International - Copperbelt Katanga Mining

Endeavour boss donates third of salary to fight covid-19

April 21, 2020April 22, 2020 Copperbelt Katanga News

Canada’s Endeavor Mining announced Tuesday that its CEO Sébastien de Montessus will donate 30% of its base salary on efforts to fight the coronavirus pandemic. Other members of the management team have also committed to give part of their salaries for the next three months, the company said. Endeavor will pool the funds to receive a total $ 1 million donation, which, together with previous spending on community initiatives, will increase the miner’s total donation to $ 6 million. The West African miner also said that employees who tested positive… Read More Here

International Mine Safety

First Quantum to evacuate 800 people from Cobre

April 20, 2020April 20, 2020 arnbethnic

A subsidiary of Canada’s First Quantum Minerals (TSX: FM), has announced that it is working towards taking home some 800 people currently in preventive quarantine at its Cobre Panamá operation. In a media statement, the miner explained that 2,000 people were stuck at the mining complex when it entered into lockdown following the detection of covid-19 infections among contractors and the death of one worker. (Image courtesy of Minera Panamá). COBRE PANAMÁ IS 90% OWNED BY FIRST QUANTUM MINERALS. THE MASSIVE MINING COMPLEX IS LOCATED ABOUT 120 KILOMETRES WEST OF PANAMA CITY AND… Read More Here

Covid-19 International

Covid-19 live timeline

April 18, 2020April 18, 2020 arnbethnic

COVID-19 Powered by GlobalData Epidemiologist Daily Update: Covid-19 death toll nears 145,000 – cases on the increase in Belgium 18 April As of 17 April 2020, the global Covid-19 case count now exceeds 2,154,000 cases. The number of people dying from Covid-19 in the world is now at 143,844. In the European region, it’s notable that the number of cases are increasing in Belgium with a total of 34,809 cases, placing the country in rank just after the UK, though the gap between the two countries is large. More than… Read More Here

International

Canadian mining symposium goes digital

April 18, 2020April 18, 2020 arnbethnicDigital Expo, Expos, Symposium

Due to the ongoing covid-19 pandemic, MINING.COM’s sister publication, The Northern Miner, is transforming the 2020 Canadian Mining Symposium into an online e-conference. While this changes the format of the Canadian Mining Symposium, it also creates new opportunities as it can now accept more delegates, broadcast exclusive content from different parts of the world, and achieve new levels of interaction between delegates and presenters. “CHANGES TO THE FORMAT OF THE CANADIAN MINING SYMPOSIUM CREATE NEW OPPORTUNITIES, AS IT CAN NOW ACCEPT MORE DELEGATES” The Northern Miner has secured four additional… Read More Here

International

Official Data Confirms that Men, the Elderly Most Likely to Die from Coronavirus

April 17, 2020April 17, 2020 arnbethnic

COVID-19 was the third most common cause of death in England and Wales last month, new Office Of National Statistics (ONS) data reveals. Almost one in ten deaths in March involved Covid-19. The number is an average across the entire month – including the early days before the outbreak took hold – and is expected to be higher in April as the virus spread rapidly. The figures come from an in-depth ONS study of all deaths in March registered up to April 6 where Covid-19 was involved. It found more than nine… Read More Here

International Mining technology

German GHH launches a new ‘streamlined’ 45t dump truck

April 13, 2020April 13, 2020 arnbethnic

German heavy machinery manufacturer GHH has released its newest dump truck model, the MK-45 The machine features a 45-tonne payload, a dump volume of 19-24m3, an improved dumping angle of 68° and good ergonomics. GHH said it is not only one of the largest units of its kind, but it is also the newest model in its product range. At its heart is a 460-kilowatt Mercedes OM473 engine that fulfills Stage V emission standards (GHH also offers Tier 3 and 4 versions), or alternatively a Volvo TAD1651 or 1671 is available.… Read More Here

Gold International

Armed group robs Mexican gold mine, flees in plane

April 11, 2020April 11, 2020 arnbethnicGold, Gold Bars, Mexico, Mulatos Mine

An armed group stormed a gold mine in northern Mexico and stole bars of gold and silver alloy before fleeing in a light aircraft, mine operator Minas de Oro Nacional said. Minas de Oro Nacional, a subsidiary of Canadian firm Alamos Gold Inc., said in a statement late on Wednesday that the robbery at the Mulatos mine in Sonora state occurred when a group of five “heavily armed” people assaulted security staff who were transferring bars of the precious metals onto a plane. The Mulatos open-pit mine is part of… Read More Here

International

Are Mining Companies Helping Fight Covid-19?

April 11, 2020April 11, 2020 arnbethnic

It’s been four weeks since the Covid-19 coronavirus outbreak was declared a pandemic by the World Health Organisation (WHO). To date, the virus has been detected in 209 countries and territories worldwide, with the total number of confirmed cases approaching 1.5 million at the time of writing. A number of mining companies have committed resources to the fight against coronavirus. The coronavirus outbreak and associated government responses worldwide have created a difficult start to 2020 for mining companies – the pandemic has so far wiped $282bn from the market value of the top… Read More Here

International

First Quantum Halts Over 1 Covid-19 Death at Cobre Panama

April 8, 2020April 8, 2020 arnbethnic

First Quantum Minerals (TSX: FM) announced Tuesday that the company has received an order from the Ministry of Health of the Republic of Panama (MINSA) to temporarily suspend labour activities at its Panamanian subsidiary as a sanitary control measure due to covid-19. The order was issued just one day after a worker at the company’s Cobre Panama operation died of complications caused by the novel coronavirus infection. Two weeks earlier, it was reported that several workers at the site had contracted the virus. THE TEMPORARY SUSPENSION OF COBRE PANAMA IS EXPECTED TO COST $4-6 MILLION… Read More Here

International

Covid-19 wipes $282bn from the top 50 mining companies

April 8, 2020April 8, 2020 arnbethnic

The ongoing coronavirus Covid-19 pandemic has so far wiped $282bn from the value of the top 50 mining companies worldwide, according to new figures published by Mining.com. The figures show a struggling industry overall, despite a resurgent gold price in recent months. The top 50 companies by market value compiled by Mining.com showed a combined market value of almost $1tn in 2019, after adding close to $160bn in market capitalisation over the previous year. In the first quarter of 2020, the top 10 mining companies lost a combined $170bn in market… Read More Here