The Future of Mining Summit in Botswana set for June
Mining Business Africa
by Anita Anyango
1h ago
The Future of Mining Summit, has been slated for 12th and 13th of June 2024. This initiative well-structured to address the complexities of the mining industry while also fostering collaboration and innovation for the benefit of Botswana’s economy and society. The summit, which is being organised with the Botswana Chamber of Mines (BCM) in partnership Projects Magazine and Stanbic Bank’s Citizen Economic Empowerment Programme (CEEP), will be held at Boipuso Hall, Fairgrounds in Gaborone Botswana. Future of Mining Summit The event is being supported by the government of Botswana through the Min ..read more
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Type II white diamond unearthed in Letšeng mine
Mining Business Africa
by Anita Anyango
1h ago
A Type II white diamond has been unearthed in Letšeng mine in Lesotho. Gem Diamonds made the discovery marking the fifth diamond over 100 carats recovered this year alone. Type IIa diamonds like this are prized for their purity, containing minimal or no nitrogen atoms, enhancing their value and appeal. The latest discovery is a 118.74-carat diamond. Letšeng’s reputation as one of the world’s foremost diamond mines is further solidified by its remarkable elevation, sitting at 3,100 meters above sea level. Challenges However, despite its success, the diamond industry as a whole faces challenges ..read more
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Nigeria unveils gender strategy in steel industry
Mining Business Africa
by Anita Anyango
1h ago
The Federal Government of Nigeria has launched a gender strategy in the steel industry. The move aims at fostering diversity, empowering women, and ensuring the sustainability of Nigeria’s mining and steel sectors. The strategy was introduced by the Ministry of Solid Minerals Development alongside the Women In Mining In Nigeria (WIMIN).According to Minister of Solid Minerals Development, Dr. Dele Alake the moral and strategic significance of promoting gender equality underscores the understanding that diversity drives innovation and enhances productivity, contributing to sustainable developmen ..read more
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Mines embrace digital innovations for safer tailings dams
Mining Business Africa
by Anita Anyango
1d ago
Technological and digital innovation is set to drive industry best practice in tailings dam management, spurred on by the Global Industry Standard on Tailings Management (GISTM) published three years ago. While many mining companies have invested considerable effort in meeting the first GISTM compliance deadline of August 2023, the real work starts now, according to James Dutchman, principal engineering geologist at SRK Consulting – which celebrates 50 years of consulting engineering excellence this year. Formed as engineering consultancy Steffen, Robertson and Kirsten in 1974 in Johannesburg ..read more
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Endeavour achieves first gold pour at Sabodala-Massawa BIOX
Mining Business Africa
by Anita Anyango
1d ago
Endeavour Mining plc has announced remarkable achievements at the Sabodala-Massawa BIOX Expansion project in Senegal. Ian Cockerill, the CEO, announced that the firm has made the first gold pour from the expansion project. Not only was the project completed on schedule and within budget, but it was also executed without any lost time injuries, demonstrating a strong commitment to safety and efficiency. The CEO, rightly praised the efforts of the projects team for their exceptional work in delivering the expansion project, as well as highlighting the company’s track record of completing capital ..read more
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Global gold demand stays strong, supporting record-high prices
Mining Business Africa
by Anita Anyango
1d ago
The World Gold Council’s Q1 2024 Gold Demand Trends report reveals that total global gold demand (inclusive of OTC purchases) was up 3% year-on-year to 1,238t, marking the strongest first quarter since 2016. Demand excluding OTC fell 5% to 1,102t in Q1 compared to the same period in 2023. Healthy investment from the OTC market[1], persistent central bank buying, and higher demand from Asian buyers, helped drive the gold price to a record quarterly average of US$2,070/oz—10% higher year-on-year and 5% higher quarter-on-quarter. Central banks continued to buy gold apace, adding 290t to official ..read more
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OPEC stands ready to support Namibia, says secretary general
Mining Business Africa
by Anita Anyango
2d ago
OPEC Secretary General Haitham Al Ghais expressed that the organization is excited about a future potential partnership with Namibia during the Namibia International Energy Conference (NIEC) – taking place in Windhoek, Namibia, this week. The country is preparing for first oil production from offshore finds by 2030, with development and appraisal programs currently underway. With offshore production, Namibia stands to become the fourth largest producer in Africa. “My message is that OPEC stands ready to support Namibia in this exciting new chapter in this development. We would be happy to inte ..read more
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Local content promoted at NIEC 2024
Mining Business Africa
by Anita Anyango
2d ago
The Namibian International Energy Conference (NIEC) 2024 opened in Windhoek with calls to prioritize ‘Namibian content’ – local content centred around empowering Namibian participation. Speakers underscored the role of capacity building and local content policies in the development of recent oil and gas discoveries, citing collaboration as a catalyst for energy security and economic prosperity. “Namibia has a unique opportunity to learn from the mistakes of the past and adopt the best practices of other successful petroleum economies as we proactively plan for a framework of local content regu ..read more
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Sandvik launches upgraded 800i cone crusher range
Mining Business Africa
by Anita Anyango
2d ago
Sandvik Rock Processing is introducing its upgraded 800i cone crusher series. A major talking point is the new ACS-c 5 automation and connectivity system, which integrates the capabilities of all of Sandvik’s crusher modules and subsystems into a single automation system. The upgraded Sandvik 800i cone crusher series is now available globally, effective March 1, 2024, confirms Nils-Peter Ahlqvist, Sales Support Manager, Africa & Latin America – Crushing Division at Sandvik Rock Processing. “The Sandvik 800i cone crusher range’s combination of high crushing forces, reliability and simplicit ..read more
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Epiroc unveils new remote drill rig
Mining Business Africa
by Anita Anyango
3d ago
Epiroc has added a new drill to their lineup of surface radio remote drill rigs. Building on the success of the SmartROC T25 R, this new model boasts impressive features aimed at enhancing productivity and efficiency in construction and quarrying operations. The new drill dubbed the SmartROC T30 R equipped with the Epiroc Rig Control System (RCS), offers advanced technology and automation capabilities within its segment. With 19 kW of drilling power, a wide coverage area, and excellent terrainability, operators can expect to achieve more drilled meters per shift compared to its predecessors. F ..read more
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