Simandou: World’s largest untapped high-grade iron ore deposit
Jan 29, 2024 · Simandou is the world’s largest untapped high-grade iron ore deposit. The Simfer joint venture’s mine concession held an estimated Total Mineral Resource as at 31 December 2022 of 2.8 billion tonnes, of which Rio Tinto is today reporting the conversion of an estimated 1.5 billion tonnes to Ore Reserves that support a mine life of 26 years ...
Mining Review Africa - Miningreview.com
6 days ago · Nigeria’s Minister of Solid Minerals Development “looking forward to welcoming” Nigeria Mining Week delegates. 07 November 2024. ESG frameworks within the African oil and gas sector benefit operators and communities if seen as a strategic tool. Concor’s landmark Kendal ADF project wins Best projects awards.
Northam Platinum’s Booysendal operation: Looking true North
Nov 6, 2020 · Northam Platinum’s Booysendal PGM operation, situated on the eastern limb of the Bushveld Complex, continues to fulfil the true definition of being a new age, new generation mine. This is thanks to the adoption of technology designed to enhance its operational efficiency while most importantly, preserving the environment, writes LAURA CORNISH.
Ivanplats’ Platreef project: A tier one mine in the making
May 12, 2022 · A tier one asset now fully in the making. The Platreef project comprises a massive 26 m-thick flat lying ore body that will be operated using mechanised mining methodologies. It is easily accessible, and according to Ivanplats’ original plans, has the capacity to be a 12 Mtpa PGM operation – and remain in operation for many decades to come ...
A breakdown of mining in South Africa - Miningreview.com
Apr 17, 2024 · In 2023, women comprised 19% of the total full-time workforce. A survey of one year of reports from 12 of Minerals Council members across five commodities estimates that mining companies spent more than R5.18 billion on training and development in a single financial year with an estimated value of between R13,500 and R21,700 per full-time employee.
Canyon Coal thrives with strategic investments - Miningreview.com
29 January 2024. Canyon Coal, part of the Menar Group, has proved to be one of South Africa’s most capable coal producers since it opened its first colliery, Hakhano, in 2009. It has operated profitably in a sector which is notoriously challenging, successfully negotiating the wild swings in the coal price and bringing into production new ...
Several reports in Uganda confirm 31 Mt of gold ready to be mined
29 June 2022. Uganda announced that it had discovered 31 Mt tons of gold waiting to be mined in the country after several surveys were conducted. A spokesperson from the Ministry of Energy and Mineral Development in Uganda, Solomon Muyita, said that these reports are aimed at attracting gold miners and investors in the crypto sector.
De Beers’ Venetia underground project: A true South African gem
08 February 2016. Drilling underground at Venetia. Venetia’s underground lifespan extension project, due to start producing diamonds in 2021, is well underway and can already be described as a successful venture. Global diamond company De Beers’ US$2 billion cash injection to transition Venetia from a surface operation to an underground ...
Mining in South Africa: Adapt to thrive - Miningreview.com
Oct 5, 2023 · In PwC South Africa’s 2023 SA Mine: Adapt to thrive report, we take a closer look at some of these factors that include productivity and infrastructure constraints, decreases in the prices of certain minerals, and increases in input costs. “The amalgamation of these factors has resulted in a decrease in profits and operating cash flows ...
Mining in Nigeria: Challenges, opportunities, and prospects
Sep 20, 2023 · Opportunities for growth. Diversification of the economy: Mining in Nigeria presents an opportunity for Nigeria to diversify its economy away from over-dependence on oil and gas revenues. Developing this sector can create jobs and reduce vulnerability to fluctuations in oil prices. Resource endowment: Nigeria’s vast mineral resources provide ...