Business

How will multinational mining companies respond to investors’ growing focus on environmental, social and governance (ESG) issues?

Despite the short-to-midterm challenges of the global pandemic, the biggest challenge for multinational mining companies over the next decade will be responding to investors’ growing focus on environmental, social and governance (ESG) issues. As a focal point of how seriously the extractives industries are now taking ESG investing, over the …

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Goldfields innovation protects underground mine access

World-leading autonomous solutions specialist RCT has fulfilled requests from mining clients and devised a unique warning system designed to prevent oversized equipment from getting stuck inside underground mining portals. Staff from RCT’s branch in Kalgoorlie, Western Australia were separately approached by two major mining clients in the Goldfields and asked …

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Mining operations set to go on full swing

Operations at different mining sites in Botswana are set to restart after they were on hold following a national lockdown in April this year. Botswana mining companies among them Debswana Diamond Mine, Lucara Diamond Mine and Khoemacau copper mine paused activities on April 2 when the coronavirus-related restrictions began. Operations …

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Electra Mining Africa 2020 Cancelled

Organisers of Electra Mining Africa have announced that the 2020 show, due to take place from 7-11 September at the Expo Centre in Johannesburg, South Africa, has been cancelled due to the COVID-19 pandemic. The next edition of the show will be held from 5-9 September 2022 at the same …

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Giyani raises funds to advance feasibility study at Botswana project

TSX-V-listed Giyani Metals’ non-brokered private placement financing has closed. The private placement, announced on May 19, was fully subscribed and comprised 15-million units for $0.08 a unit for gross proceeds of $1.2-million in immediately available new funding. The net proceeds from the placement will be used to fund the advancement …

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How successful are mines’ efforts to restore livelihoods?

Restoring the livelihoods of households affected by resettlement is fraught with challenges, so it is vital that mines begin the process early and carefully monitor to see what is working and what is not. According to SRK Consulting, it is only quite recently that livelihood restoration has become a focus …

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Rio Tinto approves $749 million investment

Rio Tinto has approved a $749 million (A$1 billion) investment in its existing Greater Tom Price operations to help sustain the production capacity of its world-class iron ore business in the Pilbara of Western Australia. The investment in the Western Turner Syncline Phase 2 (WTS2) mine will facilitate mining of …

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Botswana’s mining production declines by 8.7% in Q2 2019

Mining production in Botswana decreased by 8.7 per cent in the second quarter of 2019, compared to the second quarter of 2018, the latest statistics released by the Statistics Botswana reveal. Announcing the latest production figures, Statistician-General, Dr Burton Mguni said the main contributor to this reduction in the index …

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Botswana happy with De Beers partnership

The government of Botswana seems to be with what diamond miner, De Beers are doing in the country as the two parties are said to be in talks to renew the contract. Botswana President Mokgweetsi Masisi said that his government is in negotiations with De Beers to renew a sales …

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Feasibility confirms positives boost at Karowe underground

Lucara Diamonds’ underground development at Karowe diamond mine in Botswana is set to receive a massive boost as a new feasibility study confirmed that it could double the mine life operation. Open-pit mining at the operation is expected to last until mid-2025. According to the company, for a pre-production capital …

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