Uganda plans domestic gold purchases to build foreign exchange reserves and limit risks on reserve investments, becoming the latest African nation to turn to the precious metal to back up its currency. The Bank of Uganda said it will directly purchase bullion from artisanal miners in a move that willContinue Reading
Brazilian mining giant Vale said on Thursday it has partnered with Japan’s Komatsu and US-based Cummins to develop and test haul trucks powered by a mixture of ethanol and diesel. The dual-fuel engines made by Cummins will be retrofitted to the mining company’s existing fleet of diesel-powered haul trucks, makingContinue Reading
Doppelmayr Transport Technology GmbH, based in Wolfurt, Austria has announced a cooperation with raise boring specialist Master Drilling Group Ltd, headquartered in Fochville, South Africa. Doppelmayr did not detail the nature of the tie-up but told IM that the main reason for the cooperation was that both companies “see potential in joiningContinue Reading
By refurbishing large mining equipment such as feeders, screens and exciters, Sandvik Rock Processing Solutions is reducing costs, along with metal waste and carbon dioxide emissions. Screens, feeders and exciters are used in the harshest of mining environments and undergo a great deal of wear and tear in the field.Continue Reading
Moab Minerals Limited has announced that it has completed the acquisition of Linx Resources, which holds a diverse portfolio of advanced, large-scale uranium projects in Tanzania. Moab has acquired 81.85% of the shares in Linx, plus an additional 7.75% following the conversion of loans owing to Moab by Linx, bringingContinue Reading
Brunner & Lay has released a new line of rock drilling tools to the market following a rigorous in-house development and testing process from the company’s engineering and metallurgical teams. The latest addition is a line of ‘Arrow’ straight hole drilling tools, which come in a variety of thread stylesContinue Reading
Many of us couldn’t say where the metals used to make our mobile phones came from, let alone our packaging. But when their consumption could be funding conflict overseas, how do we ensure we responsibly source our minerals? In this edition of The Brief, we uncover the realities of miningContinue Reading
Cluff Africa signed a non-binding agreement with Zimbabwe’s sovereign wealth fund to develop a lithium mine in the southern African country. Cluff will be assigned a 45% share of licenses at Sandawana, founder Algy Cluff said in an emailed statement, without disclosing financial terms. Zimbabwe is seeking to attract investorsContinue Reading
Leo Lithium has been granted conditional approval from the Mali government for the sale of its remaining 40% stake in Mali Lithium BV (MLBV) to China’s Ganfeng, a key step towards its planned exit from the Goulamina lithium project. The ASX-listed explorer announced in May that it had agreed to sell its remaining interest in MLBV,Continue Reading
Orano, a French nuclear company, recently announced the resumption of development at the Imouraren uranium deposit in Niger, after the project was offline for almost a decade. However, the resumption project is facing opposition from the Nigerien government, which could lead to the revocation of Orano’s mining permit. The ImourarenContinue Reading
