Category Archives: GIBS Knowledge and Information Services

All things relating to the workings and service offerings of the Information Centre

Sandvik unveils automation platform for large-scale mining operations (MT)

The AutoMine Core platform provides access to technologies for underground connectivity, data aggregation and analysis, among others. Sandvik Mining and Rock Solutions has unveiled a comprehensive automation platform, AutoMine Core, for large-scale mining operations. The new system is designed to help customers transition from manual mining techniques to fully automated production processes. It offers users a […]
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Climate change (WHO)

Overview Climate change presents a fundamental threat to human health. It affects the physical environment as well as all aspects of both natural and human systems – including social and economic conditions and the functioning of health systems. It is therefore a threat multiplier, undermining and potentially reversing decades of health progress. As climatic conditions […]
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SA and Egypt leave the rest of Africa in the dust with their wind power pipeline and potential(DM)

South Africa and Egypt are leading Africa with their installed capacity for clean wind energy, followed closely by Morocco. However, a significant number of potential wind energy projects across Africa are at risk because of a lack of finance, unstable policy regimes and grid constraints. This is according to the first Status of Wind in Africa […]
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NEW GIBS Case study: Evolving shared value, sustainability, and the leadership challenge: Grootbos Private Nature Reserve By Lyal White, Pamela Fuhrmann, and Ruth Crichton 

Abstract Learning outcomes The learning outcomes of this study are to assess the shared value model and elaborate on new multi-stakeholder approaches to business, where the stakeholders include the founders, investors, partners, employees, clients and the surrounding community; to consider the synergies between community development, environmental stewardship, sustainable business practices and the long-term health of […]
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Bank of Japan buys $12.7bn of bonds as yields hit highest in a decade (FT)

Japan’s central bank made unscheduled purchases of government debt on Wednesday as yields on benchmark bonds hit their highest mark in a decade, while a global market sell-off also continued to drive US Treasury yields to 16-year highs. The Bank of Japan offered to buy ¥675bn worth of Japanese government bonds at maturities between five […]
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Gold Fields enters into sustainability-linked facility for up to A$500m (WeeklyMining)

Among Gold Fields’ investments in renewable energy projects is a solar and microgrid facility at the Agnew mine, in Australia. Gold miner Gold Fields has, along with certain of its subsidiaries, entered into a five-year sustainability-linked revolving credit facility (RCF) agreement for up to A$500-million with a syndicate of ten banks. The funding will be used for general […]
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Facing increasing pressure from customers, some miners are switching to renewable energy (TDN)

Mining operations account for some 4%-7% of global greenhouse gas emissions, according to global consulting firm McKinsey & Company. But some miners are moving to reduce use of fossil fuels in extracting and refining, partly due to pressure from downstream customers that want more sustainable supply chains. Click here to read the full article

Spar surges 11% on plan to offload struggling Polish business (Moneyweb)

The proposed sale comes as ‘no surprise’ for Sasfin’s Alec Abraham, who says the badly timed acquisition (pre-Covid) has cost the retailer dearly. JSE-listed Spar Group has announced that it will be exiting the Polish market with the disposal of its struggling Spar Poland business. The group confirmed its decision to go this route to investors on […]
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ECB ‘infinity team’ launches AI experiment to speed up basic tasks (FT)

Central bank explores use of tools similar to ChatGPT to help draft briefings and write newsletters. The European Central Bank is experimenting with generative artificial intelligence across its operations to speed up basic activities, from drafting briefings and summarising banking data to writing software code and translating documents. The move comes as central banks cautiously […]
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Minerals Council launches Women in Mining website (MiningWeekly)

Industry body the Minerals Council South Africa has launched a dedicated website for women in mining, as part of efforts to ensure the local mining industry transforms to become a place where women lead and thrive. The council has ramped up its efforts to assist women in the industry, including those in communities, through vital aftercare services to survivors of gender-based violence. […]
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