May 17, 2020

[VIDEO] Anglo American Opens Training Center to Better Environment and Community

Anglo American
Mogalakwena Mine site
Frank Pieterse
envir
Admin
2 min
Anglo American
By definition, mining companies reap the mineral benefits that the earth has to offer – so its always great to see a mining company dedicated to g...

By definition, mining companies reap the mineral benefits that the earth has to offer – so it’s always great to see a mining company dedicated to giving some of that good will back. Take Anglo American, for example. The South Africa-based mining company is giving back to the community surrounding its Mogalakwena Mine site, with an environmental training center meant to help the community support itself.

“One of the challenges that we have on Mogalakwena Mine is that a lot of people surrounding the mine live in poverty – because of this poverty, there’s a lot of environmental degradation,” says Frank Pieterse, Team Leader at Mogalakwena Mine, in a video created by the mining company to highlight the endeavor. “We felt that we needed to do something in the communities to ensure that they also help to protect the environment. Hence, we started the Environmental Training Center.”

What started as a biodiversity offset area has, in the past few years, grown into a full facility with training programs for children and adults that teach sustainable farming and how to cultivate fresh produce to eat and sell.

“Frank initiated this training project at Mogalakwena with the sole intent to benefit the community – this is actually a project in the community for the community,” says Hermanus Prinsloo, Senior Environmental Manager at Mogalakwena Mine. “I really think this particular project, the training center project, is a project that starts showing results which is veryimportant.”

Check out the video to learn more about how the training center and how Anglo American is giving back.

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May 14, 2021

Copper production from top ten companies to increase by 3.8%

Copper
Codelco
First Quantum
Freeport-McMoRan
2 min
Following a marginal slump in copper production due to COVID-19, output from top ten companies set to rise up to 3.8% in 2021 reveals GlobalData analysis

Copper production from the world’s top companies is set to increase by up to 3.8% this year, following a fall of 0.2% in 2020, GlobalData analysis reveals. Last year’s marginal slump saw production drop to 11.76 million tonnes (Mt).

Copper

The initial impact of the COVID-19 pandemic on mining operations was immense, however, six of the ten largest copper producers succeeded in increasing output last year. In 2021, copper production from the top ten copper companies is expected to bounce back, rising by up to 3.8%, to reach 12.2Mt, according to GlobalData, a leading data and analytics company. 

First Quantum

The highest increase in copper production was by Canada’s First Quantum, which, despite all the challenges, reported 10.4% growth in 2020. The company’s Sentinel mine in Zambia and Cobre Panama were key contributors to this growth. While the latter remained under care and maintenance between April and August 2020, it delivered record production levels during the subsequent months.

Copper

Codelco

Codelco, the world’s largest producer of the red metal used in electric vehicles, also bucked the trend.

Vinneth Bajaj, Associate Project Manager at GlobalData, commented: “Despite Codelco reporting over 3,400 active cases during July 2020, the company achieved 1.2% growth in its production in 2020. The company implemented a four-phase plan, as part of the COVID-19 measures, to ensure the health and safety of its employees, while also avoiding any significant impact to its copper output.” 

Freeport McMoRan

Although the overall impact was minimal, declines in production were observed from Glencore (8.2%), Antofagasta (4.7%), BHP (3.9%) and Freeport McMoRan (1.3%). Reduced operational workforces due to COVID-19 measures, lower ore grades and production halts due to maintenance were the key disruptors to output during 2020.

Electric Vehicles

The move towards electric vehicles and clean energy from renewables sources such as solar panels and wind turbines has driven the copper price to all-time highs. Copper has been among the best performers over the last month where metals ranging from aluminum to iron ore have surged to their highest prices in years. The rally is being fueled by stimulus measures, near-zero interest rates and signs that economies are recovering from the global pandemic. 

 

 

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