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The Pula Group

14.08.2023

Pula on the move in Mozambique and Malawi


Pula on the move in Mozambique and Malawi (Credits: Pula Group)

Pula on the move in Mozambique and Malawi (Credits: Pula Group)

In an effort to expand its presence in the critical minerals space for EV batteries and other green energy uses, Pula is positioning itself to expand its holdings beyond its graphite assets in Tanzania. Starting with conversations that began in March, which culminated in a visit to Mozambique in May, the Pula Group has completed the initial steps in setting up the Pula Group Mozambique.

Pula President Dr. Stith, in commenting on Pula’s move into Mozambique said, “our interest in Mozambique was piqued for a number of reasons. There are areas that are highly prospective for lithium, nickel, and rare earths, all of which would go a long way to rounding out our portfolio of resources. Also, given the proximity of some of these resources to what will be our shipping operation out of Mtwara, doing exploration and mining in Mozambique is a natural.”

In May of this year, Ambassador Stith met with Malawi Mining Minister Monica Chang’anamuno at the Malawi Investment Forum (MIF) which was held in Johannesburg, South Africa, from May 24th to 25th at the Emperor’s Palace Conference Center. The forum was organised by the Malawi Consulate in South Africa in conjunction with the Malawi Investment and Trade Centre (MITC).

The result of the May meeting was a visit by Pula’s Chairman and President in June. “I know Malawi well,” said the Pula Chairman, “two of its former presidents, Bakili Muluzi and Bingu wa Mutharika, I counted as friends and through my philanthropic initiatives, I’ve had an excellent working relationship with former president Joyce Banda. I look forward to working with President Lazarus Chakwera and Minister Monica Chang’anamuno to further unlock Malawi’s enormous potential.”

Source: Pula Group

 

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11.08.2023

Haver & Boecker Niagara opens Service Center in Brazil (Credits: Haver & Boecker)Haver & Boecker Niagara opens Service Center in Brazil

Haver & Boecker Niagara recently opened a new service and support facility in Parauapebas, Brazil. The company welcomed clients, partners, friends, local community and city authorities to the grand opening celebration. The 43,055-square-foot (4,000 square-meter) facility provides service and support for mining operations throughout the region through cutting-edge diagnostics, equipment refurbishment, parts stocking and more.  

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10.08.2023

K+S: Figures for G2 and H1 2023 - Positive impetus for the second half of the year prevails (credits: K+S)K+S: Figures for G2 and H1 2023 - Positive impetus for the second half of the year prevails

K+S generated revenues of just under €826 million in the second quarter of the current year, following a record figure of €1.5 billion in the prior-year quarter. EBITDA operating earnings reached €24 million (Q2/2022: €706 million).  

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09.08.2023

SMT Scharf AG publishes preliminary H1 2023 results (credits: SMT Scharf)SMT Scharf AG publishes preliminary H1 2023 results

  • Consolidated revenue of EUR 31.7 million on a preliminary basis
  • Operating result (EBIT) of EUR -1.8 million
  • New FY 2023 guidance: Consolidated revenue of EUR 73 million and EBIT of EUR  3.3 million   

SMT Scharf AG (WKN A3DRAE; ISIN DE000A3DRAE2), a leading global provider of customised transport solutions and logistics systems for underground mining, generated consolidated revenue of EUR 31.7 million during the first six months of the 2023 fiscal year on the basis of preliminary figures (H1 / 2022: EUR 37.5 million).  

read more - SMT-Scharf-AG-publishes-preliminary-H1-2023-results

09.08.2023

Beach  Energy Limited - Board Changes (Credits: Beach Energy)Beach Energy Limited - Board Changes

Beach  Energy Limited (ASX:  BPT,  Beach) advises  that  it  has  today  appointed  Mr  Brett  Woods  as  Managing Director and Chief Executive Officer (MD & CEO) to commence 21 February 2024 or such other date as mutually agreed.  

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