R/€ = 17.8798 Change: -0.0485
R/$ = 17.1071 Change: -0.1116
Au 1781.36 $/oz Change: 12.93
Pt 1045.00 $/oz Change: 7.40


Resources Watch  

30th November 2022 This week: Sedibelo Platinum will now have wind power as well as solar and smelterless technology; Platinum moving into meaningful deficit amid emergent source of new end-demand; and, New implements to complement tailings testing portfolio 

Lundin Gold forecast more than 400 000 oz/y for next three years

By: Mariaan Webb     30th November 2022 Canada-based Lundin Gold has published its three-year production guidance, with its outlook for the Fruta del Norte mine, in Ecuador, well above 400 000 oz/y until between 2023 and 2025. “Now that the South Ventilation Raise has been completed, the additional ventilation will allow us to... 

New high-tech African facility for SEW-EURODRIVE 

30th November 2022 SEW-EURODRIVE South Africa, a specialist in drive and control technologies, moved into its new state-of-the-art 26 000-m2 headquarters complex in Aeroton, Johannesburg, earlier this year. The new complex more than triples the floor and factory space that was available at its previous premises. 

Rio invests further in renewable energy

By: Esmarie Iannucci     30th November 2022 Diversified major Rio Tinto will invest a further A$600-million million in renewable energy assets in the Pilbara as part of its efforts to decarbonise its Western Australian iron-ore operations. The investment will fund the construction of two 100 MW solar power facilities as well as 200 MWh... 

LED Lighting Donated to Matolweni Community Crèche

29th November 2022 BEKA Schréder is proud to have been involved in a heart-warming project where LED luminaires were donated to Matolweni Early Childhood Development Centre in Drayini Village, outside of Idutywa, Eastern Cape. The original Matolweni Early Childhood Development Centre was a mud hut crèche. High... 

$105m earmarked for Karowe expansion in 2023

By: Mariaan Webb     29th November 2022 Vancouver-based Lucara Diamond will spend up to $105-million next year on the underground expansion of its Karowe mine, in Botswana. In its 2023 operating guidance, the company says that its focus will be predominantly on shaft sinking activities, along with the construction of the bulk air... 

EPSA and Immersive Technologies Partner in Global Mining Workforce Development 

28th November 2022 Immersive Technologies and EPSA have partnered in a number of community workforce development projects.  For a phosphate project in Saudi Arabia, EPSA has implemented a Komatsu HD785-7 Simulator training program with a focus to enhance operational readiness and support EPSA’s strategy to train a... 

Komatsu’s electric offering expanded

28th November 2022 Komastu offered a preview into the future of the construction and mining industry, with a huge presence at bauma focused on smart construction and electric machines. The brand’s extensive presence at the event spotlighted nearly 40 pieces of equipment while highlighting Komatsu’s deep... 

TECH feasibility proves positive for QPM

By: Esmarie Iannucci     28th November 2022 The advanced feasibility study into the Townsville Energy Chemicals Hub (TECH) base metals project, in Queensland, has confirmed the Stage 1 economics, prompting owner Queensland Pacific Metals (QPM) to start formal debt funding negotiations with potential lenders. The Stage 1 TECH project is... 

Iamgold reports fatality in Burkina Faso

By: Creamer Media Reporter      28th November 2022 Canadian mining company Iamgold has reported the death of an employee, who passed away last week Tuesday as a result of injuries sustained in an off-site accident in Burkina Faso. The accident occurred when Iamgold team members were assisting with the hoisting of mobile equipment. 

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