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Image of drill core from the Cascabel project

Cascabel copper/gold/silver project, Ecuador – update

Published: 14 Jun 24

SolGold has signed an exploitation contract for the project.

Image of the Venetia mine, in South Africa

Venetia Underground Project, South Africa – update

Published: 14 Jun 24

Construction is about 73% complete.

An image of Orica's fully lead-fee electronic blasting systems

Lead removed from electronic blasting products

Published: 14 Jun 24

Commercial explosives and blasting systems manufacturer Orica is expanding its lead-free non-primary explosives detonator (NPED) technology through the manufacturing of what it claims is the world’s first lead-free electronic blasting system range, at its plant in Gyttorp, Sweden. This development follows the successful 2023 introduction of its fully lead-free non-electric detonator range, Exel Neo, with early adopters reaping the benefits.

An image of a quarrying machine at a quarrying site

Sound ESG performance a non-negotiable in quarrying

Published: 14 Jun 24

Environmental performance holds particular significance in the quarrying industry, with quarries re-evaluating their strategies and operational models, driven by an imperative to align with customer and industry sustainability goals, reports bulk emulsion explosives and blasting solutions manufacturer BME. BME, part of the Omnia group, seeks to reduce its environmental impact through continuous research, development and product innovations, to develop green blasting technology.

Organisation looks into industry challenges

Published: 14 Jun 24

High regulatory and legislative barriers in the quarrying sector are constraining its growth, says quarrying and surface mining professional body Institute of Quarrying Southern Africa (IQSA) chairperson Jeremy Hunter-Smith. This is compounded, he says, by the 20% downturn in the construction industry in the first quarter of 2024. A country’s growth in often gauged by the volume of infrastructure projects and South Africa has huge potential for growth, with a drive for infrastructure development needing to come to the forefront.

Eloise mine, Australia

Published: 14 Jun 24

A copper/gold/silver mine in North Queensland, Australia.

Mining production rose by a modest 0.7% y/y in April

Published: 13 Jun 24

Mining production rose by a modest 0.7% in April, after declining by -4.8% year-on-year – revised from -5.8% year-on-year – in March, data published by Statistics South Africa (Stats SA) shows. Commenting on the statistics, Investec economist Lara Hodes says output was weaker than consensus expectations of a 1.1% year-on-year increase in production.

An image showing Osino's Twin Hills gold project in Namibia

Sustainability reports highlights Osino’s investment in jobs, Namibia’s economy

Published: 13 Jun 24

TSX-listed Osino Resources’ Twin Hills gold project, located near Karibib in Namibia, is on track to create about 1 000 new jobs in the region, the company’s third annual sustainability report shows. The report summarises the company’s social, environmental and economic performance for the year 2023 and outlines plans for the ongoing integration of sustainability into the design of Twin Hills.

Copper 360 on home straight to produce quite a bit of cash, CEO reports

Published: 13 Jun 24

Copper mining and marketing company Copper 360 is on the home straight to produce quite a bit of cash by financial year end. That was the main takeaway from Mining Weekly’s post-results Zoom interview with the head of the only pure copper play listed on the Johannesburg Stock Exchange (JSE).

Global nickel prices have probably hit a floor, says Macquarie

Published: 13 Jun 24

Global nickel prices may have hit a floor, according to a Macquarie analyst who sees a market recovery driven by strong demand from the steel sector and as a surplus of ore supplies shrinks after Indonesia slowed production permits. "Our belief is that we've seen the bottom, we've seen the supply adjustments, we see the uncertainty in future supply, and that is giving us quite a lot of support where the prices are today," Macquarie analyst Jim Lennon told a conference organised by Shanghai Metals Market in Jakarta this week.