Nornickel, the world’s largest palladium producer, is exploring new technologies to sustain demand for palladium, particularly in China, as the rise of electric vehicles diminishes the need for the metal in traditional internal combustion engine (ICE) vehicles. The company is partnering with Chinese universities and industries to develop applications in hydrogen production and water purification, which could generate up to 15 tons of new, long-term palladium demand. As China leads the charge in green technologies, Nornickel is positioning itself to meet the evolving demand and maintain its market dominance through innovation and collaboration.
Author: admin
Economic Strain and Protests Shrink Kenya’s Smartphone Market
Smartphone exports to Kenya have sharply declined as political protests and economic pressures take a toll on consumer spending. Rising inflation and reduced disposable incomes have forced many Kenyans to prioritize essentials, leading to a drop in demand for both high-end and budget devices. Retailers and manufacturers are scaling back shipments, while the industry grapples with the dual challenges of disrupted supply chains and a weakened economy.
Unlocking Africa’s Growth Potential: The Role of Transport Infrastructure
Africa’s economic growth and social progress hinge on modern, integrated transport infrastructure to connect communities, boost trade, and reduce inequality. Challenges such as poor road networks, congested ports, and inadequate cross-border systems hinder the movement of goods and people, raising logistics costs and limiting competitiveness. Governments are prioritizing transport infrastructure under initiatives like the African Continental Free Trade Agreement (AfCFTA), supported by innovative financing models like public-private partnerships (PPPs). Institutions like Nedbank Corporate and Investment Banking play a crucial role in mobilizing investment to unlock Africa’s potential, paving the way for a connected, prosperous, and inclusive future.
Bushveld’s Fight for Survival: A Turning Point in South African Mining
In a move that sent ripples through South Africa’s mining sector, Bushveld Minerals, a leading vanadium producer, placed its key South African entities into business […]
Mitsui’s High Stakes in Zambia: A Tale of Copper and Opportunity
In the heart of Zambia’s copper belt, where red metal veins hold the promise of a greener future, Mitsui & Co. emerged as the leading contender in a $2 billion bid for stakes in First Quantum Minerals’ Sentinel and Kansanshi mines. As global demand for copper surges, fueled by electric vehicles and renewable energy ambitions, Mitsui’s strategic offer reportedly outpaced Saudi Arabia’s Manara Minerals. With Zambia accounting for half of First Quantum’s output and $450 million in operating profit last year, the stakes are monumental—not just for the corporate giants vying for control, but for a nation poised at the crossroads of economic opportunity and global resource competition.
Ethiopia Bans Non-Electric Car Imports: Leading the Way Toward a Green Future
Ethiopia has made a groundbreaking move by becoming the first country in the world to ban the import of non-electric private vehicles. This ambitious policy, which took effect in January, aims to reduce carbon emissions and promote sustainable energy. While the country is rapidly increasing its electric vehicle (EV) imports, challenges such as a shortage of infrastructure, skilled technicians, and vehicle reliability issues remain. Despite these hurdles, Ethiopia’s commitment to a green transition, supported by the Grand Ethiopian Renaissance Dam, sets the stage for a new chapter in global efforts towards cleaner transportation.
Global Shifts in Battery Manufacturing: Africa’s Role in the Future of Clean Energy
Africa stands on the cusp of becoming a global leader in battery manufacturing, thanks to its rich reserves of lithium, nickel, manganese, and copper. With the US and EU diversifying supply chains away from China, Africa’s cost-competitive advantage in refining – up to 40% lower costs by 2030 – positions the continent to transition from a raw material exporter to a producer of high-value battery components. Strategic investments, supportive policies, and a focus on sustainability could enable African nations to power the global shift to clean energy while creating jobs and economic growth across the region.
Increasing Wave of Illegal Miners Resurfacing from North West Mineshaft
Nearly 600 illegal miners have resurfaced from a Stilfontein mineshaft in North West South Africa, following intensified police and South African Defence Force (SANDF) interventions aimed at curbing illegal mining activities. Many of these miners, who have spent over a year underground, primarily hail from neighboring countries like Mozambique and Lesotho, seeking better economic opportunities. Upon emerging, they are met by law enforcement officials who arrest them and provide basic necessities while awaiting legal processing. This situation highlights the urgent need for comprehensive solutions to the illegal mining crisis, as it poses significant humanitarian, legal, and socio-economic challenges for both the individuals involved and the broader community.
Kodal and Mali Government Sign MoU for Bougouni Lithium Project Transfer
Kodal Minerals has entered a binding memorandum of understanding (MoU) with the Malian government to finalize the transfer of the Bougouni lithium project mining license to Les Mines de Lithium de Bougouni SA (LMLB). This agreement follows a $117.5 million investment from Hainan Group and is governed by the 2023 Mining Code of Mali. Key provisions of the MoU include the allocation of a 35% equity interest in LMLB to the Malian State and local investors, with customs and duties exemptions during the construction phase. Kodal Minerals CEO Bernard Aylward emphasized that this milestone solidifies the project’s future and underscores the strong partnership between Kodal and the Malian government, with production expected to begin in the first quarter of 2025.
Çayeli Bakir Transforms Mining Operations with Micromine Pitram, Achieving Major Productivity Gains
“Micromine Pitram powers Çayeli Bakir İşletmeleri to 18% more productivity” Micromine, a prominent innovator in advanced mining technology, has showcased impressive outcomes achieved by Çayeli […]
First shipments of graphite concentrate from Madagascar mine to Germany, US
NextSource Materials, a company listed on the Toronto Stock Exchange, has announced its first commercial shipments of graphite concentrate from the Molo graphite mine in […]
PowerROC T35: Enhanced Efficiency and Performance with Epiroc’s Next-Gen Drill Rig
Epiroc has introduced an upgraded PowerROC T35, a next-generation surface drill rig aimed at the global quarrying and construction markets. This new model, touted as […]
Electric vs Diesel-Powered Pumps
Both diesel and electric pumps have their uses in mining applications, but which type is best suited to which type of project? By Rodney Weidemann […]
Weir Group Lands £25 Million Contract for Advanced Separation Technology in Morocco
On September 30, 2024, The Weir Group PLC announced a substantial £25 million contract to provide energy-efficient separation solutions for the OCP Group’s Benguerir and Louta greenfield phosphate projects in Morocco. This contract includes the supply of advanced WARMAN® slurry pumps and CAVEX® hydrocyclones, aimed at supporting the construction of the Louta project and tripling production at the Benguerir site. Jon Stanton, CEO of Weir, emphasized that the contract signifies a strong endorsement of their technologies, which are designed to enhance productivity while meeting sustainability goals. With an impressive projected mine life of over 100 years, this collaboration positions Weir as a key partner in Morocco’s phosphate mining future.
Strengthening Africa’s Critical Mineral Sector: Major Investments Fueling Economic Growth
In September 2024, the Industrial Development Corporation of South Africa (IDC), along with the Development Bank of Southern Africa (DBSA) and Tanzania’s CRDB Bank, announced a significant $179 million investment in Tanzania’s Mahenge Graphite Project. This financing aims to capitalize on the growing demand for energy transition metals, positioning Tanzania as a key player in the global market with an output of 347,000 tons per annum. The funding reflects a broader trend of African nations seeking to reduce reliance on foreign financing while gaining greater control over mining projects. As regional financial institutions bolster support for critical mineral initiatives, the upcoming Critical Minerals Africa (CMA) 2024 summit will explore innovative investment opportunities and local financing mechanisms, highlighting Africa’s vast potential in the critical minerals sector.
Battery-powered Equipment: Wacker Neuson’s Zero Emission Solutions
Wacker Neuson is leading the charge in sustainable construction with its extensive lineup of battery-powered equipment. From electric internal vibrators to versatile electric rammers and vibratory plates, these machines offer robust performance while adhering to strict noise and emission guidelines. The AS50e battery-driven rammer is perfect for compacting soil in confined spaces, while the APS1135we vibratory plate excels in urban environments. Wacker Neuson’s electric excavators and dumpers combine power and precision, ensuring efficient operation without emissions. With a unified battery and charger system across all models, Wacker Neuson empowers construction professionals to embrace greener practices and build the zero emission construction sites of tomorrow—today.
Lucara Diamond Corp. Unveils Impressive 1,094-Carat Diamond from Botswana
Lucara Diamond Corp. has successfully recovered an extraordinary rough diamond weighing 1,094 carats from its Karowe Mine in Botswana. This remarkable find follows the earlier discovery of a 692-carat diamond, which was polished by HB Antwerp and sold for over US$13 million. The new diamond will also be polished by HB Antwerp, continuing their partnership.
As the sixth diamond exceeding 1,000 carats recovered by Lucara, this discovery highlights the company’s ability to unearth large, high-value stones from the South Lobe of the Karowe Mine. William Lamb, President and CEO, emphasized that this recovery underscores Karowe’s potential and reinforces the company’s position in the high-end diamond market.
Akobo Minerals Announces Major Milestone in Segele Mine Development, Moving Towards Full-Scale Ore Extraction
Akobo Minerals has achieved a significant milestone in the development of its Segele mine with the completion of the crosscut between the Western and Eastern tunnels. This critical infrastructure enhances operational efficiency and safety, allowing the team to transition from development to stoping activities. The crosscut improves ventilation and provides a secondary exit route, boosting worker safety.
As the company prepares to extract high-grade ore from the richest section, Stope 01, discussions among stakeholders reflect optimism for increased production and financial stability. The mining community is closely monitoring these developments, anticipating a transformative phase for Akobo Minerals as it positions itself for significant growth in the region’s mining sector.
Africa Adaptation Acceleration Program Wins Top NDC Adaptation Investment Award for Groundbreaking Climate Efforts
The Africa Adaptation Acceleration Program (AAAP) has been awarded the “Best Investable NDC Adaptation Investment Initiative of the Year” at the 2024 African NDC Investment Awards. Launched by the African Development Bank and the Global Center on Adaptation, AAAP aims to mobilize $25 billion by 2025 to drive climate adaptation projects across Africa, focusing on infrastructure, food security, and youth entrepreneurship. The program has already raised over $9 billion and is transforming lives in 41 countries.
Mission 300: A Global Coalition’s Ambitious Plan to Electrify 300 Million Africans by 2030
Ahead of Climate Week NYC, a global coalition of organizations, including the Global Energy Alliance for People and Planet (GEAPP), Sustainable Energy for All (SEforALL), and The Rockefeller Foundation, launched “Mission 300” to bring electricity to 300 million Africans by 2030. The initiative, supported by the African Development Bank and World Bank, aims to mobilize private sector financing and technical assistance across 11 African nations, transforming energy access and fostering economic growth across the continent.
Diamond Beneficiation Project to Empower Indigenous Communities
The Aboriginal Business Forum of South Africa (ABFSA) is set to transform the economic landscape of Kimberley with a new diamond polishing and jewellery-making factory. This initiative, aimed at benefiting marginalized Indigenous communities in the Northern Cape, was solidified this week with a memorandum of understanding signed in Namibia. ABFSA CEO Vernon Mostert emphasized that the project will not only create jobs and provide skills training but also help preserve Indigenous cultures and languages. The collaborative effort, involving the Indigenous Peoples Businesses Forum and Ministry of Trade representatives, marks a significant step towards local empowerment and economic justice.
Harnessing Sub-Saharan Africa’s Critical Mineral Wealth
In this groundbreaking study, Wenjie Chen, Athene Laws, and Nico Valckx delve into [insert topic], offering fresh insights and comprehensive analysis. Their collaborative research highlights [insert key findings or themes], providing a valuable contribution to the field of [insert field]. This work not only advances current understanding but also sets the stage for future exploration and innovation.
Atlantic Lithium Secures Environmental Permit for Ghana’s First Lithium Mine
Atlantic Lithium Limited has received an environmental permit from Ghana’s Environmental Protection Agency (EPA) for its Ewoyaa Lithium Project, marking a pivotal step towards establishing Ghana’s first lithium mine. The permit, following extensive community engagement and regulatory review, clears the way for the project’s advancement. Atlantic Lithium’s Executive Chairman, Neil Herbert, hailed the approval as a major milestone in the development of Ghana’s lithium industry, which is poised to play a key role in the global clean energy transition.
CMA 2024 Summit to Explore China’s Expanding Role in Africa’s Copper Industry
The Critical Minerals Africa (CMA) 2024 Summit will explore China’s growing influence in Africa’s copper industry, highlighting major investments in mining projects across the continent. With over $50 billion in pledged financing, China is helping Africa boost its copper production to meet global demand for energy transition minerals. The summit, taking place November 6-7 in Cape Town, will bring together industry leaders to discuss the future of African mining and its impact on the global supply chain.
Advantages of Rubber Linings in Pump Applications: Enhancing Durability and Sustainability
Rubber linings offer superior resistance to coarse particle abrasion in pumps, making them ideal for demanding applications like mill operations. Weir’s decades of expertise in elastomer technology provide a durable and sustainable solution, reducing maintenance frequency, improving safety, and lowering the carbon footprint compared to metal liners.
Overcoming the Barriers to Africa’s Mineral Potential
Africa’s vast mineral wealth holds the key to the global energy transition, yet the continent remains hindered by a lack of systematic geological mapping, inadequate infrastructure, and outdated mining practices. Despite holding a fifth of the world’s metal reserves, Africa struggles to fully tap into this potential. To unlock these resources and transform the continent’s role in the global mineral market, significant investments in advanced technologies, infrastructure, and value-added processing are essential. The future of Africa’s mineral sector depends on overcoming these barriers and seizing the opportunities that lie ahead.
Investing in Africa’s Manufacturing Growth – A Pathway to Sustainable Prosperity
Africa’s manufacturing sector is emerging as a key engine of growth, offering unparalleled investment opportunities as the continent urbanizes and industrializes. With a rapidly expanding population and middle class, Africa is becoming a robust market for high-quality goods. The continent’s abundant natural resources and strategic location between major global markets further enhance its appeal. Supported by progressive policies and technological advancements, Africa is poised for a manufacturing renaissance that can drive economic diversification, create jobs, and elevate living standards. Now is the time for investors to seize this opportunity and contribute to Africa’s sustainable prosperity.
Protection Against Noise and Vibration: PPE as the Last Line of Defense
Personal Protective Equipment (PPE) should never be the first line of defense against occupational hazards like noise and vibration. While essential, PPE must be the final layer of protection after all other measures have been exhausted. Effective noise and vibration control starts with eliminating or reducing hazards at their source, followed by implementing engineering and administrative controls. Only when these steps are in place should PPE be relied upon as a critical safety net, ensuring that workers are fully protected in environments where risks cannot be entirely eliminated.
OHS & PPE IN HAZARDOUS ENVIRONMENTS
Choosing the right gas detector is crucial for workplace safety, particularly in environments with hazardous gases. This article explores key considerations for selecting a gas detector, including the importance of a site risk assessment and understanding the specific gases that need to be detected. Additionally, it highlights the advanced protection features of the M1 SCBA, designed to safeguard firefighters against chemical permeation, ensuring their safety in high-risk situations.
WORKING AT HEIGHTS
The Msikaba Bridge, spanning 580 meters across the Msikaba Gorge in South Africa’s Eastern Cape, is set to become one of the highest bridges in Africa. As part of the N2 toll road project, this engineering marvel is being constructed by the CME Joint Venture and is expected to be completed by late 2024. The project emphasizes safety, precision engineering, and local community engagement, setting a new standard for infrastructure development in the region.
SHEQ IN CONSTRUCTION
The South African construction industry faces urgent challenges in improving its health and safety standards while also addressing its significant environmental impact. A new analysis by Professor John Smallwood highlights alarming accident rates, the need for better mental health support, and calls for comprehensive reforms, including regulatory changes and enhanced training, to move the industry toward a safer and more sustainable future.
Excessive Cargo Control Measures Stifle Trade at Beitbridge
The Beitbridge Border Post, despite a $300 million upgrade, is once again mired in congestion and delays. Excessive cargo control measures, including a 100% scanning regime and fuel duties, have slowed transit times to over 24 hours, frustrating transporters who must still pay a $200 fee. This inefficiency is stifling regional trade and undermining Zimbabwe’s role as a key transit hub in Southern Africa.
Unitrans Unveils Cutting-Edge Centre of Excellence to Revolutionize African Supply Chain Solutions
Unitrans has launched its upgraded Centre of Excellence (COE) to revolutionize supply chain solutions across Africa. This state-of-the-art facility leverages big data and predictive analytics to enhance operational efficiency, safety, and sustainability. “Our COE is designed to be a game-changer, offering our clients a competitive edge in a rapidly evolving marketplace,” said Jacques Greeff, Executive of Solutions at Unitrans. The COE provides real-time insights and tailored solutions, driving value creation and optimizing supply chain performance.
Azule Energy Pioneers World’s First Green FPSO Vessel in Angola
In an ambitious stride towards securing its place in the global energy market, Angola has embarked on a groundbreaking journey with Azule Energy leading the […]
Rio Tinto Advances Development of Guinea’s High-Grade Iron Ore Deposit
Rio Tinto has achieved a significant milestone in the development of the Simandou high-grade iron ore deposit in Guinea, meeting all necessary conditions for investment, […]
Africa’s Clean Energy Surge: A Beacon of Hope in Declining Foreign Investments
Despite a slight decline in overall foreign investment flows to Africa in 2023, the continent’s clean energy sector has seen a remarkable surge, attracting significant global interest. Noteworthy investments include a $34 billion green hydrogen project in Mauritania and over $10 billion for wind and solar projects in Egypt, South Africa, and Zimbabwe. These developments highlight Africa’s growing commitment to sustainability and its potential to lead in renewable energy, driving economic growth and environmental progress.
Advancing Construction Efficiency with the Cat® 745 Articulated Truck
The CAT 745 is a powerhouse in the realm of heavy-duty construction equipment, designed to maximize productivity and efficiency. Boasting a 41-ton payload capacity and a 25 m³ heaped volume, it features the robust Cat C18 engine known for its durability and fuel efficiency. The CAT 745 is equipped with advanced technologies like automatic traction control, ECO mode for fuel savings, and stability assist systems, ensuring both operator safety and machine performance. With an emphasis on operator comfort, the spacious cab includes improved visibility, reduced noise levels, and intuitive controls, making it a reliable choice for demanding construction projects.
Scania CrewCab: The Ultimate in Versatility and Safety for Emergency Services
The Scania CrewCab is designed for emergency services with no room for compromise, offering unparalleled versatility, comfort, and safety. Featuring advanced ergonomics and innovative safety enhancements like the Scania City Safe Window, this vehicle ensures superior visibility and protection in urban environments. With flexible seating options, a separate climate system for the crew area, and powerful engine choices, the CrewCab is always ready for the unexpected, making it an invaluable asset for any emergency response team.
Resolute Mining – A Beacon of Success in African Gold Mining
Resolute Mining, a leader in African gold mining, boasts over three decades of expertise, with operations in Mali, Senegal, and Guinea. The company is committed to sustainable growth through extensive exploration, aiming to discover new deposits and expand existing resources. Resolute’s dedication to community engagement and responsible resource management underscores its mission to support regional development and environmental stewardship, making it a beacon of innovation and success in the mining sector.
South African Asset Managers’ Response to Shifting Investment Trends and Political Uncertainty
In the midst of evolving investment landscapes, South African asset managers have notably adjusted their strategies, as highlighted in the 2023 Alexforbes Manager Watch Annual Survey. Over the past five years, a discernible trend has emerged, with a greater focus on global equities alongside recalibrations in domestic allocations. However, this strategic maneuvering unfolds against a backdrop of political uncertainty following national elections, with discussions of a Government of National Unity stirring market volatility. Yet, armed with insight and adaptability, South African asset managers remain poised to navigate these challenges, steering investments towards long-term prosperity amidst shifting sands.
Minister Senzo Mchunu Discusses Municipal Service Delivery and Key Projects
In an insightful interview with Kirsten Kelly, Minister of Water and Sanitation Senzo Mchunu discusses the challenges and transformative initiatives in municipal water service delivery. Highlighting the theme of “Water for Peace” on World Water Day, Mchunu underscores the collaborative potential of water to unite communities and countries. He also elaborates on critical projects and legislative reforms aimed at ensuring reliable access to potable water across South Africa, emphasizing the department’s shift towards a more integrated approach to water resource and services management.
Sonatrach Expands Energy Projects in Algeria, Boosts Gas Supplies to Europe
Sonatrach, Algeria’s state-owned energy giant, has forged pivotal partnerships with Baker Hughes and Tecnimont to bolster the nation’s energy infrastructure. The collaboration aims to enhance gas production at the renowned Hassi R’Mel gas field, positioning Algeria as a key player in Europe’s energy supply chain.
Milestone Achieved in Carbon Capture and Utilisation Storage Project
Leandra, Mpumalanga, 10 May 2024 – The Council for Geoscience (CGS) and Mzansi Exploration, Drilling and Mining celebrated a significant achievement with the completion of an 1800m drill for the Carbon Capture and Utilisation Storage (CCUS) pilot project. This milestone, essential for the development of the CCUS initiative, was celebrated at the CCUS Piloting Site in Leandra, Mpumalanga.
Zimbabwe Licenses Starlink for Satellite Internet Services in Strategic Tech Partnership
Zimbabwe has officially licensed Elon Musk’s Starlink to provide satellite internet services, becoming the eighth African country to do so. President Emmerson Mnangagwa announced the partnership with local company IMC Communications, owned by his associate Wicknell Chivayo. This move aims to revolutionize Zimbabwe’s digital landscape by offering high-speed, low-cost internet, particularly benefiting rural areas. Economist Stevenson Dlamini highlighted the potential cost challenges but emphasized the long-term benefits for schools, hospitals, and other public facilities.
Qatar Airways Nears Investment in Southern African Airline
Qatar Airways is nearing the final stages of a significant investment in a southern African airline, according to CEO Badr Mohammed Al Meer. This move, expected to be officially announced within weeks, aims to enhance Qatar Airways’ presence in Africa by improving connectivity and offering more flight options in the region. While the specific airline remains undisclosed, the investment highlights Qatar Airways’ commitment to expanding its network and capitalizing on Africa’s growing aviation market.
Atlantic Lithium Makes History on Ghana Stock Exchange
On May 13th, 2024, Atlantic Lithium made history by becoming the first lithium-focused company to trade on the Ghana Stock Exchange (GSE) under the ticker “ALLGH.” This milestone marks the beginning of Ghana’s first lithium mine, the Ewoyaa Lithium Project, which is set to produce 365,000 tonnes of spodumene concentrate annually. The listing offers Ghanaians a unique investment opportunity and signifies a major step in the country’s economic and green energy transition efforts.
UNDP Announces Groundbreaking Start-Up Ecosystem Event in South Africa
The United Nations Development Programme (UNDP) is thrilled to announce an exciting new event in South Africa as part of the “UNDP Meet the Toshikas” initiative, which also spans Angola and Zambia. This event is set to connect investors, accelerators, incubators, local corporates, and governmental bodies with innovative start-ups. Out of 254 applicants, 10 outstanding start-ups from South Africa have been selected to pitch their groundbreaking ideas. The event will feature insightful presentations and panel discussions with key ecosystem stakeholders and esteemed Japanese investors, fostering robust
business networks and facilitating collaboration opportunities. Supported by Japan’s Ministry of Economy, Trade, and Industry (METI), “Meet the Toshikas” aims to empower young African entrepreneurs, enhance their competitiveness, and attract Japanese venture capital investment to Africa. For more information, visit UNDP Meet the Toshikas.
City of Johannesburg Commits R20 Million for M1 Bridge Repairs After Devastating Fire
In the wake of a devastating fire that engulfed the M1 highway bridge in Johannesburg, the City of Johannesburg has pledged R20 million towards its urgent repairs. Suspected to be ignited by cable theft, the blaze inflicted significant damage, prompting immediate action to ensure commuter safety and restore vital infrastructure.
Global Coal Organization Calls for Balanced Approach to Energy Policy
The recent announcement by the Group of Seven (G7) forum to phase out unabated coal by 2035 has sparked debate and scrutiny from various quarters, […]
Investment Summit in South Africa Showcases Zimbabwe’s Economic Potential
Zimbabwe’s Minister for Finance and Investment Promotion, Mthuli Ncube, alongside Tafadzwa Chinamo, the Chief Executive Officer of Zimbabwe Investment Development Agency, spearheaded a groundbreaking two-day […]