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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Lucara Diamond Faces “Significant Doubt” Amidst Underground Mine Transition

Diamond mining heavyweight Lucara Diamond, listed on both the Toronto and Botswana stock exchanges, has sent a chill through the market, openly questioning its ability to survive as a going concern. The stark admission comes on the heels of dwindling diamond sales and an increasing reliance on limited financial lifelines, …

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Africa’s LNG growth hinges on investment, strategic partnerships

Accelerating Africa’s liquefied natural gas (LNG) ambitions will depend on mobilizing risk-tolerant investment, building strong technical and commercial partnerships, and committing to local capacity-building, according to panellists at the Invest in African Energy (IAE) Forum in Paris. Speaking during a discussion on monetizing African gas sponsored by Perenco, UTM Offshore …

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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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Iron Ladies Dig Deep: How Women are Striking Gold in Africa’s Mining Future

Forget the dusty stereotypes of hard hats and grizzled men – a new force is reshaping the very bedrock of Africa’s mining industry. From Botswana’s glittering diamond deals to Uganda’s copper revival and Malawi’s burgeoning rare earth ambitions, women are not just participating; they are leading the charge, forging a …

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Botswana’s Diamond Dreams Dims as US Tariffs and Weak Demand Deliver a One-Two Punch

The glittering facade of Botswana’s diamond industry is showing significant cracks as a potent cocktail of weakened global demand and hefty new tariffs from the United States casts a long shadow over the nation’s primary economic driver. Recent figures paint a stark picture, revealing a dramatic slump in production and …

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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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Africa Mining Week, to Highlight Mining Driving Growth Across Africa.

The mining sector of the continent is showing no signs of slowing down as Africa draws increasing worldwide attention in its vast mineral resources. The next African Mining Week, scheduled for October 1-3, 2025 in Cape Town, intends to highlight the sector’s ever more central part in economic growth as …

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Lucara Takes Direct Control of Karowe Underground Project

Lucara Diamond Corp. has announced a strategic shift in the management of its Karowe underground project (UGP) in Botswana. Effective 31 March 2025, Lucara will terminate its Engineering, Procurement and Construction Management contract with JDS Energy & Mining Inc. and transition to owner-managed operations for all site-based contracts and activities. …

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