Modern Mining December 2024

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COMMODITIES OUTLOOK 8 Antimony: With global supply restricted by China, what options remain? 12 Value of gold demand rockets with price

GOLD 14 Cora Gold takes assets up the value curve

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CONTENTS CRITICAL MINERALS 18 Critical Minerals Summit scheduled for robust discussions

WEST AFRICA 20 SEW-EURODRIVE expands service footprint with new repair centre 22 Pressure to foster new skill sets as mining in West Africa grows - SRK 24 ESG disclosures have become a de facto requirement MATERIALS HANDLING 26 Kal Tire’s solutions target safety and lower costs 28 Tru-Trac’s innovations: a game-changer for bulk materials handling 31 MY DEVELON wins Red Dot Design award 32 How chutes can deal with faster conveyor belt speeds 34 80 years of innovation and growth celebrated at Martin Engineering REGULARS MINING NEWS 3 Minerals Council commits to new milestones related to zero harm Mine blast viewing, a highpoint for MJT trainees Eastport Ventures finalises its senior management team

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4 Bruce Boytim named new CEO of Quor Group Akobo Minerals reports nearly 3 kg of gold produced in October Signet and De Beers launch new diamond marketing campaign 5 Giyani’s demonstration plant commences commissioning Harmony awarded gold at Eco-Logic Awards Lotus completes drill programme at Letlhakane uranium project 6 NextSource Materials completes first shipments of graphite concentrate SRK celebrates 50-year legacy Omnia Holdings continues to enhance client value proposition 7 Africa is making slow progress towards energy security - PwC SUPPLY CHAIN NEWS 38 Astec’s ESD initiatives fight unemployment and skills deficit Metso LT300HP cone crusher clocks 30 000 hours and counting Multivariable modelling study wins Maptek Geology Challenge 2024 Babcock committed to safety, health, environmental and quality 39 Component sales are up at crane company Condra WearCheck team celebrates diagnostic milestone Pump donation revives Nama Khoi water infrastructure 40 Mark Bedford is MD of Develon South Africa Concor’s Kendal ADF Project wins Best Projects Awards Dynapac launches Rhino Soil Compactor range Spillage control equals cost control

ODERN M INING DECEMBER 2024 | Vol 20 No 12 For people who are serious about mining

ON THE COVER In 2024, the mining industry, which contributes 7.53% to GDP, saw the majority of its commodities, barring gold, under pressure.

COLUMN : ROSS HARVEY 36 Catching the US cold

 Value of gold demand rockets with price  Kal Tire’s solutions target safety and lower costs  Cora Gold takes assets up the value curve  SEW-EURODRIVE expands footprint with new repair centre  Antimony: With supply restricted by China, what options remain? IN THIS ISSUE

DECEMBER 2024 | www.modernminingmagazine.co.za  MODERN MINING  1