Mining companies’ will be able to weather the year despite the covid-19 pandemic, owing to having vastly streamlined their operations, cut debt and expenditures, and increased production efficiencies, Fitch Solutions forecasts in its most recent report. Fitch anticipates most metal prices faring worse than in 2019 and the global recession affecting physical demand. “We believeContinue Reading
Pumps critical to the provision of water and sanitation services, as well as pumps used in the generation of electricity, are being fully supported during the nationwide Covid-19 lockdown period, says supplier KSB Pumps and Valves. It assures end-users that it has far-reaching contingency plans in place to ensure thatContinue Reading
As the cost of renewable energy solutions continues to drop and the demand for improved social and environmental compliance climbs, even the remotest mines in Africa are now starting to consider solar, wind and energy storage power supply options an investment-friendly and financially viable choice, Zest WEG Group’s Integrated Solutions executive ALASTAIR GERRARD tells LAURA CORNISH.Continue Reading
hile Fitch Solutions Macro Research has long held the view that major miners are better positioned to weather unexpected storms, grow further and tackle new challenges, the ratings agency has questioned whether this would be the case with the Covid-19 pandemic – which brings with it operational disruptions and declining metal prices.Continue Reading
