Canadian mining firm First Quantum Minerals is evaluating a gold pre-payment or streaming deal tied to its Zambian operations as a way to strengthen its balance sheet, Chief Financial Officer Ryan MacWilliam told analysts on Thursday. The move comes as the company seeks alternative funding avenues beyond a minority stakeContinue Reading
LUANDA, Angola, July 24, 2025/APO Group/ — Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has closed and disbursed €75 million of an €85 million sovereign facility to Government of Angola, through the Ministry of Finance, to support the construction of 186 priority bridges and critical upgradesContinue Reading
African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has signed an agreement to avail a US$75-million five-year cross-currency swap to the Central Bank of The Gambia (CBG) for the financing of strategic projects undertaken in The Gambia by the Government, through the National Roads Authority (NRA). The agreement, signed in Abuja, Nigeria, asContinue Reading
SKF Tunisia, a well-established provider of predictive maintenance solutions, bearings and maintenance tools to the country’s industrial sector for over a decade, recently presented its condition monitoring (CoMo) systems at the newly launched national mechanical training school. Located within the University Campus of El Manar, in Tunis, the institution recognizedContinue Reading
Syensqo and cylib have reached a significant milestone in circular battery materials processing by producing high-purity lithium hydroxide from spent EV batteries. This collaboration marks a major advancement in the recovery of valuable materials, as very few recycling companies today can produce lithium at battery-grade, especially lithium hydroxide, the preferredContinue Reading
Konkola Copper Mines (KCM) Plc has launched a transformative underground rail rehabilitation project at its flagship Konkola mine in Chililabombwe, Zambia. The initiative aims to more than double the mine’s copper ore transport capacity—an essential step in accelerating production growth and unlocking the full potential of one of the richestContinue Reading
Komatsu, working in collaboration with Boliden, has commissioned and begun field trials for the first diesel trolley truck in its innovative Power Agnostic (PA) series. The Komatsu Power Agnostic 930E truck started operating at Boliden’s Aitik mine in Gallivare, Sweden, representing a major milestone in advancing the decarbonization of surfaceContinue Reading
The Democratic Republic of Congo (DRC) has taken a decisive step toward modernizing its mining sector through advanced technology. Through the National Geological Survey of Congo (SGNC) it signed a memorandum of understanding (MoU) with Solafune, Inc., a Japanese technology firm specializing in satellite data and artificial intelligence (AI). TheContinue Reading
In the last week of June, a handover ceremony was held at West African Resources’ Kiaka Gold Project in Burkina Faso for a major new Caterpillar fleet of over 30 units. The machines were received from West African Resources’ business partner and Cat dealer NEEMBA Burkina Faso. The fleet includesContinue Reading
In many mining and other industrial plants, transfer points are the unsung heroes of materials handling – quietly facilitating the continuous flow of product through the process. Yet, too often, these critical chute systems are overlooked when it comes to routine maintenance, leading to premature wear, unplanned downtime and costlyContinue Reading
