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SENTINEL COPPER PRODUCTION BOLSTERED JOB RETENTION IN 2020, SAYS FQM

Despite unprecedented challenges driven by COVID-19, First Quantum Minerals (FQM) achieved the highest-ever annual copper production at its Sentinel mine in Kalumbila in 2020, helping to support job retention in the process. The mine in North-Western Province recorded a 14% year-on-year increase in its annual copper production for the year, …

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Glencore to pay US$0.12 per share

GLENCORE has announced that it would pay out 0.12 US cents per share The company said this in its 2020 year-end presentation as it resumed dividends as flagged in December. The payment is set to be equivalent to $1.6bn in total. However, it added that, provided that annualized free cash …

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Mines push on as SA plays catch-up

Omnia Group company BME says South Africa needs to do more to benefit from the looming demand peak in ‘green minerals. Ralf Hennecke, General Manager, Technology and Marketing at Omnia Group company BME said mines have been very successful in containing COVID-19 infections, allowing most operations to return to almost …

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Decarbonisation will need more, better mining

The World Bank (WB) estimates, for instance, that production of minerals like graphite, lithium and cobalt could grow by 500 percent in the next three decades to meet demand for clean energy technologies. This comes on the backdrop that mining remains a vital part of a low-carbon future, a fact …

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