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 …
Read More »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 …
Read More »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 …
Read More »New analysis software for automotive ethernet testing
PicoTechnology has released a new BroadR-Reach decoder/analyzer package that simplifies Automotive Ethernet integration testing and debugging. Locally represented by COMTEST the package includes a novel non-intrusive software directional coupler to separate up- and downstream traffic on full-duplex communication lines. BroadR-Reach allows multiple in-vehicle systems to simultaneously access information over single …
Read More »Aukam graphite gets production green light
Authorities at the mines and energy ministry have issued mining licence to Toronto based company Gratomic for the company’s Aukam graphite property located 120 miles from the Port of Luderitz. The licence covers base and rare metals, industrial minerals, and precious metals and falls within the proximity of the Aukam …
Read More »Goldfields innovation protects underground mine access
World-leading autonomous solutions specialist RCT has fulfilled requests from mining clients and devised a unique warning system designed to prevent oversized equipment from getting stuck inside underground mining portals. Staff from RCT’s branch in Kalgoorlie, Western Australia were separately approached by two major mining clients in the Goldfields and asked …
Read More »Namibia Critical Metals reaches agreement with stakeholders
Namibia Critical Metals Inc. (“Namibia Critical Metals” or the “Company”) (TSXV: NMI) announced it has reached agreements (“Debt Settlement Agreements”) with certain senior management and directors to fully settle an aggregate of $377,103 of unpaid compensation with the issuance of common shares in the Company. Pursuant to the Debt Settlement …
Read More »U-turn on royalties non-deductibility expected to encourage investor confidence-Govt
Minister of Finance has announced that the U-turn by the taxman to withdraw the proposal to disallow tax-deductibility of royalties for non-diamond mining companies would encourage investor confidence and economic agents to explore, produce and reinvest in Namibia. The proposal to not allow non-diamond mining royalties to be deducted …
Read More »Electra Mining Africa 2020 Cancelled
Organisers of Electra Mining Africa have announced that the 2020 show, due to take place from 7-11 September at the Expo Centre in Johannesburg, South Africa, has been cancelled due to the COVID-19 pandemic. The next edition of the show will be held from 5-9 September 2022 at the same …
Read More »Livelihood restoration, new focus for miners
Restoring the livelihoods of households affected by resettlement is fraught with challenges, so it is vital that mines begin the process early and carefully monitor to see what is working and what is not. According to SRK Consulting, it is only quite recently that livelihood restoration has become a focus …
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