Editor’s take: If your level of dissatisfaction is any indication, then you are among those who have influenced South Africa’s rankings in the World Happiness Index.
According to the World Happiness Report 2023, South Africa ranked 85th, falling below countries such as Algeria (81st), Vietnam (65th), and the Russian Federation (70th). We are also well below the likes of South Korea, Kazakhstan and Nicaragua.
If the Russians, who have been at war since February 2022, are happier than us, then we are indeed a very sad bunch of people. As of March 2023, Finland has been ranked the happiest country in the world six times in a row with Denmark, Iceland and New Zealand, among the countries with happy people. It’s no wonder then that the bulk of people leaving South Africa are headed for New Zealand.
On the cover
GoldOre: working to become a supplier of choice to the mining industry
The South African mining industry is highly regulated and conservative, and this poses unique challenges for technology suppliers like GoldOre, as it advances its MACH technology in support of the sector. Given the stringent requirements that suppliers to the sector have to meet in terms of product safety and ethical business, amongst others, East Rand-based technology specialist, GoldOre’s MACH’s patented technology has been developed to the highest standards, says MD Adrian Singh. Launched in 2012, the revolutionary MACH reactor offers solutions for dramatically improved productivity, efficiency and energy saving.
Copper 360 – unlocking the copper chest
JSE-listed junior copper producer, Copper 360, is eyeing mid-tier status as it targets production of between 20 000 tpa and 30 000 tpa of copper in the next two-to-three years, says CEO Jan Nelson, whose ambition it is to create a new copper district using the cluster mining model developed by its chair, Shirley Hayes. “As the only junior copper miner in the industry, Copper 360 has no competition from a peer group point of view and, while our production at this stage is relatively small, with the assets we have on hand we will, in the near future, become one of the leading copper producers in Africa.”
Altona advances Monte Muambe, eyes geographic expansion
Altona Rare Earths, a junior mining company progressing its flagship Monte Muambe project in northern Mozambique, remains receptive to attractive rare earths opportunities on the continent, Altona Rare Earths CEO, Dr Cédric V.G. Simonet, tells Modern Mining. The rare earths mineral developer, which recently made the jump from the Aquis Stock Exchange to the London Stock Exchange, remains firmly focused on advancing its early-stage asset, and has been taking the resource up the value curve.
De Beers to surpass Paris Agreement-aligned emission reduction targets
Diamond miner, De Beers, is on an ambitious drive to surpass the carbon emissions targets it has set, in accordance with the Paris Agreement, with the Venetia Underground Mine, which is in the final leg of completion, being a showcase asset in implementing key ‘green’ initiatives. The Paris Agreement’s overarching goal is to hold “the increase in the global average temperature to well below 2°C above pre-industrial levels” and pursue efforts “to limit the temperature increase to 1.5°C above pre-industrial levels.”
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