You are here

Written by 

Caterpillar Buys Brothers’ Innovative Screed Inventions, Oxclaw and Bullox 1 International Mining Equipment Technology & Innovation 

Caterpillar Buys Brothers’ Innovative Screed Inventions, Oxclaw and Bullox

Constance
Two inventions that some believe will be the most significant innovations for the asphalt screed in almost a century will be available through Caterpillar, thanks to two brothers who run a family-owned paving business in Wyoming. Stuart and Michael Frost have been on asphalt paving crews since they were kids and have owned highway paving company Mountain Construction in Powell for more than 20 years. They had always dreamed of a better screed – one that would achieve higher mat density and enable easier and faster plate changes. After much… Read More Here
Gold Climbs this week to 58.89 USD per Gram 2 Gold Mining in DRC 

Gold Climbs this week to 58.89 USD per Gram

Constance
The general trend of mining products exported from the Democratic Republic of Congo (DRC) is downward for the period from March 6 to 11, 2023 on the international market. According to the projections of the experts of the National Commission of Mercuriales of the Ministry of Foreign Trade, gold and tantalum are the two Congolese products which should register a price increase this week. During this period, gold is expected to trade at $58.89 per gram versus $56.16 per gram last week, a positive price difference of around $2.73. For… Read More Here
congo cobalt ore Cobalt Mining in DRC 

 Cobalt Continues to Tumble This week

Constance
Projected upward in 2023 by metallurgy experts for its crucial role in the fight against climate change, the price of cobalt is only plummeting on international markets. According to projections made by experts from the National Commission of Mercurials of the Ministry of Foreign Trade of the Democratic Republic of Congo, cobalt is expected to trade lower for the period from March 6 to March 11, 2023 at 33,504.00 USD per ton against 35,012.00 USD per ton last week, ie a negative price difference of around -1,958 USD. The same… Read More Here
Cat 950 and 962 wheel loaders Bring Premium Performance and simple-to-use Technologies 3 Technology & Innovation Mining Equipment 

Cat 950 and 962 wheel loaders Bring Premium Performance and simple-to-use Technologies

Constance
Delivering premium performance, the new Cat 950 and 962 Next Generation Wheel Loaders feature standard simple-to-use technologies that boost operator efficiencies, provide consistent bucket fill factors and increase productivity by up to 10% over the previous models These flexible loaders offer application-specific designs to excel in the toughest applications, while service intervals are extended to lower maintenance costs by up to 35%. Their field-proven, reliable Cat 7.1 engine offers high power density with a combination of proven electronics, fuel and air systems. Meeting US EPA Tier 3 / EU Stage IIIA equivalent emission… Read More Here
Kenya Strengthens Green Hydrogen cooperation with EIB 4 Green Energy Contracts & tenders International 

Kenya Strengthens Green Hydrogen cooperation with EIB

Constance
The European Investment Bank has announced that it will strengthen support for green hydrogen investment in Kenya following the signing of a joint declaration on renewable clean hydrogen  Njuguna Ndung’u, Keyna’s Cabinet Secretary, National Treasury and Economic Planning, commented, “Kenya has some of the best renewable energy sources in the world if the storage components were equally developed. The route to storage has the potential to develop green hydrogen to deliver sustainable, green and inclusive growth. Today’s agreement builds on decades of close cooperation with the European Investment Bank to… Read More Here
Volvo Penta Moves into Battery Energy storage with OEMs 5 International Energy 

Volvo Penta Moves into Battery Energy storage with OEMs

Constance
In a move to supplement its power generation business, Volvo Penta is launching a new offer – a high-performance subsystem based on the Volvo Group’s electromobility platform, optimized for OEMs’ BESS applications “Battery energy storage is increasingly in demand for a variety of applications including utilities, factories, decentralised microgrids and mobile charging stations,” commented Hannes Norrgren, President of Volvo Penta Industrial.  “As our solution is application agnostic, we see huge potential for its adoption. Together with OEMs, our solution provides possibilities to store energy from and add resiliency to renewable solar… Read More Here
China's CNR snatches up Williams Minerals Mine in Zimbabwe for US$1.75 billion 6 Battery Metals International Mergers & Acquisitions 

China’s CNR snatches up Williams Minerals Mine in Zimbabwe for US$1.75 billion

Constance
China Natural Resources (CNR) has acquired the Williams Minerals lithium mine in Zimbabwe for US$1.75 billion from Feishang Group and Top Pacific (China). The rising demand for lithium, a safe and reliable resource in a global market where the appetite for renewable energy continues to grow, has motivated CNR to make this strategic move. This acquisition will enable CNR to indirectly acquire all interests in Williams Minerals in the second quarter of this fiscal year, subject to the issuance of independent technical reports and the company’s full settlement of cash… Read More Here
Zambia Cabinet Approves Handover of Kasumbalesa Border to ZRA 7 Mining in Zambia Transport and Logistics 

Zambia Cabinet Approves Handover of Kasumbalesa Border to ZRA

Constance
The Cabinet has given approval for the management of the Vehicle Traffic Management System at Kasumbalesa Border Facility, along with other supporting infrastructure, to be handed over to the Zambia Revenue Authority (ZRA). This decision was made due to the Concession Agreement between the Government and the Zambia-I.P-Border Crossing Company (ZIPBCC) which expired on March 3rd, 2023. According to Chief Government Spokesperson CHUSHI KASANDA, the transfer of the Kasumbalesa Border Post to ZRA will enable the Government to take control of the border facility’s operations and increase revenue collection for… Read More Here
Global Tailings Standard raises the bar for Social Management 8 International Environment Social Governance (ESG) 

Global Tailings Standard raises the bar for Social Management

Constance
The recent industry engagement efforts of the Church of England and a range of other investors leave no doubt: responsible tailings management is a key focus for 2023. With tailings dam failures on the rise in recent years (a trend expected to continue, unless practices improve), investors, mining communities, workers, and other stakeholders are putting pressure on the mining industry for the wholesale adoption of the Global Industry Standard on Tailings Management (GISTM), the global leading practice standard designed by ICMM, the UN Environment Programme (UNEP), Principles for Responsible Investment (PRI), and their advisors,… Read More Here
First Quantum losing US$8M a day on Cobre Panama halt 9 International Copper 

First Quantum losing US$8M a day on Cobre Panama halt

Constance
First Quantum Minerals says it’s experiencing losses of up to US$8 million a day due to the suspension of ore processing and port loading affecting its giant copper mine in Panama. In a letter sent this week to the country’s Maritime Authority (AMP), the chief executive of First Quantum’s local unit, Minera Panama, said the halt ordered last week has had a domino effect. CEO Alan Delaney warned the longer activities are suspended, the greater the “exponential and irreparable damage to the company and stakeholders, including the workforce.” He noted the government’s measure,… 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.