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Anglo American Platinum sustainable impact head Stephen Bullock. Environmental, social and governance elevating to safety-equalling status, mining webinar hears
Published: 11 Aug 22
The shift from linear to circular value chains has the potential to impact all aspects of mining and requires a rethink, Anglo American Platinum sustainable impact head Stephen Bullock has told a Southern African Institute of Mining and Metallurgy (SAIMM) webinar. In a presentation on the circular economy – which favours activities that preserve value in the form of energy, labour, and materials ­– Bullock said mining needed to rethink more efficient operations by addressing the value loss through byproducts of business processes across energy emissions, water, and waste.
West Wits raises cash
Published: 11 Aug 22
Gold miner West Wits Mining will raise A$2.5-million to fund development work at its Witwatersrand Basin gold project, in South Africa. The ASX-listed company on Thursday announced that it would issue 138.8-million shares, at a price of 1.8c each to sophisticated and professional investors, under its existing placement capacity.
Kayelekera restart to cost $88m
Published: 11 Aug 22
A definitive feasibility study (DFS) into the restart into the Kayelekera uranium project, in Malawi, has confirmed that the project would rank as one of the lowest capital cost uranium projects globally. ASX-listed Lotus Resources on Thursday reported that the project would require a capital investment of $88-million with cash costs estimated at $29.1/lb and an all-in sustaining cost of $36.2/lb during the first seven years of production of a ten-year mine life.
Australian Pacific sets new deadline for Dartbrook sale
Published: 11 Aug 22
ASX-listed Australian Pacific Coal and its major shareholder and creditor Trepang Services have extended the transaction date for the Datrbrook coal project until August 23. Australian Pacific Coal in April unveiled an offer from Trepang to purchase the Dartbrook coal project, in New South Wales, which would result in Australian Pacific Coal’s consolidated liabilities reducing by some A$65-million, and the company receiving royalties from the net profits of the Dartbrook project of between A$2.50/t and A$5/t, based on the average coal price per quarter.
BHP hoping to harness the wind
Published: 11 Aug 22
Diversified miner BHP has announced a partnership to undertake a technical assessment of wind-assisted propulsion to lower its greenhouse gas (GHG) emissions. The miner has partnered with Pan Pacific Copper (PPC), a member of JX Nippon Mining & Metals group, and auxiliary wind propulsion systems provider Norsepower, to reduce GHG emissions from maritime transportation between BHP’s mines in Chile and PPC’s smelters in Japan.
Image shows Australian currency A$1bn investment marked for Atlas and Roma North
Published: 11 Aug 22
Oil and gas major Senex has announced plans to invest more than A$1-billion in a major expansion of its Atlas and Roma North natural gas developments in Queensland. The company on Thursday announced that it would increase its natural gas production to 60 petajoules (PJ) per year with work planned to begin in coming weeks. First gas from this major investment is targeted to deliver supply to the domestic market within two years.
Chile rethinks mine safety after worker deaths and expanding sinkhole
Published: 10 Aug 22
Chile is taking another look at health in safety in its mines after two workers died on a mining construction project in July and a giant sinkhole more recently opened up near a copper mine. Chile President Gabriel Boric said on Wednesday he wants to ratify an International Labor Organization (ILO) convention on health and safety in mines. The rules were issued in 1995 and first adopted by Botswana, Finland, Spain and Sweden. Brazil adopted the rules, known as convention 176, in 2006 and Peru in 2008.
Mpact CEO Bruce Strong Home deliveries driving higher demand for paper bags
Published: 10 Aug 22
An increase in consumers ordering products for delivery to their homes instead of shopping at retail stores in the first half of this year has led to a “rapid” increase in demand for bag paper – one of the new products manufactured by JSE-listed paper and plastics packaging manufacturer and recycler Mpact. Mpact CEO Bruce Strong told Engineering News on August 10 that there has been an increase in demand for products such as container board and carton board across a number of sectors as a result of this shift in consumer spending habits.
Outstanding Marikana matters set for completion by month-end
Published: 10 Aug 22
The remaining 24 out of 48 Marikana litigation matters, which are currently under way, are anticipated to be completed by the end of this months, Department of Justice and Constitutional Development Solicitor General Fhedzisani Pandelani said during a media briefing on August 10. This update comes a decade after the strike at Lonmin Platinum in Marikana, where 34 mineworkers were killed by police fire, and another ten died in the prelude to the shooting.
WindAc Africa to showcase research that focuses on latest developments in wind energy sector
Published: 10 Aug 22
The South African Wind Energy Association (SAWEA) is inviting renewable energy researchers to showcase the latest developments in wind power at its yearly wind energy academic conference WindAc Africa. To be hosted from October 11 to 13 at the Cape Town International Convention Centre, the fifth edition of WindAc Africa recognises the pivotal role that wind energy research and technology development plays in the renewable energy sector, as it leads the way for advancement and progress, which is especially essential at a time when South Africa is looking to renewables to meet the growing demand for clean energy supply.
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