Business

Namibia Critical Metals Inc. (NCMI) recently closed a non-brokered private placement to fund marketing and general corporate purposes. Under the placement a total of 8,333,333 units were issued at a price of $0.06 per unit, with each unit consisting of one common share and one warrant. Each whole warrant is …

Caterpillar Inc. has successfully demonstrated its first battery electric prototype for an underground mining truck. According to the company, the development is added to the company’s growing portfolio of battery electric and semi-autonomous technology for underground mining applications. The demonstration for Newmont and other industry leaders, at the company’s proving …

The African Development Bank has reiterated that the introduction of a carbon border tax by the European Union (EU) could push Africa back into exporting raw commodities and undermine its industrialisation gains. The European Union recently launched the initial phase of a Europe-wide carbon tax on imported goods as part of …

STEINERT has developed a unique sensor combination concept called “multi-sensor sorting” or STEINERT KSS. The STEINERT KSS sorting system applies this concept, combining the x-ray transmission sensor with three other additional sensor options (Induction, 3D laser, and Colour). Ferbasa operates one of the largest chromite mines in Brazil and is …

The Africa Energy Indaba, a leading platform for energy professionals and stakeholders across the continent, is excited to announce the launch of the Solar & Wind Indaba. According to the organisers, the event aims to accelerate the adoption of renewable energy solutions, particularly solar and wind, to address the growing …

The two leading OEM companies join forces to develop an integrated service portfolio for ABB mine hoists, According to the two companies, the partnership is an important step in ABB’s ambition to expand the service portfolio and maximize customer value Geographic reach will focus on the mine hoist end user markets …

Orica and Caterpillar Inc. are teaming up to improve real-time data exchange and integrate workflows across the mining value chain. The collaboration is aimed at providing customers with intelligence to improve decision-making and optimise operations and the mining industry has started to unlock the potential of combining data, sensors, and …

Atlas Copco Group launched a new identity, including a new Group logo, a new visual identity, and a new tagline: Technology that transforms the future. The current blue and white Atlas Copco brand and logo will continue to be used on products and services, in the same way as other …

Fusion energy specialist, ENG8, has demonstrated an electrical energy output five times greater than the energy used in this ground-breaking, independent validation at Culham Innovation Centre in Oxfordshire, one of the top five leading fusion centres in the world, and home to the UK’s Atomic Energy Authority. During each of …

Namibia started building Africa’s first decarbonised iron factory on Monday, which will be powered entirely by green hydrogen, according to the country’s investment promotion authority. Steel production is one of the most polluting businesses on the planet, and the industry is working to transition away from coal-fired factories and toward …