SIBANYE-Stillwater aimed to conclude a portion of an estimated $500m to $1bn in potential streaming or metals prepayment deals before it announced its half year results in August, said the group’s CEO Neal Froneman. “We don’t get any credit for our gold by-product from platinum group metals (PGMs) and it’s […]
Canadian miner First Quantum Minerals said on Tuesday that it has cut its debt by $1.14 billion in the first quarter. The company in February had announced a series of capital restructuring measures that would strengthen its balance sheet and cut debt, a move that will help the Canadian miner […]
A recent report by European consultancy DNV has projected that China’s coal consumption will decrease by approximately one-third by 2040, posing a challenge to global climate targets aiming to phase out coal use by the same year. While the International Energy Agency emphasizes the necessity of eliminating global coal power […]
Regardless of where an air pressurised system is being used, be it in commercial vehicle air brake systems, passenger vehicle suspension systems, workshop or production line pneumatic tools, pneumatic lifts or even dentists’ drill, an air leak negatively affects the performance of the pneumatic system with a host of costly […]
Canadian miner Madison Metals has sent a jolt of excitement through the resource sector, outlining priority drill targets at its Khan Project in Namibia. This news comes as a welcome development for investors eager to capitalize on the growing global demand for uranium, a critical fuel for clean nuclear energy. […]
igus increases the number of active customers in 2023 with a slight decline in sales of 1.65 per cent and is cautiously optimistic about 2024 with a record number of innovations. After two years of rapid growth totalling 57 per cent, igus was able to maintain its billion-euro turnover in […]
The food and mobility issues confronting the region demand innovative solutions, technologies, process solutions, and business models Johannesburg (South Africa), 10 April 2024 – Bühler Southern Africa is deeply committed to addressing food security, both a regional and continent-wide concern. “We are actively participating in various discussions, highlighting the importance […]
Astec Industries has solidified its commitment to customer service by teaming up with Elite Crushers & Hydraulics in Botswana. This strategic partnership aims to provide prompt technical support and readily available spare parts for Astec’s premium range of Materials Solutions equipment, catering to Botswana’s mining and quarrying industries. Elite Crushers […]
Sub-Saharan Africa is poised to play a significant role in the global energy transition, with the potential to generate nearly $2 trillion from the production of essential metals by 2050, according to the International Monetary Fund (IMF). In a paper released on Friday, the IMF outlined that global revenue from […]
Government officials, business leaders, international partners, and experts will convene for a workshop on Thursday to lay the groundwork for the Master Plan of the Lobito Corridor, also known as the Benguela Railway. The meeting, as reported by JA Online, will focus on mapping infrastructure gaps, discussing the design and […]