation for nickel producing countries, the Southeast Asian nation’s investment ministry said in a statement on Wednesday. Indonesia and Canada are the first and sixth biggest nickel producers in the world, respectively. The proposal was made when Indonesian Investment Minister Bahlil Lahadalia met Canada’s International Trade Minister Mary Ng on Tuesday on the sideline of the G20 summit in Bali. The minister raised the prospect of trying to “coordinate and integrate nickel policy” like the Organization of the Petroleum Exporting… Read More Here
Electric truck stops will need as much power as a small town 5 International 

Electric truck stops will need as much power as a small town

arnbethnic
Next month, Tesla plans to deliver the first of its electric Semi trucks that are able to haul a full 40 ton-load some 500 miles on a single charge. These massive batteries-on-wheels may accelerate the transition to electrified transport, but those responsible for delivering the power are starting to ask: Are we ready for this? Probably not, according to a sweeping new study of highway charging requirements conducted by utility company National Grid. Researchers found that by 2030, electrifying a typical highway gas station will require as much power as a professional… Read More Here
TDB, syndicated banks join hands with Trafigura to develop DRC mines 6 Copper Mining in DRC New Mining Projects 

TDB, syndicated banks join hands with Trafigura to develop DRC mines

arnbethnic
The Eastern and Southern African Trade and Development Bank (TDB), acting as mandated lead arranger, has closed a syndicated $600-million copper and cobalt development financing facility with commodity trading company Trafigura to advance responsible copper and cobalt mining in the Democratic Republic of Congo (DRC). This follows after Trafigura concluded an initial $600-million financing agreement with Chemaf Resources and Chemaf SA, a leading vertically integrated copper and cobalt producer in the DRC. Trafigura subsequently invited other financial institutions to patriciate in a secondary syndicated transaction, with TDB as the lead arranger. The facility will contribute substantial economic value and social impact for… Read More Here
The DRC mining industry produced 1.9 million tonnes of copper at the end of October 2022 7 Copper Mining in DRC 

The DRC mining industry produced 1.9 million tonnes of copper at the end of October 2022

arnbethnic
Mining companies in the Democratic Republic of Congo produced a volume of 1 million 966,957 tonnes of copper during the first 10 months of this year 2022 against 1 million 443,061 tonnes in the same period in 2021, i.e. an increase in production more of 500 tonnes of copper, according to data provided by the Central Bank of Congo in its Summary of statistical information for the month of November 2022. Recall that over the whole of 2021, the Democratic Republic of the Congo had produced a total of 1… Read More Here
CONSTRUCTIONS SKILLS BUILD LINKS TO LOCAL OPPORTUNITIES IN NWP 8 Mining in Zambia Environment Social Governance (ESG) 

CONSTRUCTIONS SKILLS BUILD LINKS TO LOCAL OPPORTUNITIES IN NWP

arnbethnic
KALUMBILA, ZAMBIA – Local people have graduated with skills in construction and carpentry that will help them gain business in the expanding mining town of Kalumbila.The training programme organised by FQM Trident is the latest move by the mine to help provide local people with the ability to offer competitive services to the mine and surrounding businesses in the area.FQM Trident’s support towards bridging the skills gap of local people through such interventions by its Trident Foundation has also drawn praise from government representatives.Speaking during a graduation ceremony of 30 local… Read More Here
Mining equipment, suppressing the fire risks 9 Equipment & Technology International Mining Equipment Technology & Innovation 

Mining equipment, suppressing the fire risks

arnbethnic
Due to the nature of the mining industry, heavy mining equipment – for underground and overground operations – often operates for long hours to meet tight work schedules. As they operate in high-risk environments – experiencing high levels of dust, prolonged vibrations, and extended use – risk of overheating is much greater, which can influence fire risk. Fredrik Rosén, business manager, Dafo Vehicle Fire Protection, explores the risks associated with heavy equipment at mines, especially as technology evolves, and explains how to address these effectively to minimise downtime and maximise… Read More Here
Moody's has raised the rating of the DRC 10 Economy Governance 

Moody’s has raised the rating of the DRC

arnbethnic
The financial rating agency Moody’s Investors Service on Friday raised the DRC’s rating from Caa1 to B3, outlook stable. The decision explains, the agency, is explained by the strengthening of the economic and budgetary prospects of the country favored by the institutional improvements supported by the program of the International Monetary Fund since July 2021. To this is added the good health of foreign exchange reserves. . “At the same time, the national ceilings in local currency (LC) and in foreign currency (FC) of the DRC have been raised to B2… Read More Here

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