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Authorities in Rwanda have signed a joint declaration to enhance investment in critical raw material value chains with the European Investment Bank (EIB). The agreement will strengthen technical and financial cooperation to identify critical raw material sector investment that creates skilled jobs, supports economic development, and ensures environmentally and socially …

Caterpillar Inc. has successfully demonstrated its first battery electric prototype for an underground mining truck. According to the company, the development is added to the company’s growing portfolio of battery electric and semi-autonomous technology for underground mining applications. The demonstration for Newmont and other industry leaders, at the company’s proving …

The launch at COP28 of the landmark Oil and Gas Decarbonization Charter (OGDC), a global industry Charter dedicated to speeding up climate action and achieving high-scale impact across the oil and gas sectors, firmly put the spotlight on the millions of tons of methane (CH4) pumped into the atmosphere during …

The African Development Bank has reiterated that the introduction of a carbon border tax by the European Union (EU) could push Africa back into exporting raw commodities and undermine its industrialisation gains. The European Union recently launched the initial phase of a Europe-wide carbon tax on imported goods as part of …

Considering the theme of the Investing in African Mining Indaba 2024– Embracing the power of positive disruption: A bold new future for African mining –the term ‘disruption’ has come to describe a raft of rapid technological and other advancements that have significantly changed the way we do business today. “Perhaps …

New European Union (EU) carbon border tax could significantly constrain Africa’s trade and industrialization progress, the Africa Development Bank (AfDB) has warned.   AfDB President, Dr Akinwumi Adesina said the carbon tax will penalise value-added exports including steel, cement, iron, aluminium and fertilizers.   “With Africa’s energy deficit and reliance mainly on …

Africa Energy Indaba has announced the theme for its the upcoming 2024 edition of the Indaba exhibition. The energy event will be held under the theme of – ‘Empower, Energise, Excel: Africa’s Premier Energy Exhibition.’ Slated for the 5th to the 7th of  March 2024 at the Cape Town International …

Barrick Gold Corporation’s North Mara Gold Mine has been crowned Employer of the Year at the prestigious 2023 Association of Tanzania Employers (ATE) Awards ceremony. The North Mara is operated by Barrick and is jointly owned with the Tanzanian government through Twiga Minerals Corporation. Twiga achieved a resounding triumph by …

A new action group intends to help Commonwealth countries, including African member states, rapidly cut emissions of the potent greenhouse gas methane as part of wider efforts to keep rising global temperatures within liveable limits. The country-led coalition was announced at a ministerial event on the margins of the United …

Reduced supply from major copper producers Panama and Peru may flip the global copper market into a deficit from surplus in 2024 or at least tighten oversupply if the disruptions are not resolved in coming months, analysts said on Tuesday. Panama’s top court on Tuesday ruled that Canadian miner First …