Holcim, the world’s largest building materials company, has entered into an agreement with Chinese industry giant Huaxin Cement to sell its 83.81% stake in Lafarge Africa, based in Lagos, Nigeria, for an equity value of $1 billion on a 100% basis. The transaction, subject to customary and regulatory approvals, isContinue Reading
HD Hyundai Construction Equipment is investing in a revised regional management structure, new uptime and machine customisation centres, and the building of a dedicated product demonstration area as part of a wide-ranging reorganisation of its European operations. HD Hyundai is implementing a transformative organisational structure to strengthen connections with markets,Continue Reading
London- and Australia-listed Resolute Mining has completed a second settlement payment of approximately $50 million to the government of Mali, funded from its existing cash reserves. The company confirmed that the remaining balance of $30 million will be settled by the end of this year using its current liquidity sources.Continue Reading
Dual-listed Barrick Gold has welcomed the Ontario Superior Court’s decision to dismiss a lawsuit brought by 21 Tanzanian nationals alleging human rights abuses by Tanzanian police at the North Mara gold mine. The court ruled that Ontario, Canada, was not the appropriate jurisdiction for the claims. The lawsuit, filed inContinue Reading
A game-changing partnership has taken its next steps by introducing solutions to reduce carbon emissions while maintaining high productivity. The milestones met by Volvo Construction Equipment (Volvo CE) and Heidelberg Materials Northern Europe signal the potential to decarbonise construction through a holistic approach that combines advanced digital tools, zero emissionContinue Reading
Advertisement AUSA, the manufacturer of compact all-terrain industrial vehicles, is launching its next-generation range of compact dumpers with 1,000- and 1,500-kg payloads onto the market. With five new models, AUSA aims to build on the success of its earlier models by equipping them with new features that improve their functionalityContinue Reading
The Mecalac Group, a leading specialist in the design, production and distribution of compact machines for urban worksites, is pleased to announce the launch of its new range of wheel excavator loaders, the 12-Series, comprising the 12MSX, 12MTX and 12MRX models. True to the heritage of Mecalac excavators, this newContinue Reading
CDE, a leader in mineral wet processing solutions, has designed and commissioned a waste recycling plant for Valdeau’Mat, which is exceeding expectations after less than a year in operation. Valdeau’Mat was founded by brothers Steeve and Benjamin Vandeginste in their bid to tackle the growing problem of construction waste whileContinue Reading
Krank is excited to announce the launch of Heavy Kit, a groundbreaking marketplace that redefines how heavy equipment is bought and sold. Unlike traditional platforms, Heavy Kit directly connects buyers with sellers’ marketplaces, offering access to high quality, real-time inventory from top-tier sellers like Liebherr, Sunstate Equipment, Maxim Crane, and ElebbreContinue Reading
AfriSam, a leading construction materials company, has successfully completed the construction of two multipurpose courts at Diazville Primary School in the Western Cape. The upgraded sports facility, which includes fencing with pedestrian gates, aims to provide an inclusive environment for learners to participate in various sports activities such as Futsol,Continue Reading
