Home / Business (page 2)

Business

Safety a concern for SA mining authorities

South Africa’s mineral resources ministry has announced that safety in mining operations is one key area of concern for the country. Gwede Mantashe, the Mineral Resources Minister recently told media that the industry ended nine consecutive years of falling fatalities in the world’s deepest mines in 2017. “A third of …

Read More »

SEW-EURODRIVE providing clients with complete solutions

SEW-EURODRIVE is celebrating driving complete conveyor requirements at Greenfield coal mine in South Africa’s Mpumalanga coalfields region. The project entails a massive 27-unit order that was assembled at the OEM’s Nelspruit facility, and transported directly to site early this year. Though the order consisted of a complete drive package in …

Read More »

KSB expands its aftermarket services

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 …

Read More »

FQM’s bid highly discouraged by MUZ

The Mineworkers Union of Zambia (MUZ) has sternly advised the government against forging ahead with the offer by First Quantum Minerals (FQM) to purchase the shares that are held by government through ZCCM IH. Speaking to the media recently on the Copperbelt province in Zambia, Joseph Chewe, the MUZ president …

Read More »

Botswana unlocks its coal mining potential

Botswana’s mining industry is set to benefit from the continuing uncertainty around the Mining Charter in South Africa, local asset management firm Kgori Capital said. Tshegofatso Tlhong, Portfolio Manager at Kgori Capital said South Africa’s Mining Charter is curtailing investment for the country and could catapult mining in Botswana. “International …

Read More »

Amid uncertainties African mining shows steady progress

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 …

Read More »

Mining industry urged to invest in value addition

Export of finished products can offer significant cover for the country’s economy against falling copper prices, Stanbic Bank has said. Leina Gabaraane, Stanbic Bank Chief Executive Officer said there is need to invest in value addition in the mining sector to minimise the impact of changes in the prices of …

Read More »

Global zinc market to grow

GlobalData’s latest report has forecast that between 2019 and 2022, global zinc supply is expected to grow at a compound annual growth rate (CAGR) of 3.8 percent, to 15.7Mt  in 2022. Simultaneously, the gap between demand and supply is expected to narrow and eventually the market will move into a …

Read More »

Cummins Inc. celebrates centennial year

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 …

Read More »

Stanbic sends high-profile delegation to Indaba

As part of efforts to signal its commitment to back the mining sector, Stanbic bank is sending a high profile delegation to the upcoming Mining Indaba. “Mining matters to the people of Zambia. It is the country’s largest exporter, its largest taxpayer and largest private sector employer,” said Leina Gabaraane, …

Read More »