Namdeb to extend land-based operations' mine life to 2042

Mining News Pro - Namdeb Diamond Corporation, a 50:50 joint venture between De Beers Group and the government of Namibia, has approved a new long-term business plan that will extend the current life-of-mine (LoM) of its land-based operations as far as 2042.

Asia’s coal mining revival doesn’t mean the energy crisis is over

Mining News Pro - A crunch on coal production from key hubs in China and India is beginning to ease, but that won’t be enough to halt Asia’s energy crisis.

De Beers to extend life of Namibia mines to 2042

Mining News Pro - Namdeb, a joint venture between the Namibian government and diamond giant De Beers, announced on Thursday the approval of new long-term business plan that will allow it to extend its land-based mines’ life by 20 years to 2042.

Market value of on-road fuel cell vehicles to grow to $160bn by 2042

Mining News Pro - The market value of on-road fuel cell vehicles will grow to $160 billion by 2042 at a compound annual growth rate of 23.9% over a 20-year forecast period.

Rio Tinto cuts 2021 iron ore shipments forecast on labour squeeze

Mining News Pro - Rio Tinto Group on Friday reduced its 2021 iron ore shipments forecast, as a tighter labour market in Western Australia delayed the completion of a new greenfield mine at Gudai-Darri.

Moon dust: Greenland's recipe for saving Planet Earth

Mining News Pro - Among the glaciers and turquoise fjords of southwestern Greenland, a mining company is betting rock similar to the one the Apollo missions brought back from the moon can address some of Planet Earth's climate change problems.

Mantashe opposes coal ban for climate aid

Mining News Pro - Rich nations shouldn’t force South Africa to ban new coal-power projects and impose other conditions as a requirement for funding to help reduce its environmental footprint, the country’s energy minister said.

Uranium ETFs roaring back after $1 billion influx on nuclear bet

Mining News Pro - The rally for two exchange-traded funds focused on uranium is surging back, delivering fresh gains to investors who’ve poured more than $1 billion into them this year in a bet on nuclear power’s resurgence.

US coal use is rebounding under Biden like it never did with Trump

Mining News Pro - Donald Trump vowed to revive the coal industry, but it’s President Joe Biden who’s seeing a big comeback of the dirtiest fossil fuel.

Ramaphosa moots possible hydrogen partnership with Namibia as he punts Boegoebaai export hub

Mining News Pro - President Cyril Ramaphosa says South Africa stands ready to be a major exporter of green hydrogen and has described the special economic zone (SEZ) proposed for development at Boegoebaai, in the Northern Cape, as a major step towards realising the country’s potential to be a global leader in green hydrogen and derivative products, such as power fuels.

Fortescue grabs 60% of Dutch energy tech firm

Mining News Pro - Fortescue Metals Group’s green energy arm has bought a 60% stake in Dutch renewable firm High yield Energy Technologies (HyET), as part of the iron ore major’s plan to supply 15 million tonnes of green hydrogen globally by 2030.

The world needs Simandou iron ore

Mining News Pro - The world needs Guinea’s massive Simandou iron ore deposit to be developed, Rio Tinto’s chief executive said on Thursday, despite uncertainty in Guinea after last month’s coup.

Coal industry is getting ample funding to pile into new plants

Mining News Pro - The coal industry is still getting enough funding to enable significant investments in the world’s dirtiest fossil fuel, according to a report from German campaign group Urgewald.

Weir Group cuts profit outlook following crippling cyberattack

Mining News Pro - Industrial pump maker Weir Group is reeling following a sophisticated cyberattack in the second half of September that forced it to isolate and shut down its core IT systems, including enterprise resource planning (ERP) and engineering applications.

Group Ten Metals close to initial resource for Stillwater West project in Montana

Mining News Pro - Group Ten Metals expects to publish its first resource estimate in the coming weeks for the Stillwater West platinum-group elements (PGE) plus gold, copper, nickel and cobalt project in Montana, president and CEO Michael Rowley tells The Northern Miner.

Eskom is now world’s biggest sulphur dioxide emitter

Mining News Pro - Eskom Holdings, South Africa’s coal-reliant power utility, has become the world’s biggest emitter of sulphur dioxide, a pollutant linked to ailments ranging from asthma to heart attacks, the Centre for Research on Energy and Clean Air (CREA) said.

Top miners doubt customers can match their zero-emissions target

Mining News Pro - The world’s top miners are confident they can eliminate emissions from their own operations by 2050, but aren’t yet sure their customers can do the same.

Brazil prosecutors seek $457 million from Vale, Samarco, BHP for dam disaster

Mining News Pro - State prosecutors in the state of Minas Gerais have filed a lawsuit seeking 2.5 billion reais ($457 million) from miners Vale, Samarco and BHP related to a tailings dam disaster in 2015, according to a statement on Tuesday.

Fortescue Metals to eliminate scope 3 emissions by 2040

Mining News Pro - Fortescue Metals Group, the world’s fourth largest iron ore producer, became on Tuesday the first major miner to commit to achieving net zero scope 3 emissions, those produced by its customers including steel makers, by 2040.

ICMM members collectivity commit to net zero by 2050

Mining News Pro - Members of the International Council on Mining and Metals (ICMM) have committed to a goal of net zero Scope 1 and 2 greenhouse-gas emissions by 2050 or sooner, in line with the ambitions of the Paris Agreement.

WA miners mandated to get the jab

Mining News Pro - The Western Australian government on Tuesday mandated that fly-in, fly-out (FIFO) workers in the resource sector would need to be fully vaccinated by January 1, 2022.

Solar hybrid system at Fekola mine exceeding expectations

Mining News Pro - ollowing the commissioning of the world’s largest off-grid solar-battery hybrid system for the mining industry, at the Fekola gold mine, in Mali, expectations to reduce the mine’s heavy fuel oil consumption by over 13-million litres a year and to lower carbon dioxide emissions by an estimated 39 000 t/y have already been exceeded.

Coal surges to record as global scramble for energy accelerates

Mining News Pro - Coal prices soared to their highest on record as China accelerated a global struggle for resources that has brought the dirtiest fossil fuel roaring back.

Solar hybrid system at Fekola mine exceeding expectations

Mining News Pro - Following the commissioning of the world’s largest off-grid solar-battery hybrid system for the mining industry, at the Fekola gold mine, in Mali, expectations to reduce the mine’s heavy fuel oil consumption by over 13-million litres a year and to lower carbon dioxide emissions by an estimated 39 000 t/y have already been exceeded, Suntrace business development and sales manager Ralf Jungebloed said.

China orders top energy firms to secure supplies at all cost

Mining News Pro - China’s central government officials ordered the country’s top state-owned energy companies — from coal to electricity and oil — to secure supplies for this winter at all costs, according to people familiar with the matter.

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