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Category: International

Caterpillar Mining technology International 

Caterpillar achieves 2 billion tonnes hauled with autonomous trucks system

arnbethnic
Caterpillar is hitting a significant milestone in autonomous haulage—achieving 2 billion tonnes hauled using Cat MineStar Command for hauling. Caterpillar has doubled the amount hauled in the 16 months since reaching 1 billon tonnes hauled in November 2018. “In just a bit over six years we’ve safely hauled 2 billion tonnes—a milestone we achieved significantly faster than our competitors,” said Sean McGinnis, MineStar Solutions product manager. “This milestone makes Command for hauling the most productive commercially available solution, and it’s something mining people are noticing.” Since commercially launching Command for… Read More Here
emeralds Emeralds International Mining in Zambia 

Gemfields launches second short film highlighting what makes emeralds special

arnbethnic
Gemstone miner Gemfields has launched the second of four short films, the latest edition of which is dedicated to the emerald – the birthstone of the month of May. The aim of these short films is to give viewers an understanding of what coloured gemstones really are, where they come from and what makes them special.  This follows on the launch of the inaugural video on responsible sourcing, which coincided with World Earth Day on April 22. Fine jewellery specialist and author of the book Emerald, Joanna Hardy explains that a high-quality gemstone… Read More Here
Global Covid-19 impact Covid-19 International 

Covid-19 impact: $6.9 billion out of global mining forecast

arnbethnic
Covid-19 impact has been huge on the mining industry across the globe as governments enforce lockdowns and quarantines and companies halt operations because workers and contractors can’t get on-site due to restrictions. S&P Global Market Intelligence in a new report tallies the Covid-19 impact of these mine closures, showing Africa and the Americas hardest hit in terms of the number of suspended operations. South Africa had closed 54 mines as at the end of last week, the US shut 42 and Mexico and Canada 29 and 28 apiece. In total, production at… Read More Here
emerald International Emeralds Mining in Zambia 

Gemfields upgrades security amid human rights concerns

arnbethnic
Gemfields is stepping up efforts to increase transparency and ensure security and human rights are protected at its operations. The company, which owns the luxury Fabergé jewellery brand, is the world’s biggest coloured gems producer, mining emeralds and rubies in Zambia and Mozambique, announced Monday that it is the only gemstone company to be recognized as a corporate member by Voluntary Principles on Security and Human Rights (VPSHR).    Jack Cunningham (left), Head of Sustainability at Gemfields engaging with community at its operations. (Image provided by Gemfields) Gemfields is stepping up efforts to increase… Read More Here
Occupation safety and health Mine Safety International Mining in DRC 

World Day for Safety and Health at Work 2020

arnbethnic
In the DRC, Nene Nkulu reminds employers of Government recommendations. The world celebrated World Occupational Safety and Health Day on Tuesday, April 28, 2020. The theme of the day was “Let’s look at Covid-19 with occupational health and safety to save jobs.” https://youtu.be/Bx7EHyygs6M On this occasion, the Minister of Labour and Social Welfare Néné Ilunga Nkulu recalled “the government’s recommendations to employers who must regularly communicate with employees, take the necessary hygiene and safety precautions, prioritise remote work, encourage infected employees to stay at home and send home those who… Read More Here
Gem diamonds Diamond Covid-19 International 

Gem Diamonds to restart Letšeng mine despite lockdown

arnbethnic
Gem Diamonds (LON:GEMD) said on Friday that the government of Lesotho has allowed it to resume operations at its Letšeng mine, even though the country is in lockdown until May 5.  Letšeng is the world’s highest dollar per carat diamond mine. (Image from: Gem Diamonds’ presentation.) The Africa-focused diamond producer noted that the mine will reopen on April 27, following a phased ramp-up plan and in compliance with protocols for preventing the spread of covid-19. LESOTHO’S MINE WILL REOPEN ON APRIL 27, FOLLOWING A PHASED RAMP-UP PLAN, IN COMPLIANCE WITH PROTOCOLS FOR PREVENTING THE… Read More Here
Recent Shutdown International 

Mine recent shutdowns plague metals worldwide

arnbethnic
The impact of the coronavirus pandemic continues to ripple through the global mining industry, with extended recent shutdowns in some regions, others allowing operations to resume, and industry giants warning they’ll rein in capital expenditure . Trucks transporting platinum ore for processing. Credit: iStock Unprecedented disruptions to mines and supply chains have thrown the outlook for industrial and precious metals into disarray, just as demand is hit by prospects for the steepest recession in almost a century. China, the top commodities buyer, recorded its first contraction in decades. The fallout… Read More Here
First quarter production result for the period ended 31 March 2020 2 Copper International 

First quarter production result for the period ended 31 March 2020

Copperbelt Katanga News
MMG Limited (MMG, the Company)  announced its first quarter 2020 production result, producing 91,911 tonnes of copper and 52,957 tonnes of zinc in the three months to 31 March. MMG’s first quarter copper production was 24 percent down on the prior period, largely impacted by operational challenges and community blockades which temporarily restricted inbound and outbound logistics at Las Bambas. The site faced additional disruptions to mining and production activities due to maintenance requirements and the enactment of Peru’s State of Emergency on 15 March in response to the COVID-19… Read More Here
Gold price rally back on track 3 International Gold 

Gold price rally back on track

Copperbelt Katanga News
The gold price rally continued on Wednesday as wild fluctuations in the financial markets increased, oil increased by a fifth and physical demand for the metal continued to increase. In the Comex market in New York, gold for delivery in June, the most active contract, rose up to $ 54.60 an  ounce, or 3.2%, to $ 1,742.40, wiping out the decline on Tuesday. Gold has risen more than $ 210 an ounce, or 14%, since the beginning of the year as investors flock to safe havens. A week ago, gold… Read More Here
Copper price plunges 4 Copper International 

Copper price plunges

Copperbelt Katanga News
Industrial metals fell back on Tuesday 21st April 2020 after a collapse in oil prices rattled markets and convinced traders that global demand destruction for commodities may be worse than feared. Copper trading in New York fell by 7.3% to $2.1495 a pound ($4,740 a tonne) in early afternoon trade, a three-week low. Last month, the bellwether metal briefly traded below $2.00, levels last seen during the global financial crisis of 2008-2009. Weakness in the copper price came despite early signs that activity in top metals consumer China is beginning to return… Read More Here

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