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Category: International

Solar Highmast Lighting | <strong>BEKA Schréder</strong> 1 Technology & Innovation International Press Release 

Solar Highmast Lighting | BEKA Schréder

Copperbelt Katanga News
BEKA Schréder is proud to have supplied the LED solar highmast lighting solution for a village in the North West Province, South Africa. BEKA Schréder’s South-African designed and manufactured SOLARFLOOD highmast lighting solution has been installed in a village which has not had any streetlighting previously. The community had approached the Madibeng Local Municipality, requesting for a lighting solution to try combat the high crime rate in the area. Due to the village being off the electrical grid, solar lighting was the obvious solution. This new lighting installation has been… Read More Here
Barrick Declares Dividend of $0.15 Per Share for Q3, Leading to Record Annual Returns in 2022- Press Release 2 International 

Barrick Declares Dividend of $0.15 Per Share for Q3, Leading to Record Annual Returns in 2022- Press Release

arnbethnic
TORONTO – Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today announced the declaration of a dividend of $0.15 per share for the third quarter of 2022. The dividend is consistent with the Company’s Performance Dividend Policy announced at the start of the year. The Q3 2022 dividend will be paid on December 15, 2022 to shareholders of record at the close of business on November 30, 2022. In addition to the enhanced dividends declared so far in 2022, Barrick has continued to repurchase shares under the share buyback program that was announced in February of… Read More Here
Disciplined Strategy Execution Supports Sustained Value Creation at Barrick 3 International Mining in DRC Mining in Zambia 

Disciplined Strategy Execution Supports Sustained Value Creation at Barrick

arnbethnic
LONDON – Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) remains on track to achieve its 2022 production guidance despite some short-term operational challenges and rising input costs, president and chief executive Mark Bristow said today. Presenting the company’s third-quarter results, Bristow said a steady performance had paved the way for a stronger Q4, driven by access to higher grades at Nevada Gold Mines (NGM). Its exploration drive continues to build momentum and Barrick is set once again to grow its reserves net of depletion this year. Operating cash flow for the quarter was $758 million… Read More Here
GHH raises the bar with NEO with New loader in the 10-ton class 4 Equipment & Technology International Technology & Innovation 

GHH raises the bar with NEO with New loader in the 10-ton class

Copperbelt Katanga News
Mining and tunnelling equipment manufacturer GHH has unveiled a new load haul dumper (LHD): The LF-10 NEO is a powerful and compact 10 ton loader, an all-around improved version of the LF-10, a well-established product in it’s class. The LF-10 NEO is the latest in a line of new GHH loaders like the LF-14, the LF-7 and the LF-8. The LF-10 NEO has a z-link design with the maximum tipping height in its class, of 2.5 m, which is perfect for truck loading all 30 ton trucks in the market.… Read More Here
Partnering With BHP For Long-Term Risk Reduction - SRK 5 International Environment Social Governance (ESG) Innovation 

Partnering With BHP For Long-Term Risk Reduction – SRK

Copperbelt Katanga News
By Pepe Moreno Construction works at a TSF in Argentina AUTHORS Pepe Moreno PUBLICATION INFO Date:October, 2022First Presented:SRK News Issue #65Tailings Management Tailings storage facilities (TSFs) represent one of the most critical liabilities associated with the mining industry. With the spotlight focused on ESG, investors and communities perceive the risk posed by TSFs as less tolerable than ever before. There has been a shift in how these facilities are managed, with a focus on sustainability and proactive tailings management strategies. The response from the industry, and community in general, was… Read More Here
Glencore Offices Mopani International Environment Social Governance (ESG) 

Glencore flew bribe cash across Africa in private jets, court told

Copperbelt Katanga News
A middleman paid by Glencore flew cash in private jets across Africa to bribe officials, a London court was told on Wednesday. A UK subsidiary of the commodity trader and mining group will be sentenced at Southwark Crown Court this week after pleading guilty in June to seven counts of bribery spanning countries from Nigeria to Cameroon following a Serious Fraud Office probe. Glencore has set aside $1.5bn to settle a series of global probes, including about $1.1bn for US authorities. Its UK fine will be determined on Thursday. The… Read More Here
Copper remains around 7,600 USD per tonne (Mercuriales) 6 Copper International Mining in DRC 

Copper remains around 7,600 USD per tonne (Mercuriales)

arnbethnic
Among the mining products exported from the Democratic Republic of the Congo, the general trend is between rising and falling prices on the international market in this week from October 31 to November 5, 2022, inform the projections of the National Mercurial Commission of the Ministry of Foreign Trade. Regarding copper, it is trading this week around 7,617.25 USD per ton against 7,603.15 USD per ton last week, an increase of 14.1 USD. The only other product on the rise is zinc, which is trading this week at 2,967.95 USD… Read More Here
Tesla held talks over buying stake in Glencore – report 7 Battery Metals International 

Tesla held talks over buying stake in Glencore – report

admin
Electric vehicles giant Tesla (NASDAQ: TSLA) considered taking a stake in Glencore (LON: GLEN) and held talks with the miner and commodities trader, the Financial Times reported. Citing unnamed sources familiar with the matter, FT said Tesla discussed buying 10% to 20% of Glencore last year and continued negotiations in March this year, when the Swiss firm’s chief executive Gary Nagle visited the carmaker’s factory in Fremont, California. Talks concluded without an agreement due to Tesla’s concerns about Glencore’s coal mining business and its impact on the environment, the two sources told… Read More Here
Gold price drops over 1% as another Fed rate hike looms 8 Gold International 

Gold price drops over 1% as another Fed rate hike looms

admin
Gold fell more than 1% on Friday as the US dollar rose, giving up gains from bets for a slowdown in monetary tightening by the Federal Reserve later in the year as the immediate focus turned to an impending rate hike next week. Spot gold was down 1.3% to $1,641.48 per ounce by 11:55 a.m. ET, on its way to another weekly loss. US gold futures also fell 1.3% to $1,644.00 per ounce in New York. Meanwhile, the US dollar index edged higher by 0.2%, eroding the appeal of rival… Read More Here
Caterpillar shares head for best post-earnings boom in decades 9 Equipment & Technology International Mining technology 

Caterpillar shares head for best post-earnings boom in decades

admin
In a market hungry for good news, global economic bellwether Caterpillar Inc.’s strong quarterly results and upbeat outlook were rewarded handsomely. Shares of the mining and construction equipment maker closed up 7.7% at $212.14 on Thursday, notching their biggest gain following an earnings report since April 2017. The rally added to an already great run for the stock, which is up 2.6% this year, compared to the S&P 500 Index’s 20% decline. The company’s third-quarter profit and revenue both topped analysts’ estimates, and it expects a strong adjusted operating profit… Read More Here

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