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North Kivu: Coltan Price Soars from $30 to $70 Amid M23 Rebel Control of Rubaya 1 Mining in DRC Coltan Regional conflict 

North Kivu: Coltan Price Soars from $30 to $70 Amid M23 Rebel Control of Rubaya

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Since the rise of the M23 rebels, supported by Rwanda, to control the mining town of Rubaya in North Kivu province, the cost of mining activities has significantly increased. According to local civil society, since the M23 rebels took over Rubaya, the price of a kilogram of coltan has soared from $30 to $70. Additionally, the daily wage for a digger has jumped from 10,000 Congolese francs (CDF) to 30,000 CDF. “1 kg of coltan, which sold for $30, now even raw sand sells for $70 per kilo. We believe… Read More Here
Can mining ever be sustainable? 2 International Environment Social Governance (ESG) 

Can mining ever be sustainable?

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In the greenest of ironies, the same technologies that could save us from the climate crisis rely on an industry whose environmental record is far from clean. Mining has run up a long list of troubling activities, from exorbitant water use to chemical pollution, the destruction of biodiversity and human rights abuses. On top of that, primary mineral and metal production is responsible for roughly 10 percent of global energy-related greenhouse gas emissions. Yet we need metals and minerals to manufacture electric vehicles, wind turbines, solar panels and batteries –… Read More Here
Epiroc releases fourth generation of Titan Collision Avoidance System 3 International Equipment & Technology Mining Equipment 

Epiroc releases fourth generation of Titan Collision Avoidance System

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Epiroc, following its acquisition of Mernok Elektronik (Pty) Ltd in December 2022, has released the fourth generation of the Titan Collision Avoidance System (CAS), it says bringing significant advancements to enhance safety and operational efficiency in mining environments.  The latest iteration, Titan CAS Generation 4, builds upon the success of its predecessors by incorporating several key improvements tailored to meet the evolving needs of the mining industry. “The Generation 4 Titan CAS is an advanced system that raises the bar for safety and efficiency. It has been designed to meet… Read More Here
Glencore Canada gets federal funding boost for all electric mining fleet at Onaping Depth 4 International Equipment & Technology Mining Equipment 

Glencore Canada gets federal funding boost for all electric mining fleet at Onaping Depth

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Canada’s pollution pricing system creates incentives for industries to reduce their greenhouse gas emissions, drives innovation and sustainable business practices, and fosters a cleaner, more environmentally responsible future. Through the Decarbonization Incentive Program, the Government of Canada returns a portion of the proceeds collected from the federal pollution price on large industrial emitters to support clean technology projects. It says this funding will enable eligible facilities to achieve greater energy efficiency, adopt sustainable solutions, and reduce their emissions to help build a low‑carbon world. On May 10, on behalf of… Read More Here
Renewed Clashes in North Kivu: Fighting Between M23/RDF Rebels and FARDC Escalates 5 Mining in DRC Regional conflict 

Renewed Clashes in North Kivu: Fighting Between M23/RDF Rebels and FARDC Escalates

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Renewed fighting between M23/RDF rebels and the Armed Forces of the Democratic Republic of Congo (FARDC), supported by the Volunteers for the Defense of the Fatherland (VDP), commonly known as “Wazalendo,” resumed on Monday, May 13, in several areas of Masisi territory, North Kivu. The clashes are particularly concentrated in Katale and Biteete, approximately 13 kilometers from Masisi center, the territory’s capital. Tensions and Massive Population Displacements Voltaire Batundi, president of Masisi civil society, reported that the fighting had moved closer to Masisi center, causing a massive exodus of residents… Read More Here
Sibanye-Stillwater Achieves Record Safety Milestone in Q1 6 International Mine Safety Mining safety Safety & Health 

Sibanye-Stillwater Achieves Record Safety Milestone in Q1

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Sibanye-Stillwater reported its lowest group Serious Injury Frequency Rate (SIFR) in history for the first quarter ending March 31, with a rate of 2.19. This marks a 15% reduction from the same period last year and is the third consecutive annual improvement since Q1 2021 when the SIFR stood at 4. “The continued improvement in group safety performance year-on-year is pleasing, confirming that our safety strategy continues to gain traction and that we remain on track for a further reduction of risk for all safety incidents,” said Sibanye CEO Neal… Read More Here
South Africa Was Africa's Top Gold Producer in 2023 7 International Gold 

South Africa Was Africa’s Top Gold Producer in 2023

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In 2023, global gold investment trends show that production reached over 3,000 tonnes, with Africa contributing 370 tonnes, or 11.67%. Despite holding around 40% of the world’s gold reserves, Africa’s output, led by South Africa, Ghana, and Mali, suggests potential for growth. Smuggling issues, particularly in the DRC, impact accurate accounting, with an estimated $3 billion in gold annually misattributed due to illegal trade. China topped the 2023 production charts, accounting for 12% of global output, and led as the largest buyer with its central bank purchasing 225 tonnes. Gold… Read More Here
African Copper Powerhouses Set to Meet Growing Global Copper Demand 8 Mining in DRC Copper Mining in Zambia 

African Copper Powerhouses Set to Meet Growing Global Copper Demand

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The leading copper producers globally in 2023 were Chile, Peru, the DRC, China, and the United States, together accounting for 59% of worldwide output, or around 21.5 million tonnes. Amid economic recovery and market speculation, copper prices surged, hitting about $10,000 per ton. Investment banks, like Goldman Sachs, anticipate further price increases due to persistent supply deficits expected from 2024. Africa, particularly the DRC and Zambia, is also emerging as a significant player in copper production, with the potential to fill the growing supply gap projected to reach 10 million… Read More Here
Rwanda Ready to Drop "Conflict Mineral" Accusations Against Apple 9 Mining in DRC Battery Metals Cobalt Copper 

Rwanda Ready to Drop “Conflict Mineral” Accusations Against Apple

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Rwanda has strongly denied accusations from the Democratic Republic of Congo (DRC) that Apple sources conflict minerals from a disputed area within the DRC. Rwandan government spokeswoman Yolande Makolo labeled these allegations as “baseless” and suggested they are part of ongoing attempts by the DRC to shift media focus onto Rwanda by leveraging Apple’s global profile. Apple has responded by reaffirming its commitment to responsible sourcing, stating it has verified the origins of minerals in its supply chain and found no evidence of financing armed groups in the DRC as… Read More Here
Endeavour Mining Successfully Completes Senegal Mine Expansion Project 10 International Gold New Mining Projects 

Endeavour Mining Successfully Completes Senegal Mine Expansion Project

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Endeavour Mining recently announced the successful pouring of the first gold from its Senegal mine expansion project, marking a significant milestone achieved on April 18. This achievement signals the timely and within-budget completion of the BIOX expansion initiative, supported by Egyptian billionaire Naguib Sawiris. The project, which commenced construction two years ago, underscores Endeavour Mining’s commitment to meeting its 2024 output guidance, aiming for a gold production between 1.13 million and 1.27 million ounces. Lawrence Manjengwa, head of operations at Sabodala Gold Operation/Massawa, led the expansion effort, positioning it for… Read More Here

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