News

…as coal rush fade away Kibo Energy has announced intentions to refocus, dispose of coal energy projects to focus on renewable energy opportunities. Kibo’s blueprint is in line with the company’s refocused strategy centred on sustainable renewable energy solutions. The development comes following the positive results of an extensive due …

On March 1, 2021, Kraatz Engineering, a subsidiary of the Ohlthaver & List (O&L) Group, purchased C&V Welding, resulting in an extended network of engineering and construction services between the two companies. C&V Welding will now be known as Kraatz Technical C&V Welding and will offer steel construction services in …

After successfully serving markets throughout the continent from its headquarters in Coega, Gqeberha, Port Elizabeth for a number of years, commercial vehicle manufacturer FAW Trucks has reintroduced the brand in Namibia, reinforcing its steadfast commitment to clients. FAW Trucks found a dependable home with Africa Commercial Vehicles (ACV), a dominant …

Hytec South Africa has developed a new app that simplifies the inspection and servicing reporting processes for its customers. The ‘Smart Inspection” app enables inspection and service reports for hydraulic systems to be completed via cell phone or tablet and emailed to the relevant Maintenance or Section Engineer in real …

Mergence Unlisted Investment Managers (Namibia) has increased its shareholding in the two Ejuva renewable energy projects in Gobabis from 17% to a majority stake of 66% having acquired the 49% previously held by co-developer and initial part-financier, CIGenCo, a subsidiary of South Africa-listed Consolidated Infrastructure Group (CIG). The two adjacent …

CrushPlant Namibia has been appointed as MAJOR’s new aggregate and mining screen media authorised dealer in Africa. Customers in Namibia, Africa, will be served by CrushPlant Namibia. MAJOR’s screen media solutions will be available, including FLEX-MAT high-vibration wire screens in tensioned and modular forms. CrushPlant Namibia has been supplying engineering …

Namibia Ministry of Mines and Energy has decided to keep the fuel pump prices for June unchanged while still accommodating the Road User Levy increase of 7 c/l, effective 01 June. He said this following relatively low under-recoveries of 49 cents on petrol and an under-recovery of 23 cents on …

Dundee Precious Metals (DPM), based in Canada, recently announced the acquisition of INV Metals, adding an advanced-stage Ecuador gold project to its portfolio of assets, which already includes two Bulgarian mines and a Namibian copper smelter. Each of the issued and outstanding shares of INV that DPM did not already …

Fires are unpredictable and can spontaneously combust and start anywhere at any time, with disastrous consequences. Imagine being stranded on a ship, in the middle of the ocean and a fire spontaneously occurs. The fire brigade would be out of reach and your only saving grace might be to jump …

Anglo American (LSE: AAL) chief executive Mark Cutifani didn’t mince words when asked to speak about mining’s place in society as part of the opening plenary at this year’s virtual CIM convention. With a world population of 7.6 billion that’s growing toward 9 billion, “the simple fact is that the …