Mashatile calls for more to be done to transform mining industry
Deputy President Paul Mashatile believes that although the Mining Charter has
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Deputy President Paul Mashatile believes that although the Mining Charter has
Over 50 fatalities were reported in 2023, up from 45 in 2022, sparking renewed concerns about the safety standards of the country’s mines.
Two firms, Singapore-based Trafigura and Canada's Ivanhoe Mines, signed a major deal on Wednesday to export copper along a US-backed rail route from the Democratic Republic of Congo.Ivanhoe Mines' founder and co-chair Robert Friedland thanked the Trafigura-led Lobito Corridor consortium and the governments of Angola and the DRC. Lobito, he said, is "fast becoming one of the most important trade routes for vital copper metal in the world" and would unlock access to minerals in other parts of cent
Thousands of delegates are attending the four-day gathering which is expected to chart a road map for the mining industry for the year ahead.
The mining industry has 441MW of operational renewable energy plants, representing about 4% of industry electricity consumption. Three more projects totalling 370MW will be commissioned before mid-2024, representing another 3% of energy consumption.