Wits Mining Institute lays out challenges in local mining industry, way forward

  • 📰 MiningWeeklyCA
  • ⏱ Reading Time:
  • 81 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Overcoming the numerous challenges faced by the South African mining industry and ensuring its long-term sustainability and growth will require turning research curiosity into improved performance, relationship building and enabling technology, Wits Mining Institute (WMI) director Professor Glen Nwaila has said.  Speaking at the annual WMI Seminar, in Johannesburg, on September 28, he noted that the challenges facing the industry encompassed a range of issues, each with its own unique complexities and potential solutions.

Articles can be saved for quick future reference. This is a subscriber benefit. If you are already a subscriber, please log in to save this article. If you are not a subscriber, click on the View Subscription Options button to subscribe.

One pressing issue is the proliferation of low-grade mines and the complex operating conditions they entail. High-grade ore deposits are dwindling, necessitating the extraction of lower-grade ores. These lower-grade ores are often more difficult and expensive to mine. To mitigate these risks, mining companies should allocate resources to research and develop advanced drilling and tunnelling technologies. Additionally, automation and stringent safety measures should be integrated into mining operations to safeguard the wellbeing of workers and enhance overall efficiency.

He also highlighted critical raw material mining, which he said presents unique operational difficulties owing to its smaller scale, high operational costs and limited technical and management skills. “We don't have all the CRMs in South Africa, meaning that the only way we can actually justify the transition in the country is to work with our fellow African countries. For this, we have a list of direct battery materials, and we also have a list of cross-cutting elements. This actually assists us to participate in terms of harnessing the knowledge and putting together a database that we call a catalogue that looks at CRMs,” Nwaila explained.

The identification of CRM substitutes would also play an important role in developing the policy framework for CRM security and the development of a CRM security strategy. Measures to reduce import dependency would also need to be assessed. Stockpiling and strategic reserve security would also require assessment, along with trade and export controls.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 48. in CA

Canada Canada Latest News, Canada Canada Headlines