Kholo Capital Mezzanine Debt Fund I (“Kholo Capital”) (www.KholoCapital.com) and Maia Capital Partners (“Maia Capital”) announced today that they have provided R250 million mezzanine debt funding to Catapult Group (“Catapult”) to fund growth capital expenditure and to refinance a portion of existing senior debt to create cashflow headroom for theContinue Reading
When engineering, procurement and construction (EPC) firms plan new mining projects or expansions, the cost of mine development, system installation and operating the materials handling system is front-of-mind – and this is where hybrid technologies like Railveyor attract growing interest. Moving material on mining and other industrial applications can beContinue Reading
Facing the challenge of rapid growth and the need to relocate its operations, Asco Foods, a major UK importer and wholesale supplier of South East Asian ambient and frozen foods in the UK, entrusted a comprehensive storage solution to support their new logistics platform. The project, delivered bySTS Storage SystemsContinue Reading
Metso has officially opened its cutting-edge Dewatering Development Hub in Irapuato, strategically located in the central region of Mexico. The new facility represents a significant enhancement to Metso’s competitive positioning and customer service capabilities. It is designed to meet customers’ diverse dewatering solution needs, offering reduced response times, environmental advantagesContinue Reading
JCB has passed another significant milestone in its pioneering hydrogen technology development programme after securing the first full EU-type approval of its hydrogen engine for use in non-road mobile machinery. This means that JCB’s hydrogen engine has been approved for sale and for use in machines and third-party OEM equipment in eachContinue Reading
Epiroc will move the manufacturing of rotary and raiseboring drilling tools from Langley to its factory in Matehuala, Mexico, where rock drills are also currently produced. The relocation of production equipment from Canada to Mexico will begin in the third quarter 2025 and the consolidation will be completed by theContinue Reading
Develon has launched an enhanced Waste and Recycling Kit tailored for its award-winning DL-7 series wheel loaders. This new kit is engineered to improve operator safety in the challenging and often hazardous environments of waste handling and recycling, where airborne dust, debris, and harmful materials are common. The kit isContinue Reading
Miners in Zimbabwe are calling on the government to postpone a proposed export tax on lithium concentrate until local processing plants are operational. The Zimbabwe Lithium Exporters (ZLE), an industry group representing companies including Chengxin Lithium Group, has formally requested a two-and-a-half-year deferral of the 5% export levy. The taxContinue Reading
Rio Tinto said Chief Executive Jakob Stausholm will step down later this year, and that it has started the process for appointing his successor. Stausholm has led the world’s second-biggest mining company since the start of 2021, brought into the top job as the company battled to repair its reputation with investors,Continue Reading
Having been active in the Democratic Republic of Congo (DRC) since the 1990s, SRK Consulting’s work in the country has diversified considerably – especially since it established its country office in Lubumbashi fifteen years ago in 2010. Celebrating this milestone ahead of the upcoming DRC Mining Week in June, SRKContinue Reading
