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 »Mantashe opens 2019 Mining Indaba
South Africa’s mineral resources minister Gwede Mantashe is billed to open the 25th Annual Investing in African Mining Indaba. The event is the world’s largest gathering of mining’s most influential stakeholders and decision-makers vested in African mining. According to the organisers government will engage delegates on South Africa as a …
Read More »Renewables & Energy efficiency news
Despite concerns that intermittent renewables such as solar and wind could affect the reliability of power supply, mining companies are adopting wind and solar to reduce their energy costs at remote off-grid mines. In various microgrid applications, renewables combined with diesel, HFO, or gas are proving their worth in isolated …
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