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The above image depicts a truck that makes use of the JustWeighs system that provides coal producers with the ability to tract tonnages from pit to plant without the use of manual weighbridge slips

AI weighbridge solutions combat coal corruption

Published: 31 May 24

Weighbridge automation solutions provider JustWeighs recently developed and launched its new AI and surveillance equipment to combat coal transportation corruption and illicit trading. The company makes use of AI and data analytics to identify trucks with cloned numberplates or swapped trailers, with tonnages of the dispatched weight measured into the cloud system, alerting the supply chain to variances in tonnages being received.

Unpacking the conditions for meeting burgeoning copper demand

Published: 31 May 24

With copper demand expected to increase from 28.3-million tonnes in 2020 to 41-million tonnes by 2040 at a compound yearly growth rate of 1.85%, and many regions gearing up supply chains for critical metals, JSE- and ASX-listed Orion Minerals CEO and MD Errol Smart says it will be the responsible mining companies that will rise to the demand challenge and be competitive in the market. Copper mining sites globally have “less than satisfactory” environmental and social management practices, but funders and offtakers are increasingly supporting mining companies with solid environmental, social and governance (ESG) credentials, he tells Engineering News & Mining Weekly.

Côté mine, Canada

Published: 31 May 24

A gold mine in in north-eastern Ontario, Canada.

Anglo starts formal divestment of coal, nickel after rebuffing BHP, CEO says

Published: 30 May 24

Anglo American is starting a formal process to sell its coal assets and explore options for its nickel operations after fending off a takeover threat from bigger rival BHP Group, CEO Duncan Wanblad said on Thursday. The Anglo CEO faces pressure from investors to boost the company's value by improving operational efficiencies and speeding up the sale of assets after rejecting three takeover proposals from the world No. 1 miner, which on Wednesday said it had no choice but to walk out.

Tsolido signs agreement with Red Cloud for liquidity services

Published: 30 May 24

TSX-V-listed Tsodilo Resources has retained Toronto-based financial services company Red Cloud Securities to provide liquidity services to the company. Red Cloud helps mineral exploration and mining companies to access capital markets and enhance their corporate profile. Red Cloud will trade Tsodilo shares on the TSX-V for the purposes of maintaining a reasonable market and improving the liquidity of Tsodilo’s common shares.

How a rattled South Africa became Anglo's best defence against BHP bid

Published: 30 May 24

Days after miner BHP launched its takeover bid for rival Anglo American in April, the CEOs of both headed for South Africa, where a condition to divest Anglo's local platinum and iron ore assets was causing a political storm. More than 20% of Anglo shares are held by South African investors, and the London-listed group's presence is deemed of national value in the country, where it was founded in 1917 and employs more than 40 000 people.

Sibanye-Stillwater secures fourth power purchase agreement.

Sibanye clinches yet another renewable energy purchase agreement

Published: 30 May 24

Johannesburg- and New York-listed Sibanye-Stillwater has concluded its fourth renewable energy power purchase agreement (PPA). The green metals and gold producer has reached financial close for an additional 140 MW wind energy project, the Umsinde Emoyeni Wind Farm, located on the border between the Northern Cape and the Western Cape, near Murraysburg.

Xtract, Cooperlemon add three more licences to their Zambian copper prospects

Published: 30 May 24

London-listed Xtract Resources has entered into an addendum to restate its existing joint venture (JV) agreement with consulting firm Cooperlemon Consultancy, expanding their joint copper exploration efforts in Zambia. The addendum incorporates three additional large-scale exploration licences in northwest Zambia into the JV.

Marula confirms series of local contracts for Kenyan operations

Published: 30 May 24

AQSE-listed Marula Mining has confirmed that the agreements which extend over all the company’s key operations activities at the Larisoro manganese mine, in Kenya, have been executed with several Kenya-based service providers. These agreements include contracts for the drilling and blasting of material on site; the use of mobile mining equipment for the mining, loading and hauling of the ore and waste material; and for the transportation of the manganese ore from Larisoro to Nairobi, where it will be delivered into existing sales agreements and a proposed new long-term offtake agreement.

UK politicians urge Anglo to rethink fertiliser project halt

Published: 30 May 24

UK politicians are calling on Anglo American AAL.L to rethink halting its work at the Woodsmith fertiliser project in northern England, part of an asset overhaul Anglo announced after rejecting takeover proposals from global miner BHP. Anglo's unit Crop Nutrients was holding a town hall meeting on Thursday to advise on the slowdown of the project in North Yorkshire, two sources said. Woodsmith currently gives work to around 2 000 people, including contractors, according to the mining company's website.