Nornickel, the world’s largest palladium producer, is exploring new technologies to sustain demand for palladium, particularly in China, as the rise of electric vehicles diminishes the need for the metal in traditional internal combustion engine (ICE) vehicles. The company is partnering with Chinese universities and industries to develop applications in hydrogen production and water purification, which could generate up to 15 tons of new, long-term palladium demand. As China leads the charge in green technologies, Nornickel is positioning itself to meet the evolving demand and maintain its market dominance through innovation and collaboration.
Category: FUTURE OF MINING
Increasing Wave of Illegal Miners Resurfacing from North West Mineshaft
Nearly 600 illegal miners have resurfaced from a Stilfontein mineshaft in North West South Africa, following intensified police and South African Defence Force (SANDF) interventions aimed at curbing illegal mining activities. Many of these miners, who have spent over a year underground, primarily hail from neighboring countries like Mozambique and Lesotho, seeking better economic opportunities. Upon emerging, they are met by law enforcement officials who arrest them and provide basic necessities while awaiting legal processing. This situation highlights the urgent need for comprehensive solutions to the illegal mining crisis, as it poses significant humanitarian, legal, and socio-economic challenges for both the individuals involved and the broader community.
PowerROC T35: Enhanced Efficiency and Performance with Epiroc’s Next-Gen Drill Rig
Epiroc has introduced an upgraded PowerROC T35, a next-generation surface drill rig aimed at the global quarrying and construction markets. This new model, touted as […]
Strengthening Africa’s Critical Mineral Sector: Major Investments Fueling Economic Growth
In September 2024, the Industrial Development Corporation of South Africa (IDC), along with the Development Bank of Southern Africa (DBSA) and Tanzania’s CRDB Bank, announced a significant $179 million investment in Tanzania’s Mahenge Graphite Project. This financing aims to capitalize on the growing demand for energy transition metals, positioning Tanzania as a key player in the global market with an output of 347,000 tons per annum. The funding reflects a broader trend of African nations seeking to reduce reliance on foreign financing while gaining greater control over mining projects. As regional financial institutions bolster support for critical mineral initiatives, the upcoming Critical Minerals Africa (CMA) 2024 summit will explore innovative investment opportunities and local financing mechanisms, highlighting Africa’s vast potential in the critical minerals sector.
Akobo Minerals Announces Major Milestone in Segele Mine Development, Moving Towards Full-Scale Ore Extraction
Akobo Minerals has achieved a significant milestone in the development of its Segele mine with the completion of the crosscut between the Western and Eastern tunnels. This critical infrastructure enhances operational efficiency and safety, allowing the team to transition from development to stoping activities. The crosscut improves ventilation and provides a secondary exit route, boosting worker safety.
As the company prepares to extract high-grade ore from the richest section, Stope 01, discussions among stakeholders reflect optimism for increased production and financial stability. The mining community is closely monitoring these developments, anticipating a transformative phase for Akobo Minerals as it positions itself for significant growth in the region’s mining sector.
CMA 2024 Summit to Explore China’s Expanding Role in Africa’s Copper Industry
The Critical Minerals Africa (CMA) 2024 Summit will explore China’s growing influence in Africa’s copper industry, highlighting major investments in mining projects across the continent. With over $50 billion in pledged financing, China is helping Africa boost its copper production to meet global demand for energy transition minerals. The summit, taking place November 6-7 in Cape Town, will bring together industry leaders to discuss the future of African mining and its impact on the global supply chain.
Overcoming the Barriers to Africa’s Mineral Potential
Africa’s vast mineral wealth holds the key to the global energy transition, yet the continent remains hindered by a lack of systematic geological mapping, inadequate infrastructure, and outdated mining practices. Despite holding a fifth of the world’s metal reserves, Africa struggles to fully tap into this potential. To unlock these resources and transform the continent’s role in the global mineral market, significant investments in advanced technologies, infrastructure, and value-added processing are essential. The future of Africa’s mineral sector depends on overcoming these barriers and seizing the opportunities that lie ahead.
Zambia’s Proposed Minerals Law Risks Undermining Copper Investment and Production Goals, Industry Experts Warn
Zambia’s new Minerals Regulation Commission Bill, designed to increase government control over mineral resources, is raising alarms in the mining sector. Industry experts warn that the bill’s provisions, including potential forced state acquisitions, could deter foreign investment and jeopardize the country’s goal of boosting annual copper production to 3 million metric tons. As Zambia strives to position itself as a leading copper producer, the proposed law may inadvertently create new challenges in attracting and retaining essential investments.
Advancing Construction Efficiency with the Cat® 745 Articulated Truck
The CAT 745 is a powerhouse in the realm of heavy-duty construction equipment, designed to maximize productivity and efficiency. Boasting a 41-ton payload capacity and a 25 m³ heaped volume, it features the robust Cat C18 engine known for its durability and fuel efficiency. The CAT 745 is equipped with advanced technologies like automatic traction control, ECO mode for fuel savings, and stability assist systems, ensuring both operator safety and machine performance. With an emphasis on operator comfort, the spacious cab includes improved visibility, reduced noise levels, and intuitive controls, making it a reliable choice for demanding construction projects.
Resolute Mining – A Beacon of Success in African Gold Mining
Resolute Mining, a leader in African gold mining, boasts over three decades of expertise, with operations in Mali, Senegal, and Guinea. The company is committed to sustainable growth through extensive exploration, aiming to discover new deposits and expand existing resources. Resolute’s dedication to community engagement and responsible resource management underscores its mission to support regional development and environmental stewardship, making it a beacon of innovation and success in the mining sector.
The Industry Exclusive E-Drive 944X-Tier Wheel Loader: A Revolution in Power, Sustainability, and Reliability
Introducing the Industry Exclusive E-Drive 944X-Tier Wheel Loader, the ultimate powerhouse in heavy machinery. With its John Deere PowerTech™ engine, innovative E-Drive system, and unmatched features, the 944X-Tier delivers unparalleled power, sustainability, and reliability. This machine captures and stores kinetic energy during braking, reduces fuel consumption, and minimizes environmental impact. Designed for cost efficiency and longevity, the 944X-Tier redefines performance with exceptional pushing power, quick ramp-climbing ability, and advanced traction control. Experience the future of heavy-duty applications with the “King of the Load” – where innovation meets efficiency.
The 410P Tier ADT: Built for Power, Redesigned for Performance
You asked, and they delivered! The 410P Tier Articulated Dump Truck (ADT) combines rugged reliability with exceptional upgrades in design and productivity, making it a stellar investment for any heavy-duty operation. Its redesigned wider dump body enhances material retention and lowers the loading height, boosting cycle times and efficiency in quarry and aggregate applications. Engineered for reliability with streamlined electrical and hydraulic systems, the 410P also features advanced drive modes—Normal, Eco, and Traction—to optimize performance and fuel efficiency. With a comfortable, operator-focused cab and enhanced safety features, the 410P Tier ADT stands out as a leader in its field. Experience the #AFGRIequipmentEDGE and see how this powerhouse can transform your productivity and efficiency!
Nigerian Government Revokes Hundreds of Dormant Mining Licenses
In a sweeping move aimed at revitalizing Nigeria’s mining sector, the Federal Government, acting through the Ministry of Solid Minerals Development, has revoked a staggering 924 dormant licenses. This bold step, following a similar revocation in November 2023, underscores the government’s commitment to combat license speculation and promote active mining. Minister Dele Alake emphasized the adherence to due process, providing license holders ample notification through official channels. The revocation, spanning exploration, mining, quarrying, and small-scale mining licenses, aims to allocate resources to those committed to productive mining activities, fostering economic growth and transparency in the sector.
Senegal’s President Bassirou Diomaye Faye Vows to Reevaluate Natural Resources Contracts
Source: Senegal’s new leader announces audit of oil, gas and mining sectors In a significant move aimed at maximizing national benefits, Senegal’s newly elected President, […]
The Two Faces of Gigantic: Unveiling the Biggest Earthmovers
It’s a battle of the titans when it comes to the biggest earthmovers. Depending on how you define “biggest,” two contenders emerge, each claiming the […]
Karowe Diamond Mine Expansion Faces Challenges
Beneath Botswana’s Karowe mine, a delayed underground expansion reveals hidden challenges and delayed fortunes. Lucara Diamond Corp’s vision faces an 18-month setback and a 25% cost surge, yet hopes remain high for the mine’s promise of extraordinary gems.
The Future of Mining and Processing in Africa Post COVID-19
The COVID-19 pandemic has had a significant impact on industries worldwide, and the mining and processing sector in Africa is no exception. As countries navigate through the challenges posed by the pandemic, attention is now turning towards the future of mining and processing operations on the African continent. Here, we explore the potential trajectory of this crucial industry in a post-COVID world.
The Hidden Cost of Congo’s Cobalt Boom: Unveiling Exploitation and Environmental Impact
In the heart of the Democratic Republic of Congo (DRC), a sinister tale unfolds behind the booming cobalt industry. The global demand for cobalt, a […]
The Complex Landscape of Oil Mining in Africa: Challenges and Opportunities
Africa, rich in natural resources, is home to significant oil reserves that have attracted global attention and investment. Oil mining plays a crucial role in […]
Unleashing Power: Chinese Earth Moving Equipment Makes Waves in the African Market
The African market is witnessing a surge in the presence of Chinese earth moving equipment, marking a significant shift in the construction and infrastructure development […]
Transforming Landscapes: Massive Construction Projects Reshape Namibia
Namibia, a land of breathtaking landscapes and rich cultural heritage, is experiencing a wave of massive construction projects that are poised to transform the nation’s […]
Unveiling the Cement Manufacturing Industry in Nigeria: Driving Infrastructure Development and Economic Growth
Cement manufacturing is a crucial industry that plays a significant role in Nigeria’s development. This article explores the cement manufacturing sector in Nigeria, highlighting its […]