Construction & Mining

Nigeria approves US$310mn for roads construction and water projects

Africa road this dayNigeria’s Federal Executive Council (FEC) has approved more than US$300mn for road construction in different parts of the country and US$13mn for water projects in Zungeru in Niger State

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New partnership to bring modular nuclear power to remote locations

mining excavator 1736293 640Capital advisory firm RWT Growth Inc. and StarCore Nuclear Canada have announced a partnership to bring cleaner nuclear energy to remote locations and industries which rely on traditional sources of power such as diesel generators

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Marcobre SAC’s Mina Justa Project is home to first Hitachi electric mining machinery in US

hitachi 9 JuneZAMine, the local dealer and distributor for Hitachi mining equipment in Peru, delivered the three EX5600E-6LD (Face Shovel) machines in mid-2019 and the machines are serving as the main material-loading equipment on the Mina Justa Project, lowering Marcobre’s carbon footprint

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How does using overburden in a coal quarry affect profit?

BF135.8 Hitachi 850 Russia Recycling Coal 4 1580903231In quarries when haul roads are in top condition, mining trucks run faster and safer

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Nigeria commences Sukuk Bond to develop road infrastructure

Sukuku roadThe Nigerian government, through the Debt Management Office, has commenced the third tranche sale of US$390mn seven-year Islamic Sukuk bond offe, an Islamic financial bond

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