Editor’s take: Welcome December, welcome holidays.
2024 has been an eventful year. It has delivered many ‘shocks’, from the ANC losing its parliamentary majority to the formation of the GNU, Donald Trump taking office for a second term and snow in the Saudi Arabia desert – the first snowfall ever recorded in the Al-Jawf region in the northern Al-Nafūd desert. For Mzanzi, 2024 has been a challenging year with non-stop retrenchments, countless business closures and ends-not-meeting for most households. As we wrap up this year, South Africa’s mining industry, which contributes 7.53% to GDP, saw the majority of its commodities, barring gold, under pressure, leading to a drop in both revenue and profits.
Antimony: With global supply restricted by China, what options remain?
With the global push towards a zero-carbon future gaining momentum, the importance of critical minerals has risen significantly. Antimony has emerged as a key player on this stage, and as the world accelerates its efforts to shift to sustainable energy sources, antimony has proven indispensable in various technologies that are pivotal for the green transition. From advanced energy storage systems to flame retardants in renewable energy infrastructure, antimony is essential in reducing our reliance on fossil fuels and is proving vital in the quest for a more sustainable planet.
Cora Gold takes assets up the value curve
Exploration and development company, Cora Gold, used the time the Malian government took to make changes to its mining codes to ramp up its exploration portfolio, which consists of its Madina Foulbé exploration permit in the Kenieba Project Area – located in east Senegal – and its Sanankoro Gold Project in south Mali, CEO Bert Monro, tells Modern Mining. The government of Mali placed a moratorium on exploration permits when it began the process of initiating changes to its mining laws in November 2022.
SEW-EURODRIVE expands its service footprint with new repair centre
SEW-EURODRIVE South Africa, a leader in drive and control technologies, is expanding its presence and capabilities in the African market with a new 17 000 m² Service and Repair Centre, built to enhance the service offering for planetary gearboxes across the continent. This facility will be the cornerstone of SEW-EURODRIVE’s strategy to ‘close the loop’ by offering comprehensive repair services within Africa, minimising downtime and extending the life of vital equipment in sectors such as mining, manufacturing and heavy industry.
Kal Tire’s solutions target safety and lower costs
The cost of tyres for giant mining equipment is among the top ten outlays, with miners turning to specialists, such as Canadian tyre expert Kal Tire, for innovative tyre solutions, Kal Tire’s Mining Tire group manager: mining technology solutions, Christian Erdelyi tells Modern Mining.
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