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AFRICAN MINING MARKET
Gold slips as US-Iran tensions lift oil, stoke inflation fearsGold prices dipped as escalating U.S. actions in Iran sent oil soaring, sparking inflation worries and prolonging high interest rates. Desp...
Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
Texmaco Rail & Engineering shares zoom 13% on strong Q4 show, order win worth Rs 4,045 croreTexmaco Rail & Engineering shares rose sharply after reporting a 45% rise in Q4 net profit. Despite lower revenue, margins improved, while ...
From India to China, a look at what governments worldwide are doing to shield households from rising energy costsGovernments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measu...
Spacetech startups spot promise in defence apps; it's road of tough choicesIn response to escalating geopolitical strains, Indian spacetech startups are making a bold pivot from commercial focuses to military appli...
Steel to stay costly through 2026, India to lead demand rebound in 2027: ReportGlobal steel demand will stay weak, growing just 0.3% in 2026, with China dragging growth while India emerges as a strong outlier. Despite ...
Indian mining industry players see opportunities in South AfricaNitin Agrawal of Oza Holdings highlights South Africa's easing mining regulations and infrastructure privatization as significant opportuni...
Africa’s rare earths could make up 9% of global supply by 2029Eight mines in countries such as Tanzania, Angola, Malawi and South Africa are expected to start production by 2029 and contribute 9% of gl...
Africa pushes back against China's predatory practices in rare earth mineral sectorResource rich bigger African states are pushing back against Beijing. In August Nigeria, Africa's biggest economy, suspended some of illega...
India: Jindal plans to start building Botswana coal mine in 2022Despite the global shift from coal, Botswana is pushing ahead with developing its estimated 212 billion tonnes of coal resources. In April,...
South Africa offering incentives to firms to attend ITI in India"The invitation is open to manufacturers and exporters in the agro-processing, chemicals, mining and minerals and capital equipment aiming ...
Weak capacity at rail carrier Transnet deters Indian investors in South African coal industryExporting huge amounts of coal to India was allegedly being hampered by Transnet's insistence that coal mining companies finance the expans...
GMR’s Homeland Energy Group stops South African mining operationsHomeland Energy, in which GMR holds 55.84%, has terminated its African mining contractor and begun a tendering process that attracted many ...
- Tega Industries buys Australian company Losugen
Tega is also in final stages of discussions to acquire two more firms, one in North America and another in Europe, a company source said
- Kirloskar Bros buys Braybar Pumps of S Africa
Water management solutions company Kirloskar Brothers (KB) said it has acquired the South Africa-based Braybar Pumps, which manufactures hi...
- JSW Energy buys 49.8% in Royal Bafokeng
Sajjan Jindal-led JSW Energy on Friday announced acquisition of part of a company that owns shares in South African Coal Mining Holding for...
- Tatas, MMTC plan SPV to buy gold mines overseas
India’s largest private sector steel maker Tata Steel is forming a special purpose vehicle (SPV) with state-owned MMTC for acquiring gold a...