International News

Tata International Africa has become the first company in Africa to introduce a best-in-class standard warranty of five years on its entire Medium, Heavy and Extra Heavy Commercial Vehicle range. This first-of-its-kind Pan African five-year warranty applies to the full range of Tata Trucks and Buses as well as Daewoo …

GLENCORE has announced that it would pay out 0.12 US cents per share The company said this in its 2020 year-end presentation as it resumed dividends as flagged in December. The payment is set to be equivalent to $1.6bn in total. However, it added that, provided that annualized free cash …

Base metals have climbed this month on signs of progress in developing a drug to combat Covid-19, which would help economies reopen and global growth recover. But there are still immediate fears that fresh lockdowns – especially in the US – could bring renewed pressure on economic activity. The Trump …

Organisers of the continent’s biggest mining jamboree – African Mining Indaba have announced postponement of the event, slated for early next year. Simon Ford, Portfolio Director at Investing in African Mining Indaba the decision has been propelled by the on-going COVID-19 pandemic. “We are sorry to announce the 2021 edition …

A case has been filed in a Johannesburg court on Wednesday by 13 plaintiffs on behalf of an estimated 100,000 people, according to law firms Leigh Day and Mbuyisa Moleele. The firms plan to apply for a class action suit. They are demanding compensation and a clean-up of the area. …

The spotlight is set to be on Environmental, Social, and Corporate Governance (ESG) at the Africa Mining Forum which is set to kick off from the 16-20 November 2020. A testament to this notion is the fact that the organisers of the event have also announced a unique digital ESG …

Lausanne, Switzerland, Pix4D, technology pioneer and market leader in industrial photogrammetry software solutions, announces that it is starting a joint innovation project with SAP® to open up the market for drone-based, digital 3D inspections for telecommunications companies. SAP, a global leader in ERP (Enterprise Resource Planning) software, has included Pix4D …

GV Gold, also known as Vysochaishy, one of the fastest-growing Russian gold mining companies, has rolled out the Zyfra OpenMine fleet management system (FMS) at its Ugakhan Mine in Russia’s Irkutsk Region in Siberia. The implementation of the project has resulted in a year-on-year ore production volume increase of 11%. …

Trident Resources has acquired a gross revenue royalty (GRR) over production from Moxico Resources’ Mimbula copper mine, in Zambia, as well as over associated stockpiles, for $5-million in cash. Trident is entitled to royalty payments on production starting from July 1 and extending in perpetuity. Moxico is a private company, which is rapidly …

First established in March 2000 for a period of 20 years(until March 2020) Payment in US$ to be paid offshore to CEC in London Initial obligation for CEC to meet a maximum demand of 250MW with an escalation of up to 300MW provided KCM did not purchase the Nkana Smelter …