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Mining industry urged to invest in value addition

Export of finished products can offer significant cover for the country’s economy against falling copper prices, Stanbic Bank has said. Leina Gabaraane, Stanbic Bank Chief Executive Officer said there is need to invest in value addition in the mining sector to minimise the impact of changes in the prices of …

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Global zinc market to grow

GlobalData’s latest report has forecast that between 2019 and 2022, global zinc supply is expected to grow at a compound annual growth rate (CAGR) of 3.8 percent, to 15.7Mt  in 2022. Simultaneously, the gap between demand and supply is expected to narrow and eventually the market will move into a …

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ZEMA dispels water pollution rumours

Pollution of the natural environment is generally viewed as an inherent consequence of the complexity of large-scale commercial mining, which often negatively affects communities when harmful emissions find their way into the environment. To minimise the negative impact on the environment, First Quantum Minerals’ Kansanshi Mining has established a pioneering …

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Renewables & Energy efficiency news

Despite concerns that intermittent renewables such as solar and wind could affect the reliability of power supply, mining companies are adopting wind and solar to reduce their energy costs at remote off-grid mines. In various microgrid applications, renewables combined with diesel, HFO, or gas are proving their worth in isolated …

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Orinoco Gold, AngloGold Ashanti starts work in Brazil

Orinoco Gold has announced that it has just started working with AngloGold Ashanti on establishing an in-country joint venture entity in Brazil. This comes both companies confirmed the original terms of an earn-in agreement signed back in 2017. According to a statement from the companies, the undertaking should be completed …

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