The Botswana government has named Canadian mining investment company Premium Nickel Resources Corporation. as the preferred bidder for its closed copper mining group BCL Limited. This announcement was made by the Permanent Secretary to the Ministry of Mineral Resources, Green Technology and Energy Security, Mmetla Masire. The exciting development comes …Read More »
Debswana Mining Company has revealed that it has terminated a $1.3 billion contract with a unit of Australia’s Thiess to extend the lifespan of its Jwaneng diamond mine and will carry out the project in-house. Debswana, which owned by De Beers and the Botswana government, declined to provide a reason …Read More »
Base metals have climbed this month on signs of progress in developing a drug to combat Covid-19, which would help economies reopen and global growth recover. But there are still immediate fears that fresh lockdowns – especially in the US – could bring renewed pressure on economic activity. The Trump …Read More »
Southern Africa’s mining, like other economic sectors, was hit hard by the COVID-19 pandemic as nations enforced lockdowns to curb the spread of the disease. However, with mixed fortunes experienced in 2020, a year afflicted by the latest coronavirus pandemic, the region’s mining sector is expected to perform better in …Read More »
Lausanne, Switzerland; Pix4D, technology pioneer and market leader in industrial photogrammetry software solutions, announces that it is starting a joint innovation project with SAP® to open up the market for drone-based, digital 3D inspections for telecommunications companies. SAP, a global leader in ERP (Enterprise Resource Planning) software, has included Pix4D …Read More »
GV Gold, also known as Vysochaishy, one of the fastest-growing Russian gold mining companies, has rolled out the Zyfra OpenMine fleet management system (FMS) at its Ugakhan Mine in Russia’s Irkutsk Region in Siberia. The implementation of the project has resulted in a year-on-year ore production volume increase of 11%. …Read More »
The announcement of a prolonged shut-down across many major African countries as a measure to contain the spread of COVID-19 could have dramatic negative effects on the economy of the entire continent. Africa’s GDP is largely driven by Small and Medium Enterprises (SMEs) and the informal sector that accounts for …Read More »
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 …Read More »
Mining sector’s evolution is in tandem with global demand for increased responsibility and sustainability.
The expectations and priorities of a modern-day investor in the mining sector have significantly changed in line with global demand for more responsible and sustainable extraction of mineral resources. ESG, referring to the performance of investment portfolios against Environmental, Social and Governance (ESG) standards, has firmly established itself across the …Read More »
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 …Read More »