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Ivanhoe Development of the Congo copper mine ahead of schedule 1 Emeralds Mining in DRC 

Ivanhoe Development of the Congo copper mine ahead of schedule

Copperbelt Katanga News1 Comment
Canada’s Ivanhoe Mines (TSX: IVN) announced that the underground development at its Kakula copper mine in the Democratic Republic of Congo continues to advance ahead of schedule and that initial production is expected in Q3-2021. In a press release, co-chairs Robert Friedland and Yufeng “Miles” Sun said that more than eight kilometers of underground development have been completed, which is 1.7 kilometers ahead of plan. They also said that this month, the mining team is on pace to set a new monthly development record of 1,310 metres of advancement ─… Read More Here
IoT International Mining safety Mining technology 

Improving the safety of miners with IoT

Copperbelt Katanga News
South Africa’s mining deaths have reduced considerably over the past several years. In 2016, the industry recorded only 73 fatalities. Even though that is still 73 too many deaths, it’s the lowest rate since records began and reflect ongoing efforts to improve the health and safety in mining environments. Injury rates are also falling fast. These figures are well ahead of China, where coal mining alone resulted in over 200 fatalities in 2019. But, in contrast, countries such as Canada and Australia have much lower fatality numbers. These are the… Read More Here
Canada’s metals & mining industry sees 5.4% drop in deal activity in January 2 International 

Canada’s metals & mining industry sees 5.4% drop in deal activity in January

Copperbelt Katanga News
  The Canadian metals and mining industries saw a 5.4% decline in total business activity in January 2020 as compared to the 12-month average. This is evident from the GlobalData business database. In January 2020, a total of 35 deals worth $ 43.61 million were announced, compared to the 12-month average of 37 deals. M&A was the volume-leading category of the month with 32 transactions, accounting for 91.4% of all transactions, followed by private equity with three transactions, which accounted for 8.6% of total business in the country’s metal and… Read More Here
Mining companies risk “SDG-washing'' 3 Corporate social responsibility 

Mining companies risk “SDG-washing”

Copperbelt Katanga News
Mining companies risk being perceived as “SDG washing” through their selective reporting on their contributions to the UN Sustainable Development Goals (SDGs). This emerges from a new report by the Responsible Mining Foundation (RMF). According to RMI 2020 report, companies often emphasize in their sustainability reports the positive contributions they make to SDGs, while omitting negative impacts that would hinder progress in achieving these goals. The report assessed a total of 38 major mining companies, which account for 28% of global mining activity. RMF CEO Hélène Piaget said: “The SDGs… Read More Here
Wearable tech in mining: Key trends revealed 4 Mining technology 

Wearable tech in mining: Key trends revealed

Copperbelt Katanga News
  Wearables are evolving into important tools in the expanding IoT landscape, driven by a combination of technological progress, on one hand, and market demand on the other. Some technology experts believe Wearables will be the next big consumer technology, with their impact similar to that of the smartphone.Global Data  expects Wearables technologies to have a significant impact in specific areas such as healthcare, fitness, logistics, fintech, insurance, and defense. Below are some of the leading wearable tech trends in the mining industry, as identified by Global Data. Workforce safety… Read More Here
How cobalt can help produce hydrogen for clean fuel 5 Cobalt Oil & Gas 

How cobalt can help produce hydrogen for clean fuel

Copperbelt Katanga News
  A research team from the Tokyo Institute of Technology created the first visible-light photoanode made of titanium dioxide or TiO2 enhanced with cobalt. The anode is a key element needed to achieve affordable water splitting to produce hydrogen, a clean alternative to fossil fuel. In a paper published in the journal ACS Applied Materials & Interfaces, the researchers explain that photo electrochemical water splitting, the process by which light energy is used to split water molecules into hydrogen and oxygen is a promising approach to obtain pure hydrogen for use as… Read More Here
AngloGold CEO Appointed New Chairman of the World Gold Council 6 International 

AngloGold CEO Appointed New Chairman of the World Gold Council

Copperbelt Katanga News
  The World Gold Council announced on Monday the appointment of Kelvin Dushnisky, CEO of AngloGold Ashanti, as the new chairman. Dushnisky succeeds David Harquail, who has served as Chairman since 2017. Dushnisky has been CEO of AngloGold since September 2018 and was previously President and Director of Barrick Gold. He is also a member of the International Advisory Board of the Shanghai Gold Exchange, the Accenture Global Mining Executive Council, member and chief business adviser of the Institute of Business Advisers in Southern Africa and the Institute of Directors… Read More Here
Gold Global markets Gold 

With gold surging, miners face payouts versus production dilemma

Copperbelt Katanga News
  As gold prices rise, miners have been boosting shareholder payouts in the face of a decline in global output. That’s worrying some investors concerned about the long-term growth prospects of an industry built on a depleting resource. The value of gold, a haven commodity, is driven more by global economics than supply and demand. Any unexpected event — from a surprising cure for coronavirus to a positive trade deal — could drop the value significantly. High prices put more gold scrap on the market, low ones increase hoarding and,… Read More Here
The new world's largest electric vehicle is a 290-ton dump truck that will soon begin testing in Africa 7 Uncategorized 

The new world’s largest electric vehicle is a 290-ton dump truck that will soon begin testing in Africa

Copperbelt Katanga News
  Anglo-American ENGIE, and Williams Advanced Engineering are working together to create the world’s largest electric vehicle: a hydrogen-powered mining truck. Anglo American Anglo American claims the vehicle will be capable of performing just as well, if not better, than its diesel-powered counterparts. The truck will begin testing in a platinum group metals mine in Mogalakwena, South Africa before being used in other locations. Anglo American is in the process of modifying its fleet of mining trucks to make them hydrogen-powered. ENGIE will be supplying the hydrogen technology and Williams… Read More Here
Barrick opposes Sokimo’s sale of interest in Kibali 8 Gold Mining in DRC 

Barrick opposes Sokimo’s sale of interest in Kibali

Copperbelt Katanga News
Barrick Gold  says it will not  approve Société Minière de Kilo-Moto’s (Sokimo) intended sale of its 10% interest in the Kibali gold mine in the Democratic Republic of Congo. The world’s second-largest gold miner’s comments came as Canadian junior AJN Resources said earlier this month that  it had entered into a memorandum of understanding with Sokimo to acquire several of its rights in the DRC. Those included the state miner’s shares in Kibali Goldmines – the owner of Kibali mine. Barrick noted that Sokimo was contractually bound to the company… Read More Here

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