Economic & Industrial

Mining News Pro - Mineral Resources and Energy Minister Gwede Mantashe has expressed concern about the increased number of fatalities in the mining industry this year, compared with last year, during a virtual principals meeting.

Mining News Pro - The coronavirus lockdown is hastening digitalisation and automation in the mining industry, major firms and their partners said this week, helping to get more work done at remote mines, even if operators are far away. That trend will drive down costs quicker, leading to smaller, cleaner mines where more can be done with fewer people, industry officials said at the IMARC mining conference in the Southeastern Australian city of Melbourne.

Mining News Pro - The Minerals Council of Australia (MCA) has launched three mining skills project hubs, including an apprenticeships hub that aims to put 5000 people into work.

Mining News Pro - The Minerals Council South Africa has expressed its concern about the sovereign ratings downgrades by agencies Moody’s and Fitch on November 20, which pushed South Africa deeper into “junk territory”.

Mining News Pro - The governor of Argentina’s southern Chubut province, Mariano Arcioni, is being criticized on social media after an environmentalist lawyer resurfaced a 2017 video where Arcioni states that mining should not be allowed in the region due to its polluting effects on the natural environment.

Mining News Pro - Egypt’s Minister of Petroleum and Mineral Resources, Tarek El-Molla, announced the launch of an exploration tender for iron, copper, phosphates, lead, kaolinite, potassium salt, white sand, Nasser Lake clay, and accompanying minerals.

Mining News Pro - Egypt has awarded 82 exploration blocks to 11 companies in an international bid round for mineral exploration, Petroleum Minister Tarek El Molla said on Thursday.

Mining News Pro - Mining is anticipated to be the second hardest-hit industry in Australia should there be an inaction to mitigate climate change, according to Deloitte.

Mining News Pro - Ghana`s special prosecutor resigned on Monday over a dispute surrounding a planned $500-million initial public offering (IPO) of gold royalty fund Agyapa Royalties in London, which his office has said was open to corruption.

Mining News Pro - Africa needs to cultivate a cluster of “real catalytic investors to mount strong, build-back better resilient mining investment” in response to the global Covid-19 pandemic, says Africa investor Hubert Danso.

Mining News Pro - Minister of industry, mine and trade believes that Iran needs 5 million tons of steel coils every year and development projects in Mobarakeh Steel company will accelerate the process.

Mining News Pro - Zambia’s plan to sell the copper mines it seized last year from-billionaire Anil Agarwal’s Vedanta Resources is bogged down in legal challenges that are discouraging buyers.

Mining News Pro - Queensland Premier Annastacia Palaszczuk has appointed Scott Stewart as the new Queensland Minister for Natural Resources, Mines and Energy following Anthony Lynham’s retirement from the role.

Mining News Pro - There is little doubt among industry associations, the Conference Board of Canada and C.D. Howe Institute that a Joe Biden White House will be better for Canadian resource and energy exporters – even Alberta’s beleaguered oil industry, despite Biden’s promise to kill the Keystone XL pipeline.

Mining News Pro - Mine industry officials in Peru are looking to interim President Manuel Merino to assure stability ahead of elections in April as the world’s No. 2 copper producer seeks to bounce back from its worst economic crisis in a century.

Mining News Pro - BHP has cut jobs and modified employee rosters at the Mt Arthur coal mine in New South Wales, according to the Construction, Forestry, Maritime, Mining and Energy Union (CFMEU).

Mining News Pro - Botswana`s President said its mining industry is expected to shrink by nearly a quarter this year, before bouncing back to growth in 2021 as the diamond market picks up and production begins at a new copper mine.

Mining News Pro - Argentina mining exports are expected to dip by 25% this year after activity ground to a halt under one of the strictest coronavirus lockdowns in the world, officials said on Thursday.

Mining News Pro - Consultations evaluating the closure or other alternatives related to former Metso Outotec operations in Vereeniging, South Africa, have been concluded and resulted in the decision to divest the fabrication, machining and assembly operations and close, or rearrange, the rest of the operations.

Mining News Pro - Miners are engaging in plenty of takeover talks despite a tepid year for acquisitions, but few deals will get done without greater clarity on the economy and an ebbing of Covid-19, said the industry’s top dealmaker.