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Rio Tinto completes divestment of Rössing uranium stake

Rio Tinto has sold its entire 68.62% stake in the Rössing uranium mine for an initial cash payment of $6.5 million plus a contingent payment of up to $100 million. The $100 million contingent payment is linked to uranium spot prices and Rössing’s net income during the next seven calendar …

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Dundee Precious Metals proposes expansion of Tsumeb smelter

Dundee Precious Metals Tsumeb has proposed to expand their current smelter operations in Tsumeb in order to increase the copper concentrate throughput capacity from 240,000 tons per annum to 370 000. In a report for the proposed expansion released this week, it is said that Dundee has appointed SLR Environment …

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Mines’ technology push means new approaches to digitisation

As mining companies increasingly look to new technologies to improve their productivity, they are starting to think differently about how they approach digitisation and automation. The prolonged slump in commodity prices – along with no significant increase in productivity gains – has meant that mines have re-calibrated their cost structures, …

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