Modern Mining September 2022

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CONTENTS

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ARTICLES COVER

8 UMS prepares for the shift in shaft sinking COMMODITIES OUTLOOK 12 Copper outlook: Price performance review COPPER 14 CCR’s Mbamba Kilenda targets copper production by 2025 GOLD 18 Predictive Discovery’s Bankan Gold in the starting block 20 Newcore’s Enchi project – a star in the making POTASH 22 Kore Potash advances the Kola project in RoC UNDERGROUND MINING 24 Crocodile River Mine is ready for a restart 28 MMP shines the spotlight on safety in underground mining

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GREEN MINING 32 Nedbank on aggressive renewable energy funding drive REGULARS MINING NEWS 4 Rainbow Rare Earths releases report on Phalaborwa flow sheet Barrick partners to launch 10X business accelerator programme 5 DRDGOLD beats guidance, pays 15th consecutive dividend ASPASA releases guidelines to combat dust 6 PNR completes purchase of Selkirk Mine in Botswana Giyani strengthens board and appoints strategic advisors 7 Sibanye-Stillwater and Heraeus to develop electrolyser catalysts Phase 1a Drilling Commences at Bengwenyama PGM Project EXPERT VIEW 36 Meeting mining’s challenges with video surveillance SUPPLY CHAIN NEWS 38 BBE completes refrigeration and air-cooling system for VUP FUCHS shows confidence in Africa with new office complex and warehouse 39 MTRA promotes virtual reality for engineering training 40 CDE celebrates 30 years in business Weba drives sustainable development

ON THE COVER With few new shaft projects in the country, UMS prepares for the shift in shaft sinking and looks to growing demand from the battery minerals sector. See story on page 8.

September 2022  MODERN MINING  1