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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »Solar, wind Indaba to drive renewable energy innovation
The Africa Energy Indaba, a leading platform for energy professionals and stakeholders across the continent, is excited to announce the launch of the Solar & Wind Indaba. According to the organisers, the event aims to accelerate the adoption of renewable energy solutions, particularly solar and wind, to address the growing …
Read More »Andrada set to increase its tin production and determine lithium mineralisation at its Uis mine
UK-based Andrada Mining has garnered $25m (£20.11m) from Orion Resource Partners’ Orion Mine Finance (OMF) to support its Uis mine in Namibia. The $25m includes a $12.5m funding package in unsecured tin royalties, $2.5m to acquire 30.5 million shares and a $10m unsecured convertible loan. Additionally, Andrada will issue OMF III …
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