YSE-listed Freeport-McMoran (FCX) on Friday announced a 30% reduction in planned capital expenditure (capex) for 2020, as it unveiled a new operating plan in response to the Covid-19 pandemic and the resultant negative impact on the global economy. The group, which operates mines in North America, South America and Indonesia,Continue Reading
One person has been detained and an investigation opened to determine the cause of an explosion that killed scores of people at an informal gold miners market in Burkina Faso, a judicial source said on Tuesday. The blast happened on Monday in the rural commune of Gbomblora in the southwesternContinue Reading
Verder Liquids, part of The Verder Group, a global leader in advanced industrial and niche market pump solutions, is pleased to announce the latest addition in the Group’s Verderflex range of peristaltic tube pumps, the Rapide 5000. The Rapide 5000 has been developed to offer simple, reliable and cost-effective pumpingContinue Reading
Mining company, Newmont Ghana, has supported relief efforts for the victims of the explosion at Appiatse in the Western North Region with construction materials and consumables. The items, which included roofing sheets, iron rods, cement and food, were presented in response to the government’s call for support from the publicContinue Reading
uring South Africa’s extended national lockdown, aimed at helping to prevent the spread of COVID-19, Werner Pumps SA is open and able to assist municipalities and contractors to ensure essential services such as sewerage, wastewater treatment and infrastructure maintenance continues. “At Werner Pumps, our offices and manufacturing facilities have beenContinue Reading
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
