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Botswana seeks new De Beers diamond sales deal by end of April 1 Diamond 

Botswana seeks new De Beers diamond sales deal by end of April

Copperbelt Katanga News
  Botswana plans to conclude negotiations with De Beers on a diamond sales agreement by the end of April to replace the current ten-year deal that expired in January. The government wants to see more gems cut and polished within the borders of the world’s second-biggest  diamond producer, creating jobs and boosting the state coffers, according to  Lefoko Moagi, the minister of mineral resources, green technology and energy security. An agreement is crucial for both parties. Botswana accounts for more than two-thirds of De Beers’ production, while the country relies… Read More Here
Outotec expands flotation offering 2 Mining technology 

Outotec expands flotation offering

Copperbelt Katanga News
  Outotec has added two new flotation solutions to its product line, the TankCell s-Series flotation units and the CellStation, an intelligent solution for controlling the air feed and pulp level in flotation cells. Outotec Tank Cell s-Series flotation units are standardized units based on Outotec’s proven TankCell e-Series solution. The company says the units provide superior metallurgical performance with a fast return on investment. They are easy to operate, allow a flexible layout, and are designed to enable gains in throughput, grade, and recovery, while improving the sustainability and… Read More Here
Sandvik’s OptiMine to optimize operations at Kemi mine 3 Mining technology 

Sandvik’s OptiMine to optimize operations at Kemi mine

Copperbelt Katanga News
  Outokumpu, a leader in stainless steel manufacturing, has selected Sandvik’s OptiMine digital platform as the underground operations management system to improve productivity at its Kemi chrome mine in Finland. “One of the key elements of digitalization at Kemi mine is improving the situational picture. By visualizing mine operations and conditions in real time, we are enabling well-timed decision making and forecasting,” Martti Sassi, senior vice-president at Outokumpu, said in a press release. “Sandvik OptiMine and Newtrax positioning solutions will have a major role in Kemi mine’s underground operations scheduling,… Read More Here
Caterpillar introduces trolley assist system for Cat electric drive mining trucks        4 Mining technology 

Caterpillar introduces trolley assist system for Cat electric drive mining trucks       

Copperbelt Katanga News
  The new Cat trolley assist system for Cat electric drive mining trucks is now available for mining operations seeking a means to reduce carbon emissions, lower fuel and engine costs, and boost speed-on-grade for greater productivity. The Cat trolley assist retrofit kit is currently available for the 795F AC truck, and the trolley design is compatible with the three other Cat electric-drive mining trucks—794 AC, 796 AC and 798 AC. The commercial introduction of Cat trolley assist comes at the conclusion of a nearly two-year pilot project conducted with… Read More Here
Oxair has developed a solution for inflating truck tires at remote mining sites 5 International Mining technology 

Oxair has developed a solution for inflating truck tires at remote mining sites

Copperbelt Katanga News
Australian company Oxair announced that it has developed a compact nitrogen generator that will help mining companies and other heavy industries operating in remote locations eliminate the need to outsource their nitrogen to fill the tires of their trucks. In a press release, Oxair stated that its facilities offer continuous gas flow from the atmosphere. They also use Pressure Swing Adsorption, or PSA, a membrane technology that uses cheap filtration methods for an on-site nitrogen production. Tires filled with nitrogen are more resistant to hot climates and freezing temperatures at… Read More Here
Ivanhoe’s Friedland rubbishes the ‘fiction’ that mining copper in Chile is safer than Congo       6 Emeralds Mining in DRC 

Ivanhoe’s Friedland rubbishes the ‘fiction’ that mining copper in Chile is safer than Congo      

Copperbelt Katanga News
  BILLIONAIRE mining entrepreneur, Robert Friedland, put the boot into Chile and its established major copper mining groups. Friedland, whose company Ivanhoe Mines is developing major new copper and zinc mines in the Democratic Republic of Congo (DRC), said at the Mining Indaba last week: “It’s absolutely silly to think that Chile is a safer place to mine and should have a three or four per cent discount rate and, somehow, the DRC should have a 12% discount rate. “There’s this fiction that somehow Africa is dangerous and it’s safe… Read More Here
DRC in talks with investors on financing state owned cobalt company 7 Iron Mining in DRC 

DRC in talks with investors on financing state owned cobalt company

Copperbelt Katanga News
  PRIVATE capital could be invited to fund the activities of a planned state company in the Democratic Republic of the Congo (DRC), Reuters said, citing comments from the country’s minister of mines. Bloomberg had last week reported that the Democratic Republic of Congo was interested in establishing a state monopoly that would buy the cobalt produced by the artisanal miners. However, according to a report by Reuters, Minister of mines Willy Kitobo Samsoni would invite investors. “It is easier for us to be funded by the Congolese government,” Samsoni… Read More Here
Glencore Offices Mopani Cobalt International Mining in DRC 

Glencore secures five-year deal to supply cobalt to Samsung SDI

Copperbelt Katanga News
  Glencore has signed a five-year deal to supply battery maker Samsung SDI with up to 21,000 tonnes of cobalt, the miner and trader has said. An expected boom in demand for electric vehicles has pushed battery and car makers to finalize  supply deals for key raw materials such as cobalt. In the previous year, Glencore  agreed to supply cobalt with battery maker SK Innovation, China’s GEM Co Ltd, Umicore and BMW. Glencore produced 46,300 tonnes of cobalt in 2019, up 10% from the previous year  but expects to churn… Read More Here
Peru’s mining sector slowed down in 2019 8 International 

Peru’s mining sector slowed down in 2019

Copperbelt Katanga News
Peru’s mining sector fell by 0.05% in 2019, a report that was shown by the National Institute of Statistics and Informatics shows. According to the government agency, a 0.8% contraction in the metallic mining sub-sector is to blame for the downfall. In the world’s No. 2 copper producer and sixth-largest gold producer, such a drop carries so much weight that the 4.6% growth experienced by the oil and gas sub-sector wasn’t good enough to make up for it. In 2019, Peru produced almost 2.5 million fine metric tons of copper or… Read More Here
Kansanshi Mining in Zambia 

Coronavirus stalled First Quantum’s Zambian stake sale talks

Copperbelt Katanga News
The coronavirus has temporarily derailed talks to sell a minority stake in First Quantum Mineral’s Zambian operations, company executives said. The virus outbreak is preventing face-to-face meetings with potential Chinese buyers, postponing a sale that’s key to the Vancouver-based First Quantum’s $2-billion debt-reduction plan, the copper miner said during its fourth-quarter earnings call. Concerns that the virus outbreak will slow demand in China, the largest consumer of most commodities, have rattled markets around the world. That sent copper prices tumbling, highlighting the need for miners to hedge against volatility. The… Read More Here

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