Sixth and final review by the International Monetary Fund (IMF) under the 38-month extended credit facility arrangement supporting the national reform agenda has been completed. The evaluation aimed at restoring macroeconomic stability, building economic resilience, and promoting sustainable and inclusive growth has shown economic strength amid external and domestic shocks. …
Read More »Entries Open for 2nd Southern African Lifting Awards
JOHANNESBURG—Africa’s lifting and materials-handling sector is preparing to spotlight its top performers as nominations officially open for the 2nd Southern African Lifting Awards. Following a successful inaugural event that established a new benchmark for the industry, the 2026 edition is scheduled to take place on 30 October at the Birchwood …
Read More »Saudi Consortium Seals R23bn Barloworld Takeover
The Zahid Group from Saudi Arabia has finalised its R23 billion acquisition of Barloworld, completing a landmark deal that will see the South African industrial group delist from the JSE and A2X and transition to private ownership under a Middle Eastern-led consortium. The acquisition was executed through Newco, a consortium …
Read More »France Eyes Africa’s Minerals to Secure Energy Future
A newly announced country strategy by President Emmanuel Macron signals a sharpened focus on Africa’s mining sector, positioning the continent as central to France’s long-term energy security and industrial competitiveness. As competition for minerals intensifies globally, led by China, Russia and the U.S, the strategy signals a renewed push by …
Read More »Green Innovation Leads LiuGong at Mining Indaba 2026
LiuGong will return to Mining Indaba 2026 with a clear message for Africa’s mining sector, that sustainability and productivity no longer have to be trade-offs. Building on strong engagement at last year’s event, the global equipment manufacturer will use the Cape Town gathering from 9 to 12 February to highlight …
Read More »Controlling carryback at conveyor transfer points
Dust and carryback from belt conveyor discharge points are an ongoing problem for bulk handling operations. Efficient discharge at a transfer point requires a holistic approach with several components working in tandem. This approach aims to extend equipment life, improve safety, and address the root causes of inefficiency and downtime …
Read More »Gov’t grants Ivanhoe exploration licences
Canadian mining company Ivanhoe Mines has been granted a 7,757-km2 package of new exploration licences in the North-Western Province. The development follows a collaboration deal signed between Ivanhoe Mines and the Ministry of Mines and Minerals Development in 2024. As a result of the deal, the Ministry of Mines has …
Read More »World Bank Urges Policy Pivot to Drive Zambia’s Mining Transformation
The World Bank has urged Zambia to implement a strategic overhaul of its mining sector through targeted investments and structural policy reforms to shift from being a raw material exporter to a resilient, inclusive industrial economy. In its latest analysis of mineral-rich nations, the World Bank Group asserts that the …
Read More »Barrick selects Metso technology for Lumwana copper project
Barrick Gold Corporation has selected Metso’s Concorde CellTM flotation technology for its Lumwana expansion project in North-Western Province in Zambia. According to the company, the Concorde Cell flotation cells will work in combination with the TankCell® technology previously selected for the project. The high-intensity Concorde Cell technology is Metso’s advanced …
Read More »Shuka Finalises Kabwe Zinc Mine Acquisition
The acquisition of Zambian mining company Leopard Exploration and Mining (LEM), together with the historic Kabwe zinc mine, by Shuka Minerals has been completed, bringing a protracted transaction process to a close. The deal hands Shuka control of one of the world’s highest-grade zinc deposits, with historical grades reaching up …
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