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SAFEQUIP at Nampo 2024

Published: 21 May 24

Engineering News talks to fire safety solutions and products supplier SAFEQUIP MD Pierre Malherbe at Nampo 2024, held from May 14 to 17, near Bothaville, in the Free State, about how the company is addressing the challenges posed by lithium-ion batteries.

Haul trucks in operation at a West African mine

Use resources to diversify African economies, unlock sustainable growth

Published: 21 May 24

A majority of African economies, or 83%, are highly commodity-dependent and are vulnerable to external shocks, experiencing good growth when commodity prices are high, but seeing growth reversal and setbacks when prices are low. Chad, for example, experienced an average of 9% growth in GDP between 2001 and 2014, but since 2015, the GDP of the country has contracted and poverty increased. GDP per capita is decreasing and developmental gains have been reversed because of the inability to sustain economic growth.

Metals Australia granted drilling permits for Corvette River

Published: 21 May 24

Canada-focused Metals Australia has received all the required permitting approvals for a new drilling and trenching programme at Corvette River, in Quebec. The programme, which will include 10 diamond drillholes for up to 4 750 m and about 16 trenches, will test high-grade gold and silver targets, as well as priority lithium-bearing pegmatite targets.

US proposes end to federal coal leasing in Wyoming Powder River Basin

Published: 21 May 24

The Biden administration on Thursday proposed an end to future coal leasing on federal lands in Montana and Wyoming's Powder River Basin, the nation's most productive coal-producing region, in part because of the sector's emissions that worsen climate change. The two proposals from the US Bureau of Land Management respond to a 2022 federal court order requiring the agency to analyse the climate and public health impacts of burning fossil fuels in its land use plans for the areas.

TotalEnergies, Petronas, Sonangol to proceed with Angolan deepwater project

Published: 21 May 24

Energy company TotalEnergies (40%), along with its Block 20/11 partners, Petronas (40%) and Sonangol (20%), have announced the final investment decision (FID) of the Kaminho deepwater project to develop the Cameia and Golfinho fields, located 100 km off the coast of Angola, in 1 700 m of water. This FID has been made possible thanks to a close collaboration with the concessionaire Agencia Nacional de Petroleo e Gas (ANPG).

The Railveyor system is a fully electric and autonomous bulk material handling system.

Electrifying Elk Creek to reduce costs, accelerate production

Published: 21 May 24

Electrifying the Elk Creek mine in south-west Nebraska could be a game changer for the critical minerals project, promising to not only reduce upfront capital and operational expenses, but also accelerate production timelines, says Nasdaq-listed NioCorp. A scoping study completed by engineering firm Optimize Group suggests that electrifying the Elk Creek mine through a Railveyor system instead of using the currently planned vertical mining shafts will have economic and environmental benefits.

Zimbabwe asks miners to ramp up gold output to support ZiG currency

Published: 21 May 24

Zimbabwe has asked gold miners across the country to ramp up output to support the ZiG currency launched last month, according to Mines and Mining Development Minister Winston Chitando. “This new currency is anchored on gold production, we have to determine ways to increase production,” Chitando said Monday in a meeting with miners in the capital, Harare.

Zimbabwe to start gold-tracing system in bid to curb smuggling

Published: 21 May 24

Zimbabwe’s sole authorized buyer of gold will introduce a system that traces supply of the metal from mines to the market in a bid to stop smuggling. Fidelity Gold Refinery’s initiative will start on Sept. 30, General Manager Peter Magaramombe told miners Monday in the capital, Harare.

Reserve Bank warns carbon taxes may cut exports by 10%

Published: 21 May 24

South African economic growth could be severely stunted if carbon taxes are widely imposed on its exports, according to a new report by the country’s central bank. The South African Reserve Bank (SARB) said the hit could reach 10% of exports and more than 9% of gross domestic product in 2050 under a worst-case scenario in which carbon taxes are slapped on all exports by all trading partners. But it also found the impact could be much lighter, in a summary of several studies into the implications of the European Union’a new Carbon Border Adjustment Mechanism on South African exports.

Orange, Vodacom said in talks on African infrastructure deals

Published: 21 May 24

Vodacom Group is in discussions with France’s Orange about a strategic partnership in Africa to explore infrastructure deals to help keep down costs on the continent, people familiar with the matter said. The telecommunications companies are looking at agreements in overlapping markets including Egypt and the Democratic Republic of Congo, and reviewing where there are other opportunities to work together, said the people, who asked not to be identified because the discussions are private.