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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.
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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.
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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.
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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.
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