News

KSB Pumps and Valves is intensifying its focus on aftermarket services that add value to customer operations far beyond the supply and maintenance of its own products. According to the company plans are to extend its services and engineering expertise to include maintenance of entire systems, reverse engineering of rotating …

Export of minerals have increased, the Namibia Ports Authority (NamPort) has announced. The development comes on the backdrop of efforts to gain a foothold of transit volume in the region. According to NamPort, the bulk exports increased year-on year by seven percent while the export of minerals such as copper, …

Global oil and gas service provider, Sapura Energy has selected the Walvis Bay company – EBH Namibia (EBHN) to reactivate their 15,839 ton semi-submersible, self-erecting tender-assisted drilling platform, SKD Jaya. “We are delighted to be able to announce the successful conclusion of the agreement with Sapura Energy, as it endorses …

Junior diamond miner Firestone Diamond has recovered a 70 carat white, makeable diamond from its Liqhobong Mine in Lesotho. The development follows after a 46 carat gem diamond that was recovered in December, sold for more than US$1 million at a recently held sale. Meanwhile the 70 carat diamond was …

Despite escalating trade wars keeping commodity prices in check as well as increased regulatory challenges across the continent generally, the mining team at Standard Bank anticipates that 2019 will see miners continue to cautiously pursue emerging pockets of opportunity across the continent. Over the last 18 months, the focus in …

The Fortune 150 listed company, Cummins Inc. is celebrating its 100th year as a company throughout 2019. With employees over 60 000 worldwide and serves customers in nearly every country across the globe, Cummins products range from diesel and natural gas engines to hybrid and electric platforms, as well as …

Plant equipment sales remained largely unchanged recording a decline of just 21 units over last year’s figure of 1455 machines sold during the third quarter of 2018. Lawrence Peters, Construction and Mining Equipment Suppliers Association (CONMESA) chairman said there is little growth and the industry needs stimulus. Despite the flatline …

President Cyril Ramaphosa is billed to speak at Mining Indaba 2019, slated for beginning of next month. Organisers of the annual mining jamboree said President Ramaphosa is set to bring his investment agenda to the landmark 25th Anniversary Indaba. As one of the driving forces behind South Africa’s historic economic …

Even though the negative global developments in 2018 affected the local mining sector, the sectoral outlook for growth remains strong for 2019, with earnings expected to grow by 1.1%, Indileni Nanghonga, Junior Analyst at Simonis Storm Securities said. Simonis Storm highlighted seven key projects and new developments in the mining …

Sandvik has announced plans to deliver a full OptiMine® platform to Vedanta Zinc International’s Black Mountain Mining (BMM) operations, this year. The development is to accelerate the site’s data-driven operation for world-class mining safety, efficiency and productivity. Currently Sandvik is providing the complete OptiMine® suite –  the world’s most comprehensive …