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Indonesia to issue copper export permits for Freeport, Amman

Published: 31 May 24

ndonesia will issue copper concentrate export permits for miner Freeport Indonesia and Amman Mineral Internasional, a trade ministry official said on Friday, ensuring that exports by both companies would not be disrupted. Freeport's and Amman's current export permits expire on Friday.

Champion Iron reports higher profit

Published: 31 May 24

Quebec iron-ore miner Champion Iron has reported a robust revenue and net income performance for the year ended March 31, 2024. Despite facing challenges due to lower selling prices and logistical issues, the company achieved significant financial growth. The ASX- and TSX-listed company announced a 9% increase in revenue, reaching C$1.5-billion in the 12 months through to March. Net income grew by 17% to C200-million.

Probe raises C$15m for exploration

Published: 31 May 24

Exploration and development company Probe Gold has announced a C$15-million bought-deal private placement to fund exploration and development at Canadian projects. The Toronto-listed firm will offer 2.07-million non-flow-through shares at C$1.21 each for C$2.5-million and 6.31-million shares at C$1.98 a share for C$12.5-million.

Queensland outlaws carbon storage in Australia's biggest aquifer

Published: 31 May 24

Australia's Queensland state will ban carbon capture and storage in a giant aquifer that spans much of its territory, the state government said on Friday, after an outcry from farmers who said such projects could poison their water supply. The decision closes one route to decarbonisation in Queensland, which aims to reduce its greenhouse gas emissions by 75% from 2005 levels by 2035 and achieve net zero by 2050.

Rio Tinto secures future of NZ aluminium smelter, acquires full ownership

Published: 31 May 24

Commodities giant Rio Tinto announced on Friday that it would keep New Zealand’s sole aluminium smelter operational until at least 2044, following the completion of new 20-year electricity supply agreements. The Tiwai Point smelter, owned and operated New Zealand Aluminium Smelters (NZAS), has secured these contracts with key energy providers.

ESSENTIAL EXPERTISE
Engineers bring essential expertise in geotechnical engineering, risk assessment and regulatory compliance

Consultancy drives mining standards innovation

Published: 31 May 24

By prioritising safety, sustainability and efficiency, mining consulting company Baletsema Mining Services MD Bokang Kelepa says the company adheres to international safety and environmental standards, and that through employing a skilled workforce, it is adept at navigating the complexities of modern mining. This holistic approach, he explains, ensures that Baletsema continues to contribute positively to the mining industry while setting benchmarks for quality and responsible mining practices.

EVOLVING LEGACY
SRK Consulting's approach has adapted to evolving needs, incorporating new factors into the core of its technical decision-making processes

Enhancing mining sustainability through tech expertise

Published: 31 May 24

Amid an industry-wide shift towards more sustainable mining practices, engineering consultancy SRK Consulting says that the significance of environmental, social and governance (ESG) factors in mining has evolved over the past few decades from basic monitoring to now include a wide range of complex aspects such as biodiversity preservation and water stewardship. The firm’s guidance through increasingly complex regulatory and environmental landscapes has enabled it to provide services in mining, hydrology, geology and environmental and social sciences, which MD Andrew van Zyl says “indicates a trend towards the interconnectedness of these disciplines”.

The above image depicts Manta Freight Logistics CEO Michael Tziranis

Single point-of-contact for efficient logistics

Published: 31 May 24

A streamlined freight logistics management process, offered by integrated freight logistics solutions company Manta Freight Logistics, is being positioned as a possible solution to combat ongoing port logistics issues in South Africa, as well as the rest of Africa. Through Manta Freight Logistics’ freight management processes, customers are assigned a single point-of-contact when dealing with freight consignments, thereby simplifying the management protocol, aiding in operational efficiency and contributing to fewer administrative duties needing to be performed by multiple, different people in different departments.

ADDITIONAL SERVICES
Mixtec provides proactive aftermarket services such as maintenance, repairs and audits, including for third-party equipment

Skilled engineers key to customer satisfaction

Published: 31 May 24

Industrial agitator and mixing specialist Mixtec’s dedicated field sales representatives, supported by consulting engineers specialising in mining applications, “resolutely” work to provide comprehensive support through the provision of detailed manuals and checklists, which the company says ensures that no detail is overlooked during installation and commissioning. These efforts are further bolstered by service engineers who provide prompt assistance for any inquiries, ensuring a seamless operational launch.

Standardised conveyors improve productivity

Published: 31 May 24

In April, sustainable technologies solutions provider Metso launched a productised version of its FIT in-plant, and Foresight, overland conveyors for reliable material transportation in the mining industry. The high-capacity Metso Foresight overland conveyors are fixed or relocatable, connecting the primary crushing station with a coarse-ore stockpile; while the Metso FIT in-plant conveyors are compatible with Metso’s FIT crushing plants that are designed for the most demanding mining applications.