03.04.2023 (167 Clicks)

Epiroc completes acquisition of South African mining equipment manufacturer AARD

Epiroc, a leading productivity and sustainability partner for the mining and infrastructure industries, has completed the acquisition of AARD Mining Equipment, a South African mining equipment manufacturer.  

03.04.2023 (196 Clicks)

Akobo Minerals starts up operation of ultra-small plant to process first gold

Akobo Minerals AB (publ) (Euronext and Frankfurt: AKOBO), the Scandinavian-based Ethiopian gold exploration and boutique mining company, today announced that it has reached a true milestone with the start of operations of its ultra-small plant and, with it, production of the company’s first gold.    

31.03.2023 (165 Clicks)

Mining Indaba 2023 delivers a record post-pandemic turnout in attendance

Mining Indaba 2023 delivers a record post-pandemic turnout in attendance (Credits: Mining Indaba)

The four-day Indaba, held from 6-9 February 2023 in Cape Town, provided delegates with insight into the future of mining, current operational trends and exposure to investment opportunities in Africa. Investing in African Mining Indaba 2023 has delivered a record post pandemic turnout in attendance, which is testament to the ever-increasing appetite for investing on the continent. The four-day Indaba, held from 6-9 February 2023 in Cape Town, provided delegates with insight into the future of mining, current operational trends and exposure to investment opportunities in Africa.

“In May 2022, it was wonderful to gather, once more, in Cape Town for the world’s largest mining investment event after two years of the global pandemic. Going into this year’s Indaba, which was back in its traditional February slot, our goal was to continue the momentum started in 2022 and we are encouraged that yet again, the show has translated into another bumper turnout. This reaffirms the importance of the Indaba, that it is given the upmost attention and support by African governments and the mining industry as both stakeholders drive positive policy change across the continent,” says Simon Ford, Portfolio Director, Investing in African Mining Indaba.

Mining Indaba, hosted at the Cape Town international Conference Centre (CTICC) welcomed more than 8,000 delegates from over 100 countries, including over 800 investors and dealmakers. Added to this, around 80 senior government officials and ministers, plus two heads of state were in attendance. The mining industry was well represented, with 678 mining companies attending, including 477 executives from junior mining companies. There were also 298 exhibitor stands, which included the newly launched 27 explorer showcase stands.

Highlights of the event included a keynote address by South African President Cyril Ramaphosa, who was later joined by the President of the Democratic Republic of Congo (DRC), Felix Tshisekedi for a ‘President’s hour’, a session focused on the strategic advancement of the two economies through mining.

Top sessions included a fireside discussion with the now-former Eskom CEO Andre de Ruyter and outgoing Minerals Council South Africa CEO, Roger Baxter on South Africa’s energy landscape and the solutions that will see the country transition from an electricity deficit to an electricity surplus.

Through this year’s theme – ‘Unlocking African Mining Investment: Stability, Security, and Supply’ – the mining sector considered the challenges, opportunities and strategies being faced by the industry amid growing climate change pressures, the impact of COVID-19 and the global rush to secure metals supply for the green just energy transition.  

The world’s largest African mining investment event played host to speakers and panellists from across the industry. This included global mining leadership such as Anglo American Chief Executive, Duncan Wanblad; Rio Tinto’s Chief Executive - Minerals, Sinead Kaufman; CEO of Exxaro Resources, Dr Nombasa Tsengwa; CEO of International Council on Mining & Metals (ICMM) Rohitesh Dhawan and International Women in Mining (WIM UK) Managing Director Dr Stacy Hope.

The brand new three-day InfraTech content programme took a prominent role this year – a side stream programme that is growing in popularity. It featured panel discussions with industry experts on mining technology innovation, critical mineral exploration, the just energy transition, and the changing nature of work that will feed into the building and delivering mines of the future.

Another new addition to Mining Indaba which garnered significant interest was the Explorer’s Showcase. The aim of the initiative was to encourage greater interest in exploration and to drive investment into African mining at the early stages. 29 exploration companies with projects located in Africa and a market capitalisation of no more than US$25 million were given the opportunity to present their plans to investors and top financiers.

The event also saw the return of the Investment Battlefield, which is a well-known platform for pitching Africa’s hottest junior mining companies against each other in a two-day programme that was hosted across both Hyve-owned Mining Indaba and 121 Cape Town events.

During the four days of Mining Indaba, delegates also benefited from mainstay programmes and discussions, including the Ministerial Symposium, Intergovernmental Summit, Green Metals Day, the Young Leaders Forum and the General Counsel Forum.

Source: Mining Indaba

#events #Africa #South Africa (ZA) #raw materials #investments #sustainability #ESG (Environmental, Social, Governance) #metals #supplying industry #mining suppliers #mining economy #INDABA #Mining

                     

30.03.2023 (364 Clicks)

CharIN launches new Mining Taskforce in partnership with ICMM – Addressing technical bottlenecks to accelerate progress on zero emission mining vehicle fleets

The challenge of electrifying mining haul truck operations has taken a step forward with the launch of the CharIN Mining Taskforce, a partnership between global organizations CharIN and ICMM. The partnership enables ICMM to address technical bottlenecks around the interoperability of battery-electric charging systems for the roll-out of zero emission greenhouse gas (GHG) mining vehicles, expected to begin this decade.  

30.03.2023 (138 Clicks)

Fugro Geo-data supports development of newest large-scale hydro pumped storage scheme in UK

SSE Renewables has awarded Fugro a ground investigation contract for its Coire Glas hydro pumped storage scheme located in the Great Glen in Scotland. With a potential capacity of up to 1500MW, Coire Glas was in the news recently when SSE Renewables announced that it was to make a £100 million investment to see the project progress as the first large-scale pumped storage scheme to be developed in the UK for more than 40 years.