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Miners in Botswana stuck with gems worth billions

Owner De Beers, which mines and auctions most of its gems in Botswana, has barely sold any rough diamonds since February. Neither has Russian rival Alrosa PJSC. Now, as the coronavirus restrictions that froze the global industry for months begin to lift, the unsold diamonds present a dilemma: how to …

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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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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 …

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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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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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Explosion-proof hoists for Kusile coal conveyors

Condra has completed manufacture of eight explosion-proof, high-lift hoists – four of them articulated – for Tenova Bateman. All are custom-built, two-speed machines that utilise the modularity of Condra’s K‑Series to deliver performance capabilities precisely tailored to the individual requirements of each application. After commissioning at Kusile Power Station, the …

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