Weekly Mining News: 26-05-2024

1. Bicholim Sub-Registrar Suspended: Sonia Halarnkar was suspended for delaying the registration of a mining MoU. The Congress party criticizes the government, claiming it prioritizes mining over Goa’s interests.
2. Rajasthan Government Accelerates Mine Auctions: The state plans to hasten the auction process for both minor and major mine blocks to curb illegal mining by preparing and auctioning as many blocks as possible.
3. Surge in Electric Mining Vehicles Market: IDTechEx’s market research report forecasts significant growth in the electric mining vehicle market, driven by advancements in battery and charging technology, projecting a valuation of nearly $23 billion by 2044.
4. India’s Critical Mineral Acquisition in Africa: India is intensifying efforts to secure critical minerals in Africa, challenging China’s dominance. The country has MoUs with at least eight African nations for mining collaborations and resource access.
5. Sandvik’s Contract with Hindustan Zinc: Sandvik has secured a contract worth approximately SEK 345 million to supply underground mining equipment to Hindustan Zinc Limited. The deliveries are expected by the end of 2024.
6. Global Copper Demand Study: Researchers from the University of Michigan and Cornell University have found that six new large copper mines need to be operational annually by 2050 to meet global demand. The study, published by the International Energy Forum, analyzed 120 years of data from copper mining companies.
7. Gold Mine Pollution in South Africa: A study reveals that gold mine pollution in Johannesburg has been contaminating Soweto’s water and soil for 140 years, posing risks to local food gardens.
8. Fonon’s BTS Metal PBF Technology for Mining: Fonon targets mining industry with Bulk-To-Shape (BTS) metal PBF technology. It’s an  application-specific additive manufacturing/metal 3D printing technology for the mining industry. Mining equipment and structural elements must endure intense shock and vibration. Often situated in remote, less accessible locations where transporting spare parts is costly and time-consuming, mines employ equipment that is built to last – but some failures are bound to happen. Maintaining these machines can be a challenge. Fonon’s BTS additive manufacturing will provide mining professionals with a solution by delivering them a method to produce parts and tools locally.

9. Norway Sued Over Deep-Sea Mining Plans: Environmental activists are suing the Norwegian government over its seabed mineral exploration plans, arguing that the potential impacts have not been adequately assessed.
10. Hindalco Bids for Nickel-Cobalt Mines: Hindalco has submitted bids for two nickel-cobalt mines located in Maharashtra and Karnataka, according to the company’s managing director.

References: Business Standard, Mining Technology, Mining.com, Down to Earth, Voxel Matters, Chem Analyst, Travel and Tour World

Pic Ref: https://www.mining.com/

Read last week’s post- https://waartsy.com/weekly-mining-news-19-05-2024/