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Lualaba Uncategorized 

South African mines to resume 50% work

arnbethnic,
South Africa has allowed mining companies to resume operations at half their normal capacity as the government takes its first steps to ease a nationwide coronavirus lockdown.  All mining operations must observe strict health protocols, including screening and testing workers for coronavirus, Cooperative Governance Minister Nkosazana Dlamini-Zuma and Mines Minister Gwede Mantashe said in a televised briefing. The government is concerned about the risks of idling South Africa’s deep level mines for much longer, Mantashe said. Mponeng, in South Africa is the world’s deepest gold mine. (Image courtesy of AngloGold Ashanti)… Read More Here
Covid-19 Uncategorized 

The Hash Impact of COVID-19 on the Mining Sector

arnbethnic, ,
The World Health Organisation (WHO) has declared the COVID-19 outbreak a pandemic. At the time of writing there are over 400 000 confirmed cases across 194 countries. Even the most optimistic analysts expect a global recession. Mining companies have been affected by COVID-19 outbreaks, and global restrictions to encourage social distancing have meant that mining projects have either slowed or been put on hold until further notice. There is no doubt that mining executives are beginning to feel nervous as the spread of the virus accelerates. Share-prices of listed mining… Read More Here
DRC-Mining-Week Uncategorized 

DRC Mining Week Expo & Conference Moved to October 2020

arnbethnic, ,
Due to the current status of the global COVID-19 virus and the ban applied on mass gatherings by the government of the Democratic Republic of Congo, Clarion Events Africa (formerly Spintelligent) is rescheduling DRC Mining Week. The event, which was due to take place from 17-19 June, will now run from 7-9 October 2020. The venue – The Pullman Grand Karavia Hotel in Lubumbashi, DRC – remains unchanged. DRC Mining Week, on its 16th edition, will attract over 5,000 local and international mining stakeholders and influencers from across public and private sectors, doing… Read More Here
CAMINEX Expo Postponed to June 2021 1 Mining in Zambia Uncategorized 

CAMINEX Expo Postponed to June 2021

arnbethnic
The Copperbelt Agricultural & Commercial Show Society the organisers of CAMINEX 2020 (Copperbelt Agricultural Mining Industrial Networking Expo) regret to inform all its Partners, Exhibitors, Sponsors and both Foreign & Local visitors of the Postponement of CAMINEX 2020 which was scheduled to be held from the 2nd to 4th June 2020. This postponement is in line with the directive from the Minister of Agriculture with regards to holding Agricultural Shows and also the Government’s guidelines on the COVID-19 Pandemic.   CAMINEX is an important event for the Copperbelt of Zambia and… Read More Here
Ivanhoe's Operations Cobalt Copper Mining in DRC Uncategorized 

Ivanhoe’s Operations at Kamoa Kakula Copper Mine Continues

arnbethnic
Ivanhoe Mines has announced that, given the fast-evolving global impact of the COVID-19 pandemic, it is providing details on protective measures implemented while ensuring business continuity at the Kamoa-Kakula Project. In response to government-imposed travel restrictions and emergency protocols being introduced worldwide, strict quarantine and lock-down procedures have been implemented at all three of the company’s projects ─ Kamoa-Kakula, Platreef and Kipushi ─ to prevent the virus from spreading to the minesites. To date, no COVID-19 cases have been discovered. At Kamoa-Kakula, the minesite has been locked down and all… Read More Here
Fighting COVID-19 in the DRC 3 Uncategorized 

Fighting COVID-19 in the DRC

arnbethnic
Only weeks after the discharge of its last Ebola patient, the DRC has been hit by the coronavirus pandemic. Barbro Ciakudia examines the special problems this war-torn country faces in dealing with the virus and calls for solidarity from the diaspora. On 23 March 2020, the South African President, H.E. Cyril Ramaphosa, announced a three week lockdown in response to COVID-19. The President also confirmed that the military will be deployed in order to support the police in enforcing the nationwide lockdown. On the day of the speech, South Africa’s Department of… Read More Here
SA's Lockdown to hit Anglo American's 2020 Output 4 Uncategorized 

SA’s Lockdown to hit Anglo American’s 2020 Output

arnbethnic
Anglo American PLC announced on Friday that the three-week blockade by the South African government is expected to reduce iron ore production and export of thermal coal in response to the spread of the corona virus. The South Africa-based multinational mining company estimates iron ore production from its Kumba mine in 2020 will be 2 to 3 million tons, while thermal coal exports are expected to decrease by 1.5 million tons to 2 million tons for the year. Anglo American has said in recent days that similar restrictions in the… Read More Here
China copper inventories 4-yr high as supply swamps COVID-19 hit demand 5 Uncategorized 

China copper inventories 4-yr high as supply swamps COVID-19 hit demand

arnbethnic
Shanghai Futures Exchange copper inventories rose another 10% in the past week to their highest in almost four years amid signs China’s production is holding up even as demand struggles to recover from the impact of the coronavirus. Chinese steel stocks, meanwhile, remain at record highs, although the pace of the build has slowed. Inventories of copper climbed by 34,959 tonnes from the previous week to 380,065 tonnes, the exchange said on Friday. That’s the most since March 25, 2016. MORE THAN 58% OF PROPERTY AND INFRASTRUCTURE CONSTRUCTION PROJECTS IN… Read More Here
Mining under pressure to transition to renewable energy 6 Uncategorized 

Mining under pressure to transition to renewable energy

Copperbelt Katanga News
  The impact of the energy transition on the mining industry has been profound. It is one of the most energy-intensive industries in the world, accounting for an estimated 6.2% of the total global energy consumption. It has also historically been a disproportionately large contributor to global warming, through the intensive use of fossil fuels to power operations. But now there is a spotlight on the sector, with increased pressure to move towards renewable energy. While developments have been made, there remains increased pressure to reduce emissions. McKinsey reported that… Read More Here
Zimbabwe almost triples salaries for mineworkers, union says 7 Uncategorized 

Zimbabwe almost triples salaries for mineworkers, union says

Copperbelt Katanga News
Zimbabwe’s Associated Mine Workers Union has entered into an agreement with the mine chamber that will result in membership salaries almost tripling in the first quarter of 2020. “We managed to finalize an agreement for the mining industry from January to March 2020,” said AMWUZ President Tinago Ruzive in a statement. “The increase is based on the dollar value principle for those miners who may pay above the minimum amount for various reasons or merits.” The increase in the Southern African country, which is struggling with triple-digit annual inflation and… Read More Here

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