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Image of Cell C chief data and analytics officer Bryan O'Donovan Cell C appoints chief data and analytics officer
Published: 23 Apr 24
Communications group Cell C has appointed Bryan O'Donovan as chief data and analytics officer, effective May 2024. He will be responsible for spearheading the management of the organisation's data and analytics assets, championing data-driven decision-making processes and leveraging data assets to propel growth and optimisation initiatives.
Anglo CE Duncan Wanblad. Anglo pleased with copper's first-quarter performance
Published: 23 Apr 24
Copper production increasing by 11% as Quellaveco achieved its highest plant throughput rate in Peru, and Collahuasi and El Soldado in Chile benefitting from higher copper grades were among the first-quarter performance aspects that pleased diversified mining company Anglo American in the three months ending March 31. “We’re driving operational excellence across our assets, focusing on stability and effective cost management as levers to deliver significant value through the cycle,” Anglo CE Duncan Wanblad highlighted in a release to Mining Weekly on Tuesday.
G Mining buys Reunion’s Guyana project G Mining buys Reunion’s Guyana project
Published: 23 Apr 24
Toronto-listed G Mining Ventures (GMIN) unveiled a significant move on Monday, announcing its acquisition of TSX-V-listed Reunion Gold, owner of the Oko West project in Guyana, in a C$875-million transaction. The consolidation marks a strategic step for GMIN towards accelerating its vision of building a prominent intermediate gold producer, leveraging the acquisition of the globally significant Oko West gold discovery in the Guiana Shield.
Amplats CEO Craig Miller Amplats posts lower first-quarter output
Published: 23 Apr 24
Platinum group metals (PGM) miner Anglo American Platinum (Amplats) has reported a decrease in 5E metal-in-concentrate production of 7% to 834 100 oz for the quarter ended March 31, compared with the 901 200 oz produced in the same quarter of last year. Notably, the group’s own-managed PGM production decreased by 6% year-on-year to 504 300 oz, while the purchase of PGM concentrate decreased by 10% year-on-year to 329 000 oz.
Dangote's oil refinery in Nigeria Africa needs to build more oil infrastructure
Published: 23 Apr 24
Africa's mid- and downstream oil products supply infrastructure is ageing and suffers from a lack of investment, outdated policy frameworks and insufficiencies in regional, national and urban energy planning when compared with other regions across the world. Efforts have also not kept pace with rapidly growing populations and urbanisation trends, which has resulted in fragmented supply routes, bottlenecks and insufficient infrastructure capacity, contributing to an overreliance on trucks, congestion in cities and ports, and disrupted access to energy.
IEA expects another record year for EVs in 2024, but sales remain concentrated IEA expects another record year for EVs in 2024, but sales remain concentrated
Published: 23 Apr 24
The International Energy Agency (IEA) expects electric vehicle (EV) sales to rise to a record 17-million in 2024, representing more than one in every five passenger cars sold, but with sales likely to remain highly concentrated in the Chinese, European and US markets. Sales rose by 35% last year to a record level of nearly 14-million units, lifting the number of EVs on the road globally to 40-million, and with battery electric cars accounting for 70% of the electric car stock.
Gold Road withdraws from Greenstone transaction process Gold Road withdraws from Greenstone transaction process
Published: 23 Apr 24
Australian mining company Gold Road Resources has announced its decision to discontinue its involvement in a transaction process led by Orion Resources Partners concerning a potential investment in Greenstone Gold Mines, situated in Canada. The company last week confirmed media reports that it was participating in a sales process initiated by Orion for Greenstone Gold Mines.
A truck transporting material from the Jwaneng mine De Beers lowers full-year production guidance on high market inventory levels
Published: 23 Apr 24
Diamond miner De Beers, a subsidiary of diversified miner Anglo American, has lowered its production guidance for the 2024 full-year to between 26-million and 29-million carats in response to the higher-than-average levels of inventory in the market and expectations of only a gradual recovery in demand for rough diamonds. It had previously targeted production of 29-million to 32-million carats this year.
Raw copper produced in Zambia Zambia seeks power imports for key mining sector
Published: 23 Apr 24
Zambia's State-owned electricity utility Zesco said on Monday it is seeking to import power to avert an energy deficit that could affect output in Africa's second-largest copper producer. The southern African country generates 86% of its electricity from hydropower stations. Power generation has been hit by a severe drought induced by El Nino - a weather phenomenon resulting from the abnormal warming of the waters in the eastern Pacific, which raises temperatures globally.
Copper cathode produced in the DRC Zijin's Congo mine shipments returned due to radiation levels, ministry says
Published: 23 Apr 24
Mineral shipments from a Congolese copper and cobalt operation majority-owned by China's Zijin Mining Group were returned due to overly high radiation levels, the Congolese mines minister said in a letter seen by Reuters on Monday. The letter, dated April 12, informed the COMMUS project in which Zijin owns a 72% stake that the ministry had suspended its licence while it investigated the issue.
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