Barrick Gold Corporation has awarded Metso a major order for the supply of copper concentrator plant equipment to their Lumwana expansion project in North-Western Province in Zambia. Metso’s scope of delivery includes key equipment for grinding, flotation, thickening, feeding and filtration. The value of the order is approximately EUR 70 million, and it isContinue Reading
Barrick Gold Corp (ABX.TO) and the Malian government have agreed to work toward resolving disputes and claims related to the Loulo and Gounkoto gold mines in Mali, according to a statement released by Barrick on Monday. This announcement follows the arrest of four Barrick employees by Malian authorities two daysContinue Reading
Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) is expanding its exploration footprint into another top 10 copper-producing nation, with a view of replicating the success it has had within the Central African Copperbelt. This week, the company announced it recently signed a memorandum of understanding with Zambia’s mining ministry and government forContinue Reading
Asante Gold Corporation (CSE: ASE | GSE: ASG | FRANKFURT: 1A9 | U.S. OTC: ASGOF) (“Asante” or the “Company”) is pleased to announce it has entered into an equity financing agreement with a strategic investor. Under this agreement, Asante will sell 90,666,667 common shares via a non-brokered private placement atContinue Reading
The Osun State Government, on Thursday, said there is no Jupiter that could prevent it from recovering N3.2 billion in taxes, the Federal Government refuses to remit to the purse of the state government. The state government which threatened to take all necessary steps to recover it said, the unremittedContinue Reading
The construction industry’s role in exacerbating climate change through increased global warming and carbon emissions is undeniable. This challenge is further aggravated by the ongoing urbanization driven by a rapidly growing global population. As the population rises, so does the demand for construction, amplifying the industry’s impact on both economiesContinue Reading
Four global and local alliances have submitted their financial and technical bids to the Egyptian National Railways (ENR) for a $285 million renovation project of the 69-kilometer Al-Rubiki-10th of Ramadan-Belbeis railway line, three unnamed government sources told Asharq Business. The first alliance includes France’s Alstom, Concrete Plus, and Egypt’s RowadContinue Reading
The Nigerian government has initiated discussions with Libya regarding a potential gas pipeline construction project linking the two countries. This development was revealed by the Minister of Petroleum (Gas), Ekperikpe Ekpo, during a meeting with Libya’s Minister of Oil, Dr. Khalifa AbduAlsadik, on the sidelines of the 2024 Gastech ExhibitionContinue Reading
WEC Water, a South African engineering, procurement, and construction company, completed building a new multi-stage water treatment plant at Kasane in Botswana. This new plant will provide safe drinking water to the local communities.This new water treatment plant produces 16 Ml (16 million litres) of potable water per day for theContinue Reading
The newly appointed Public Works and Infrastructure Minister, Dean Macpherson, has rightly called for a “new vision and reality” to rebuild the country’s foundation through coordinated infrastructure development to unlock new economic opportunities. The Minister recently announced the establishment of an Infrastructure Advisory Committee, underscoring the need for strategic investmentsContinue Reading
