Sub-Saharan Africa will have the fastest growing construction industry among all major regions in the world over the next five years growing on average by a compound annual growth rate (CAGR) of 6.6 per cent a year, from 2018 to 2022, according to GlobalData
Construction
Orca Gold announces a maiden resource at the Koné Prospect
The acquisition from Kinross comprises a land package of approximately 2,268 sq km positioned on highly prospective structural trends related to known gold mineralisation and forms a strategic portfolio for Orcas expansion in West Africa. (Image source: Pete Linforth/Pixabay)
Orca Gold Inc has announced an inferred maiden mineral resource estimate at the Koné Prospect, on the Morondo Licence, and closed its previously disclosed acquisition from Kinross of a highly prospective land package of 2,268 sq km in Côte dIvoire
A mixed performance for South Africa’s mining industry in 2018: PwC report
South Africa aims to boost its mining sector activities for economic development. (Image source: unefunge/Flickr)
The 2018 financial year proved to be a challenging year for South African mining companies, according to PwC’s 10th edition of SA Mine
Cat launches Next Generation 36-ton size class excavators
The 336 excavator offers increase operating efficiency, lower fuel and maintenance costs. (Image credit: Caterpillar)
Caterpillar has launched its Next Generation 36-ton size class excavators – the 336 and 336 GC – increasing operating efficiency, lowering fuel and maintenance costs and improving operator comfort
Barrick Gold and Randgold Resources agree to US$18.3bn merger
Canada’s Barrick Gold Corporation has announced that it has reached an agreement on creating a share-for-share merger between Barrick and Randgold Resources Limited, in a major deal worth US$18.3bn