Press Release - Copperbelt Katanga Mining

Barrick Provides Detailed Response to Unsubstantiated UN Human Rights Allegations

June 21, 2024June 21, 2024 Constance

Barrick yesterday published its detailed response to a widely circulated ‘Joint Communication’ from the United Nations Human Rights Council (UNHRC) Special Procedures Branch making allegations regarding, predominantly, police conduct in the areas related to the North Mara gold mine in Tanzania, saying the letter is replete with misconceptions and inaccuracies. Barrick president and chief executive Mark Bristow said the authors of the letter presented allegations as facts and had used inaccurate and outdated information from international human rights NGOs which Barrick thoroughly refuted at the time they were published. “It concerns us… Read More Here

Transport and Logistics Angola Mining in DRC Mining in Zambia Press Release

Lobito Atlantic Railway orders new container wagons to transport goodsvia the Lobito Corridor

June 19, 2024June 19, 2024 Constance

Lobito, Angola, 19 June 2024 – The Lobito Atlantic Railway (LAR), the concession holder for the operation, management and maintenance of the Lobito Corridor, has placed an order for 275 new container wagons from South African company Galison Manufacturing for an undisclosed sum. The container wagons will be delivered in three tranches with the first wagons due to arrive in Lobito from the fourth quarter of this year. They will be able to carry 10, 20 and 40 ft long containers, giving flexibility for the load transported. This order is… Read More Here

Press Release International Mining technology News in Brief

Ivanhoe Electric Addresses Misleading Media Reports on Recent Registration Statement Filing

June 15, 2024June 15, 2024 Constance

PHOENIX, ARIZONA – Ivanhoe Electric Inc. (“Ivanhoe Electric”) (NYSE American: IE; TSX: IE) clarifies certain misleading media headlines speculating that Saudi Arabia Mining Company (“Ma’aden”) will sell Ivanhoe Electric shares under the recently filed Registration Statement. The Registration Statement was filed pursuant to an obligation in the Investor Rights Agreements (“IRA”) entered into between Ivanhoe Electric and Ma’aden at the time of Ma’aden’s initial investment in Ivanhoe Electric. The IRA was previously disclosed and filed on July 6, 2023. Ma’aden has confirmed, consistent with what was disclosed in the Registration Statement, that it has… Read More Here

Mining in Zambia Emeralds Infrastructural Development Press Release

Kagem Mining Limited Funds Groundbreaking of Chapula Polytechnic, Zambia’s First Official Polytechnic

June 8, 2024June 8, 2024 Constance

Today, the Minister of Technology and Science, Hon. Felix Mutati, MP, led the groundbreaking ceremony signalling the start of construction work for Chapula Polytechnic in Lufwanyama – Zambia’s first official polytechnic. The ceremony demonstrates Kagem Mining Limited (Kagem)’s commitment to fulfilment of the Memorandum of Understanding (MoU) it signed with the Government in September 2023, in which the mine committed to the construction of the centre at an estimated cost of ZMW 52.5 million (USD 2.5 million). The centre will aim to provide local people from Lufwanyama and other areas surrounding… Read More Here

International Gold Press Release

Barrick and Zijin Contribute $1 Million to Support Papua New Guinea Landslide Victims

June 7, 2024June 7, 2024 Constance

Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) and JV partner Zijin Mining Group announced today that they would jointly contribute US$1 million (Kina 3.8 million) to help communities in Papua New Guinea’s Enga province in the wake of a landslide in Mulitaka that has claimed an estimated 600 lives. A team of senior Barrick executives has spent the week in PNG visiting the disaster site and working with the provincial and national governments as well as officials from the United Nations, the Asian Development Bank, Australia, New Zealand and the United States to… Read More Here

Mining in DRC Copper Press Release

Ivanhoe Mines Completes Construction of Kamoa-Kakula’s Phase 3 Concentrator Ahead of Schedule and on Budget

May 28, 2024May 28, 2024 Constance

First ore to Phase 3 concentrator achieved on May 26; first Phase 3 concentrate expected in early June Phase 3 concentrator increases Kamoa-Kakula copper production capacity to more than 600,000 tonnes per annum, making Kamoa-Kakula the fourth-largest copper mining complex globally Further Kamoa-Kakula growth initiatives in progress, including Project 95, de-bottlenecking of Phase 3 and potential acceleration of Phase 4 expansion Zero lost-time injuries recorded during the construction of the Phase 3 concentrator Phase 1 and 2 concentrators produced more than 63,000 tonnes of copper since start of April; a… Read More Here

Copper Exploration Mining in Zambia New Mining Projects Press Release

BeMetals Discovers Extensive Copper Mineralization in Zambian Copperbelt

May 23, 2024May 24, 2024 Constance

BeMetals Corp. (TSXV: BMET, OTCQB: BMTLF, Frankfurt: 1OI.F) (the “Company” or “BeMetals”) has announced that three of four new core holes have intersected significant copper sulphide mineralization at the Pangeni Copper Project in Zambia (the “Project” or the “Property”). Today’s new analytical results support and enlarge the Company’s discovery of extensive zones of copper mineralization covering more than 1.7 kilometres of strike length under sand cover. Importantly, the copper mineralization bears many of the hallmarks in terms of style, width, grade, and geology to deposits that are mined in the Domes… Read More Here

Mining in Zambia Emeralds Press Release

Gemfields aids authorities in securing prison sentences for bribery totalling 5 years 9 months

May 16, 2024May 16, 2024 Constance

The former chief of staff to Andry Rajoelina, the President of Madagascar, was jailed for three and a half years by a London court on Friday 10 May 2024 for soliciting a bribe from Gemfields, the 75% owner of Kagem Mining Ltd. The former chief of staff, Romy Andrianarisoa (47) and her French accomplice, Philippe Tabuteau (54) sought nearly USD 300,000 by wire transfer plus 5% of any Gemfields mining operation in Madagascar in return for assisting Gemfields in establishing a gemstone joint venture in the country. Tabuteau, who had… Read More Here

International Equipment & Technology Mining Equipment Press Release

Sandvik Coromant enhances sustainability insights with Productivity Analyzer

May 13, 2024May 13, 2024 Constance

Tooling solutions provider Sandvik Coromant introduces advanced sustainability features in its Productivity Analyzer tool, enabling precise measurement of energy consumption and carbon footprint for customers in the manufacturing industry. The updated analyzer offers detailed sustainability metrics, including energy usage per manufactured component, yearly energy consumption and CO2 emissions. New parameters such as efficiency and energy cost empower manufacturers to optimize operations for reduced environmental impact. Trials with a leading automotive manufacturer demonstrated a significant 15% increase in productivity, credited to the analyzer’s comprehensive analysis capabilities. By analyzing machine and tool costs… Read More Here