Author: Business Enquirer
South Africa-based Harmony Gold Mining Company has announced a landmark deal to acquire MAC Copper, owner of Australia’s high-grade CSA Copper Mine, in a transaction valued at $1.03 billion (A$1.6 billion). The acquisition marks a major strategic expansion into copper and significantly strengthens Harmony’s global production portfolio. The deal, subject to customary regulatory approvals and closing conditions, is expected to be finalised in the December quarter of 2025. Once completed, MAC will become a wholly owned subsidiary of Harmony, further solidifying the company’s position as a diversified, cash-generative global producer of gold and copper. At the heart of the transaction…
The global digital twin market in manufacturing is on a meteoric rise, with new projections forecasting its value to soar from $17.71 billion in 2024 to a staggering $207.87 billion by 2029. This explosive growth, driven by surging demand for smart factory technologies, real-time data integration, and advanced simulation tools, is expected to occur at a blistering compound annual growth rate (CAGR) of 63.6%, according to The Business Research Company’s Digital Twin in Manufacturing Global Market Report 2025. What was once a high-tech novelty is quickly becoming a manufacturing mainstay. Digital twins, virtual replicas of physical systems, are transforming production…
The world’s renewable energy capacity is poised for extraordinary growth over the next decade, with projections showing it will more than triple, from 3.42 terawatts (TW) at the end of 2024 to a staggering 11.2TW by 2035. That’s the key finding from GlobalData’s latest Renewable Energy Outlook, which highlights a global surge in clean energy investment, policy support, and technological innovation. While the projected compound annual growth rate (CAGR) of 11% between 2024 and 2035 marks a slight deceleration from the 16% seen between 2015 and 2024, the scale of expansion remains remarkable. The report underlines a decisive global pivot…
A major milestone has been reached at the Woodfibre LNG project in British Columbia, as the first large-scale modules arrived over the weekend, signalling the start of vertical construction at the site. The delivery marks a pivotal step in the development of what is set to become Canada’s first net-zero liquefied natural gas export terminal. Seven massive pipe rack modules, specially engineered to support LNG piping infrastructure, were transported to the site via heavy-lift cargo vessel and are now being prepared for offloading at the newly built Marine Offloading Facility near Squamish. These prefabricated steel structures will eventually form the…
As Europe navigates rising global competition and ambitious climate goals, the Polish aviation industry is calling on the European Union to take urgent and strategic action to protect the future competitiveness of its airports and airlines. At a high-level summit held on May 21 in Brussels, New Gates, New Heights: Driving EU Competitiveness Through Aviation, aviation leaders and policymakers warned that without decisive support, Europe’s air transport sector risks falling behind. The event, hosted under the Polish Presidency of the EU Council and co-organised by Centralny Port Komunikacyjny (CPK), LOT Polish Airlines, and Business & Science Poland, underscored aviation’s critical…
In the sun-drenched hills of southern Spain, a quiet revolution is underway. Among groves of ancient olive trees in Jaén, a region steeped in agricultural tradition and known as the heartland of Spanish olive oil, PepsiCo is sowing the seeds of a more sustainable future. Through its new initiative, VivaOliva, PepsiCo is reimagining how it sources one of the Mediterranean’s most iconic ingredients: olive oil, rich in heart-healthy fats and prized for its flavour and nutritional benefits. But this is more than a story of product sourcing, it’s about empowering farmers, protecting fragile ecosystems, and preserving livelihoods in the face…
As the world grapples with surging energy demands and a growing urgency for sustainable solutions,SolarEdge Technologies Inc. is doubling down on its commitment to smarter, safer, and more efficient power. The global smart energy leader has released its 2024 Sustainability Report, offering a transparent look at the company’s environmental, social, and governance (ESG) performance, and signalling just how far SolarEdge has come in reshaping the global energy landscape. By the close of 2024, more than 3.7 million homes worldwide were equipped with SolarEdge photovoltaic (PV) systems, an impressive milestone for a company that has positioned itself at the intersection of…
As the global energy sector continues to evolve, a key segment quietly driving transformation is the Oil and Gas Process Automation and Instrumentation market. According to a recent report by Market Research Intellect, this market, categorised under Internet, Communication, and Technology, is poised for notable growth from 2025 through 2032. Accelerating technology adoption, shifting consumer expectations, and changing operational demands are all converging to shape its future. In an era where operational efficiency, safety, and cost control are more critical than ever, automation is playing an increasingly vital role. As oil and gas exploration becomes more complex, automated systems are…
Global professional services powerhouse Turner & Townsend has appointed David Isherwood as the new Regional Lead for Mining in North America, signalling a strategic push to deepen its footprint and capabilities across the region’s mining industry. Based in Toronto, Isherwood brings over 23 years of multidisciplinary experience spanning mining, energy, and infrastructure. His career includes managing large-scale capital investment programs, mine site development and remediation, complex brownfield projects, and sustainable mine closures. Isherwood’s expertise in navigating the full lifecycle of mining projects, from early-stage planning through to operational delivery and closure, positions him as a critical asset for Turner &…
Vikram Solar Limited, one of India’s leading solar photovoltaic (PV) module manufacturers, has joined the ranks of the world’s most sustainability-driven companies after earning a Platinum Medal from EcoVadis, the highest distinction awarded by the globally respected sustainability ratings platform. Scoring an impressive 84 out of 100, Vikram Solar now ranks in the top 1% of over 130,000 companies evaluated globally, marking a major milestone in its journey toward responsible and ethical manufacturing. The recognition, dated May 13, 2025, also places the company at the top of its sector across all Vikram Solar group entities. “This recognition validates our belief…