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Liebherr at steinexpo 2023: Alternative drives and digitalisation in the quarrying industry

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  • More than ten Liebherr machines and numerous technologies as part of a static exhibition, on the demo site and in the Liebherr pavilion
  • Robust TA 230 Litronic articulated dump truck for tough use in the mining industry and overburden transport
  • Improved crawler excavators R 992 and R 978 SME of the new 70 to 100 t machines and the mining excavator R 9150 for particularly demanding projects in the mining industry
  • L 546 and L 586 XPower® wheel loaders as well as dozers PR 756 and PR 726with assistance systems for more power and safety

Liebherr will be represented at steinexpo 2023 from 23 to 26 August 2023 with over ten machines from its earthmoving and mining product segments. In addition to the products on static display and presented in live shows, the main focus of Liebherr’s presence will also be on alternative drives and the latest developments in the field of digitalisation. Several crawler excavators, an articulated dump truck, the largest Liebherr wheel loader as well as other wheel loader models, dozers and a mining excavator will be on display on Liebherr’s main booth, which covers around 1,200 m2

Biberach a. d. Riss (Germany), 14 July 2023 – For Liebherr, steinexpo has been an important trade exhibition in the earthmoving and quarrying sector for many years. This year, too, the Group will give around 50,000 visitors in Homberg in central Germany an insight into the product highlights and solutions for quarries and mines. For example, the earthmoving and mining product segments will present a highlight, the TA 230 articulated dump truck, as well as other machines for earthmoving in the extraction industry and a 100-tonne mining excavator. In Europe’s largest basalt quarry, many of these machines can be demonstrated to the public in a real working environment during daily live shows.

In the field of new technologies, at the exhibition Liebherr will put one focus on alternative drives. As part of its technology-neutral approach, the Group will provide an insight and outlook on various drive concepts at the exhibition: from the conventional combustion engine to hydrogen-based drives and electric drives. In addition, digitalisation in the field of earthmoving and mining machines, for example through digital assistance systems or virtual product simulations, will also play a major role.

Alternative drive technologies for the extraction industry

At the exhibition, the Group will present, among other things, its work on electric and hydrogen-based drives specifically for the use of machines in the extraction industry. In heavy-duty applications in particular, promising opportunities are opening up with hydrogen-based drives that offer representative ranges with high overall performance. The use of low-emission alternative fuels, such as HVO (Hydrotreated Vegetable Oil), which can already be already used in the majority of Liebherr machines, will also play a role at the exhibition.

One exhibition highlight awaiting visitors to steinexpo is Liebherr’s first hydrogen combustion engine. The H966 was developed by the Components product segment for demonstration and field trials and is based on port fuel injection technology (also known as PFI). The results achieved using this technology show the great future potential of hydrogen-based drives and speak in favour of using such drives, especially for off-road applications. The engine was first demonstrated at Bauma 2022 in the R 9XX H2, a hydrogen excavator prototype. In addition, Liebherr will be presenting an innovative solution for the mobile refuelling of construction machinery with gaseous hydrogen together with Maximator Hydrogen GmbH.

Powerful and all-terrain dump truck

The TA 230 Litronic articulated dump truck will be on display at steinexpo in both the static exhibition and the live show. The robust and durable dump truck is specially designed for demanding use in the quarrying industry and for overburden transport. In addition, the machine offers a wide range of optional equipment especially for the tough and wear-intensive use in quarries, as well as assistance systems.

Modern assistance systems make work easier: efficient dozers for extraction

In practical use, the PR 756 Generation 8 dozer shows in the live demo the advantages and possibilities offered by modern assistance systems. They make the driver’s work easier and at the same time enable safe and economical use of the machine. In addition to the Liebherr Silent Design, which enables particularly quiet operation, the revised electronically controlled hydrostatic drive with EcoMode allows for even greater fuel efficiency. The hydrostatic drive concept, which is standard in the new Generation 8 dozers, also enables significant cost savings for the customer thanks to the efficiency improvements.

Lower fuel consumption: improved crawler excavators in the 70 to 100 t class

The new R 992 crawler excavator will also be on show. Like the entire product range of 70 to 100 t excavators, it is characterised by optimised performance data, increased driving comfort, new assistance functions and low fuel consumption after numerous improvements. The new and patented Liebherr Power Efficiency (PE) – Engine Control system contributes to the latter in particular. Particularly suitable for use in mining or quarrying is, among other things, the crawler excavator R 978 SME, equipped with a new frame and further optional services, which will be demonstrated in the demo shows. An R 992 Generation 8 complements the crawler excavator range at the exhibition in the static exhibit area.

Efficient and safe: Powerful wheel loaders with various assistance systems

With the mid-sized L 546 at the booth and the large L 586 XPower® in the live demonstration, two particularly powerful Liebherr wheel loaders will be presented. Both machines feature efficient and powerful drive technologies and are available with innovative assistance systems. The L 586 XPower®, for example, is equipped with a weighing system developed by Liebherr that provides the driver with numerous information and enables the weighing data to be evaluated via Liebherr’s LiDAT fleet management portal, which, among other things, provides an overview with relevant machine and application data. The L 546 exhibited at steinexpo is equipped with the active person detection and thus significantly increases safety in the quarry.

Powerful 100 t mining excavator for quarry and mining applications

The exhibition will feature the Liebherr R 9150 100 t mining excavator designed for quarrying and mining. In addition to this most powerful excavator at the show, the Mining product segment will also exhibit the 18.7 m3 capacity bucket of an R 9350. The latest technologies, products and solutions for modern mining can be explored in a virtual mine: With the aid of virtual reality goggles, visitors can test the various assistance systems from Liebherr Mining in a virtual R 9600, which is one of the largest Liebherr mining excavators with an operating weight of 600 tonnes.

About the Liebherr Group

The Liebherr Group is a family-run technology company with a highly diversified product portfolio. The company is one of the largest construction equipment manufacturers in the world. It also provides high-quality and user-oriented products and services in a wide range of other areas. The Liebherr Group includes over 140 companies across all continents. In 2022, it employed more than 50,000 staff and achieved combined revenues of over 12.5 billion euros. Liebherr was founded in Kirchdorf an der Iller in Southern Germany in 1949. Since then, the employees have been pursuing the goal of achieving continuous technological innovation, and bringing industry-leading solutions to its customers.

The 100 t R 9150 mining excavator designed for quarrying and mining will be the highlight of Liebherr’s Mining product segment at steinexpo 2023.

Contact

Larissa Lunitz
Public Relations
Phone: +49 (7351) 41 4384
E-Mail: larissa.lunitz@liebherr.com

Published by

Liebherr-International Deutschland GmbH
Hans-Liebherr-Straße 45
88400 Biberach an der Riß / Deutschland
www.liebherr.com

Transnet opens port capacity for emerging manganese mining companies

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Transnet plans to open up capacity allocation for emerging miners through the Ports of Gqeberha and Saldanha from April, 2023 when its current long-term contracts come to an end.

In a statement, Transnet said it had issued a formal communique to all 10 manganese exporters recording the expiry of current contracts, which are set to wrap up on March 31, 2023.

“New contracts will be entered into with new and existing miners, effective from April 1, 2023,” it said.

According to Transnet, new contracting and capacity allocation processes have commenced, with the intent to enable the emerging miner to ramp up.

“Transnet hopes to increase the current number of emerging miners that have access to rail and port capacity from the current four to 11, through introducing seven new entrants by the beginning of the next financial year,” it said.

Transnet said currently, the emerging miner allocation was 2 million tons per annum (mtpa).

“Transnet seeks to make an additional minimum of 2mtpa available for emerging miners, thereby creating 100% growth to a minimum of 4mtpa in this sector by April, 2023. This constitutes a 25% share of total available capacity,” the group said.

The company said part of its strategy to enable emerging miners was to look at ways of easing its business processes.

“Some of these include the following: easing the burden of funding bank guarantees as a requirement for doing business for emerging miners; an arrangement where underwriters cover the risk of a guarantee by up to 50%; and Transnet covers the remaining 50% is currently being finalised with underwriters,” it said.

Transnet said it further commits to continue supporting emerging miners with loading capacity in the manganese space.

“Transnet would also like to reaffirm its commitment to its long-term expansion project, which includes enabling capacity growth from the current 16mtpa to 22mtpa by 2027. This ramp-up will further enable emerging miner growth,” the company said.

Meanwhile, Transnet Port Terminals, an operating division of Transnet, declared a force majeure to all its customers following the strike action declared by two recognised unions within Transnet.

The United National Transport Union (Untu) and the South African Transport and Allied Workers (Satawu) embarked on a strike against the offered wage increases by Transnet for the new financial year, as well as the fact that no wage increases were approved for the current financial year.

Transnet said it anticipated that portions of its operations will be scaled down.

“However, and to the extent possible, we will invoke contingency plans and source external stand-in or temporary resources to ensure that the operations continue across the various terminals.

“Should the strike extend beyond the anticipated period of one week, Transnet will assess the impact of the strike on its operations and the force majeure event declaration. Further communication in this regard will be forthcoming from Transnet Port Terminals,” it said.

John Deere rolls out new battery-powered farming and construction equipment

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For the first day of CES, John Deere, a leader in the farming and heavy machinery industries, announced two new technologies and detailed innovations it released earlier in 2022.

John Deere CEO John May delivered a keynote speech touching on a series of real-world situations John Deere’s technology hopes to address. In the speech, May mentioned that a growing population, decreased amounts of arable land, and increased greenhouse gas emissions are all considered when John Deere releases new farming and construction technologies.

West Africa: Serial entrepreneur turns to farming with locally-made tractor

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First, he received awards for inventing the Foufoumix, which brings relief from hours spent pounding foufou. Then, Minsob Logou invented a mini-tractor, tailor-made for local conditions. Now, he wants to sell it across the region.

Seeing imported agricultural machinery – often paid for by government or donors – lying discarded due to the unavailability of local servicing or parts was enough for Minsob Logou to invest his time, money and energy into a local solution for farmers. The result: the Logoutrac mini-tractor. It’s a step out of the kitchen and into the field for this Togolese inventor.

Better known in Togo and the region as the “father of Foufoumix”, Logou requires little introduction to those who keep an eye on the world of African invention. As early as 2002, Logou was honoured for his work by the World Intellectual Property Organisation and in 2014, he placed second at the African Innovation Awards. His desire to invent is deep-seated.

“The story started from a passion that I had from an early age for all things related to technology. Since the benches of the school, I had this thing in me for all that is technological. I have to try to see how they were designed, how we arrive at what we design can respond to a given functionality. This is what gave me all this knowledge today, which far exceeds what I learned on the benches,” Logou explained.

Born into a large family, his position as an engineer at Togo Telecom, though coveted, was not enough to stop the inventor from resigning to devote himself to finding solutions full time. His first big win came with an invention that allows cooks at home and in restaurants to replace hours of strenuous work – the Foufoumix. The industrial-looking kitchen unit has been a hit in West Africa to such an extent that knock-offs are now produced in China. Logou tries to provide local solutions to local problems.

“The basis of my research to be able to create a product is the observation of my community. When I see that they are in need of something, I can create machinery to make it easier for them to obtain a result in order to improve performance and make their lives better,” he said.

That was the thinking behind his latest invention, launched recently at his small factory located on the outskirts of the Togolese capital, Lomé. Logou describes his mini-tractor – which sports the Logoutrac brand – as a “made-in-Togo mini-tractor, a versatile, powerful and resilient machine”.

The prototype for the tractor was built using salvaged parts, with the idea that doing so would help buyers easily access spare parts. But due to high initial demand, the young Togolese engineer quickly took the next step.

SA agriculture equipment sales likely to moderate in 2022

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When farmers have a good year, allied industries benefit by spending the financial gains or from the produce of the farming businesses.

Agricultural machinery is one such industry that benefited from farmers’ spending in 2020 and 2021.

The farmers, specifically grain and oilseed producers, expanded their area planted in these past two years.

Weather conditions were favourable, resulting in a large harvest for two consecutive seasons.

This was also when commodity prices remained elevated, supported by global events such as dryness in South America, and rising demand for grains and oilseeds in China.

Had it not been for higher global agricultural prices, the local grain and oilseed prices would have softened due to large harvests.

The financial gains of these years went to improvement in agricultural equipment, among other activities in the farms.

For example, SA’s tractor sales for 2021 amounted to 7,680 units, up by 26% from the previous year.

Combine harvester sales amounted to 268 units in the same period, up by 46% from 2020.

Notably, 2020 was also an excellent year in SA’s agricultural machinery sales, so surpassing it means 2021 was indeed an exceptional year.

In 2020, tractor sales were up by 9% from 2019. Combine harvester sales increased by 29% from 2019.

In some people’s minds, the question is whether this “party” could go on in 2022?

The data recently released by the SA Agricultural Machinery Association presents a promise.

It showed that, in January 2022, tractors sales were up by 20% year-on-year, with 559 units sold.

But I think this is likely the tail end of the robust sales period and the coming months could show moderation.

Combine harvester sales have already moderated, having declined by 20% year-on-year, with four units sold in January 2022.

I know one should always avoid reading too much into one month’s data point, but the 2021/2022 production season for agriculture did not start as positively as other seasons.

Excessive rains in much of the country have compromised yields in some areas to an extent.

Farmers planted 4,21-million hectares of summer grains and oilseeds, which is up by 0,4% from the 2020/2021 season; however, production could be somewhat lower.

This summer crop production comprises maize, sunflower seed, soybeans, sorghum, groundnuts and dry beans.

If it materialises, a decline in volumes, even if agricultural commodity prices remain at these currently elevated levels, means farmers’ profitability will be under pressure.

Notably, this is also a season where the input costs surged at the start of the season and have remained elevated for even the areas that required replanting following flood damage.

For example, KAN/LAN (28), urea (46), and potassium chloride prices were up by 127% year-on-year (y/y), 182% y/y, and 114% y/y in January 2022, selling at about R13,933, R19,876 and R13,816 a tonne respectively.

Herbicides, which are also critical in an environment with spreading locusts in parts of the Eastern and Northern Cape, show a similar price trend.

For example, glyphosate, acetochlor and atrazine prices were up by 211% y/y, 139% y/y and 143% y/y in December 2021 respectively.

Regarding insecticides, imidacloprid, lambda-cyhalothrin and acetamiprid prices were, respectively, up by 124% y/y, 45% y/y and 121% y/y in December 2021.

There are many factors behind these sharp input cost increases, such as the supply constraints in critical fertiliser-producing countries, mainly China, India, the US, Russia and Canada.

Rising shipping costs, and oil and gas prices, are also contributing factors to the price increases, along with firmer global demand from the growing global agriculture.

All these factors mean farmers will likely not have as much financial muscle as in 2020 and 2021 to boost their equipment sales.

We don’t yet know what the actual 2021/2022 summer grain and oilseed harvests will be, and we look to the first production estimate due at the end of February by the Crop Estimates Committee for guidance.

Still, the consensus from various farmer surveys is that it will be less than the previous season where the maize harvest was the second-largest on record, at 16,3 million tonnes, and the soybean harvest was at a record 1,9 million tonnes.

When thinking about agricultural machinery sales, we also have to consider that the replacement rate of old equipment would ordinarily be lower after two years of solid sales.

These are dynamics that stakeholders in the agricultural machinery industry need to face this year, as their clients, farmers, face a myriad of rising costs, specifically inputs and potentially lower harvests.

Hence, I believe the strong tractors sales performance in January 2022 is primarily the tail end of the 2020 and 2021 “party” phase, and could soon moderate as the year progresses.

FINANCE NOW AVAILABLE FOR ALL JOHN DEERE FORESTRY EQUIPMENT

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John Deere Financial is excited to announce that we have extended our portfolio to include John Deere Forestry Equipment. The John Deere Financial objective is to support you and your business to benefit from tailor-made asset finance, which saves you money in the process. To deliver the best possible service and solution to our clients, John Deere Financial is built on four key pillars, namely: Convenience, Commitment, Competitiveness and Insightfulness.

CONVENIENCE

Time is a valuable asset, which is why John Deere Financial works hard to make it as quick and easy as possible to receive financing when you purchase John Deere products. The company has dedicated representatives in most areas who can help clients through the entire financing process. John Deere Financial has a team that is ready and waiting to visit its clients, assess and understand their unique needs, and recommend the most fitting financial solution. With the necessary permission, it is even possible for the John Deere Financial representative to assist in gathering the documents from the accountant or auditor. In this way, both parties can do what they enjoy, and the client can focus on what he does best.

COMMITMENT

Our clients invest in John Deere with the purchase of new John Deere equipment. In return, John Deere Financial wants to contribute to the success of our clients and their business. Unpredictable circumstances can easily disrupt the plans of our clients. During these times, John Deere Financial can provide the necessary support by presenting flexible solutions to their clients. John Deere Financial also recognises that business cycles may differ from year to year, which is why the payment date can easily be extended by a month or two, working with the client’s cash flow cycle.

COMPETITIVENESS

The first thing people consider when it comes to financing solutions is good interest rates. The financial package structure, along with considerations of the term and deposit, means that our clients can expect very competitive interest rates which means smaller installments. Competitiveness does not end with interest rates. However, the speed of these services, the type of financial solutions available to our clients, and their convenience all add weight. By positioning John Deere Financial as the market leader in the financing of John Deere equipment, the company challenges competitors to continuously improve their service and price, all to the benefit of our clients.

INSIGHTFULNESS

John Deere Financial continues to grow with the business of our clients. Through this, the company ensures that its service and solutions remain relevant and sufficient to meet the growing needs of our clients. In the forestry environment, John Deere provides custom-designed financial solutions and support with fast approvals. John Deere Financial invites customers interested in purchasing new forestry equipment, to contact their nearest John Deere Dealership or directly on reach out to John Deere at africa@johndeere.com.

Rokbak puts sustainability at heart of new machinery

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Rokbak, a manufacturer of off-highway articulated haulers that are used in mining, quarrying, and construction applications around the world, has said that its latest products are designed keeping sustainability in mind

The company said that it has a commitment to minimising its ecological footprint and its sustainability goals showcase a dedication to environmental stewardship in the heavy machinery industry.

As part of the Volvo Group, Rokbak is aligned to the Science Based Targets initiative (SBTi). Specific aims include a 30% reduction in CO₂ by 2030, a 50% factory operations emission reduction by the same year and becoming net-zero by 2040. These incentives have influenced the design of Rokbak trucks, the daily operation of the Rokbak Motherwell factory and a strict adherence to the Rokbak sustainability roadmap.

Reducing impact on the environment has seen Rokbak employ strategies stemming from fuel consumption analysis, examining alternative fuels, extending maintenance cycles and lessening maintenance consumables. Furthermore, this research and development in sustainability has led to the reduction of total cost of ownership (TCO) for Rokbak customers.

The largest running expense for a machine is gasoline, and the Rokbak RA30 and RA40 EU Stage V engines result in up to 7% less fuel usage than the old EU Stage IV engines. This essentially translates to fewer environmental impact and cheaper running expenses. Both the lean burning engines and the verified low fuel consumption of Rokbak’s articulated transporters. The RA40 delivers a class-leading 6,000 hours between gearbox fluid changes, while the RA30 gives an astounding 4,000 hours.

The hydrotreated vegetable oil (HVO), a fuel that enables clients to ‘quick-hit’ their own net-zero objectives, is compatible with the RA30 and RA40. HVO is a paraffinic bio-based diesel fuel made from various vegetable oils (waste cooking oil, rapeseed oil, palm oil, etc.) or animal fats. It is sometimes referred to as ‘Renewable Diesel’ or ‘Green Diesel.’ Although HVO shares many of the same chemical and physical characteristics as diesel, its composition is distinct from diesel and its low carbon content appeals to those looking for a sustainable fuel alternative. It is a cutting-edge method for producing premium bio-based diesel fuels without sacrificing fuel logistics, engines, exhaust aftertreatment systems, or exhaust pollutants. On a well-to-wheel study, HVO can reduce CO2 emissions by up to 90%.

Longer intervals between regular maintenance and infrequent fluid and part replacements result in less waste being dumped in landfills. Customers can stay on top of the vehicle with the use of maintenance and malfunction notifications, which also let them know when the unit has to be serviced again. Aside from enhancing sustainability measures and lowering TCO, buying components in advance and securing manpower boosts operational efficiency.

“When the customer buys a Rokbak hauler, they are acquiring a hauler that has been developed with sustainability in mind,” said Charlie Urquhart, Rokbak’s product manager. “It is a hauler that has been manufactured on a site powered by green energy and redirects waste away from landfill.”

The Rokbak plant is now entirely powered by green energy. 95% of produced garbage is now diverted away from landfill as part of efforts to become accredited for a zero-waste-to-landfill policy.

“We are creating significant steppingstones towards a sustainable future,” said Urquhart. “And this not only results in less waste being generated, but also benefits the Rokbak customer’s wallet.”

Investor analysis: why African mines hold key to green energy transition

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Investment Monitor analysis finds that foreign direct investment (FDI) into mines – and oil and gas projects – across the African continent is expected to rise in 2023, following a sluggish 2022.

The materials miners are interested in are those needed to make batteries and battery components for electric vehicles (EVs), but demand risks outpacing supply, and shortages of materials are expected by 2025, according to GlobalData analysis.

“Generally, there is currently either a shortfall of transition metals, or expected to be one in the coming years,” says David Kurtz, the director of mining and construction at GlobalData. “For some commodities such as lithium, cobalt and nickel, while supply and demand are quite balanced at the moment, as demand for EV batteries continues to rise, demand will quickly outstrip supply in the second half of the decade.”

Africa has some of the largest deposits of nickel, cobalt, graphite and lithium on Earth and is expected to produce 40,000 tonnes (t) of lithium this year. By 2030, that number is expected to climb to 497,000t.

There are, however, challenges to operating in Africa.

“Broadly, most of the easy-to-mine deposits have been, or are being, mined and so miners are increasingly having to go deeper and into more remote locations, which brings about safety and security risks,” Kurtz says. “Political instability and corruption also pose risks for miners in [certain locations in] Africa, along with challenges over regulations, which may be unclear.”

Despite this, the continent is well-positioned to help meet global demand for transition materials and investors have taken steps to begin exploration.

There has been greater exploration for graphite, lithium and rare earth minerals that will likely benefit established producers, as well as smaller mining markets like Côte d’Ivoire, Mozambique and Namibia, which will also present attractive opportunities for investors, analysis from risk consultancy ControlRisks finds.

Exploration under way in Namibia

Of these smaller mining markets, Namibia offers a functional political environment and low security risks, which foreign companies are most eager for.

Namibia historically ranks among the best countries in Africa in terms of security on Fraser Institute rankings, making it a more attractive jurisdiction compared with other countries on the continent.

“Namibia has a stable political and policy environment which is expected to lead to significant growth in investment in the coming years,” Kurtz says.

 

According to GlobalData, there are 135 mines in Namibia, most of them in the exploration stage, signalling high interest from mining companies.

 

 

“We have investors applying every day for permits and visas,” says Nangula Uaandja, CEO and chairperson of the Namibia Investment Promotion & Development Board.

The country’s work to maintain peace and security, put in place legislation and create an environment attractive to investors is paying dividends. Miners are optimistic about what lies below the Namibian desert soil and are encouraged by the stable environment.

“I believe the Namibian mining sector is underexplored, and there are opportunities for Namibia to play an increasing role in the green transition,” says Anthony Viljoen, the South African CEO of Andrada Mining, which operates exploration projects across Africa, including in Namibia. “They have tin, which is the glue that holds the whole green transition together now,” Viljoen says. “There is lithium, cobalt, nickel… it is all farmed there in relative abundance. The size of the deposits is off the charts.”

 

From mine to market

With the progress made in terms of regulatory and political stability, Namibia still has room to improve its attractiveness as an investment jurisdiction. For example, the country ranks 104th for ease of doing business, but Uaandja says the government has made improving this ranking a priority.

The country is determined to attract investment across the value chain, increasing beneficiation within its borders and across the continent. Though home to 30% of the world’s mineral deposits, 70% of mined minerals are exported.

“In terms of Agenda 2063, African leaders have realised that we have natural resources, but they are all being exported to other countries,” says Uaandja.

“There are significant opportunities for refineries in Africa, particularly in terms of the minerals that are mined on the continent, and this provides significant benefits for those who take up the first-mover advantages.”

From exploration to extraction and refining, Uaandja says there are many opportunities for companies. Namibia is also investing in vocational training in recognition that skilled labour is essential to develop the country’s nascent manufacturing sector. By 2050, according to the UN, Africa is projected to have the largest working age population in the world, with birth rates falling in other regions globally.

“Namibia is the best destination in Africa to invest in,” Andrada’s Viljoen says. “It is not perfect, but it is as close as you can get.”

Cobre and Sandfire kick off joint airborne surveys over Kalahari copper belt projects

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Cobre Ltd has kicked off a collaborative airborne gravity gradient (AGG) survey with neighbour Sandfire Resources, covering a large portion of the Kalahari Copper Belt (KCB), including Cobre’s Ngami Copper Project, Kitlanya West and Kitlanya East (KITE) Projects.

Notably, the results are expected to provide valuable information on KCB basin architecture and the location of sub-basins, margins and controlling structures where copper-silver mineralisation may be targeted.

The survey will complement results from the recently completed 5,000-metre diamond drilling, ongoing soil sampling, and aircore and reverse circulation drill programs, providing valuable additional data for area and target prioritisation at Kitlanya West and Ngami Projects.

Furthermore, AGG results may also help in the detection of copper-silver bearing trap sites analogous to Sandfire’s neighbouring T3 and A4 deposits at KITE, providing new targets for drill testing.

Significant insights

Cobre CEO Adam Wooldridge said: “We are pleased to announce that the AGG survey, in collaboration with Sandfire, is finally underway. These results are expected to provide significant insights into our understanding of the regional controls for copper distribution in the KCB.

“They will also provide a new targeting tool to complement our other datasets. The deliverables from this survey are expected to be highly complementary to the results from our ongoing aircore, reverse circulation drilling and soil sampling programs at KITW as well as providing further context for the distribution of copper-silver grades at NCP.

“Additionally, the results over the KITE project will be particularly interesting given its proximity to the T3 deposit and potential for hosting similar styles of deposit.”

Survey background

Gravity data is routinely used for mapping sedimentary basins where it provides a cost-effective method for modelling the basin architecture, often key to understanding the distribution of sedimentary copper deposits.

This is demonstrated in the historical regional ground gravity data over the north-eastern portion of the KCB where correlations are evident between the margins of gravity lows and known copper-silver deposits.

The higher resolution AGG is expected to build on these correlations, identifying further priority sites for copper-silver deposits as well as providing important structural information and potentially identifying trap-site targets where mineralisation may be economically upgraded.

Ivanhoe Updates On Sustainability Initiatives

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Ivanhoe Mines, a diversified miner with a 26-year history in the African mining sector, is aiming to enhance the sustainability goals of the group and its flagship Kamoa-Kakula copper complex in the Democratic Republic of Congo (DRC).

The company plans to utilize hydropower potential and abundant sunshine to decarbonize the mining industry, while also exploring various options to increase alternative power solutions. Ivanhoe has obtained approval for environmental and social impact assessment amendments for Kamoa-Kakula’s Phase 3, while it awaits the same for its Platreef project in South Africa. The latter is expecting to receive power from a 5 MVA solar power plant before year-end, and evaluating other power options.

The company has also completed a greenhouse gas alternatives analysis for Kamoa-Kakula and implemented GHG emissions programs to reduce emissions. Additionally, the company has established a biodiversity project nursery and an apiary as sanctuaries for pollinators, promoting natural habitation and plant diversity.

To meet local procurement obligations, Ivanhoe has implemented targeted enterprise and supplier development programs, which have supported seven informal enterprises and 41 formal enterprises. Additionally, eight opportunities have been exclusively earmarked for local community suppliers.

The company is also building the Kamoa Centre of Excellence to create a sustainable and community-focused higher learning environment.

The community development initiatives of Ivanhoe have provided communities with valuable infrastructure, as well as supported local businesses and established value chains in the areas around the mining complexes. These initiatives also include investments in sustainable agriculture and farming, early childhood education, and gender equality.