For over 30 years Teknikum, a Nordic mining product manufacturer, has differentiated from the competition with agile services and innovations. Today the offering includes the extremely durable Smart Hoses and bends with CERAMIC inner lining as well as customer-specific Mill Lining solutions and rubber lined pipes, valves and material development. The company is also a forerunner in wear monitoring solutions for highly abrasive environment. Teknikum’s team is dedicated to solving issues relating to grinding and corrosion protection.   When looking for process optimization, Teknikum’s polym ..read more

ABB and EcoHoist have executed a Memorandum of Understanding (MoU) to collaborate on the development of a vertical material transport solution for underground mines. The solution combines EcoHoist’s technology with ABB’s technical capability and experience in vertical ore haulage in mining, they say. The EcoHoist aims to improve on traditional vertical hoisting systems, by substantially reducing the size of the required mine shafts. This reduction in mine shaft size leads to a reduction in capital cost and construction time compared with skip hoist systems, the company says. The EcoHoist opera ..read more

Paladin Energy has successfully initiated uranium concentrate production and drumming at the Langer Heinrich Mine on March 30, 2024. The company’s immediate focus will transition to enhancing production rates and creating a substantial inventory of the finished product, in preparation for customer deliveries. With this new phase, Paul Hemburrow, the COO of Paladin, will oversee all operations at the Langer Heinrich Mine. In July 2024, Paladin will release operational guidance for the Langer Heinrich Mine for the fiscal year 2025. Ian Purdy, Paladin’s CEO, expressed his pride in reaching this ..read more

Morocco is actively engaging in discussions to bring more electric battery manufacturers into its fold, aiming to align its burgeoning automotive industry with the surging global interest in electric vehicles (EVs), stated Ryad Mezzour, the country’s Industry and Trade Minister. The automotive sector is currently leading Morocco’s industrial exports, boasting a $14 billion revenue in 2023, marking a 27% increase. The North African nation hosts production facilities for Stellantis and Renault, boasting a total annual production capacity of 700,000 vehicles, supported by a robust network of loca ..read more

NextSource Materials (TSX: NEXT)(OTCQB: NSRCF) has filed plans to establish a downstream battery anode facility (BAF) in Mauritius, aimed at refining graphite. This facility is poised to produce 3,600 tonnes of battery-grade graphite annually, with projections to expand output to 14,400 tonnes post-2024, as revealed in documents submitted to the local government. Sourced from NextSource’s Molo mine in Madagascar, the graphite will be refined and then exported from Port Louis, Mauritius’ capital and freeport zone. The push towards operationalizing graphite projects has intensified, particularl ..read more

The recent drop in iron-ore prices to around $100 per ton reflects a significant transformation in China’s commodity markets, favoring emerging sectors over traditional industries. On Monday, the price of this crucial steelmaking component fell to $95.40 per ton, hitting a 10-month nadir, before marginally recovering to the triple-digit range. This downturn highlights the ongoing impact of a persistent property market crisis in China, showing no signs of abating. Singapore futures had previously peaked at $143.50 per ton in early January, the highest since June 2022, underscoring the volatilit ..read more

Premium Nickel Resources Ltd. [TSXV-PNRL; OTCQX-PNRLF] has issued an update on its operations and disclosed new assay findings from its drilling program at the previously operational Selebi North underground nickel-copper-cobalt sulphide (Ni-Cu-Co) mine in Botswana. The company has previously disseminated results for 42 boreholes over eight announcements from November 14, 2023, to March 5, 2024. This announcement provides details on an additional borehole and offers a summary of results obtained so far, covering a total drilling extent of 18,120 meters across 50 boreholes. Keith Morrison, CEO ..read more

Shanta Gold (AIM: SHG), a company focused on gold exploration and production in East Africa, announced on Thursday that a significant majority of its shareholders have agreed to a final cash acquisition offer from Saturn Resources. Back in December 2023, Shanta had accepted a takeover proposal from Tanzania-based Saturn Resources amounting to £141.95 million ($180.7 million). At that point, Saturn Resources, a subsidiary of ETC Holdings, commented on the declining valuation of publicly traded gold companies, particularly pointing out that UK-listed African gold miners have seen their price to ..read more

The Democratic Republic of Congo has halted operations of nine subcontractors at mining sites operated by Eurasian Resources Group (ERG), introducing new challenges for the cobalt and copper giant in the region. On March 14, the government announced the suspension, claiming the companies did not comply with a law mandating control by Congolese nationals. The Regulatory Authority for Subcontracting in the Private Sector confirmed the sanctions remain effective after a recent discussion with the Kazakhstan-affiliated ERG. ERG is urged to “appoint authentic companies that have real Congolese own ..read more

Panafrican Equipment Kenya, a prominent supplier of heavy construction and mining machinery solutions in the region, has introduced its latest innovation in excavation technology: the groundbreaking Komatsu Excavator HB205-1. Described as a pioneering addition to their lineup of construction equipment, this Komatsu excavator represents a significant advancement in excavator technology. It combines advanced hybrid hydraulic systems with Komatsu’s renowned durability and performance. According to the firm, this excavator is designed to meet the evolving needs of modern construction projects whil ..read more