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KSB Pumps and Valves is intensifying its focus on aftermarket services that add value to customer operations far beyond the supply and maintenance of its own products. According to the company plans are to extend its services and engineering expertise to include maintenance of entire systems, reverse engineering of rotating …

Multi-asset energy company, Kibo Energy has been dropped off Tanzania’s energy plans. According to the company, Tanzania Electricity Supply Company (TANESCO) has informed the company without providing reasons or explanation why it did not qualify to compete in the next stage of the bidding process under a tender issued last …

Global technology outfit Maxam specialising in the design, development, manufacture and application of energetic materials showcased its latest blasting technologies on offer at the recent Mining Indaba, Cape Town, South Africa. With a diverse workforce of more than 800 employees and projects in over 20 countries, MAXAM is the global …

Two major African mining economies’ presidents addressed the Investing in African Mining Indaba in South Africa, this year.   South African President Cyril Ramaphosa and Nana Akufo-Addo of Ghana shared their thoughts with audience of government representatives, investors, mining companies, the media, NGOs and others.   “This Indaba offers us …

Despite escalating trade wars keeping commodity prices in check as well as increased regulatory challenges across the continent generally, the mining team at Standard Bank anticipates that 2019 will see miners continue to cautiously pursue emerging pockets of opportunity across the continent. Over the last 18 months, the focus in …

The Fortune 150 listed company, Cummins Inc. is celebrating its 100th year as a company throughout 2019. With employees over 60 000 worldwide and serves customers in nearly every country across the globe, Cummins products range from diesel and natural gas engines to hybrid and electric platforms, as well as …

Kibo Energy has concluded the sale of  Kibo Nickel to Katoro Gold, as per intentions to sale announced in June . Kibo Energy announced in June that it would sell Kibo Nickel to Katoro for 15.39-million shares valued at about £200 000 as part of its strategy to focus on …

China has become the largest gold producer and consumer in the world in the past two decades. On the backdrop, Roland Wang, Managing Director of China for the WGC said his company aims to work with government bodies, regulators and market practitioners to ‘develop China’s gold market on a long-term, …

After decades of failed attempts, Kenya finally Struck oil six years ago. Commercially viable reserves were discovered in Turkana – the northwest of the country- by British oil company, Tullow oil. The basin is estimated to contain about 560 million barrels of oil. While commercial production is a few years …

The Tanzanian Prevention and Combating of Corruption Bureau (PCCB) has charged the Acacia Mining with a number of different offences including breaches of the Tanzanian Anti-Money Laundering Act. However, Acacia Mining notes with concern that under Tanzanian law offences under the Anti-Money Laundering Act are not bailable, and accordingly the …