Proactive’s Post

In what will be the largest greenfield integrated mine and infrastructure investment in Africa, more than 600km of new multi-use rail together with port facilities will be co-developed by the Republic of Guinea, Simfer and WCS. This will allow the export of up to 120 million tonnes per year of mined iron ore by Simfer and WCS from their respective Simandou mining concessions in the southeast of the country. The co-developed infrastructure capacity and associated cost will be shared equally between Simfer, which will develop, own, and operate a 60 million tonne per year mine in blocks 3 and 4 of the Simandou Project, and WCS, which is developing blocks 1 and 2. Under the co-development arrangement, Simfer and WCS will deliver separate infrastructure scopes to leverage expertise. Simfer will construct the approximately 70km Simfer spur rail line and a 60 million tonne per year transhipment vessel (TSV) port, while WCS will construct the dual track approximately 536km main rail line, the approximately 16km WCS spur rail line and a 60 million tonne per year barge wharf Leon Louw #whyafrica #whymineafrica #exploration #mining #africa #ironore https://lnkd.in/eXZJWTyY

Pilbara Minerals has released a detailed announcement on the outcomes of their P2000 Project Pre-Feasibility Study. Key highlights of the report include the development of a new whole of ore flotation plant with an estimated capital expenditure of $1.2 billion and an incremental project NPV of $2.6 billion. The potential production capacity for the new plant is projected at 2 million tonnes per annum (Mtpa) with an impressive internal rate of return (IRR) of 55% on cash flows post-tax. The P2000 Project is expected to significantly boost production capacity, aligning with Pilbara Minerals' strategic goal to increase their influence in the sustainable battery materials market. The project envisions a nominal throughput of 5 Mtpa and an average annual production of 1.9 Mtpa of concentrate over the first ten years. This expansion reduces the life of mine to 23 years but opens possibilities for future exploration and resource conversion. Financially, the project appears robust with a long-term spodumene concentrate pricing assumption of US$1500 per tonne and a favorable exchange rate of AUD:USD 0.70. The unit operating costs are anticipated to be in the range of A$550 to A$650 per tonne, with capital construction costs estimated with a -20%/+30% accuracy. Future steps include a comprehensive feasibility study slated for completion by the December quarter of calendar year 2025, subject to final investment decisions and market conditions. Pilbara Minerals' strategic initiative to diversify into the battery materials supply chain and leverage their ownership of a Tier 1 asset in a low-risk mining jurisdiction sets a progressive path forward for the company.

Soil Solutions offers a comprehensive approach for enhancing the structural integrity and sustainability of roadways within mining operations like the Lafigue gold project in Cote d'Ivoire. By applying our Intelligent Mining Solutions, we can significantly improve the durability and resilience of access roads used for heavy machinery and logistics. Our solutions involve innovative treatments for road surfaces that increase their strength and reduce maintenance requirements. Moreover, Soil Solutions' expertise extends to effective dust control measures. Our environmentally friendly products can help minimize dust emissions—a common issue in open-pit mining that can affect worker health and machinery efficiency. By sealing the roads and controlling dust, Soil Solutions not only enhances operational efficiency but also contributes to a safer and more sustainable mining environment. This approach ensures that the project can maintain robust logistics and infrastructure support throughout its lifecycle, aligning with both economic and environmental objectives. Intelligent Mining Solutions https://lnkd.in/dR32Z2qU #miningnews #goldmining #intelligentmining #roadinfrastructure #roadconstruction #surfacetreatment #soilstabilization #dustcontrol #environmentfriendly #workersafety #healthyenvironment #operationalefficiency #sustainablemining #costeffective #dustfree #maintenencefree #innovativesolutions #greenmining

Malawi hosts several critical mineral deposits and a number of early-stage exploration and mining projects have drawn the attention of major global mining companies. WhyAfrica will visit Malawi next month on Leg 3 of our 2024 WhyAfrica Road Trip to find out how far the country has come in terms of positioning itself as a significant African mining destination.     One of the projects in the landlocked country of Malawi that has caught the attention of global mining majors is Australian listed Sovereign Metal’s Kasiya Rutile-Graphite project, about 75km from Malawi’s capital city of Lilongwe. Earlier this month Sovereign Metals announced that the pilot site construction for the ongoing pilot mining and land rehabilitation program (Pilot Phase) at Kasiya is on schedule with groundworks underway. Key contractors and consultants have been appointed across all major disciplines essential for the pilot phase. ·      Multinational engineering and construction company Mota Engil Group has been appointed to perform all excavation required for site establishment, the water storage pond, the test pit, seven rehabilitation pits site closure and general rehabilitation of the site. ·      South Africa-based consultancy Fraser Alexander has been contracted to complete the hydraulic mining phase. ·      Backfill, storage and tailings management will be assessed by South African residue management solutions consultancy Epoch Resources ·      International engineering company DRA Global has been appointed to oversee and provide engineering and design services required during the pilot phase. To read the full article click on the link below or visit the WhyAfrica website, your one-stop-shop for on-the-ground information and business intelligence about Africa.   WhyAfrica specialises in the sustainable utilisation and responsible extraction of Africa’s natural resources.   WhyAfrica supports the empowerment of African communities, especially women and the youth, through development projects.   Leon Louw Sovereign Metals Mota-Engil Fraser Alexander Epoch Resources (Pty) Ltd DRA Global   #whyafrica #whyafricaroadtrips #africa #mining #exploration #quarrying #equipment #agriculture #farming #forestry #ESG #infrastructure #watermanagement #energy #tourism #sustainability #carbonemissions #naturalresources #environment #naturalresourcemangement #environmentalmanagent #biodiversity #conservation #travel #climatechange #extremeweatherevetns  https://lnkd.in/dfCP4Mjf

Akobo Minerals reports successful commissioning of Segele gold processing plant   OSLO, 23 July 2024: Akobo Minerals AB (Euronext Oslo Børs and Börse Frankfurt: AKOBO) (OTC Markets Group:AKOBF). Akobo Minerals, a leading gold exploration and mining company based in Scandinavia with operations in Ethiopia, is pleased to announce that the Segele processing plant is now operational. This milestone represents a significant advancement for the company’s operations in Ethiopia. The commissioning process has successfully activated the majority of the Segele plant, allowing Akobo Minerals to process a substantial amount of ore efficiently and safely. Last week, the first phase of commissioning was completed, with Gekko Systems and Solo Resources (Pty) Ltd overseeing the setup of the milling, grinding, Falcon concentrator, InLine Leach Reactor, and furnace in the gold room. The final phase, the activation of the InLine Leach Reactor (ILR), was completed by Gekko Systems. The company anticipates an extraction efficiency of 76% from the concentrator and ILR system. Jørgen Evjen, CEO of Akobo Minerals, remarked, “This is a great achievement for our team and a testament to the quality and build of the processing plant. We have received solid feedback and are proud of the strong work from our team. We look forward to processing our first ore and moving forward with the project.” Akobo Minerals appreciates the strong support and interest from the Ethiopian Government in the Segele project. The company recently hosted a delegation, including Deputy Prime Minister Temesgen Tiruneh, Minister of Mines Habtamu Tegegne, and Gambella President Omod Ojulu, who were on-site to oversee the first run of operations. In line with a phased approach to optimize both operational efficiency and cost-effectiveness, the commissioning of the CIL (Carbon in Leach) system will be deferred until production volumes are increased. This strategy ensures that the plant operates in a cost-effective manner while allowing the team time to familiarize themselves with the initial phase of the plant. Tailing from the current ore will be stored and reprocessed once the CIL tanks are operational. The plant is designed with the capability to produce 4,000 ounces of gold per month, with an expected recovery rate of 96%. Additionally, its modular design allows for future upgrades as the Segele mine and adjacent targets are developed, ensuring the plant remains adaptable to evolving operational needs. Currently, the company is blasting and mining ore from the Western winze and expects to process low-grade ore through the plant in the coming weeks. For more information Jørgen Evjen, CEO, Akobo Minerals  Mob: (+47) 92 80 40 14  Mail: jorgen@akobominerals.com  LinkedIn: https://lnkd.in/dDHHEQPD  Web: www.akobominerals.com  #Commissioning #Mining #Operations #Explortaion #Ethiopia #Gold #OTC #AKOBO #AKOBF

Exciting news from Genmin! The issuance of a large-scale 20-year mining permit for the Baniaka iron-ore project in Gabon marks a significant milestone. Kudos to Genmin MD and CEO Joe Ariti and nonexecutive director Pietro Amico for their leadership in achieving this feat. The support from Gabon President Brice Clotaire Oligui Nguema, as evidenced by the Presidential decree, showcases a strong commitment to fostering economic development in the region. The 20-year permit, granted after thorough evaluations, positions Genmin to commence a five-million-tonne-a-year mining operation, contributing substantially to the iron-ore market. The dedication of Genmin's partners, WSP-Golder South Africa, and local consultant Terea, in navigating the complex SEIA process is commendable. Their expertise played a pivotal role in achieving this timely outcome. With regulatory approval in hand, Genmin can now set ambitious targets, aiming to commence production by the end of quarter two in 2025. The favorable iron-ore price environment and a proactive government in Gabon create a promising backdrop for Genmin's endeavors. Looking ahead, as Genmin focuses on a proposed capital raising, the return of shares to the ASX, and discussions with potential project build financiers, I'm curious about how Soil Solutions could complement these efforts. Their expertise in sustainable infrastructure solutions could play a vital role in optimizing the environmental impact of the Baniaka project, aligning with Genmin's commitment to responsible mining. Congratulations to the entire Genmin team and its partners on this significant achievement. The future looks promising for the Baniaka iron-ore project and its contribution to economic development in Gabon. #miningnews #ironore #economicdevelopment #gabon #sustainability #infrastructuresolutions #responsiblemining #environmentalsustainability

Malawi hosts several critical mineral deposits and a number of early-stage exploration and mining projects have drawn the attention of major global mining companies. WhyAfrica will visit Malawi next month on Leg 3 of our 2024 WhyAfrica Road Trip to find out how far the country has come in terms of positioning itself as a significant African mining destination.     One of the projects in the landlocked country of Malawi that has caught the attention of global mining majors is Australian listed Sovereign Metal’s Kasiya Rutile-Graphite project, about 75km from Malawi’s capital city of Lilongwe. Earlier this month Sovereign Metals announced that the pilot site construction for the ongoing pilot mining and land rehabilitation program (Pilot Phase) at Kasiya is on schedule with groundworks underway. Key contractors and consultants have been appointed across all major disciplines essential for the pilot phase. ·      Multinational engineering and construction company Mota Engil Group has been appointed to perform all excavation required for site establishment, the water storage pond, the test pit, seven rehabilitation pits site closure and general rehabilitation of the site. ·      South Africa-based consultancy Fraser Alexander has been contracted to complete the hydraulic mining phase. ·      Backfill, storage and tailings management will be assessed by South African residue management solutions consultancy Epoch Resources ·      International engineering company DRA Global has been appointed to oversee and provide engineering and design services required during the pilot phase. To read the full article click on the link below or visit the WhyAfrica website, your one-stop-shop for on-the-ground information and business intelligence about Africa.   WhyAfrica specialises in the sustainable utilisation and responsible extraction of Africa’s natural resources.   WhyAfrica supports the empowerment of African communities, especially women and the youth, through development projects.   WhyAfrica Sovereign Metals Mota-Engil Fraser Alexander Epoch Resources (Pty) Ltd DRA Global   #whyafrica #whyafricaroadtrips #africa #mining #exploration #quarrying #equipment #agriculture #farming #forestry #ESG #infrastructure #watermanagement #energy #tourism #sustainability #carbonemissions #naturalresources #environment #naturalresourcemangement #environmentalmanagent #biodiversity #conservation #travel #climatechange #extremeweatherevetns  https://lnkd.in/dguKUX7U

**Major Chile Copper Development Projects 2024** - #Centinela Mine Expansion (Antofagasta): Majority owned by Grupo Antofagasta Minerals, construction began in Q1 2024, with $2.5B in project financing secured. First production in 2027, with a 36-year mine life. - #Marimaca Project (Antofagasta): Owned by Marimaca Copper (51%) and SCM Compania Minera Chuminga (49%), with an annual copper production capacity of 40kt. Prefeasibility studies are ongoing, and production is expected in 2028. - Rajo Inca Project (Atacama): Owned by CODELCO – Corporación Nacional del Cobre de Chile, with construction 70% complete and operations expected in September 2024. Annual production capacity is 30kt. - Santo Domingo Project (Copiapo): Owned by Capstone Copper (70%) and Korea Resources Corporation (30%), with operations set to begin in 2028 and a mine life of 18 years. The project has a production capacity of 119.3kt of copper annually. #mining #mineralexploration #mineralprocessing

Akobo Minerals is making excellent progress at their Segele gold project in Ethiopia. Scandinavian based Akobo holds an exploration license covering 182 square kilometres and a mining license covering 16 square kilometres in the Gambela region and Dima Woreda, Ethiopia. Akobo Segele mine has an Inferred and Indicated Mineral Resource of 68,000 ounces, yielding a world-class gold grade of 22.7 g/ton. The deposit is still open to depth and the gold mineralised zone continues to expand and will have a positive impact on future resource estimates and the life expectancy of the mine. “The exploration license holds numerous promising exploration resource-building prospects in both the vicinity of Segele and in the wider license area,” says Jørgen Evjen, CEO, Akobo Minerals. The Ministry of Mines of Ethiopia has done a lot over the last few months to improve aspects such as infrastructure and ironing out logistical challenges, which hampered the supply chain for companies like Akobo. Diesel supply was a significant challenge for companies operating in Ethiopia earlier this year, while import procedures at customs resulted in substantial delays. It seems that these challenges have been addressed and companies like Akobo Minerals operating in the remote regions of Ethiopia has turned its supply chain system around. Akobo says in a recent report that it is now able to import goods from around the world at much improved lead times.    According to Evjen Akobo has engaged DRA Global to optimise mine and processing plant operations. The company has also put in place partnerships with third party procurement enterprises Airland Logistics and DRA Global. The company has further been awarded licenses for independent fuel sourcing and transportation, bolstered by a direct agreement with the Ethiopian National Oil Company. To read the full article click on the link below or visit the WhyAfrica website, your one-stop-shop for on-the-ground information and business intelligence about Africa.   WhyAfrica specialises in the sustainable utilisation and responsible extraction of Africa’s natural resources.   WhyAfrica supports the empowerment of African communities, especially women and the youth, through development projects. Image credit: Akobo Minerals Leon Louw Akobo Minerals Jørgen Evjen DRA Global Airland Logistics Siyathembana Diesel Storage Tanks Bonita Botha FUEL STORAGE SOLUTIONS, FUEL MANAGEMENT SYSTEMS, ATA International Holdings Kyle Hudson Bennett #whyafrica #whyafricaroadtrips #africa #mining #exploration #quarrying #equipment #agriculture #farming #forestry #ESG #infrastructure #watermanagement #energy #tourism #sustainability #carbonemissions #naturalresources #environment #naturalresourcemangement #environmentalmanagent #biodiversity #conservation #travel #climatechange #extremeweatherevetns  https://lnkd.in/dhQGERuY

"Mining, Minerals And Metals Industry Analysis - 2030    The Mining, Minerals, and Metals market research sector encompasses the systematic analysis of industries involved in the extraction, processing, and production of raw materials and metal-based products. In 2023, this market saw a compound annual growth rate (CAGR) of approximately 4.3%, driven by increasing demand from construction, automotive, and technology industries. Notable trends include the surge in metal recycling to meet sustainability goals and advancements in mining automation technologies to enhance efficiency. The market also faced regulatory challenges tied to environmental impact and geopolitical factors affecting resource availability. Critical minerals like lithium and cobalt saw heightened interest due to their roles in battery production for electric vehicles.    Top Companies in Mining, Minerals And Metals Industry    || KIG Africa Mining Ltd || Critical Mineral Ventures || Stillwater Critical Minerals || MinPol GmbH || IMALIMWHE MINING COMPANY LTD || Golden Bricks HR Solutions Private Limited || Magenge Mining Group || SREEVEL MINERALS || MINEENTRA || Kent Bannister Pty Ltd || EMR Business Solutions LLP (Expert Market Research) || GOMO Ambiental Services Ltd || Quesrow Research & Strategy Co. || Modern Metals LLC || Berg Schola || TREASURELAND EXPERT MINING & SAFETY CONSULTANCY COMPANY LIMITED || Laser Distance Spectrometry || PROGRESSIVE AND POPULAR MINERALS PRIVATE LIMITED || Citigate Commodities Trading Ltd || Optica Capital || Lewang Engineering || MW Mining and Inspections || CRUGAR Internacional || Novus Engineering Inc. || Exhange Minerals || Tech Mill Services Ltd || Timer Local Miners CO,LTD || Octus Minerals Zambia Limited || Synergy Development Group || Theseus Project Services || Anglo Pacific Mining || New Dawn Metals || Method || Isam Holding || Escorpión 10 SA de CV || Ennovate Consulting || BHP Minerals Holdings Proprietary Limited || BIC Trading LTD || Queensland Critical Minerals Limited    #Mining #Minerals #Metals #innovation #management #digitalmarketing #technology #creativity #futurism #startups #marketing #entrepreneurship #money #sustainability #inspiration"