Modern Mining December 2024

MINING NEWS

Bruce Boytim named new CEO of Quor Group Quor Group, a global provider of commodity trade risk management (CTRM) software, has appointed Bruce Boytim as its new Chief Executive Officer. Boytim will lead the company in its mission to deliver cutting-edge, customer-centric CTRM and supply chain solutions to its clients worldwide. With a robust background in the financial services and technology sectors, Boytim brings over 20 years of experience in growing technology companies and delivering for their customers. His expertise spans SaaS, enterprise software, data solutions, and brokerage services, making him uniquely qualified to drive Quor’s strategic vision while placing its customers at the forefront of the company’s initiatives. n

Akobo Minerals reports nearly 3 kg of gold produced in October

Bruce Boytim is the new CEO of Quor Group

Signet and De Beers launch new natural diamond marketing campaign Diamond miner, De Beers Group and Signet Jewelers, the world’s largest retailer of diamond jewellery, whose iconic retail brands include Kay Jewelers, Zales and Jared, recently launched ‘Worth the Wait’, a new natural diamond campaign focused on the themes of modern love and evolving relationship dynamics, targeted at soon-to-be engaged Zillennials. Worth the Wait is the first major activation of the recent collaboration between Signet and De Beers to re-introduce the unique attributes of natural diamonds to a new generation of US couples. It comes after months of intensive training for Signet’s 20 000 sales associates to equip them with the deep knowledge to communicate the unique features of natural diamonds to their customers. With Signet’s proprietary data showing an expected uptick in engagements over the coming years following a post pandemic lull, the insights that informed the campaign also reflect the key milestones that Signet tracks as a couple progresses along relationship milestones, such as moving in together, merging finances or even breaking up and then getting back together. Sandrine Conseiller, CEO of De Beers Brands, said: “…The premise of the campaign is to celebrate the individual, challenging and rewarding journeys that couples go on before making the momentous decision to get engaged, which is perfectly mirrored by the journey of a natural diamond formed deep within the Earth’s surface. True love, like a true diamond, is forged by fire. Just like each couple’s unique journey to find ‘the one’, a natural diamond is worth the wait.” n

Akobo Minerals produces close to 3 kg of gold in October.

Akobo Minerals, a gold exploration and mining company, announced a total production of 2 833 grams of gold in October. This achievement marks a significant milestone in ramp-up and commissioning activities, underscoring its operational capabilities. In October, production included its second gold bar, weighing around 1.5 kg with an estimated grade of 15 g/t, highlighting the potential of the Segele operations as it transitions to regular production. “As we move into November, we anticipate increased throughput, drawing us closer to covering operational costs. Our Head of Mining Operations, Helge Rushfeldt, has been on-site to guide efforts, reporting a highly focused and efficient team. With a robust optimisation strategy in place, our team is committed to maximising both tonnage and production. Additionally, we have significantly strengthened our team by bringing specialists in mining operations and supply chain and support services on board. We believe that this will translate into higher efficiencies supporting our production goals. In this matter we are supported by Sutton Global, an internationally recognised mining and processing services provider,” the company said. n

Signet and De Beers launch new marketing campaign: ‘Worth the Wait’.

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