Modern Mining March 2024

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CONTENTS

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ARTICLES COMMODITIES OUTLOOK

8 Nickel – ‘green’ risk of Indonesia 10 Copper and cobalt markets in 2024 12 Geopolitical and economic uncertainty bolster gold demand and prices in 2023 MINING IN NAMIBIA

14 Riding the green wave: the future of mining in Namibia OPENCAST MINING & EQUIPMENT 18 Uranium rebound – Neo Energy advances Henkries project 22 Lumwana Super Pit project on track for first production in 2028 24 TAKRAF Group secures major project award for iron ore project 25 SANY showcases mining solutions at Mining Indaba 26 Solving the three biggest coal screening challenges DIGITAL MINE 30 Simutron offers affordable software solutions 32 Pushing boundaries in drill, load, haul automation 34 New technology requires continuous risk management

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REGULARS MINING NEWS 4 Orion acquires key surface rights

Giyani secures remaining $10m in funding package 5 Anglo American to partner on EV battery technologies 6 Africa’s largest gold mine now also one of its greenest AECI celebrates centenary and maps out fresh strategy 7 Mantengu shareholders pave the way for access to R500m funding DMRE announces service provider for new cadastral system Resolute announces maiden mineral resource at Tomboronkoto COLUMN : ROSS HARVEY 36 Solve Dutch Disease by investing in democratic strengthening SUPPLY CHAIN NEWS 38 Powerbit Rocktools: Your trusted partner in drilling excellence 39 Trollope Mining Services expands fleet with Metso machines from Pilot Crushtec Pioneering vent shaft at Palabora holes out safety at 1 200 metres 40 Multotec scoops SACEEC Exporter of the Year Award Bosch Rexroth Africa strengthens offering Expect more at every stage of tyre life

ON THE COVER The prices for many key commodities remain mixed, with some showing a clear negative trend while others, like gold, bucked the trend.

March 2024  MODERN MINING  1