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The ‘Waiting Game’ Continues – March ‘24 Rate Hold Announcement Requires Property Industry to Practice Patience
The ‘Waiting Game’ Continues – March ‘24 Rate Hold Announcement Requires Property Industry to Practice Patience
28th March 2024

Today’s Monetary Policy Committee (MPC) announcement leaves the repo and prime lending rates unchanged for a fifth consecutive meeting at 8.25% and 11.75% respectively.  Contextualising the South... 


SARB Governor Lesetja Kganyago
SARB keeps main interest rate unchanged, citing inflation risks
27th March 2024 By: Reuters

South Africa's central bank kept its key interest rate unchanged at 8.25% on Wednesday, saying that on balance risks to the inflation outlook were skewed to the upside. It was the fifth meeting in... 


Master Drilling CEO Danie Pretorius.
Mechanical cutting is going to be key for mining going forward – Master Drilling
26th March 2024 By: Martin Creamer

Mechanical cutting, in which huge progress is being made, is going to be key for the mining industry going forward, Master Drilling CEO Danie Pretorius emphasised on Tuesday, when his Johannesburg... 


RS PRO launches Industrial Control and Communication range of 1 250 new products across more than 18 technologies
RS PRO launches Industrial Control and Communication range of 1 250 new products across more than 18 technologies
26th March 2024

A trading brand of RS Group plc (LSE: RS1), a global digitally-led provider of product and service solutions for industrial customers, has announced RS PRO’s new Industrial Control and... 


Bearings International boosts industrial solutions with premium I-MAK brand
Bearings International boosts industrial solutions with premium I-MAK brand
26th March 2024

The strategic alliance between Bearings International (BI) and I-MAK initiated in February 2019 signalled a new chapter in BI's mission to augment its selection of premium brand offerings in a bid... 


Gold holds near record high ahead of US inflation data release
26th March 2024 By: Bloomberg

Gold held Monday’s gain as investors remained cautious ahead of key US inflation data, which may provide traders with a firmer view on when the Federal Reserve will start cutting interest rates.... 


Revolutionizing Industries: Rio-Carb Promotes Sustainability with our R-C 700 Chromium Carbide Solutions
26th March 2024

Rio-Carb Pty Ltd, a leading innovator in industrial solutions, is making significant strides in promoting environmental sustainability using R-C 700 Chromium Carbide technology. The company's... 


US announces $6bn to clean up heavy manufacturing
US announces $6bn to clean up heavy manufacturing
26th March 2024 By: Bloomberg

The first new US aluminum smelter in 45 years may be built as part of about $6-billion in grants the Biden administration is awarding to companies in a bid to clean-up hard to decarbonise... 


Mkango raises £750 000 to advance rare earth magnet recycling, launches strategic review
25th March 2024 By: Tasneem Bulbulia

Aim-listed Mkango Resources has conditionally raised gross proceeds of £750 000 via a direct company subscription from existing shareholders, including a £150 000 investment by CEO William Dawes.... 


AIIM consortium acquires Octotel, minority stake in RSAWEB
25th March 2024 By: Natasha Odendaal

A consortium, led by infrastructure-focused private equity fund manager African Infrastructure Investment Managers (AIIM), has signed an agreement to acquire fibre network operator Octotel. The... 


Schneider Electric Collaborates with NVIDIA on Designs for AI Data Centres
Schneider Electric Collaborates with NVIDIA on Designs for AI Data Centres
25th March 2024

New reference designs will offer a robust framework for implementing NVIDIA’s accelerated computing platform within data centres Designs will optimise performance, scalability, and energy... 


TrinaTracker launches smart solar tracking in South Africa
22nd March 2024 By: Schalk Burger

Solar tracking development company TrinaTracker showcased and launched its Vanguard 1P solution in South Africa at the 2024 Solar and Storage Live Africa event. The Vanguard 1P is based on the... 


water bubbles
SQM supports water treatment startup with initial $1.27m investment
22nd March 2024 By: Darren Parker

UK-based engineering tech startup Salinity Solutions has secured a $1.27-million initial investment from battery-grade lithium chemicals producer Sociedad Quimica y Minera de Chile’s (SQM’s)... 


US President Joe Biden
Biden set to award billions to decarbonise US heavy industries
22nd March 2024 By: Bloomberg

The Biden administration is poised to award as much as $6.3-billion in dozens of grants to help hard-to-decarbonise industries cut emissions, according to people familiar with the matter. Details... 


water bubbles
SQM supports water treatment startup with initial $1.27m investment
22nd March 2024 By: Darren Parker

UK-based engineering tech startup Salinity Solutions has secured a $1.27-million initial investment from battery-grade lithium chemicals producer Sociedad Quimica y Minera de Chile’s (SQM’s)... 


The above image depicts a schurco slurry pump in use
Manufacturer reinforces commitment to quality
22nd March 2024 By: Lynne Davies

Established in 1975, and in the lead-up to its fiftieth anniversary in 2025, full-service slurry pump manufacturer Schurco Slurry reflects on its commitment to providing engineering excellence,... 


AESPUMP image
AESPUMP and ANDRITZ AG collaboration is shaping the future
22nd March 2024

In the dynamic landscape of Southern Africa’s pump industry, a transformative collaboration between pump supplier AESPUMP and international technology group ANDRITZ AG is set to redefine standards,... 


The Los Pelambres mine
Antofagasta launches desalination plant for Los Pelambres copper mine in Chile
21st March 2024 By: Reuters

Chilean miner Antofagasta Minerals on Thursday inaugurated a more than $2 billion desalination plant for its flagship copper mine in Chile, Los Pelambres, aimed at relieving the effects of severe... 


Bearings International fosters a segment strategy to keep customers ‘in motion’
Bearings International fosters a segment strategy to keep customers ‘in motion’
20th March 2024

Bearings International’s (BI) segment approach to the market places an intentional focus on key industries in South and Sub-Saharan Africa in a bid to optimise operations, enhance uptime and drive... 


Leading supply chain conference will explore AI,S demand forecasting capabilities, smart cities and big data
Leading supply chain conference will explore AI,S demand forecasting capabilities, smart cities and big data
20th March 2024

The last ten years have seen phenomenal growth in tools like artificial intelligence (AI) and machine learning, which are being used successfully in a range of applications in the supply chain,... 


A map of Africa indicating which countries' interest rates will remain higher for longer
Africa’s biggest economies set to hold interest rates as inflation risks linger
19th March 2024 By: Bloomberg

Central banks in Africa’s biggest economies are set to diverge from their emerging-market peers in Latin America and Europe over the next two weeks, as they maintain tight monetary policies to... 


Trade, Industry and Competition Minister Ebrahim Patel
64 companies to pledge to procure from black industrialists, says Patel
18th March 2024 By: Darren Parker

During the second Black Industrialists and Exporters Conference to be held later this week, up to 64 large companies are expected to make pledges to procure goods and services from black... 


Growth, profit, sustainability: How Sovereign Foods ticked all the boxes with one contract
Growth, profit, sustainability: How Sovereign Foods ticked all the boxes with one contract
16th March 2024

Welcome to Kariega, a picturesque town nestled in the Eastern Cape, where South Africa’s third largest fully integrated poultry producer, Sovereign Foods, recently found itself at a crossroads. 


Eickhoff image
Eickhoff – A 160-year-long legacy of coal mining
15th March 2024

Since 1864, underground mining equipment manufacturer Eickhoff has been improving the lives of coal miners with the production of coal mining machines, having made the first coal cutting system in... 


An info graphic Car with Green parts manufactured from petrochemicals
Biobased plastics launched to transform auto sector
15th March 2024

A consortium led by sustainable technology innovator Sonichem has been granted nearly R14.6-million in funding from UK government agency Innovate UK’s 'Resource efficiency for materials and... 


Sintec image
Sintech
15th March 2024

Since 1984 Sintech has supplied the South African market with clutches, brakes and engineering solutions for a range of applications in mining and mining-related industries. Sintech supplies... 


Wet feed has contributed to crusher failures at Westgold's Fortnum and Tuckabianna. Repairs at both plants have been completed.
Heavy rainfall halts gold mines in parts of WA
14th March 2024 By: Mariaan Webb

Recent heavy rainfall in parts of Western Australia has presented challenges for gold mines in the region, with some suspending operations owing to adverse weather conditions, impacting on their... 


Sungrow post image
Navigating the solar transition: Choosing safety, sustainability and performance
14th March 2024

As climate impacts intensify and energy prices continue their volatility, transitioning homes and businesses to solar power has clear financial and environmental benefits. Solar energy can reduce... 


China's top copper smelters agree on rare joint production cuts, sources say
13th March 2024 By: Reuters

Chinese top copper smelters on Wednesday came to a rare agreement to jointly embark on production cuts at some loss-making plants as they seek to cope with a shortage of raw material, according to... 


Methane emissions in the oil and gas industry
Energy industry’s methane emissions near record despite pledges
13th March 2024 By: Bloomberg

Global methane emissions from fossil fuels held near a record high last year, the International Energy Agency (IEA) said in its annual 'Methane Tracker' report, renewing concerns that governments... 


Gold bars
Gold pushes toward record as test of $2 200 looms on Fed outlook
11th March 2024 By: Bloomberg

Gold rose toward a record on expectations the US Federal Reserve will move to cut interest rates this year as inflation cools. Bullion for immediate delivery edged higher on Monday after rallying... 


Collaboration between Ericsson, Mugler, and SMS group
11th March 2024

SMS group is one of the first operators of a private 5G network for researching real-time applications for the metallurgical industry The 5G standard enables data to be transmitted up to ten times... 


Lotte Aluminium Materials USA and SMS group agree on a strategic partnership for a logistics and digitalization package for the new greenfield aluminum cathode foil plant in Kentucky
11th March 2024

SMS group's digital package to be seamlessly integrated onto third-party systems Fully automatized order execution, tracking, handling and quality evaluation on pass level Fully configurable... 


Image of the Sandvik DD422iE drill
Underground drilling revolution underway
8th March 2024

Underground drilling technology is said to be undergoing a significant transformation, with the  adoption of intelligent drilling and a growing interest in battery electric models for the future.... 


Image of a man riding a tractor
Reaping the benefits of battery-powered landscaping equipment
8th March 2024

South Africa-based equipment distributer Smith Power Equipment says the availability of battery-powered landscaping equipment extends a range of benefits to the local market. Advantages over the... 


Cape Town’s New Water Programme gets under way
7th March 2024 By: Natasha Odendaal

The City of Cape Town has implemented its New Water Programme (NWP) in an effort to diversify and expand Cape Town's water supply sources and meet the growing water demands of an increasing... 


China’s commodities imports surge but demand may yet disappoint
China’s commodities imports surge but demand may yet disappoint
7th March 2024 By: Bloomberg

China’s raw materials purchases surged in the first two months of the year, as importers took advantage of weaker prices for some commodities and prepared for more stimulus from Beijing to lift... 



Jervois mothballed a project in Idaho, which would have been the first new US cobalt mine in decades, about a year ago.
Struggling Australian cobalt miner blames Chinese overproduction for job cuts
7th March 2024 By: Bloomberg

Australian miner Jervois Global is cutting costs and jobs in response to a plunge in cobalt prices that it’s blaming on Chinese oversupply. The cobalt and nickel producer has axed or made... 


Business Confidence Index indicates conditions deteriorated further in the first quarter
6th March 2024 By: Schalk Burger

The Rand Merchant Bank/Bureau for Economic Research (RMB/BER) Business Confidence Index (BCI) ticked down by one point to reach 30 in the first quarter, indicating that business conditions... 


JG Afrika is pleased to announce the promotion of valued team members
JG Afrika is pleased to announce promotions of team members
5th March 2024

JG Afrika (Pty) Ltd, a leading multi-disciplinary engineering and environmental consultancy, is pleased to announce the promotion of Emma Day and Jefrey Pilusa to Technical Director; Adrian... 


Lake Resources deepens cost-cutting actions
Lake Resources deepens cost-cutting actions
4th March 2024 By: Mariaan Webb

Lithium developer Lake Resources on Monday announced further cost reductions to extend its financial runway and better position the company to complete a strategic partner selection process for its... 


Africa Energy Indaba 2024 kicks off next week
1st March 2024

The stage is set for the much-anticipated Africa Energy Indaba 2024, Africa's premier energy conference and exhibition, taking place next week. This flagship event promises to convene industry... 


Image of bearings in manufacturing facility
Circular economy solutions showcased
1st March 2024

A range of mining and industrial product, technology and service solutions were recently featured by SKF at the Mining Indaba 2024, highlighting the company’s drive towards a circular economy and... 


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