International - Copperbelt Katanga Mining

Copper price down as China’s imports drop to lowest in two years

September 8, 2021September 8, 2021 admin

China’s copper imports in August dropped 41% year-on-year to their lowest since June 2019, as high prices and sluggish economic growth kept a lid on demand. Copper for delivery in December fell 1.3% from Monday’s settlement price, touching $4.278 per pound ($9,411 per tonne) on the Comex market in New York. Arrivals of unwrought copper and products into the world’s top copper consumer were 394,017 tonnes last month, the General Administration of Customs said, down 7% from a month earlier and the fifth straight monthly decline. “Chinese customers are not… Read More Here

Epiroc reveals resin system for underground rock bolting

September 7, 2021September 7, 2021 admin

Sweden’s Epiroc has developed a resin system for than be used to install long-term rock bolts in poor rock conditions. Epiroc said its system can addresses the underground rock bolting that often becomes a bottleneck within the drill and blast cycle. The system was developed in partnership with Swedish iron ore miner LKAB under the key Sustainable Intelligent Mining Systems (SIMS) project. Blocky or friable ground often leaves drilled bolt holes blocked or partially blocked. This slows down, or in the worst case, prevents the introduction of bonding agents such… Read More Here

Battery Metals Cobalt International Lithium

BMW orders up $24 billion of batteries as EV demand grows

September 7, 2021September 7, 2021 admin

BMW AG has boosted orders for battery cells to keep pace with accelerating demand for electric cars that made up more than 11% of deliveries during the half of the year. The German carmaker now has contracts for more than 20 billion euros ($23.8 billion) of batteries, up from 12 billion euros previously, Chief Executive Officer Oliver Zipse said in an interview. The cells are destined for i4 sedans, iX sport utility vehicles and other models BMW is producing through 2024. The company plans to start switching to a new… Read More Here

Equipment & Technology International Mining technology

Sandvik Leopard DI650i gets RC sampling capability

September 7, 2021September 7, 2021 admin

Swedish technology and global engineering group Sandvik Mining and Rock Solutions is adding a new reverse circulation (RC) sampling option to its Leopard DI650i down-the-hole (DTH) drill rig. Sandvik launched the Leopard DI650i drill rig in September 2018. In June this year, Sandvik added fully autonomous capabilities to the drill rig with its iDrill automation platform. The company plans to showcase the Leopard DI650i drill rig along with a range of its equipment at MINExpo 2021 next week. The company said that the new RC drilling system, which is fully integrated into the Leopard DI650i platform,… Read More Here

International Gold

Metso Outotec HIGmill has increased gold recovery by approximately 6% for Sunrise Dam Gold Mine

September 6, 2021September 6, 2021 Chilombo MahambaInternational

The regrind project at Sunrise Dam has so far achieved an estimated average increase in gold recovery of 6%, and is providing consistent and steady operation. The mill is achieving the design product size of 80% passing 10μm and continues to be operated with minimal operator input. Sunrise Dam Gold Mine, owned by AngloGold Ashanti (AGA), is located 55 km south of Laverton, Western Australia. Operation began in 1997, with a major upgrade to the plant completed in 2001. Following this upgrade and various de-bottlenecking projects, the site has increased… Read More Here

Gold International

Equinox Gold achieves record revenue growth

September 6, 2021September 6, 2021 admin

During the worst pandemic in over a century, many companies are trying to stay above water and many would appreciate steady year-over-year revenue, let alone sales growth. The context of the pandemic makes Equinox Gold Corp.’s (TSX:EQX) mind-boggling 96,081.2% revenue growth over five years even more amazing. Equinox Gold recorded the largest revenue growth on BIV’s top 100 fastest-growing list since 2013 and posted greater growth than all the first-place companies combined in the intervening years. “We had this vision of creating a top 10 or 15 gold mining company… Read More Here

International Rare Earth Metals You got to know this

How to mine precious rare-earth elements from coal fly ash with a reusable ionic liquid

September 4, 2021September 4, 2021 Chilombo MahambaInternational

Researchers from the American Chemical Society (ACS) have published an Environmental Science & Technology report which explains a simple method for recovering rare-earth elements from coal fly ash using an ionic liquid. Rare-earth elements are in many everyday products, such as smart phones, LED lights and batteries. However, only a few locations have large enough deposits worth mining, resulting in global supply chain tensions. So, there’s a push toward recycling them from non-traditional sources, such as waste from burning coal fly ash. While rare-earth elements aren’t as scarce as their name implies,… Read More Here

Copper Cobalt International Zinc

Copper price expected to rise to 9,373.60 USD as of next week

September 4, 2021September 4, 2021 admin

The price of a tonne of Copper is expected to increase on the international market for the period from September 6 to 11, 2021, unlike the previous week. According to the report of the National Mercury Commission of the Ministry of Foreign Trade published on September 3, 2021, it is indicated that unlike last week, the tonne of Copper should be traded, from September 6 to 11, at 9 US $ 373.60 versus US $ 9,079.90 last week. According to this document, Copper will have for this period under analysis… Read More Here

Equipment & Technology International Mining technology

Vale launches self-driving trucks at its largest mine

September 2, 2021September 2, 2021 admin

Brazilian miner Vale SA said on Thursday it had begun using self-driving trucks for the first time at its Carajas complex, its largest iron ore mining operation, as it continues to expand its use of the driverless technology. Vale expects to boost productivity and safety by using the trucks to haul iron ore, said Pedro Bemfica, the executive heading the autonomous technology program. The miner’s six self-driving vehicles at Carajas are nearly twice as tall and more than three times as wide as a conventional trucks and capable of holding 320 tonnes… Read More Here

Equipment & Technology International Mining technology

Sandvik launches 15-t Toro LHD

September 2, 2021September 2, 2021 admin

Sandvik Mining and Rock Solutions is launching a new, higher capacity 15-tonne size class loader as a next generation model for the current 14-tonne Sandvik LH514. The 15-tonne Toro LH515i has one tonne greater capacity than its predecessor, yet it is designed to operate within the same footprint. This new member of the Toro family has been redesigned from the ground up, leveraging all the benefits of its predecessor, while improving the design based on customer feedback. The new loader has been designed following the principles of intelligence and simplicity.… Read More Here