Modern Mining May 2025

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COVER 6 Ukwazi discusses fundability, bankability, and buildability for junior mining projects COMMODITIES OUTLOOK 8 Thermal Coal’s unseasonal price slide, explained GOLD 10 WGC drives industry wide responsible mining principles FINANCE 14 Nedbank flags key trends influencing mining over the next two years HEALTH & SAFETY 20 Murray & Roberts Cementation takes safety to new heights 23 Kangra puts the spotlight on TB awareness 24 Kal Tire: Protecting mining tyre technicians 26 De Beers strengthens occupational hygiene talent for a safer future 28 Driving behavioural change with level 9 PDS JUNIOR MINING 30 Orion Minerals outlines robust development pathway 33 Elevate provides demonstration plant construction update SUPPLY CHAIN MANAGEMENT 36 Unitrans leading innovation in logistics REGULARS MINING NEWS 4 Seriti celebrates official opening of Naudesbank Colliery The Minerals Council South Africa hosts Fall-of-Ground Day Ndalamo Resources acquires Wonderfontein Coal Mine 5 Aurum appoints Ivorian specialist for Boundiali environmental study Cora Gold fundraise

CONTENTS

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ODERN M INING MAY 2025 | Vol 21 No 5 For people who are serious about mining

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SUPPLY CHAIN NEWS 39 Epiroc Academic and Research Forum established GFRP Tech introduces sustainable products

40 DetNet upgrades blasting technology for DigiMine students Why Huawei is the right partner for C&I Solar PV+ESS in Africa

ON THE COVER Ukwazi shares insight into the critical triad of fundability, bankability, and buildability for junior mining projects. Pg 6.

IN THIS ISSUE

COLUMN : DR ROSS HARVEY 34 “Trade, not aid” may be a false dichotomy

 Thermal Coal’s unseasonal price slide, explained  WGC drives industry wide responsible mining principles  Murray & Roberts Cementation takes safety to new heights  Nedbank flags key trends influencing mining over the next two years  Ukwazi discusses fundability, bankability, and buildability for junior mining projects

MAY 2025 | www.modernminingmagazine.co.za  MODERN MINING  1