Tuesday , August 18 2026

Business

Chrysos Secures Deal to Supply PhotonAssay Technology to Newmont’s Gold Operations

ASX-listed Chrysos Corporation has entered a master services agreement (MSA) with global miner Newmont Corporation to deploy its advanced PhotonAssay technology at Newmont’s gold sites worldwide. The first PhotonAssay unit will be installed at Newmont’s Ahafo mine in Ghana during the first half of the 2026 financial year, marking a …

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ASI Expands into Autonomous Construction with SoftBank

Autonomous Solutions, Inc. (ASI), a global leader in industrial vehicle automation and developer of the Mobius autonomous fleet management system, has launched ASI Construction in partnership with SoftBank Group Corp. The new business unit will focus on automating construction equipment to meet rising demand and counter labour shortages, complementing ASI’s …

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SEW-EURODRIVE Expands Technical Services Across Africa

SEW-EURODRIVE South Africa, a leading provider of industrial gearboxes, drive systems and automation solutions, is accelerating the rollout of its ‘African Strategy’, aimed at extending technical services and support across the continent. The initiative is part of the company’s broader effort to strengthen its presence and improve customer responsiveness in …

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Tanzanian Gold Mine Strikes it Rich with Finnish Tech: Metso Lands Mammoth Mill Order

The dusty plains of northwest Tanzania are set to reverberate with the powerful hum of cutting-edge Finnish engineering, as mining giant Metso Corporation bags a colossal order exceeding €20 million to equip Sotta Mining’s burgeoning Nyanzaga gold project. The deal, announced yesterday, will see Metso deliver energy-efficient comminution equipment, including …

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Perseus commits $523m to develop Nyanzaga Gold Project in Tanzania

The development will be financed through interest-free loans from Perseus’ existing cash reserves. Credit: New Africa/Shutterstock. African-focused gold company Perseus Mining has made a final investment decision (FID) to develop the Nyanzaga Gold Project (NGP) in Tanzania with an investment of approximately $523m (A$817.08m). The updated feasibility study for the …

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Ugandan Graphite Project Sparks Investor Frenzy as African Finance Giant Eyes Major Stake

A promising graphite venture in Uganda has caught the eye of a major African financial institution, signaling a potential surge in investment for the burgeoning project. London-listed Blencowe Resources announced this week that the African Finance Corporation (AFC) has formally expressed interest in injecting significant funds, both through debt and …

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TAKRAF Group awarded new contract for conveying system for Collahuasi mine in Chile – Updated

TAKRAF Group (‘TAKRAF’) is pleased to announce the award to engineer and supply the conveying system (CV-8001, CV-8002 and CV-8003) for Minera Collahuasi’s Ujina growth project in Chile. The main objective of the Ujina growth project is to increase the capacity of the concentrator plant. The Collahuasi mine is located …

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The lube kitchen part 1: classification of lubricants

Condition monitoring specialist company, WearCheck, has launched a lube kitchen series, created by Steven Lumley, technical manager at the company. In it, she explores the world of lubricant additives, detailing their function, how they work and their application. Part 1 focuses on the classification of lubricants. A fully formulated lubricant …

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“Can a New Deal Between State and Private Sector Deliver the Continent a Winning Hand?”

The 2025 edition of the Africa CEO Forum will gather 2,000 CEOs, investors and public sector leaders from over 75 countries in Abidjan from May 12 – 13. In a challenging global economic backdrop marked by rising protectionism, reduced development aid and high debt-serving costs, the Forum will tackle the …

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Tanzania and South Korea Forge Alliance in Critical Minerals Race

Seoul, South Korea: In a strategic move to secure vital resources for future industries, Tanzania and South Korea are deepening their collaboration on critical minerals, setting their sights on diversifying global supply chains and reducing reliance on dominant players. Experts from both nations convened in Seoul for the Tanzania-South Korea …

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