May 17, 2020

International Women in Mining launches new photo competition

Dale Benton
2 min
Women in Mining
Mining is the game. Celebrating womens contribution to the mining industry through a diverse lens is the aim. The International Women in Mining has unve...

Mining is the game. Celebrating women’s contribution to the mining industry through a diverse lens is the aim. The International Women in Mining has unveiled its latest photo competition “Impact and Influence” builds on this year’s International Women’s Day theme, Be Bold for Change.

The mining industry is male dominated with only 5-10 percent of the mining workforce made up of women and 7% of directorships held by women according to a 2014 study by Global Mining Standards and Guidelines group. Raising the visibility of women challenges gender stereotypes and attracts more women to the industry.

IWiM’s mission is to implement projects that drive the development and participation of women in mining. IWiM is a network of people passionate about bettering standards for women in mining with 9000 plus members.

The project IWiMSpeakUp aims to increase the number of women presenting at mining conferences, and the Women on Boards initiative targets increasing the number of women serving on boards.

Founder and Director of IWiM Barbara Dischinger said: “We are very excited to launch a new photo competition to showcase the amazing variety of roles in which women are employed in the industry and to reflect the growing number of female employees. The competition is a tremendous opportunity to raise visibility around the lack of visual role models and will hopefully help to inspire young women to enter the sector.”

For the competition, IWiM welcomes a broad range of submissions from across the mining value chain: submissions that send a powerful message on women’s role in mining from industries, governments, NGOs, and academia are encouraged.

Sponsorship from De Beers Group has funded competition prizes, which includes a Nikon D5600 DSLR Camera Kit, travel vouchers and plenty more.

Photos will be judged by a distinguished panel of judges including Bruce Cleaver, CEO of De Veers Group, Dr Sharman Stone, Ambassador for Women and Girls, Australia and Tom Butler, International Council of Mining and Metals (ICMM)

 Entries close on 16 April and will be judged by a distinguished panel including Bruce Cleaver, CEO, De Beers Group; Dr Sharman Stone, Ambassador for Women and Girls, Australia; and Tom Butler, CEO, International Council on Mining and Metals (ICMM).

IWiM hopes to use the winning entries in a travelling exhibition and celebrate women for their significant footprint in the mining sector.

Submit entries at http://www.internationalwim.net/submit-entry/

#ImpactandInfluence

The March 2017 issue of Mining Global is now live!

Follow @MiningGlobal

Get in touch with our editor Dale Benton at [email protected]

Share article

Apr 22, 2021

Lynas revenue jumps 21% as rare earth prices jump

Lynas
RareEarth
WindTurbines
electricvehicles
2 min
Lynas Rare Earths sees revenue boost as selling prices for the key metals hit record highs amid strong demand for neodymium and praseodymium (NdPr)

Australian miner Lynas Rare Earths posted a 20.6% rise in revenue in the March quarter as selling prices for the key metals it mines hit record highs amid strong demand, particularly for neodymium and praseodymium (NdPr).

NdPr

NdPr is used in magnets for electric vehicles and windfarms, in consumer goods like smartphones, and in military equipment such as jet engines and missile guidance systems.

The company said it plans to maintain production at 75% however, as it seeks to continue to meet covid-19 safety protocols and grapples with shipping difficulties. Shares in Lynas fell 6.1% after the results.

“They have faced a few logistics issues, and it would be good to know when they are going to start lifting their utilisation rates a bit,” said portfolio manager Andy Forster of Argo Investments in Sydney.

“Pricing has been pretty strong although it may have peeled back a bit recently. I still think the medium, long-term outlook is pretty good for their suite of products.”

Lynas post ed revenue of A$110mn ($85.37mn) for the three months to the end of March, up from A$91.2mn a year earlier as prices soared.

Rare Earths

It said its full product range garnered average selling prices of A$35.5/kg during the March quarter, up from $23.7 in the first half of the financial year. “While the persistence of the covid crisis, especially in Europe, calls for careful forecasts for our business ahead, we see the rare earth market recovering very quickly,” said Lynas, the world’s largest rare earths producer outside China.

Freight demand has spiked during the pandemic, while the blockage of the Suez Canal in March delayed a shipment to April.

Lynas’ output of 4,463 tonnes of rare earth oxide (REO) during the quarter was marginally lower than 4,465 tonnes from a year earlier.

Share article