International - Copperbelt Katanga Mining

Mining production to end higher than the first half of the year 1

Financial risk management, solutions and insights company Fitch Solutions Country Risk and Industry Research (Fitch Solutions) says mining production and investment across most minerals, except for thermal coal, are likely to finish the year stronger than in the first half of the year as a result of firms being unencumbered by restrictive lockdowns. As economies enter the second half of the year, Fitch Solutions expects both output and investment to fare relatively better than in the first half of the year.ADVERTISEMENT In this regard, Fitch Solutions points out that within… Read More Here

Covid-19 International

Global covid-19 update- cases approach 22 million

August 18, 2020August 18, 2020 admin

Global: Global Covid-19 cases are rapidly approaching 22 million, with more than 21,900,000 infections, according to Johns Hopkins University. There have been more than 774,000 deaths attributed to the virus. The World Health Organization’s regional director for the Western Pacific says younger people – those in their 20s, 30s and 40s – are increasingly driving the coronavirus pandemic. Takeshi Kasai told a virtual briefing that many were unaware they had the disease. US: Los Angeles County said it is continuing to see declines in daily hospitalizations and deaths, adding to signs of… Read More Here

International

Accenture to extend role as IT services provider to Anglo until 2023

August 18, 2020August 18, 2020 admin

Professional services company Accenture and global miner Anglo American have signed an agreement to extend the latter’s role as a ‘strategic information technology (IT) services’ provider to Anglo. Under the agreement, Accenture will provide IT services to Anglo until 2023. According to Accenture, the agreement is an extension of a partnership that started in 2011. It will accelerate Anglo American’s information management (IM) capabilities with ‘new technologies’, as well as ‘delivery practices’, which it claims will drive innovation. The professional services firm was first selected as a key technology services… Read More Here

International Lithium

Lithium-ion cell capacity to Multiply by 2030

August 18, 2020August 18, 2020 admin

A rapid roll-out of battery megafactories across China and Europe will drive a fourfold increase in global lithium-ion cell capacity by 2030 compared to 2019, according to consultancy Wood Mackenzie. Wood Mac said capacity could reach 1.3 terrawatt-hours (TWh) by the end of the decade, pointing to 119 battery factories that are either operational, under construction or have been announced by more than 50 manufacturers. China is set to more than double capacity from 345 gigawatt hours (GWh) to about 800GWh, while a dramatic ramp-up in European capacity means the continent… Read More Here

Copper International Transport and Logistics

Thiess awarded Mantos Blancos haulage contract in Chile

August 18, 2020August 18, 2020 arnbethnic

CIMIC’s global mining services provider, Thiess, has been awarded a mining services contract with Mantos Copper S.A. at their Mantos Blancos mine, located northeast of Antofagasta, Chile. Thiess will undertake load and haul services, including fleet maintenance, to move low-grade copper ore at the Mantos Copper SA operation, which produces around 50,000 tonnes of fine copper a year. Mantos Blancos is a mining complex located in Region II, 45 kilometres northeast of the city of Antofagasta at 800 meters altitide. It comprises an open-pit mine, crushing plants and facilities for processing oxidized… Read More Here

Mineral Processing International New Mining Projects

India court rejects Vedanta’s plea to restart copper smelter

August 18, 2020September 9, 2020 arnbethnic

Vedanta will have to keep its plans to resume operations at its copper smelter in India on hold for longer after a local court rejected an appeal to restart the plant. The Madras High Court on Tuesday refused permission to restart the plant in southern India’s Tamil Nadu state. The court also said it hasn’t yet decided on a petition to the demolish plant. Vedanta can now appeal to the nation’s top court.ADVERTISEMENT Billionaire Anil Agarwal’s commodities producer stopped operations at the smelter for maintenance in March 2018 and later extended… Read More Here

International Gold Innovation Mining technology

Polymetal installs ‘world’s largest’ gold autoclave

August 18, 2020August 18, 2020 Arnie

Cyprus-based precious metals mining group Polymetal International has installed what it claims to be the world’s largest gold autoclave vessel at its Amursk POX-2 project in Russia’s Far East. Built by Belgium’s Coek Engineering, the autoclave is 50m long, has a diameter of 6m and weighs 1,100 tonnes, said Polymetal. It has cost US$27 million in total for the equipment and its shipment to Amursk. The vessel, which is made of steel and has a titanium lining, will operate at the temperature of up to 240 Celsius and a pressure… Read More Here

International Gold

Gold price recovers from worst week since March

August 18, 2020August 18, 2020 admin

Gold rebounded from its worst weekly performance in nearly five months as a weaker dollar and pullback in US treasury yields bolstered investor demand for safe-haven assets. Spot gold advanced 1.7% to $1,980.74 per ounce by 2:45 p.m. EDT on Monday. Gold futures for December delivery jumped 2.1% to $1,991.20 per ounce after briefly crossing the $2,000 an ounce mark earlier in the day. Gold investors also received a boost after a regulatory filing disclosed Berkshire Hathway’s new 20.9 million share investments in Barrick Gold –the world’s second-largest gold miner.… Read More Here

Uncategorized Explosives International Mining technology

DynoConsult provide technical solutions to optimize operational processes

August 18, 2020August 18, 2020 Johannsen

For more than 20 years, the DynoConsult® team of experts has developed technical solutions to assist with customers’ operations. Those in the mining industry know the name DynoConsult®. For more than 20 years, the DynoConsult team of experts has developed technical solutions to assist with customers’ operations. With new value-added enhancements, DynoConsult professionals are committed to optimizing your entire blasting process with their experience, knowledge and insight to drive world-class blasting results. DynoConsult now has a wider reach with more experts and programs that include drill hole planning and execution,… Read More Here

International Gold

AngloGold CEO sells shares following resignation

August 17, 2020August 18, 2020 admin

AngloGold Ashanti’s outgoing CEO, Kelvin Dushnisky, sells 20,000 shares of the company for $ 572,116 in a transaction dated August 13, 2020. In the same week, AngloGold executives Graham Ehm and Tirelo Sibisi also sold 25,000 and 43,000 shares in the company, respectively. Dushnisky, who was named CEO of AngloGold nearly two years ago, was reportedly forced to resign last month after shareholders requested further investigation into a bonus payment by his former employer, Barrick Gold. Christine Ramon, CFO of AngloGold, will serve as interim CEO from September once Dushnisky’s… Read More Here