International - Copperbelt Katanga Mining

Jubilee delivers record copper production in the third quarter

October 12, 2020October 12, 2020 admin

Aim- and AltX-listed Jubilee Metals delivered both a record production and financial performance in the third quarter, ended March 31, with the company having achieved its highest quarterly platinum group metals (PGMs) production, to date, of 15 044 oz. The record PGMs production is supported by 136 162 t of chrome concentrate produced under tolling agreements from third-party ore suppliers. Jubilee’s PGM and chrome operations delivered record quarterly operational earnings of £15.1-million, which surpasses the previous operational record set during the first six months of the 2020 financial year. This operational performance… Read More Here

Equipment & Technology International

Caterpillar bets on self-driving machines impervious to pandemics

October 12, 2020October 12, 2020 admin

Question: How can a company like Caterpillar CAT.N try to counter a slump in sales of bulldozers and trucks during a pandemic that has made every human a potential disease vector?Jason Ramshaw, Commercial Manager for Caterpillar Construction Digital & Technology, demonstrates the Cat Command remote control console to operate a 320 excavator at Caterpillar’s Construction Industries EAME Sales Rally in Malaga, Spain, in an undated handout photograph. Caterpillar/Handout via REUTERS Answer: Cut out human operators, perhaps? Caterpillar’s autonomous driving technology, which can be bolted on to existing machines, is helping the U.S.… Read More Here

Gold International

Barrick CEO warns of reserve crisis

October 8, 2020October 8, 2020 admin

Barrick Gold CEO Mark Bristow on Wednesday said the gold industry in Africa should consolidate further, as he warned of a “serious reserve crisis” looming for the sector. A dearth of exploration has seen average mine life across the gold mining sector fall from 20 years to closer to 10 years, he added, speaking at the Joburg Indaba mining conference. “The prospect of a serious reserve crisis is looming,” said Bristow. Gold production across the industry has only increased by 1.6% every year for the past two decades, he said. Bristow said this… Read More Here

Gold International

Caledonia and Zim Government reaches agreement over potential investment opportunities

October 8, 2020October 8, 2020 admin

Caledonia Mining Corporation Plc (NYSE American: CMCL; AIM: CMCL) is pleased to announce that it has signed an agreement with the Government of the Republic of Zimbabwe under which Caledonia will evaluate mining rights, properties and/or projects in the gold sector that are controlled by the Government with a view to assessing the potential to advance development on these properties or projects. Caledonia believes Zimbabwe is a highly prospective region for gold discoveries. Caledonia has assessed and continues to assess investment opportunities in the Zimbabwe gold sector that are privately owned.… Read More Here

Energy International

Caledonia Mining appoints contractor to construct a solar power plant for electricity supply

October 8, 2020October 8, 2020 admin

Voltalia is an international renewable energy provider which has considerable experience in the delivery of renewable energy projects including the development, construction, operation and maintenance of solar power plants Voltalia is already active notably in Burundi, Malawi and South Africa Caledonia Mining Corporation PLC (LON:CMCL) has said that, since raising the required funds to invest in the construction of a solar power plant to supply electricity to the Blanket Mine in Zimbabwe, it has now appointed Voltalia as the contractor for the project. Voltalia is an international renewable energy provider and is… Read More Here

Equipment & Technology International New Mining Projects

Caterpillar introduces new dozer

October 7, 2020October 7, 2020 admin

The new Cat® D9 GC Dozer is built for efficient owning and operating costs while delivering reliable performance and straightforward operation and maintenance. Sharing the same frame as the Cat D9 Dozer, the new Cat D9 GC has increased durability. The frame, powertrain and major components are designed to be rebuilt to give the dozer a cost-effective second life with like-new performance. Application-specific configurations and multiple blade attachments deliver efficient dozing performance in a range of mining, construction and industrial applications such as production dozing, ripping overburden, site maintenance, fleet support,… Read More Here

Covid-19 International Mining technology

COVID-19 and the new normal put the spotlight on digitisation

October 7, 2020October 7, 2020 admin

The COVID-19 pandemic means less people in the mining area, working to achieve the same output; this makes digitalisation no longer a nice-to-have but a vital efficiency mechanism for survival. This is according to Niel McCoy, business line manager for automation and digitalisation at Sandvik Mining & Rock Technology, who explains the challenge is that digital strategies often fail due to lack of a vision. “Most mining companies have for years been working to digitalise their operations, but the difficulty is to know exactly what this process is meant to… Read More Here

Equipment & Technology International

Electric-powered earthmoving trucks: A revolution has begun

October 6, 2020October 6, 2020 admin

There is a global mandate for all industrial businesses to reduce their carbon footprint – and in coming years this requisite will become government instituted policy. There are many areas across a mine site that offer the potential to improve their environmental impact, and with the rapid onset of technology, this now includes electric powered heavy-duty trucks, IDEANOMICS head of communications and investor relations TONY SKLAR tells the media. Nasdaq-listed Ideanomics is a global company focused on facilitating the adoption of commercial electric vehicles and developing next generation financial services and Fintech products. Its… Read More Here

International

What defines the future of mining?

October 6, 2020October 6, 2020 admin

What defines the mining sector’s future? Is it the ability to adapt to new environments and market demands? Or is the foresight to invest in new power alternatives and renewable solutions that can change the market and drive growth? The answer is simple – both. Mining has been under immense pressure over the past few years, particularly during the 2020 lockdown. The restrictions on movement, distance, and access have significantly hit bottom lines and growth forecasts and this impact will likely be felt for some time to come. It’s a… Read More Here

Battery Metals International

US takes stake in battery-metals firm to wean itself off China

October 5, 2020October 5, 2020 admin

The US government has taken an equity stake in a battery-metals company in a move that undercuts dependence on China for a key material used in electric vehicles. TechMet received a $25-million investment from the US International Development Finance Corporation to help develop a Brazilian nickel and cobalt mine, the Dublin-based company said Monday in a statement. Cobalt is an important ingredient in cathodes of most electric-vehicle batteries and its refining capacity is largely under China’s control. “Investments in critical materials for advanced technology support development and advance US foreign… Read More Here