Business

In a share placement to finance work on its Tumas project, in Namibia, and to advance targeted merger and acquisition opportunities, uranium explorer Deep Yellow will raise A$40.8 million. The company notified shareholders that it had obtained firm commitments from retail, advanced and skilled investors to subscribe to more than …

The manufacturer of heavy duty mining equipment GHH has launched a remarkable LHD. It comes with the biggest bucket and the best power rating, for highest operating slope angles, in the seven tonnes payload class. All that combined in a super low emission, super compact package. The GHH team are …

Tata International Africa has become the first company in Africa to introduce a best-in-class standard warranty of five years on its entire Medium, Heavy and Extra Heavy Commercial Vehicle range. This first-of-its-kind Pan African five-year warranty applies to the full range of Tata Trucks and Buses as well as Daewoo …

The World Bank (WB) estimates, for instance, that production of minerals like graphite, lithium and cobalt could grow by 500 percent in the next three decades to meet demand for clean energy technologies. This comes on the backdrop that mining remains a vital part of a low-carbon future, a fact …

International Independent Power Producer (IPP) – O&L Nexentury has appointed Chris Forlee, General Manager and Head of Business Development to spearhead renewable energy development in the Southern Africa bloc. According to the company, Forlee will be responsible for leading and arranging new renewable energy business development in South Africa, Namibia …

Caterpillar customers will now enjoy the latest simulator-based equipment training solutions courtesy of a new deal with ThoroughTec Simulation. The development comes after a global cooperation agreement to help improve safety, boost productivity, increase machine availability and create more sustainable mining operations. Under the agreement, Caterpillar Mining will recommend ThoroughTec …

Oslo-listed seismic company SeaBird Exploration is set to expand into seabed mining on the Norwegian continental shelf. The company aims to spin off and separately list its marine minerals business, Green Minerals, during the first quarter of 2021. “Strategically and operationally it makes sense to develop the marine minerals business …

Advanced field services, transformer chemistry testing, reliability solutions – these are some of the extra services offered by condition monitoring specialists, WearCheck, in addition to traditional used oil analysis following recent expansion. The company’s advanced field services (AFS) division incorporates specialist monitoring techniques such as rope testing, technical compliance and …

The latest official trade statistics show that Namibia has increased its income from non-ferrous metal exports by 25.5 per cent to Belgium, China and Germany in the last quarter. According to the Namibian Statistics Agency (NSA), the Southern African Customs Union (SACU) was the largest import source for Namibia, accounting …

Condition monitoring technology is advancing so fast that ongoing training for staff working in the machinery maintenance arena is essential in order to stay abreast of current trends. So says WearCheck’s technical manager, Steven Lumley, who plays an instrumental role in developing the company’s training schedule as well as ensuring …