Chilombo Mahamba - Copperbelt Katanga Mining

Written by Chilombo Mahamba

Hot Chili accepts a A$14.4 Million Investment from Glencore

September 2, 2021September 2, 2021 Chilombo MahambaInvestment

Hot Chili (HCH:ASX), a leading junior copper developer in Chile, has announced a “strategic” investment by Glencore to acquire 9.99% interest in the company. The agreement is worth A$14.4 million. Glencore will have the right to appoint a Director to the Board of Hot Chili, and the right to appoint members to a Technical Steering Committee to advise on operational matters. It will be granted offtake agreements over 60% of concentrate produced for a period of 8 years from commercial production on arms-length commercially competitive benchmark terms. These rights are… Read More Here

Mining Process

Why BLOCK CAVING is an economically viable option for the mining industry

September 2, 2021September 2, 2021 Chilombo MahambaMining Method

An insight on block caving mining method by David Sprott, Principal and Senior Mining Engineer based in Vancouver, British Columbia. When planning to develop a new mine, or to extend the life of an open pit operation, mine planners have an alternative mining method to consider: block caving. Some deposits are either too deep to economically extract by open pit methods or are of insufficient value to justify other costlier and conventional underground methods. In the right conditions, the advantages of block caving make it an alternative that is now… Read More Here

RESEARCHERS DEVELOP NEW ‘KEY-HOLE’ SURGERY TECHNIQUE

September 2, 2021September 2, 2021 Chilombo Mahamba

A team of international researchers, including Dr Rich Crane from the Camborne School of Mines, University of Exeter, have developed a key-hole surgery which will extract metals, such as copper, from their parent ore body. The research team have provided a proof of concept for the application of an electric field to control the movement of an acid within a low permeability copper-bearing ore deposit to selectively dissolve and recover the metal in situ. This is in contrast to the conventional approach for the mining of such deposits where the material… Read More Here

Equipment & Technology International Mining technology

Komatsu Forms Alliance with Mining Companies in an Approach to Sustainable Mining

September 1, 2021September 1, 2021 Chilombo Mahamba

Komatsu has announced a collaborative customer alliance to advance zero-emission equipment solutions. It is being called the Komatsu Greenhouse Gas (GHG) Alliance. The founding members of the alliance are Rio Tinto, BHP, Codelco and Boliden. BHP will provide engineering and technical resources to Komatsu to support the development phase as required. These activities will provide BHP with real-time access to technology in development, with Komatsu drawing upon BHP’s mining expertise to accelerate its path to market. Additionally, BHP and Komatsu will collaborate through the BHP FutureFit Academy to develop the… Read More Here