Barrick Set for Strong Finish to the Year 1 Gold Corporate News International 

Barrick Set for Strong Finish to the Year

 Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today reported preliminary Q3 sales of 1.03 million ounces of gold and 101 million pounds of copper, as well as preliminary Q3 production of 1.04 million ounces of gold and 112 million pounds of copper. Q3 production was higher than Q2, although lower than previous plans for the quarter, especially at Pueblo Viejo where equipment design deficiencies contributed to the delayed ramp up of the expansion project. We continue to expect a significant increase in fourth quarter production volume. The average market price for gold in… Read More Here
Barrick CEO Engages with Stakeholders Around Reko Diq Site as Project Progresses 2 Gold Corporate News International 

Barrick CEO Engages with Stakeholders Around Reko Diq Site as Project Progresses

Barrick Gold Corporation’s president and chief executive Mark Bristow last week arrived at the site of the Reko Diq project to review its progress and engage with stakeholders who live in and around the area. Due to go into production in 2028, Reko Diq hosts one of the world’s largest undeveloped copper-gold deposits. Among others, Bristow and his team met representatives of the Par-e-Koh and Nokkundi community development committees, which include members of resident tribes, village elders and youth groups. They also visited the primary schools set up by Reko… Read More Here
ERG Africa's Boss Mining and Subsidiaries Join Lualaba Mining Show 3 Mining in DRC Corporate News Events & Expos 

ERG Africa’s Boss Mining and Subsidiaries Join Lualaba Mining Show

The Lualaba Mining Show aims to drive the critical involvement of the mining industry in the development of Lualaba Province. The first edition of the Lualaba Mining Show 2023 was held on 5 and 6 October, at the Musompo Trading Centre in Kolwezi, in the Democratic Republic of Congo (DRC). The exhibition organized under the patronage of Her Excellency, the Governor of Lualaba Province, Ms Fifi Masuka Saini, garnered the presence of esteemed dignitaries, including DRC President, His Excellency Félix-Antoine Tshisekedi Tshilombo, who also officiated the… Read More Here
Caterpillar validates Rajant wireless solution with Cat® MineStar™ Command for hauling 4 Corporate News Equipment & Technology Mining technology Technology & Innovation 

Caterpillar validates Rajant wireless solution with Cat® MineStar™ Command for hauling

Rajant Kinetic Mesh® BreadCrumbs® enable mining automation worldwide After extensive testing, Caterpillar Inc. has completed the in-house validation of Rajant BreadCrumbs®, LX5 CA radios, which will enable field trials with this Rajant product and Cat® MineStar™ Command for hauling.  “This validation is a key step to provide additional options for our mining customers when deploying Command for hauling in their operation,” said Sean McGinnis, vice president and general manager of technology and global sales support at Caterpillar. “We greatly appreciate the support from the Rajant team throughout the validation process.” Rajant… Read More Here
Kansanshi Mining and Solwezi Municipality Collaborate on Road Upgrading Project 5 Mining in Zambia Corporate News Corporate social responsibility 

Kansanshi Mining and Solwezi Municipality Collaborate on Road Upgrading Project

In a promising partnership aimed at enhancing the infrastructure in Solwezi, Kansanshi Mining Plc General Manager, Anthony Mukutuma, and Solwezi Mayor, Remmy Kalepa, have jointly inaugurated the commencement of an extensive road upgrading project covering 4.3 kilometers within the township. This substantial initiative is being undertaken at a cost of K29 million kwacha and is facilitated through a mutual debt-swap arrangement between Kansanshi Mining Plc, a subsidiary of First Quantum Minerals (FQM), and the Solwezi Municipal Council. The project is set to significantly improve the quality of road infrastructure in… Read More Here
FIRST QUANTUM ANNOUNCES PASSING OF CO-FOUNDER AND CHAIRMAN PHILIP PASCALL 6 Corporate News Mining Personality 

FIRST QUANTUM ANNOUNCES PASSING OF CO-FOUNDER AND CHAIRMAN PHILIP PASCALL

First Quantum Minerals Ltd is deeply saddened to announce the passing of one of its founders and Chairman, Philip Pascall, on September 19, 2023. Philip passed away peacefully at home in Perth, Western Australia. Philip co-founded First Quantum in 1996, serving as the Chairman since its inception and Chief Executive Officer until 2022. Under his leadership, Philip instilled an entrepreneurial and bold culture that saw the Company grow from a 10,000 tonnes tailings re-processor with the Bwana Mkubwa project in Zambia to one of the world’s largest copper producers with… Read More Here
Sandvik introduces new logotype and visual identity 7 Corporate News International 

Sandvik introduces new logotype and visual identity

Today, Sandvik presents a new visual identity. It highlights the company’s commitment to lead the shift towards digitally driven and automated industries, and it is developed to suit the current position of the company as a technology leader enabling improved productivity, efficiency and sustainability for its customers. Over the past few years, Sandvik has implemented a new strategy and defined a common purpose: We make the shift – advancing the world through engineering. This, in combination with fundamental changes like strategic acquisitions and the 2022 listing of business area Sandvik… Read More Here
Founder and Former CEO of FQM Philip Pascall, Passes Away 8 Mining Personality Corporate News 

Founder and Former CEO of FQM Philip Pascall, Passes Away

Toronto-listed First Quantum Minerals announced the passing of its co-founder and former CEO, Philip Pascall, on Tuesday 19th September. Pascall passed away at his residence in Perth, Western Australia. Philip Pascall, a key figure in the mining industry, co-founded First Quantum in 1996 and served as its Chairperson from the company’s inception until 2022. Under his visionary leadership, he instilled an entrepreneurial and daring culture that propelled the company’s growth from a modest 10,000-ton tailings re-processor with the Bwana Mkubwa project in Zambia to one of the world’s leading copper… Read More Here
Boss Mining and Lualaba Host Communities Sign Development Agreement 9 Mining in DRC Corporate News Corporate social responsibility 

Boss Mining and Lualaba Host Communities Sign Development Agreement

Eurasian Resources Group in Africa (ERG Africa) continues its investment in community initiatives to deliver sustainable socio-economic benefits to its 22 host communities in the province. On 26 August 2023, Boss Mining signed a Community Development Plan Agreement (Cahier des Charges) committing to support local, sustainable development initiatives – which will impact the lives of approximately 84,000 people – over the next five years. The Cahier des Charges was collaboratively developed through regular, facilitated dialogues between Boss Mining, community members, and government officials. The projects were then collectively agreed upon… Read More Here
Caterpillar celebrates 130 years of earthmoving innovation in South Milwaukee, Wisconsin 10 Equipment & Technology Corporate News International Mining Equipment 

Caterpillar celebrates 130 years of earthmoving innovation in South Milwaukee, Wisconsin

The year – 1893. Only 44 of today’s 50 states formed the union, and Grover Cleveland was elected the country’s 24th president. College basketball was in its infancy, holding its first official game. And the Bucyrus Steam Shovel and Dredge Company opened a new manufacturing facility in South Milwaukee, Wisconsin, U.S.A., to improve and expand its production facilities. Since this point in history, the management decisions and equipment produced in South Milwaukee have not only changed the construction and mining industries but also the course of history. In the early… Read More Here

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