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Virus vaccine hopes propel copper to a two-year high

Base metals have climbed this month on signs of progress in developing a drug to combat Covid-19, which would help economies reopen and global growth recover. But there are still immediate fears that fresh lockdowns – especially in the US – could bring renewed pressure on economic activity. The Trump …

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Lepidico’s Namibia project set to receive US financing

Lepidico, an ASX-listed company, has entered into a formal mandate with the US International Development Finance Corporation (DFC) to carry out a thorough analysis and evaluation of the Phase 1 Karibibib project in Namibia to determine whether the project is eligible for DFC funding. Detailed due diligence will be performed …

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Mining Indaba 2021 goes virtually

Organisers of the continent’s biggest mining jamboree – African Mining Indaba have announced postponement of the event, slated for early next year. Simon Ford, Portfolio Director at Investing in African Mining Indaba the decision has been propelled by the on-going COVID-19 pandemic. “We are sorry to announce the 2021 edition …

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STEINERT’s New E-book on Tramp Metal Removal

STEINERT has launched an e-book on tramp metal removal equipment selection. The company has a range of magnets for use in tramp metal removal applications, and the book simplifies the selection decision-making process. “All equipment used in the recovery of minerals needs to be protected from collisions with tramp iron …

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Pix4D and SAP start a joint innovation project for the 3D inspection of transmission masts

Lausanne, Switzerland, Pix4D, technology pioneer and market leader in industrial photogrammetry software solutions, announces that it is starting a joint innovation project with SAP® to open up the market for drone-based, digital 3D inspections for telecommunications companies. SAP, a global leader in ERP (Enterprise Resource Planning) software, has included Pix4D …

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GV Gold increases production with the help of digital technologies

GV Gold, also known as Vysochaishy, one of the fastest-growing Russian gold mining companies, has rolled out the Zyfra OpenMine fleet management system (FMS) at its Ugakhan Mine in Russia’s Irkutsk Region in Siberia. The implementation of the project has resulted in a year-on-year ore production volume increase of 11%. …

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How will multinational mining companies respond to investors’ growing focus on environmental, social and governance (ESG) issues?

Despite the short-to-midterm challenges of the global pandemic, the biggest challenge for multinational mining companies over the next decade will be responding to investors’ growing focus on environmental, social and governance (ESG) issues. As a focal point of how seriously the extractives industries are now taking ESG investing, over the …

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Mining sector’s evolution is in tandem with global demand for increased responsibility and sustainability.

The expectations and priorities of a modern-day investor in the mining sector have significantly changed in line with global demand for more responsible and sustainable extraction of mineral resources. ESG, referring to the performance of investment portfolios against Environmental, Social and Governance (ESG) standards, has firmly established itself across the …

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We Need a Cohesive Strategy and Coordinated Approach for SMEs to grow post COVID-19

The announcement of a prolonged shut-down across many major African countries as a measure to contain the spread of COVID-19 could have dramatic negative effects on the economy of the entire continent. Africa’s GDP is largely driven by Small and Medium Enterprises (SMEs) and the informal sector that accounts for …

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