Ivanhoe Mines Executive Co-Chair Robert Friedland and President Marna Cloete recently announced that an agreement has been reached to replace the outstanding convertible loan balance owed to Ivanhoe Mines by High Power Exploration (HPX) into an equity investment in I-Pulse Inc (I-Pulse), HPX’s parent company. Founded by Robert Friedland and Laurent Frescaline in 2005, I-Pulse[…]
The priority at the top of the list of every diamond producer is to maximise diamond recovery, while optimising costs as well as acting on the growing pressure to address corporate social responsibility and environmental issues. This is where TOMRA Mining says it can help. TOMRA’s holistic approach and cutting-edge technologies have proven to deliver[…]
Multotec, an industry leader in metallurgy and process engineering, is commemorating its 50th anniversary this year and says it is marking this milestone by reaffirming its position as a proudly South African company that can compete with top global competitors. The company was established in 1973, starting with an imported screening product from Germany intended[…]
Following its successful expansion of the sewage treatment plant at the Lucara Diamond’s Karowe mine in Botswana, WEC Projects has secured further orders from the client, it says. This time, it has been engaged for the design and construction of a sedimentation trap, tanker filling station and associated infrastructure, including storm water drains and fencing.[…]
There was a lot to digest in Epiroc’s 2022 Annual & Sustainability Report, published today, both in the initial CEO comments from President and CEO Helena Hedblom and then in the full breakdown on areas relating to value-creating strategy and sustainability. As usual the most interesting aspect is how it views its own progress, and[…]
De Beers has devised an autonomous mining roadmap for its Venetia Underground Mine (VUG) that will – once fully implemented – result in the new $2 billion mine becoming one of the most mechanised and automated mining operations in the world. The VUG replaces open pit operations at the Venetia Diamond Mine and extends mine[…]
Ericsson has signed a reseller agreement with Comsol at Mobile World Congress 2023, Barcelona, Spain to provide the Ericsson Private 5G solution that will enable Comsol to expand its enterprise business within South Africa’s mining industry. With Ericsson’s high-end connectivity solution and Comsol’s expertise in mining and systems integration, this collaboration is set to help[…]
On February 28, 2023, at the MWC Barcelona 2023 event, Botswana’s Debswana and Huawei jointly announced what they hailed as the world’s first 5G-oriented smart diamond mine project. Guests included the Hon. Thulagano M. Segokgo, Minister of Communications, Knowledge and Technology of Botswana, Debswana’s Head of Information Management Molemisi Nelson Sechaba and Xu Jun, Chief[…]
Rio Tinto says it has approved a $40 million investment in the first phase of underground mining below the existing A21 open pit at its Diavik Diamond Mine in the Northwest Territories of Canada. Based on the updated mine plan and production schedule including the A154N and A154S pipes, and subject to approval of the[…]
Lucara Diamond’s Karowe underground expansion project or UGP in Botswana is expected to extend the mine life to at least 2040, with initial underground carat production predominantly from the highest value EM/PK(S) unit and is forecast to contribute approximately $4 billion in additional revenues, using conservative diamond prices. The updated estimated capital cost for the[…]