Business

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 …

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 …

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 …

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 …

Epiroc is launching a new and improved PowerROC T45. The new generation surface drill rig offers increased fuel efficiency and high availability. “We are eager to get this rig out to our customers around the world. The PowerROC T45 MKII is the perfect choice for construction sites and aggregate, cement …

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 …

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 …

The leading Investing in African Mining Indaba 2026 voices have unpacked how regional integration promotion, Pan-African partnerships and policy alignment are accelerating Africa’s mining transformation, which is in turn promising to catalyse energy and transport infrastructure development, industrial and manufacturing activity, skills demand, and employment creation on the continent. As …

WearCheck will be showcasing a broad mix of condition monitoring solutions at the 2026 Investing in Africa Mining Indaba, hosted at the Cape Town International Convention Centre (CTICC) from 9 to 12 February. From scientific used oil analysis and transformer oil testing to asset reliability care services and water testing …

First Quantum’s Kansanshi Mine has successfully hosted an intensive rope rescue and first aid training exercise for mine rescue teams from eight leading mining companies in Zambia, as part of its routine annual and quarterly emergency response training programme and in preparation for the 2026 International Mine Rescue Competition. The …