Business

Madison Metals Inc. has provided an update on its corporate activities, which continue to be influenced by favourable uranium market conditions. With initial funds now being realised from the company’s forward sales agreement, Madison has the additional capital to further its main objective of advancing its flagship uranium assets in …

The Mining Innovation and Research Battlefield is now open for applicants to submit research proposals for this year’s competition. Investing in African Mining Indaba and the Development Partner Institute have launched the 2024 Mining Innovation & Research Battlefield. The Battlefield is a high-profile platform for innovators and researchers to share …

Day 1 of the Green Energy Africa Summit at CTICC2, Cape Town, saw a range of high-powered speakers and delegates from across the energy sector sharing insights and ideas around how to help pave the way for a just energy transition in Africa. Several Speakers advocated for policy reforms to …

Condition monitoring specialist company, WearCheck, recently opened the doors to its second laboratory in India – this one in Durgapur – after the success of its Chennai-based laboratory, which has operated successfully since 2010. The South Africa-based company, recognised as a leader in the preventive maintenance sector across the African …

South African Deputy President, Mr Paul Mashatile, is scheduled to speak at Africa Oil Week (AOW) on Tuesday 10 October, in Cape Town. The gathering is the continent’s leading event in the upstream oil-and-gas energy space, and it sees representatives of more than 25 African governments coming together with energy …

Due to the large size and weight, this 9.5MW 11KV WEG electric motor has to be disassembled for shipment and reassembled on the offshore FPSO off the coast of Ghana. Africa is “hungry for electricity”, and electrical specialist Zest WEG is seeing growing demand from the oil and gas sector, …

TSX-V-listed Deep-South Resources has closed the first tranche, for an amount of $265 447, of a recently announced nonbrokered private placement. The private placement is nearly fully subscribed, and the second tranche will close on or about September 20. The proceeds of the private placement will be used for further …

Vedanta Resources is considering appointing former Gold Fields boss and Anglo American executive Chris Griffith as head of its African base metals business, according to people familiar with the matter. Indian billionaire Anil Agarwal’s Vedanta owns zinc mines in South Africa and neighboring Namibia, which will form the base-metals portfolio …

Uranium exploration and development company Madison Minerals CEO Duane Parnham believes the Namibian Ministry of Mines and Energy’s (MME’s) recent approval for the transfer of two exclusive prospecting licences (EPLs) proves that fears surrounding the nationalisation of the country’s mining and exploration assets are unfounded. On June 6, the Namibian …

Innovative manufacturer of motion plastics, igus, has emerged as a trailblazer in the world of drive applications with the introduction of a full range of ready-to-use cabling solutions to fit all commonly used drive systems. igus sales executive, Edwin van Niekerk, says igus wants to minimise mistakes and speed-up cable …