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Category: Press Release

Kibali Gold Mine Sets Benchmark for Sustainable and Automated Mining 1 Mining in DRC Electricity Gold Press Release 

Kibali Gold Mine Sets Benchmark for Sustainable and Automated Mining

Constance
KINSHASA, DEMOCRATIC REPUBLIC OF CONGO – Kibali, the largest gold mine in Africa, is now also one of the greenest mines on the African continent, Barrick president and chief executive Mark Bristow told media at a briefing on Monday January 29th. Much of the electricity that drives Kibali is already supplied by its three hydropower stations. Once the mine’s new 16 megawatt solar plant and additional battery energy storage infrastructure, designed to back up the hydropower supply during the region’s dry season, are commissioned, it is expected the mine’s overall renewable electricity… Read More Here
KANSANSHI US$1.25 BILLION S3 EXPANSION ON TRACK, SAYS FQM 2 Mining in Zambia Battery Metals Copper Press Release 

KANSANSHI US$1.25 BILLION S3 EXPANSION ON TRACK, SAYS FQM

Constance
SOLWEZI, ZAMBIA – As part of its 2023 Preliminary Production and 2024-2026 guidance issued on Monday, First Quantum Minerals Ltd has reiterated its commitment to delivering the ‘S3 Expansion’ project at the Kansanshi mine, near Solwezi, North-Western Province. The announcement was made as part of a stock market announcement providing guidance on recent and future production across the company’s operations. In May 2022 First Quantum reinforced its commitment to Zambia by investing US$1.25 billion in the Kansanshi mine, the largest investment into the Zambian mining industry in recent years. Known… Read More Here
Epiroc field trials battery-electric SmartROC D65 BE with Capital Limited 3 International Equipment & Technology Mining Equipment Partnership Press Release 

Epiroc field trials battery-electric SmartROC D65 BE with Capital Limited

Constance
Epiroc has partnered up with leading mining services company Capital Limited to field test the innovative SmartROC D65 BE, a battery-electric surface drill rig for the mining and construction industry. The battery-electric version of the well-known SmartROC D65 surface drill rig will be tested in Capital Limited´s African operations during 2024. The demand for zero emission or low emissions is high, as the world is pushing to transition from fossil-fuel-driven equipment to sustainably powered rigs. The field test of the SmartROC D65 BE is therefore important both for Epiroc and… Read More Here
UMK announces reduction in Manganese production 4 Battery Metals International Press Release 

UMK announces reduction in Manganese production

Constance
Johannesburg: United Manganese of Kalahari (UMK) announced today that, in response to the worsening market conditions, it will reduce the production of manganese ore and concomitant to that, the sale of its ore products, for the time being. “Softened demand side conditions have informed our decision to ease production and sales,” said UMK chief executive Malcolm Curror.  He added that the company will return to normalised outputs when the market recovers.  Curror noted that the temporary slowdown in production and sales will have no impact on the company’s employee body. … Read More Here
Barrick's Twiga Minerals Strengthens Gold Refining Alliance with Rand Refinery 5 International Gold Press Release 

Barrick’s Twiga Minerals Strengthens Gold Refining Alliance with Rand Refinery

Constance
Tanzania – Barrick Gold Corporation (Barrick), through its subsidiary Twiga Minerals Corporation, has sought to further streamline its gold refining activities by growing its partnership with Rand Refinery. Rand Refinery is a world-leading, LBMA-accredited gold and silver refiner based in South Africa. Rand Refinery completed its own on-site due diligence process of the Twiga operations in line with the LBMA’s Responsible Gold Guidance and the OECD Due Diligence Guidance. The majority of Twiga’s gold doré is now sent to Rand Refinery, with the balance continuing to be refined by MMTC PAMP. All… Read More Here
Caterpillar Showcases Sustainable Underground Solutions to Newmont 6 International Equipment & Technology Mining Equipment Mining technology Press Release 

Caterpillar Showcases Sustainable Underground Solutions to Newmont

Constance
 Caterpillar Inc. (NYSE: CAT) has successfully demonstrated its first battery electric prototype underground mining truck, growing its portfolio of battery electric and semi-autonomous technology for underground mining applications. The demonstration for Newmont and other industry leaders, at the company’s proving ground in Tasmania, Australia, comes on the heels of the 793 battery electric prototype surface mining truck, which was unveiled in November of 2022. Caterpillar developed its first battery electric prototype underground mining truck with voice of customer input and support from Newmont Corporation. The companies are collaborating to achieve… Read More Here
Ivanhoe Mines Closes C$575 Million Private Placement 7 Mining in DRC Exploration Press Release 

Ivanhoe Mines Closes C$575 Million Private Placement

Constance
 Ivanhoe Mines Ltd. (TSX: IVN) (OTCQX: IVPAF) (“Ivanhoe Mines” or the “Company”) announces that it has closed its previously announced private placement offering of 47,917,050 Class A common shares (the “Common Shares”) at a price of C$12.00 per Common Share for aggregate gross proceeds of approximately C$575 million (approximately US$430 million) (“the Offering”), including the full exercise of the 15% agent’s option granted to BMO Capital Markets, as sole agent, in connection with the Offering. Robert Friedland, Founder and Executive Co-Chairman of Ivanhoe Mines commented: “We would like to extend… Read More Here
FQM’S KANSANSHI SPENDS OVER 5 MILLION KWACHA ON SIX SOLWEZI CO-OPERATIVES 8 Mining in Zambia Copper Corporate social responsibility Press Release 

FQM’S KANSANSHI SPENDS OVER 5 MILLION KWACHA ON SIX SOLWEZI CO-OPERATIVES

Constance
Kansanshi Mining PLC has handed over two-million kwacha (K 2,000,000=00) to six co-operatives in Solwezi District, North Western Province as part of the mines support to small and medium enterprises aimed at uplifting the living standards of the people. Early this year, Kansanshi mine launched an initiative, ‘Tujipamo Community project’ as a pilot programme to support six co-operatives with finances to invest in different business activities, with the resources distributed quarterly. Kansanshi Mining Plc Contracts Manager, Pamela Chola said the mine had signed a Memorandum of Understanding to provide funds… Read More Here
FQM’S KANSANSHI MINE SETS NEW ENVIRONMENTAL MILESTONES WITH GREEN INITIATIVES  9 Mining in Zambia Copper Environment Social Governance (ESG) Press Release 

FQM’S KANSANSHI MINE SETS NEW ENVIRONMENTAL MILESTONES WITH GREEN INITIATIVES 

Constance
Plastic waste pollution has emerged as a pressing global issue, one that affects our environment, wildlife, and human health. The production and consumption of plastics have skyrocketed over the past few decades. And while plastic has undoubtedly revolutionised industries and made everyday life more convenient, its disposable nature has led to a crisis. However, transitioning to more sustainable practices, such as recycling and adopting alternative materials, can lead to cost savings and new economic opportunities, not just for the country but also for companies that consume plastics on a daily… Read More Here
Sandvik Launches Unified Mining Automation with AutoMine® for Underground Drills 10 Equipment & Technology Mining Equipment Press Release 

Sandvik Launches Unified Mining Automation with AutoMine® for Underground Drills

Constance
Sandvik Mining and Rock Solutions is introducing AutoMine® for Underground Drills, a cutting-edge tele-remote solution that enables operators to remotely and simultaneously control and supervise multiple automated Sandvik underground drills, increasing efficiency, safety and overall productivity in mining operations. With AutoMine® for Underground Drills, Sandvik Mining and Rock Solutions has become the first OEM to introduce a unified traffic management system for drills, loaders and trucks. “Sandvik’s holistic approach to integrate drills, loaders and trucks into the AutoMine® system will set a new standard for underground mining efficiency,” said Jouni… Read More Here

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