Trade & Industry

THE MINING WRAP

Mining startup MinersAI is refining its geoscience platform by organising scattered exploration data into structured models that support more accurate drill targeting. The system brings together geological, geophysical, and assay data into one working environment, making it easier for teams to interpret results. This reduces time spent cleaning and reconciling datasets. It also limits unnecessary

THE MINING WRAP

THE MINING WRAP

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Mining startup MinersAI is refining its geoscience platform by organising scattered exploration data into structured models that support more accurate drill targeting. The system brings together geological, geophysical, and assay data into one working environment, making it easier for teams to interpret results. This reduces time spent cleaning and reconciling datasets. It also limits unnecessary drilling by improving targeting confidence. The approach helps exploration teams move faster from data collection to field decisions.

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coaXion Develops Centralised Fleet Intelligence Platform

Emerging mining tech startup coaXion is building a centralised system to track equipment use, maintenance schedules, and overall machine performance. The platform brings fleet data into a single view, giving operators clearer insight into how assets are performing. This allows teams to address maintenance issues earlier and avoid unexpected breakdowns. It also supports better planning of equipment use across shifts. The result is more stable operations and tighter control over running costs.

NextAV Expands Satellite-Based Mine Monitoring Systems

Mining-focused startup NextAV is developing satellite-based monitoring tools to track changes across mine sites. The system uses remote sensing data to monitor ground movement, infrastructure conditions, and environmental changes. This is especially useful in remote areas where on-site inspections are limited. Continuous monitoring allows operators to respond to issues before they affect production. It also supports environmental reporting requirements.

Acquisitions and Corporate Deals

Equinox Gold Announces $18.5 Billion Orla Mining Acquisition

Equinox Gold has announced an all-stock deal to acquire Orla Mining, creating a larger gold producer with operations across the Americas. The combined group will have a broader asset base and increased production capacity. This strengthens its position among mid-tier gold producers. The deal also adds development projects to its pipeline. It reflects ongoing consolidation in the gold sector.

Pan African Resources Moves to Acquire Emmerson Resources

Pan African Resources has entered a binding agreement to acquire Emmerson Resources, adding to its gold asset base. The move supports its aim to extend mine life and increase production potential. It also provides access to additional exploration ground. This helps balance short-term output with longer-term growth. The deal shows continued interest in expanding gold portfolios.

Appian Capital Expands Into Namibia With $400 Million Copper Deal

Appian Capital Advisory has acquired a $400 million copper project in Namibia, strengthening its presence in African base metals. The investment aligns with rising demand for copper in energy and infrastructure projects. It adds to the firm’s portfolio of development-stage assets. The project is expected to support future supply. It also reflects continued investor interest in African mining.

Technology, Equipment and Processing

Metso Introduces Lokotrack LT400J Diesel-Electric Crusher to Africa

Metso, working with Pilot Crushtec, has introduced the Lokotrack LT400J jaw crusher to the African market. The diesel-electric system reduces fuel use while maintaining strong crushing performance. It allows operators to switch between power sources depending on site conditions. This helps manage energy costs more effectively. The machine is suited to large operations where efficiency gains have a direct impact on output.

Weir Minerals Deploys ENDURON Modular Crushing Plant

Weir Minerals is rolling out its ENDURON modular crushing plant, designed to reduce space requirements without sacrificing output. The modular setup allows faster installation and easier expansion. It also simplifies maintenance access. This helps reduce downtime during servicing. The system supports operations looking to upgrade processing capacity without major redesign.

Extrakt and Fulcrum Roll Out Zero-Cyanide Tailings Reprocessing System

Extrakt Processing Solutions, together with Fulcrum Metals, is deploying a system that reprocesses tailings without using cyanide. The process recovers gold, silver, copper, and tellurium from existing waste material. This turns old tailings into a usable resource. It also reduces environmental risks linked to chemical processing. The approach supports both cost recovery and cleaner operations.

AI, Electrification and Advanced Mining Projects

KoBold Metals Breaks Ground on $2.3 Billion Mingomba Copper Project

KoBold Metals has started development of the Mingomba copper project in Zambia, using data-driven methods to identify high-grade deposits. The approach improves targeting accuracy and reduces exploration uncertainty. It also shortens the time needed to confirm viable resources. The project is expected to contribute significantly to Zambia’s copper output. It reflects growing use of advanced data tools in exploration.

First Quantum Advances Battery-Electric Haul Truck Trials

First Quantum Minerals is progressing trials of battery-electric haul trucks at its operations. The focus is on testing performance under real mining conditions. Electric trucks reduce diesel use and lower emissions. They also cut noise and heat on site. The trials are focused on cutting diesel use while testing performance under full production loads.

ESG, Supply Chains and Strategic Resources

EGC, Trafigura and EVelution Establish Cobalt Supply Chain Agreement

Entreprise Générale du Cobalt has signed an agreement with Trafigura and EVelution Energy to build a traceable cobalt supply chain from the DRC to a refinery in the United States. The aim is to improve oversight of cobalt sourcing, especially from artisanal mining. It also strengthens supply links for battery production. The agreement connects upstream mining with downstream processing. This supports more controlled and transparent supply chains.

CRRU Targets Copper-Cobalt Project in DRC’s Kasai Region

CRRU is targeting a large copper-cobalt project in the Kasai region of the Democratic Republic of Congo, expanding its footprint in critical minerals. The project is linked to growing demand for copper and cobalt used in battery production and energy storage. It is expected to support infrastructure development and create local employment opportunities. The development adds to Chinese-backed investment activity in Central Africa’s mining sector. It also underlines the DRC’s role as a key supplier of battery minerals.

Resolute Mining Plans Second Gold Mine in Côte d’Ivoire

Australian Mining major Resolute Mining is planning a second gold project in Côte d’Ivoire following its Doropo development. The expansion supports its long-term production plans. It also reflects growing confidence in the country’s mining sector. The project is expected to add to regional gold output. West Africa continues to attract investment in gold production.

African Mining Week to Spotlight Power Pressure on Mining Output

African Mining Week 2026, taking place from October 14–16 in Cape Town, will put the spotlight on how power shortages are shaping mining operations across Africa. With unreliable electricity affecting output, more mining companies are turning to their own power solutions, from solar projects to fuel supply deals. The conference will bring together investors, energy firms, and operators to address how mines are securing power to keep production stable.

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Trade & IndustryAfrican startups
Roy Mulenga

Reporting for Business Tech Africa on the funding, tools and strategy shaping the continent's founders and SMEs.

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