Business

A memorandum of understanding (MoU) has been signed between the Republican of Liberia and Guinea with regard to transportation of Iron ore from Zogota Iron Ore in Guinea. This follows the joint vision of economic co-operation conveyed by leaders of the republics of Guinea and Liberia, His Excellence President Alpha …

The recent joint venture between Barrick Gold and Newmont Goldcorp in Nevada has been announced and that all regulatory conditions required for its completion have been completed. The operations making up the joint venture produced in excess of 4 million ounces of gold in 2018, more than three times the …

Sawa Minerals,a tech-driven company has created and launched a platform that will transform how gold is mined and sourced across Africa and the developing world. The platform has been designed in such a way that it is easy to buy ethically mined gold from artisans and small scale miners (ASM) …

Cummins has debuted the HSK78G natural gas generator series at the 2019 Middle East Electricity (MEE) at the Dubai World Trade Centre. The equipment is expected to fuel the next generation of power and offer a total package of gas generator capabilities and innovative gas technology for prime and peaking …

Hong Kong-listed  Hanergy Thin Film Power Group has showcased its path-breaking solar-power products at the just ended Solar Show Africa 2019. The event is Africa’s largest and longest running power and electricity show recently held in South Africa. The group showcased a series of its most promising solar solutions – …

Jubilee has executed a share purchase agreement for the acquisition of Sable Zinc refinery. Situated adjacent to the large stock piles of zinc, lead and vanadium, Jubilee has contracted from BMR Group PLC, the acquisition reduces the time to build the refinery by some 18 months delivering the first metal …

CIMIC Group’s global mining services provider, Thiess, through Majwe Mining Joint Venture (Majwe), has secured a A$1.7 billion contract at Debswana Diamond Company’s Jwaneng Mine Cut 9 project in Botswana. Majwe, a joint venture between Thiess (70 per cent) and long-term local partner Bothakga Burrow Botswana (30 per cent), will …

De Beers Group Industry Services’ four diamond verification instruments (DVI) submitted for testing as part of Project ASSURE have received outstanding results. Project ASSURE is a joint collaboration between the Diamond Producers Association (DPA) and Signet Jewelers, with input provided by other participants in the diamond industry and gemmological laboratories, …

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 …

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 …