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R/$ = 16.65 Change: 0.02
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Pt 927.00 $/oz Change: -5.00


Company introduces new hydraulic hose, fittings range

22nd July 2022 In view of continuous improvement of its products, hydraulic and industrial products supplier Alfagomma has introduced a new range of high-pressure hydraulic spiral hose, the Alfabiotech Evolution, and its Dunlop Hiflex equivalent Powerflexbio Extra, as well as the new Interlock fitting H17... 

Eightfold surge in profits in 2020 sees Shumani clinch major business award

23rd June 2022 An eightfold surge in profits during 2020, the height of the Covid-19 lockdown in South Africa, has seen Shumani Industrial Equipment awarded the 2021 Goscor Business Unit of the Year Award. Outstanding new equipment forklift sales, combined with a large contribution from the expanded rental... 

Battery metals and green hydrogen make headlines   

17th June 2022 This week, Mining Weekly Editor Martin Creamer unpacks the new age battery metals potential in Namibia; the new green hydrogen partnership between Prieska Power Reserve and the IDC; and Volvo Construction Equipment’s first fuel-cell articulated hauler prototype.   

Caterpillar eyes energy transition as growth driver for mining business

By: Reuters     18th May 2022 Construction equipment maker Caterpillar believes demand for critical minerals as the clean energy transition gathers pace will translate to solid returns for its mining business, CEO Jim Umpleby said in an interview on Tuesday. The company is aiming at a global market worth about $5-trillion for... 

Market expected to be worth $22.2M by 2030

By: Tracy Hancock     6th May 2022 The South African hydraulic gear pumps market is expected to be worth $22.2-million by 2030, growing at a compound annual growth rate of 3.9% over the next eight years, says market research and consulting company Future Market Insights (FMI), which recently published a report on the global... 

Jacon Equipment appoints Voltas Limited as its sole distributor in India

28th April 2022 Jacon Equipment, a business unit of the Maas Group (ASX MGH), has announced a distribution agreement with Voltas Limited for the sales, service and support of Jacon’s product lines in India. According to Wes Maas, CEO of Maas Group, distributing through Voltas Limited’s Mining and Construction... 

Improved safety, precision for bolted connections

8th April 2022 Engineering solutions provider BMG’s Fasteners, Tools & Equipment division has extended its range of wrenches to include a new generation of cordless torque wrenches from Gedore Torque Solutions, with optional process-reliable documentation software and advanced features for higher torque,... 

Battery tech can curb emissions

18th March 2022 Commercial vehicle electrification technology company Proterra and equipment manufacturer Komatsu, in the last quarter of 2021 announced a new collaboration to electrify next-generation underground mining machines using Proterra’s battery technology. Under the collaboration, Proterra will supply... 

Equipment sales dip on rising ambiguity

By: Sabrina Jardim     11th March 2022 Local capital equipment sales have been negatively impacted on as companies are hesitant to make capital investments owing to ambiguity in the construction industry, says construction equipment supplier Shumani Industrial Equipment MD Victor Nemukula. “There are several government infrastructure... 

Group stays afloat amid challenges

By: Sabrina Jardim     11th March 2022 Equipment distributor Capital Equipment Group (CEG) has maintained its success in the South African construction industry despite challenging economic conditions, global supply issues and escalating costs, which worsened because of Covid-19 and strike action. “In today’s challenging conditions,... 

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