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 […]
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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 […]
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 […]
Copper prices are approaching the $10,000 per ton mark following a strong April rally driven by expectations of a rebounding global economy and increased demand for industrial materials. In recent weeks, metals have experienced broad gains, with copper reaching a two-year high at the start of the week. Improvements in […]
Any operation involved in food manufacturing and processing has to adhere to extremely strict regulations and for good reason. Companies in the food service business are compelled to sustain best food safety practices as any form of contaminant entering the process poses potential harm to consumer health. Fundamentals of food […]
With Africa holding 30 percent of the world’s mineral reserves, the industry is poised for further investment as operations scale across the continent, notably in Southern and central Africa. Bata Industrials South Africa, a South African-based safety shoe manufacturer, believes in the need to begin with the basics of a […]
Atlas Copco built the first piston air compressors in 1904 and 25 years ago, the organisation was first to introduce the revolutionary Variable Speed Drive (VSD) compressor technology. Staying true to this pioneering spirit and forward-thinking philosophy, Atlas Copco now unveils the first battery-operated portable screw compressor that incorporates VSD […]