On 4 April 2022, the copper price rose despite lingering demand concerns in top consumer China. Copper for delivery in May rose 2.3% from 1 April 2022’s settlement price, touching $4.790 per pound ($10,538 per tonne). Trading was sluggish as Chinese financial markets were closed for a public holiday, but …
Read More »Securex, A-OSH Expo, Facilities Management Expo – and now Firexpo – all confirmed for 2022
Specialised Exhibitions, the largest trade show organiser in Southern Africa, is pleased to announce that its Securex South Africa, A-OSH Expo and Facilities Management exhibitions are confirmed to go ahead for 2022, with the exciting addition of Firexpo to the Securex show. The four trade shows will take place from …
Read More »BHP reports lower volumes at Olympic Dam due to a planned smelter maintenance campaign
BHP has reported lower volumes at Olympic Dam due to a planned smelter maintenance campaign, completed in January 2022. This was partially offset by higher volumes at Antamina. Escondida copper production decreased by 15% to 488 000 t due to concentrator feed grade decline, despite a record performance for material …
Read More »Online platform to connect miners with customers
Global mining industry captains launched an online platform to connect miners with customers such as smelters and sign deals without the need of brokers. In a complete walk away from traditional physical trading of minerals between producers, middlemen and buyers, the global mining industry is fully transiting into digital operations. …
Read More »‘GIP brings established global capabilities to the Pluto Train 2 JV’
ASX-listed Woodside CEO, Meg O’Neill, has revealed that the company is looking forward to developing Pluto Train 2 in close collaboration with GIP as they bring vast global capabilities. Woodside Energy has completed the sale of a 49% non-operating participating interest in the Pluto Train 2 joint venture (JV) to …
Read More »Element25 explains economic benefits of the proposed Asia project
ASX-listed Element25 (E25) has revealed that it is now moving to a definitive feasibility study for the high purity manganese sulphate monohydrate (HPMSM) facility, which is likely to be finalised in the second half of 2022. A scoping study into the HPMSM plant has confirmed the economic benefits of the …
Read More »Tanzania is reaping the benefits of its enormous mineral resources
Tanzania is reaping the benefits of its enormous mineral resources thanks to important operational reforms done by the State Mining Corporation (STAMICO). Since its inception in 1972, the mining corporation has gone from strength to strength, reducing its reliance on the government from 100% to only 22% now. Dr Dotto …
Read More »Akobo Minerals, MIDROC signs second core-drilling rig deal
Norway-based gold exploration company, Akobo Minerals will soon be working with a total of three core drilling rigs in the field, including one company owned drill rig. The company is currently doing exploration and small-scale mine development in the Gambela region and Dima Woreda, southwest Ethiopia. The additional drill rig …
Read More »Global mining economy finished the year and commenced 2021 on an upswing with continuing strong contributions to the global economy
2020 was a remarkable year for the global mining industry. The impact of the covid-19 pandemic was felt early and hard by the global mining industry through shutdowns of mines, ports and rail and other transportation infrastructure, with shipments stranded at sea or caught in port and with inconsistent restrictions …
Read More »Pix4D is at InterGeo to showcase terrestrial RTK scanning solutions, new licenses and promotions
The 2022 edition of Investing in African Mining Indaba, originally scheduled for February has been moved to May 2022. Organisers of the event said the decision was made following extensive consultation with partners, key stakeholders across the mining value chain and government ministers. “Collectively we decided, due to ongoing challenges …
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