Wednesday , August 5 2026

News

Sustained mining growth spur GDP in 2022 – IMF

The International Monetary Fund’s latest  consultation report indicates that the local economy’s GDP growth reached 4.6 percent in 2022 on the back of sustained mining growth and recovery in tourism. This year, the growth is estimated at 3.2 percent, as economic activity is assessed to have now surpassed the pre-pandemic …

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Reflections on mining in Africa, and its bold new future

Considering the theme of the Investing in African Mining Indaba 2024– Embracing the power of positive disruption: A bold new future for African mining –the term ‘disruption’ has come to describe a raft of rapid technological and other advancements that have significantly changed the way we do business today. “Perhaps …

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EU carbon tax to short-change Africa in trade

New European Union (EU) carbon border tax could significantly constrain Africa’s trade and industrialization progress, the Africa Development Bank (AfDB) has warned.   AfDB President, Dr Akinwumi Adesina said the carbon tax will penalise value-added exports including steel, cement, iron, aluminium and fertilizers.   “With Africa’s energy deficit and reliance mainly on …

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Energy Indaba to empower nations with latest technology

Africa Energy Indaba has announced the theme for its the upcoming 2024 edition of the Indaba exhibition. The energy event will be held under the theme of – ‘Empower, Energise, Excel: Africa’s Premier Energy Exhibition.’ Slated for the 5th to the 7th of  March 2024 at the Cape Town International …

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Commonwealth action group launched to help African countries cut methane emissions

A new action group intends to help Commonwealth countries, including African member states, rapidly cut emissions of the potent greenhouse gas methane as part of wider efforts to keep rising global temperatures within liveable limits. The country-led coalition was announced at a ministerial event on the margins of the United …

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Global Copper Market on the brink, says analysts

Reduced supply from major copper producers Panama and Peru may flip the global copper market into a deficit from surplus in 2024 or at least tighten oversupply if the disruptions are not resolved in coming months, analysts said on Tuesday. Panama’s top court on Tuesday ruled that Canadian miner First …

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Multotec eyes environmental clean-up projects

…as test work yields successful results While the modern world simply cannot function without mining and industrial operations, environmental rehabilitation is an essential and sustainable response to the man-made destruction of the natural habitat that is a consequence of these activities. Environmental restoration is an important consideration for Multotec, a …

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Germany pledges 4 billion Euros in Africa’s green energy

Germany has pledged to invest 4 billion euros in Africa’s green energy until 2030. The announcement was made by German Chancellor Olaf Scholz in Berlin after meeting African leaders and heads of international organisations including the President of the African Development Bank Group Dr. Akinwumi Adesina, during the G20 Compact …

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Metso launches Skega™ Life

Metso is introducing to its mill lining portfolio an innovative rubber, Skega™ Life, with up to 25 percent longer wear life compared to the current premium rubber, Skega™ Classic.   The new rubber type is developed in Metso’s own laboratory and validated by field studies. Skega™ Life is a part …

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STEINERT, Ferbasa leading sensor-based sorting in Latin America

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 …

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