Diamond mining giant De Beers has announced a reduction in its production forecast for the year, citing persistent weakness in global diamond demand, particularly in China. In its latest operational update, the company revealed that it would be adjusting its production plans to align with the subdued market conditions. While …
Read More »Adamastor Arrives: New Era Dawns for Namibian Diamond Mining
Lüderitz, Namibia – A new chapter in Namibia’s diamond mining history unfolded today as the Adamastor, a state-of-the-art offshore diamond mining vessel, arrived at Lüderitz harbour. Owned by a consortium led by Paragon Investment Holdings through its subsidiary, Edgehill Resources, alongside Epia Investments and Lazare Kaplan International Inc, the vessel …
Read More »Omnia Strengthens Mining Segment Value Proposition
In a recent announcement, the rebranding of Omnia Holdings’ Protea Mining Chemicals (PMC) under the Mining segment, BME, was shared. This strategic move consolidates the global mining offering under a unified brand, providing a comprehensive range of solutions that span from mining to metal processing. The rebrand aims to more …
Read More »Future-Proofing African Mining: Leadership and Innovation Set to Take Centre Stage at Mining Indaba 2025
Once more, the Mining Indaba comes in anticipation of contributing to the industry’s betterment, as is the case for every edition. Since the 2025 edition promises to be more interesting, it focuses on convening key stakeholders across the mining value chain from decision to investment, communities to professionals. The African …
Read More »Namibia Energy Corporation Joins African Energy Week as Silver Sponsor
Namibia Energy Corporation (NEC) has strengthened its presence in Africa’s energy sector by joining African Energy Week (AEW) 2024 as a silver sponsor. This move highlights NEC’s commitment to driving growth in Namibia’s oil, gas, and renewable energy industries. The event, held in Cape Town, offers NEC an opportunity to …
Read More »Global copper smelting activity increases for fourth consecutive month
For the fourth consecutive month global smelting activity increased in September according to Earth-i’s SAVANT Global Copper Monitoring Index, with average smelter inactivity falling by a full percentage point m/m to 14.2%. This monthly decline contributed to smelters being 1.6% more active on average in Q3 2024 than the same …
Read More »New gas projects booming in Africa, but can the continent secure its future in a changing energy landscape?
The pipeline of gas projects being developed in Africa has never been stronger. However, if the continent is to be competitive in an extremely dynamic international gas market, it must ensure that it offers value. This means shaping an offer that meets the financial and environmental sustainability needs of stakeholders. …
Read More »Africa Oil Week Heads to Ghana, Signaling New Era for African Energy
Investing in African Energy, the continent’s premier energy event, is charting a new course, announcing its move to Accra, Ghana, for its 2025 edition. This strategic shift, revealed during the opening session of the 2024 even, reflects a commitment to amplifying AOW’s impact across the African energy landscape. Ghana’s Minister …
Read More »African ministers chart continent’s energy future at closed-door sessions
Ministers and senior energy officials from more than 20 African countries convened today for a closed-door session to address the continent’s pressing energy needs and shape a collective vision for a sustainable energy future. The high-level meeting, held as part of the AOW: Investing in African Energy event, provided a …
Read More »Africa Emerges as a Key Player in Global Energy Security
With recent geopolitical events highlighting the vulnerabilities of global energy supply chains, Africa is attracting increasing attention as a reliable and promising source of oil and gas. As the world seeks to diversify its energy portfolios and ensure security of supply, investors are recognising the immense potential of Africa’s underexplored …
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