Mining and Exploration

Australian engineering group, Monadelphous, secures key contracts worth A$160 million in Western Australia.

Lycopodium Limited stands as a beacon of engineering and project management excellence within the global mining sector. Renowned for their innovative solutions and meticulous project execution, Lycopodium has successfully positioned itself as a go-to partner for some of the most ambitious mining projects worldwide. This feature delves into their latest projects, unique operational methodologies, and future strategic plans, underscoring their unparalleled commitment to excellence.

Latest Projects

As copper increasingly becomes a much-wanted resource across global industry, exciting times are emerging from the Kalahari Copper Belt in Botswana where Australian company, Sandfire, has officially opened the Motheo Copper Mine.
 
Over its initial ten-year life, Motheo is expected to deliver significant value to the people of Botswana through taxes and royalties, and long-term employment, training and development opportunities.
 

In 2020, the Tanzanian Government and Barrick Gold Corporation launched a joint venture – Twiga Minerals Corporation – intending to revitalize two gold mines at North Mara and Bulyanhulu and make the 50:50 enterprise a model for similar operations in other regions.

Through several years of political unrest, gold mining has proven to be an area that the West African country Burkina Faso can depend on. From less than 10 billion West African CFA Francs at the beginning of this century, revenues from oil and mineral extraction have grown to over 300 billion in the past two years. And among the country’s growing portfolio of world-class mines, the Essakane Gold Mine, Burkina Faso’s largest, stands alone.

In its five-year outlook for Cote d’Ivoire, the International Monetary Fund projects growth of over six percent in each of the years to the end of 2028. If this growth comes to pass - and there is no guarantee that it will - Cote d’Ivoire’s economy will have grown by over a third in a short period of time. One of the drivers for this growth is a government refocuses on the country’s extensive mines, the latest of which to come into operation is the Séguéla gold project.