Thursday 23 May 2024

First Mining Drc-Zambia's biggest news from the week

 
 
 

Transforming the Mining Industry and Energy Sectors with Artificial Intelligence of Things Innovation (AIoT = AI + IoT)
 
 

A 'new-age' digital transformation brought about by the convergence of Artificial Intelligence (AI) and the Industrial Internet of Things (IIoT) is driving a significant shift across industrial sectors, especially in mining and energy. This integration, referred to as AIoT, is not just an incremental improvement but a transformative strategy that enhances automation, sustainability and safety, pivotal in transforming the mining and energy industries. This thought piece provides an outline into the applications and benefits of AIoT, illustrating how this technological approach is positively evolving these critical sectors.

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Rio Tinto, Manara Minerals bid for stakes in First Quantum Minerals' Zambian copper mines

Rio Tinto, one of the world's largest metals and mining corporation and Saudi Arabia-backed Manara Minerals Investment are reportedly bidding for stakes in First Quantum Minerals' Zambian copper mines.

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Zambia's copper mining projected to hit 1 million tonnes by 2026 amidst mines expansions
 

The copper mining in Zambia has been projected to grow to about 1 million tonnes by 2026 owing to the mines expansions being witnessed in the country. According to Zambia's Finance Minister Situmbeko Musokotwane, the growth is triggered by investment in expanding production at mines including those owned by First Quantum Minerals.
 

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Advancing The Mining Technology Frontier: Micromine's Half-Year Release Covers All Bases

Micromine, next-generation technology for mining, has announced the 2024 Half-Year Release, reinforcing its commitment to innovation and industry leadership. This latest update introduces new features and enhancements across all Micromine products, equipping users with the most advanced tools that are set to significantly boost productivity and efficiency.

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Is zero routine flared gas by 2030 a possibility?

140 billion cubic metres – that's how much natural gas is flared annually, impacting human health, accelerating climate change, and releasing carbon dioxide, methane and black soot. The practice of flaring is a significant economic and environmental problem that the Net Zero Emissions by 2050 (NZE) aims to eradicate by 2030 by removing non-emergency flaring. It is an ambitious goal, but one that's sorely needed as it can potentially prevent the release of around 365 million metric tons of C02 into the atmosphere.

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Achieving mining resilience with long-term energy solutions

According to the Boston Consulting Group, mining organisations planning for uncertainty and complexity are those that tend to find profit within them. The research firm underscored the importance of investing in the right energy and infrastructure solutions to ensure growth is both profitable and sustainable, allowing for mines to reimagine their approaches and pivot at speed.

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First Mining DRC-Zambia is a journal that focuses on creating a networking forum for the decision makers in businesses and Governments across Africa's Copper belt region, who are either directly or indirectly involved in mining Developments. We inform ,educate and create business and networking opportunities for all Companies that are interested in expanding their business across DRC, Zambia and beyond. FMDZ is a bi-monthly magazine for the mining industry.

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