Wednesday , May 20 2026

International

Caterpillar opens global innovation challenge

As advanced technologies continue to transform how work gets done, Caterpillar Inc. is reinforcing its commitment to the workforce behind that transformation. The company is opening registration for the Building the Future Workforce Challenge, a global innovation competition first discussed on stage at CES® 2026 by Caterpillar Chairman and Chief …

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New Leadership at Sandvik: Patrick Murphy Appointed President of Mining

The Sandvik Group has announced a significant transition within its executive leadership, appointing Patrick Murphy as the new President of the Mining business area and a member of the Group Executive Management. Set to take effect on 1 July 2026, Murphy succeeds Mats Eriksson, who is stepping down as part …

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Chinese based UMOE to deliver first cylinders for global hydrogen projects

UMOE Advanced Composites (UAC), a global supplier of large Type IV glass fibre pressure gas storage and transportation modules, has reached a key operational milestone with the first composite cylinders rolling off the production line at its new manufacturing facility in Jiaxing, marking the start of industrial production at the …

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Silver linings: Mining opportunities for Africa in an unstable world

In the face of tariffs, immigration curbs, reduced development funding and growing nationalism, conventional wisdom suggests Africa faces strong geopolitical headwinds. However, the apparent disorder may have a significant upside for the continent. This emerged from a passionate debate on the main stage on Day 2 of Investing in African …

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EGR, a new Abu Dhabi–headquartered natural-resource platform

EGR will integrate upstream asset acquisition, midstream logistics solutions, and commodity commercialization under a unified governance framework designed to meet the expectations of multinational investors Emerald Resources, the energy, mining, and commodities subsidiary of Emerald Group and LVC Global Holdings have entered into a definitive agreement to merge operations, forming …

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Saudi Consortium Seals R23bn Barloworld Takeover

The Zahid Group from Saudi Arabia has finalised its R23 billion acquisition of Barloworld, completing a landmark deal that will see the South African industrial group delist from the JSE and A2X and transition to private ownership under a Middle Eastern-led consortium. The acquisition was executed through Newco, a consortium …

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France Eyes Africa’s Minerals to Secure Energy Future

A newly announced country strategy by President Emmanuel Macron signals a sharpened focus on Africa’s mining sector, positioning the continent as central to France’s long-term energy security and industrial competitiveness. As competition for minerals intensifies globally, led by China, Russia and the U.S., the strategy signals a renewed push by …

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Sibanye Phases Keliber Start Amid Market Reality

Production at the €783 million (R14.9 billion) Keliber lithium project in Finland will be phased, with Sibanye-Stillwater citing oversupply in the global lithium market. The Johannesburg-headquartered miner said that last year, prices for lithium concentrate were “well below” the project incentive price of $10,000 to $15,000 LCE (lithium carbonate equivalent). …

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Canadian investors to explore Namibia’s mining opportunities

The Canadian business community is highly anticipating participating at the 5th Canada-Africa Business Conference in Windhoek. Organised by the Canada-Africa Chamber of Business, the event is scheduled for the first week of February. In addition, the event is expected to position the country at the centre of high-level Canada–Africa trade and …

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Metso opens rubber products plant in Quzhou, China

Frontrunner in sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries globally, Metso has invested in a new rubber products plant in Quzhou, Zhejiang Province, China. The plant is expected to meet growing demand and improve service for its customers. By expanding its manufacturing …

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