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Category: International

Thirty-one miners die after methane explosion at disused shaft in South Africa 1 International Mining safety 

Thirty-one miners die after methane explosion at disused shaft in South Africa

Constance
Thirty-one miners have died after a methane explosion at an abandoned gold mine in South Africa. The miners, suspected to be illegally working on the project, were killed by the explosion on 18 May, but the deaths were only announced last week. The Virginia Mine’s shaft 5 has not been officially operated since the 1990s. The mine was abandoned three decades ago after a first methane explosion. It was acquired by Harmony in the 1980s but closed shortly after as a result. The South African Minister for Mineral Resources and… Read More Here
Kavango signs option over gold project in Zimbabwe 2 Gold International 

Kavango signs option over gold project in Zimbabwe

Constance
Kavango Resources, a UK-based mining company focused on South Africa, has entered an exclusive two-year option to acquire Nara, a gold exploration project in Matabeleland, Zimbabwe. The Nara project includes 45 contiguous gold claims. According to the company, the project has the potential to host a bulk mineable gold deposit. Each of the gold claims is claimed to be at least ten hectares in size. The area of the project has supported historic high-grade underground mining and continuous surface mining on small-scale and custom milling over a 30-year period. It has… Read More Here
Anglo American and Jiangxi sign MoU on responsible copper production 3 International Copper 

Anglo American and Jiangxi sign MoU on responsible copper production

Constance
UK-based mining company Anglo American and Chinese copper miner Jiangxi Copper have entered a memorandum of understanding (MoU) to work on responsible copper production. Signed in Jiangxi Copper’s headquarters in Nanchang, China, the MoU will be part of Anglo American’s work with customers in creating sustainable value chains beyond its own mining operations. Anglo American marketing business CEO Peter Whitcutt said: “We are developing a series of partnerships to shape a more sustainable and customer-centric value chain – one that meets consumer-driven demand for copper with demonstrably strong provenance credentials.… Read More Here
Protests erupt as illegal miners remain in Ghana gold mine  4 International Artisanal mining Gold 

Protests erupt as illegal miners remain in Ghana gold mine 

Constance
Protests have erupted in the mining town of Obuasi, Ghana, as up to 300 gold miners remain underground at an AngloGold Ashanti mine due to fear of arrest if they exit. Heavily armed police officers fired shots at protesting crowds, according to footage taken by Al Jazeera. The illegal, or artisanal, miners entered the mine last week, and more than 80 have chosen to leave and been immediately arrested by Ghanian police forces. In a statement to Mining Technology, AngloGold Ashanti said that “the main exit ramp from the mine,… Read More Here
Billionaire miner Robert Friedland warns of a copper 'train wreck' as supply stalls 5 International Copper 

Billionaire miner Robert Friedland warns of a copper ‘train wreck’ as supply stalls

Constance
Copper is poised to follow other commodities upended by recent price surges as the mining industry struggles to expand ahead of accelerating demand, warns the man behind some of the world’s biggest mines. Demand for critical raw materials is set to jump as nations mandate clean energy and transport while clambering to develop their own supply chains. But a combination of factors suggests supply won’t keep pace, according to billionaire Robert Friedland. They include the fact that deposits are getting pricier and tricker to find and dig up, funding is scarce and societies have… Read More Here
Bluebell Capital Partners asks Glencore board to replace CEO 6 International Mining Personality 

Bluebell Capital Partners asks Glencore board to replace CEO

Constance
Activist investor Bluebell Capital Partners issued a letter to the Glencore board on Wednesday asking them to remove chief executive Gary Nagle and commence the search for a new external CEO. Bluebell, which has not disclosed the size of its shareholding, started an activist campaign at Glencore in 2021, urging it to separate its thermal coal business and sell its agricultural business Viterra. During this year’s annual general meeting of Glencore, 99 percent of shareholders voted to re elect Nagle as the CEO. Source:mining.com Read More Here
Making the most of mining data through AI 7 International Equipment & Technology Mining technology Technology & Innovation 

Making the most of mining data through AI

Constance
According to IMDEX experts, speaking at the World Mining Congress in Brisbane, Australia, artificial intelligence (AI) is a vital tool that can be used to transform the wealth of data in modern mining  into ore body knowledge that would enable resource companies to make better downstream decisions. Chairing a session on AI and rapid resource modelling, and in a separate presentation, Dave Lawie, chief geoscientist at IMDEX, said the Internet of geosensing – the network of cloud-connected tools and sensors gathering information across the mining operation – delivered a treasure trove… Read More Here
Ivanhoe Mines Adds Accomplished African Female Leaders to its Board 8 International Mining Personality 

Ivanhoe Mines Adds Accomplished African Female Leaders to its Board

Constance
 Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) announced the results of voting by shareholders for the election of the Board of Directors during the company’s Annual General and Special Meeting held last week. Ivanhoe Mines Co-Chairman Robert Friedland and President Marna Cloete also are very pleased to announce the appointment of two distinguished female African leaders – Dr. Phumzile Mlambo-Ngcuka and Ms. Delphine Traoré – to the company’s board as independent directors. Mr. Guy de Selliers and Ms. Nunu Ntshingila did not stand for re-election. Dr. Mlambo-Ngcuka served as the United… Read More Here
Invictus Energy Looks to Divest in Zimbabwe Oil and Gas Project 9 International Oil & Gas 

Invictus Energy Looks to Divest in Zimbabwe Oil and Gas Project

Constance
Independent upstream oil and gas company Invictus Energy is mulling divestment in its Zimbabwean oil and gas project. The decision is contingent to confirmation of commercially viable discoveries at the company’s Mukuyu-2 exploration well, situated in the Cabora Bassa basin in northern Zimbabwe, which Invictus Energy will start drilling during Q3 2023. The second phase of the Cabora Bassa project is poised to ascertain the profitability and viability of the resources in the basin. Pending positive results from the appraisal program, the company intends to bring in new partners to further develop… Read More Here
Lake Resources to develop Kachi lithium in two stages 10 International Battery Metals Lithium 

Lake Resources to develop Kachi lithium in two stages

Constance
Argentine lithium brine play Lake Resources (ASX: LKE) has decided to further de-risk its Kachi project by adopting a two-stage development schedule. For its 50,000 tonnes per annum production target, the company will now have a phased approach of two 25,000tpa operations. This also allows Lake to accelerate the development timeline, bringing forward production. Full production by 2030 Now the timetable allows for the first stage, handling 25,000tpa, by 2027, with the second phase now due to come online in 2030. Kachi is located in Catamarca province of Argentina, within the “lithium… Read More Here

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