Weekly News Round-up

Bringing you the latest news in mining from across the industry...

Enviromental risk evaluation of overseas mining investment based on game theory and an extension matter element model. Continue reading.

Newcrest Mining Ltd said on Thursday it had committed A$246 million to expand open-pit mining at its Telfer operations in Western Australia, which will extend the operations for at least two years. Continue reading.

South Africa's biggest coal miner Exxaro Resources announced its half-year profit more than doubled due to an increase in contribution from its stake in an iron ore mining company and some once-off items. Continue reading.

Drones in mining operations are used for a varied range of applications: from exploration, surveying and mapping to maintaining safety and enhancing security. Different unmanned aerial vehicles (UAVs) are equipped with different sensors and cameras based on their mission. Continue reading.

Ivanhoe Mines reported its financial results for the second quarter of 2021, during which it posted a sizeable loss after recording income in both the comparable quarter last year and the quarter prior. Continue reading.

Powering some of the world's largest mining conveyors, grinding mills, hoists and trolley assist truck fleets, Simens has an enviable reference list and depth of experience. International Mining interviewed Christian Dirscherl, VP for Mining, Excavation and Transport. Read the interview.

During the peak of the pandemic, PwC noted that mining companies with higher environmental, social and governance (ESG) ratings surpass the broader market to deliver a 34% average total shareholder return, which is 10 points higher than the general market index. Continue reading.

Canada’s Centerra Gold Inc. invested more than $3 billion over nearly three decades to turn a remote gold prospect in Kyrgyzstan into a prosperous gold mine. Then in May, the mine was taken over by authorities in the former Soviet republic. Continue reading.

A power blackout on Sunday hit Zambia, forcing mining companies in Africa's second-largest copper producer to turn to emergency diesel-generated electricity to sustain operations. Continue reading.

Booming commodity prices have given South Africa's economy a boost, setting it on the path towards post-pandemic recovery and giving it the room to withstand the fiscal squeeze of an almost R40-billion relief package. Continue reading.

A battery minerals venture-backed by Bill Gates, Michael Bloomberg and Jeff Bezos has struck a deal with minnow Bluejay Mining to develop a major nickel, copper and cobalt project in Greenland. Continue reading.

A London-based private equity firm raised $775m in January for its second fund focused on the mining sector, as it bets that the global shift to a lower carbon economy will squeeze supplies of metals such as copper and nickel. Continue reading.

Emerging technologies in electrification may mean that, in the near future, all mining can store or generate required electricity but often more, creating extra income. Continue reading.

Zambia's economic recovery depends on the mining sector. With copper prices at a ten-year high, economic recovery for Africa's second-largest copper producer hinges on ramping up production. Continue reading.

If you have an interesting piece of news or analysis that you think our #mining community would benefit from reading, send it to marketing@miningindaba.com.

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