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Endeavour Mining acquires Semafo

Canada’s Endeavour Mining said on Thursday it had completed the C$1 billion ($732 million) acquisition of smaller rival Semafo, which has created West Africa’s top gold producer. With the merger completed, Semafo’s president and chief executive Benoit Desormeaux has assumed the role of Endeavour’s new president. Semafo’s chief financial officer, …

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Tomra’s sensor – based ore sorting technology

Source:Tomra

Last March the European Commission announced its Circular Economy Action Plan as one of the main blocks of the European Green Deal, this new EU action plan promotes the idea of a circular economy and fosters sustainable processes along the entire life cycle of products, aiming to ensure that the …

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50% production increase for Afritin

AFRITIN aimed to increase production from the first phase of its Uis project in Namibia by 50% following an optimisation study which also planned mining lithium ore in order to generate by-product revenue. The first phase optimisation plan, which was interrupted by COVID-19 related lockdown regulations in Namibia, will ultimately lead …

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Mantashe urges mines not hide cases of COVID-19

  South Africa Minerals and Energy Minister Gwede Mantashe urged mining firms not to hide cases of Covid-19 over fears that outbreaks could result in closures. The minister has advised mines to test for Covid-19 to the full extent of their capabilities. According to Mantashe, a complication is that people …

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Equatorial Guinea signs mining contracts

    Equatorial Guinea’s Ministry of Mines and Hydrocarbons (MMH) has signed marked the first mining contracts signed by the country in its history, by signing five mining contracts with three different companies. The move comes on the heels of the conclusion of the country’s inaugural mining bidding round last …

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Orica launches underground blast design software to boost productivity and reduce costs

Orica, the world’s largest manufacturer of commercial explosives and innovative blasting systems, today announced the release of its new blast design and modelling software for underground mining applications, SHOTPlus™ Underground. Since its original launch, SHOTPlus has grown to be the mining industry’s leading drill and blast software solution around the …

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First Quantum quashes Rio rumor, says Jiangxi no threat

First Quantum Minerals Ltd. says it hasn’t received any takeover approaches — including from Rio Tinto Group — since it last refuted “speculation” it had been in talks about a bid in September. The company’s president said that while executives were caught off guard by this week’s share purchase by …

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