International - Copperbelt Katanga Mining

New Sandvik Technology Centre in Zimbabwe

July 28, 2021July 28, 2021 admin

Sandvik Mining and Rock Solutions’ newly launched technology centre in Harare, Zimbabwe, is, assisting the region’s mining industry on a journey into the digital future,the company says. The Sandvik Technology Centre has already begun working with technology-focused customers in underground hard-rock mines locally to raise the productivity bar. According to Sandvik Technology Centre Manager, Hosea Molife, the facility’s key aim is to use digital technology to make mines safer and more productive. “Our starting point was an OptiMine implementation for the monitoring and tracking of underground mobile equipment and customer… Read More Here

Egypt, Barrick Gold sign four contracts for gold exploration

July 28, 2021July 28, 2021 admin

Barrick Gold (TSX: ABX) (NYSE: GOLD) has inked four gold exploration deals in Egypt’s Eastern Desert, the country’s ministry of petroleum and mineral resources said on Tuesday. The miner, which won an international tender Egypt launched last year, will explore in 19 new blocks in the Eastern Desert with an estimated total investment of $8.8 million. “We believe that it is essential to move into prospective emerging and underexplored mineral belts to maintain the discovery rate as part of a balanced development strategy,” Barrick SVP exploration, Joel Holliday, said in a separate statement. DESPITE… Read More Here

Copper International

Copper price down on pressure from rebounding dollar

July 28, 2021July 28, 2021 admin

Copper prices snapped a five-session winning streak on Tuesday under pressure from a rebounding dollar as investor focus shifted to a US Federal Reserve meeting expected to give more direction on monetary policy. Copper for delivery in September fell 0.3% from Monday’s settlement price, touching $4.572 per pound ($10,058 per tonne) midday Tuesday on the Comex market in New York. Benchmark copper on the London Metal Exchange lost 0.8% to $9,727.50 per tonne in official trading, after touching its highest since June 15 at $9,924. “Given the scale of moves we have… Read More Here

Copper International

Copper price highest in 6 weeks as flooding in China raises supply concerns

July 27, 2021July 27, 2021 admin

Copper prices jumped on Monday as floods in China sparked demand hopes at a time when inventories are falling. Copper for delivery in September rose 4.5% from Friday’s settlement price, touching $4.602 per pound ($10,120 per tonne) midday Monday on the Comex market in New York. Benchmark copper on the London Metal Exchange was up 0.9% at $9,604.50 per tonne in official trading, after touching its highest since June 16 at $9,665 per tonne. Floods in central China, especially in the industrial and transport hub city of Zhengzhou in Henan… Read More Here

Equipment & Technology International Mining Equipment

The Next Generation of Dump Trucks

July 26, 2021July 26, 2021 arnbethnic

The new TA 230 Litronic has been described by Liebherr as the next generation of dump trucks. It has been developed for rugged off-road use. The TA 230 won the Red Dot Award for high design quality in 2021. The machine can tackle any terrain. It has an efficient drivetrain, permanent 6 x 6 all-wheel drive, reliable traction control and solid axle mounts. It has undergone extensive testing on a test track that was specifically built for it. These features allow it to produce incredibly fast cycle times. This machine… Read More Here

Copper International

The global copper market showed a deficit of 75,000 tonnes in April 2021 (Report)

July 23, 2021July 23, 2021 admin

The world market for refined copper posted a deficit of 75,000 tonnes in April, compared to a deficit of 13,000 tonnes in March, the International Copper Study Group (ICSG) said in its latest monthly bulletin , Mining.com report. Note that for the first four months of the year, the market was in surplus of 69,000 tons against a surplus of 110,000 tons during the same period a year earlier, said the ICSG. World production of refined copper in April was 2.07 million tonnes, while consumption was 2.14 million tonnes. Read More Here

Mining technology International

BME enables access to virtual online technical services

July 22, 2021July 22, 2021 admin

Omnia Group company BME is now providing technical blasting services online, giving the industry access to experienced specialists through virtual consultations and solutions. The service is an important part of BME’s recently upgraded website, according to the company’s Global Manager for Blasting Science D. Scott Scovira. “Our online technical blasting service is provided not only by BME’s in-house technical staff, but it is also in association with other recognized third-party specialists in blasting, mining and construction,” said Scovira. “The initial online consultation to discuss and scope out a blasting project… Read More Here

Mining Supply Tenders International

Delta Drone wins Anglo DaaS contract

July 21, 2021July 21, 2021 admin

Australia-headquartered drones-as-a-service provider Delta Drone International has signed an agreement to provide services to Rustenberg Platinum Mines’ Mogalakwena mine in South Africa. Rustenberg Platinum Mines is a wholly owned subsidiary of Anglo American Platinum, the world’s largest producer of platinum. The deal, which is worth approximately A$120,000 (US$ 87,792), includes drone-based end-to-end survey mapping, blast monitoring and inspection requirements for the mine by Rocketmine’s mining specialist pilots and drone fleet. Delta Drone’s drones-as-as-service model includes a tailored data solution designed specifically for the mining industry. Christopher Clark, CEO of Delta… Read More Here

Diamond International

Diamonds and platinum sparkle in Anglo American’s Q2 production

July 20, 2021July 20, 2021 admin

Anglo American’s production rose by 20% in the second quarter, helped by higher output of platinum and diamonds, the miner said on Tuesday, despite operations running at 95% of full capacity because of COVID-19 disruptions. Rough diamond production rose by 134% compared to the same period last year as consumer demand recovered, while platinum group metals production at South African unit Anglo American Platinum increased by 59% to 1.06 million ounces. Copper output rose by 2% to 170,000 tonnes on higher production at Anglo’s largest mine in Chile, Los Bronces.… Read More Here

Copper Covid-19 International

Copper price falls amid covid-19 worries

July 20, 2021July 20, 2021 admin

The copper price fell on Monday as the dollar hovered near its highest levels in months, making greenback-priced metals more expensive and less appealing to holders of other currencies. Daily new coronavirus infections have been surging from the United States and Europe to Asia due to the spread of the Delta variant, making investors nervous about the global economic recovery and putting money into safe haven assets. Copper for delivery in September fell 2.7% from Friday’s settlement price, touching $4.204 per pound ($9,248 per tonne) midday Monday on the Comex… Read More Here