GHANA CHAMBER OF MINES advocating for responsible and ethical practice
KAMOA COPPER a deep dive into Africa’s leading copper mine
SANY INDIA
building India’s infrastructure
GLOBAL AIR CYLINDER WHEELS revolutionary new mining technology
LEADERSHIP IN MOTION
CONTRIBUTORS
MALVERN KANDEMWA Director of Strategic Partnerships
HOWARD BARCLAY Chief Project Director
EMILY SMITH Senior Project Director
EDWARD KAYS Project Director
JAMES HENNESSEY Project Director
SAMUEL JOHNSON Social Media Manager
MIKE ASHLEY Head of Finance & Accounts
ANN QUINN Head of Production
MICHELLE DUNCAN Editor in Chief
TOM JENKINS Graphic Design
EDITOR’S
FOREWORD
Welcome to the May issue of Business Times Magazine! As always, our mission is to bring you the most compelling insights, thought-provoking discussions, and updates that shape the industries and communities around us. In this issue, we delve deep into transformative leadership, innovative solutions, and sustainable practices across sectors—from logistics to energy, technology to infrastructure.
This edition celebrates those who are breaking barriers and redefining standards, whether it’s through groundbreaking advancements in logistics automation or the bold steps being taken to address global energy challenges. You’ll find stories of resilience, ingenuity, and the human spirit as companies and leaders pave the way forward, often amidst adversity.
At the heart of everything lies the theme of change—a force of nature that inspires growth and propels us toward brighter horizons. We invite you, our readers, to explore the wealth of knowledge within these pages and use it to spark your own ideas and pursuits.
As we continue to evolve, your engagement and feedback remain invaluable to us. Let’s keep the dialogue alive and build a community that thrives on innovation and shared wisdom.
Thank you for joining us on this journey.
Enjoy the issue!
The Business Times Media Group Team
If you have a business story you wish to share in Business Times Magazine, please contact our Head of Production via production@ business-timesmedia.com
SANY INDIA BUILDING INDIA’S INFRASTRUCTURE WITH INNOVATION
GOLDEN BRIDGE FOODS MANUFACTURING CRAFTING EXCELLENCE
GLOBAL AIR CYLINDER WHEELS REVOLUTIONISING MINING WITH INNOVATIVE TECH
GHANA CHAMBER OF MINES ADVOCATING FOR RESPONSIBLE AND ETHICAL MINING PRACTICES
FERREXPO A LEADING PRODUCER OF HIGH-GRADE IRON ORE PELLETS
CALIBRE MINING PIONEERING A SUSTAINABLE FUTURE IN NICARAGUA
KAMOA COPPER A DEEP DIVE INTO AFRICA’S LEADING COPPER MINE
AI & HUMANOID ROBOTS
Mercedes-Benz is accelerating the transformation of its production network by reinforcing Berlin-Marienfelde’s status as the centre of innovation for MO360 digital production technologies, which are now enhanced with Artificial Intelligence (AI), humanoid robots and pioneering innovations such as the production of high-performance electric axial-flux motors.
A humanoid machine called Apollo has just taken a tentative, slightly jerky, but significant step forward in the robot revolution.
The 5’8” tall robot performed the first public demonstration in a real-world setting of a real-world task - in this case assembling an engine part - entirely autonomously.
Clicking two parts together with a twist of its servo-controlled wrists and handing it to a human colleague is a basic task. But it’s also an important moment in the much-hyped world of human-like robot development.
Mercedes-Benz has announced a multimillion-pound investment in Apptronik and is trialling a handful of the humanoid robots at its factory in Berlin and another in Hungary.
Investors and industrial firmsparticularly carmakers with long experience of using robots in manufacturing - have been closely following the development of human-like robots.
The costs of small, lightweight components have fallen as artificial intelligence (AI) algorithms and computer vision technology
have led to rapid advances in the field of robots that can emulate human movement and tasks.
But despite a rising number of increasingly impressive-looking cyborgs being unveiled by tech companies in the US and Asia, few have taken their first steps out of the lab.
The Apollo robot looks small and underpowered, surrounded by the huge robotic arms that weld, bolt and inspect Mercedes’ latest cars at the Berlin-Marienfelde plant.
But hosting a robot with a hu-
man “form-factor” is more than just a photo opportunity, according to Mercedes-Benz.
“There’s one big advantage,” says Jorg Burzer, head of production and supply chain management at the German carmaker.
“A humanoid robot is flexible, so you can basically introduce it to an assembly line or internal logistics or quality inspection... you can basically move it from one place to another.”
Introducing a new assembly line or upgrading an old one with traditional robotic arms is a major investment.
A robot that can be adapted to a range of tasks and work alongside humans would avoid that investment.
With hands and feet like ours, they can operate tools and work in the same workspaces as people.
Apollo can lift more than 25kg and potentially perform repetitive tasks that are, in the words of humanoid robot developers, too “dull, dirty or dangerous” for humans.
The purpose of the trial is to establish which tasks humanoid robots can usefully do and help improve
the machine learning and dexterity required to do more.
“We want to try to find out what is really possible,” says Mr Burzer.
“It’s also very important to test how a humanoid robot can be integrated in running production together with our colleagues working here every day.”
AFRICA’S BREAKTHROUGH AI FACTORY COULD BE THE START OF A NEW ERA
Project by: Malvern Kandemwa
Words by: Michelle Duncan
They was excitement bubbling in Kigali, Rwanda, ahead of the Global AI Summit on Africa, which promised economic opportunities and innovation.
Not least because of announcement from Cassava Technologies, a tech firm founded by Zimbabwean telecoms billionaire Strive Masiyiwa, that it would be building Africa’s first “artificial intelligence factory,” in partner-
ship with leading AI chipmaker Nvidia.
Nvidia’s supercomputers, which use graphic processing units, or GPUs, (the chips that often-power AI), will be deployed at Cassava’s data centres in South Africa from as early as June, before being rolled out across the company’s other facilities in Egypt, Kenya, Morocco and Nigeria.
Africa has fallen behind the global AI boom due in part to a lack of computing power. A community of 80,000 AI builders across 52 African countries, found that only 5% of Africa’s AI practitioners have access to computational power for research and innovation.
Better access to GPUs will help to “drive the AI revolution” across the continent, says Alex Tsado, founder and director of Alliance
4AI, a non-profit that helps African institutions adopt emerging technologies. Currently, there are no big GPU clusters in Africa and this is holding innovators back: “If you don’t have access to GPUs, it takes you many more hours, if not days, to build the same solutions (or AI systems) than it would take someone else who is in a place where they do have access (like the US or Europe).
“Our AI factory provides the infrastructure for this innovation to scale, empowering African businesses, startups and researchers with access to cutting-edge AI infrastructure to turn their bold ideas into real-world breakthroughs — and now, they don’t have to look beyond Africa to get it,” said Masiyiwa in the press release.
DEMOCRATIZING AI
The excessive cost of hardware compared to income levels in Africa has been one of the main barriers to AI adoption. Some of Nvidia’s most powerful GPUs sell for as much as $40,000. According to AI4D, an African AI development program, the price of buying a GPU in Kenya represents 75% of GDP per capita, making it 31 times more expensive than one in Germany, in relative terms. This has led to a heavy reliance on foreign cloud services, such as Amazon Web Services, Google Cloud and Microsoft Azure – but these too are expensive, since it costs more, and takes longer, to transmit data between geographical regions.
Use of Nvidia’s cutting-edge technology – the same that is used by OpenAI, Tesla, Meta, Google and other tech giants – will be a great equalizer. This would democratize AI development, strengthen local AI ecosystems, and drive innovation across industries like agriculture, healthcare, and financial services, enabling more homegrown solutions tailored to Africa’s unique challenges.
ICONIQ TECHNOLOGIES THE NEW KIDS ON THE BLOCK
Iconiq Technologies, headquartered in Johannesburg, South Africa, is an innovative information technology and services company dedicated to empowering individuals and organizations through technology. Established in 2018, the company offers a diverse range of solutions tailored to various industries, including cybersecurity and analytics, fraud prevention, IT governance, risk and compliance, data visibility and control, digital forensics and
eDiscovery, cybersecurity training and awareness, penetration testing, vulnerability scanning, threat detection, fiber services, satellite services, and Voice over IP.
At the helm of Iconiq Technologies is Shameera Akbar and Ayesha Bayat, the Co-Founders of the Tech Business. Iconiq Technologies is an ambitious company born out of a desire to create a positive impact in the lives of the people they partner with and ultimately soci-
ety. The Iconiq Technologies brand embodies the spirit of Ubuntu (I am because you are), the spirit of entrepreneurship and a passion for technology. This Tech business is a proud Level 1, BBBEE, female owned business, with a passion for the empowerment of women and creating a meaningful opportunity for women to flourish within STEM in South Africa and beyond. The Leadership focus is to empower people to unlock their true potential through technology.
Project by: Malvern Kandemwa
Words by: Michelle Duncan
SHAMEERA AKBAR CO-FOUNDER
Shameera is an entrepreneur with a strong background in technology and business development. She is the founder and CEO of Iconiq Technologies, Co-Founder of Mesh-Ed Training and Development Solutions, and Marketing Director at Basikwa Diamonds. Shameera is the business lead for Women in AI South Africa, a program that works to empower women in the tech industry. Her diverse business interests demonstrate her strong work ethic and ability to manage multiple ventures. Shameera’s experience in managed services, training and development, and the diamond industry highlights her well-rounded business profile. She is a committed entrepreneur who contributes to the KwaZulu-Natal business community.
Her leadership embodies the spirit of entrepreneurship and a passion for technology, with a core value of empowering people to unlock their true potential through technological innovation. Under her guidance, the company strives to enhance customers’ everyday experiences by providing excellence through innovative and insightful technology solutions.
Beyond her role at Iconiq Technologies, Shameera Akbar is actively involved in initiatives aimed at promoting diversity and inclusion in the tech industry. She serves as the Business Lead for Women in AI Southern Africa, an organization dedicated to empowering women in the artificial intelligence sector. Additionally,
she co-founded DigiYouth Africa, a non-profit organization focused on equipping African youth with digital skills and access to meaningful tech careers. Her commitment to community empowerment is further demonstrated through her co-founding of Mesh-Ed Solutions, a company
specializing in AI and soft skills training and development. Under Shameera Akbar’s leadership, Iconiq Technologies continues to drive technological empowerment and innovation, contributing significantly to the IT landscape in South Africa and beyond.
AYESHA BAYAT CO-FOUNDER
Ayesha CA(SA) is an entrepreneur with a strong background in digital media strategy. Ayesha is a Graca Machel Trust, Women Creating Wealth Program participant, which aims to transform Africa’s economies through upliftment of communities, and productive exchange and collaboration between women. Ayesha’s business interests demonstrate her business acumen across diverse industries and her experience in digital media strategy, retail, and
training & development highlights her well-rounded business profile. She is also a distinguished chartered accountant and social entrepreneur committed to empowering youth and township communities through sustainable business initiatives.
She serves as a Business Strategy Specialist at Iconiq Technologies. Their partnership is characterized by a shared vision of leveraging technology to drive societal change and uplift underserved communities. Together, they have co-founded several impactful ventures:
DigiYouth Africa: A non-profit organization dedicated to addressing youth unemployment by equipping young Africans with digital skills and facilitating access to meaningful tech careers. Mesh-Ed Solutions: A company focused on AI integration and training, as well as web development, aiming to bridge the digital divide and enhance educational opportunities
Beyond these ventures, Ayesha has founded and led multiple organizations. She is the founder and CEO of Chrysalis Media and Verite Luxury Hair Co, Co-Founder of Mesh-Ed Training and Development Solutions, and Brand Manager at Startup Grind.
The outlook for Iconiq Technologies, DigiYouth Africa, and MeshEd Solutions appears promising, given their strategic initiatives and alignment with prevailing technological and socio-economic trends in South Africa and the broader African continent. Collectively, these organizations, under the leadership of Shameera Akbar and Ayesha Bayat, are wellaligned with South Africa’s strategic focus on digital transformation and skills development. Their initiatives not only address current market needs but also contribute to the broader socio-economic development of the region.
KIRSTY COVENTRY
ELECTED 10TH IOC PRESIDENT AT 144TH IOC SESSION IN GREECE
Project by: Malvern Kandemwa Words by: Michelle Duncan
Kirsty Coventry, President-elect of the IOC
President-elect Coventry is currently an IOC Member and the Minister of Sport, Art & Recreation in Zimbabwe. She has been the country’s Minister of Sport since 2018. Additionally, she served as a Vice President of the International Surfing Federation from 2017 to 2024.
The former swimmer was first elected as an IOC Member as a member of the IOC Athletes’ Commission in 2013 and served in that role until 2021, when she was elected as an individual member. The President-elect was elected Chair of the IOC Athletes Commission in 2018, becoming a member of the IOC Executive
Board in the process. The 41-yearold was also the IOC Athlete Representative on the World Anti-Doping Agency from 2012-2021 and a member of WADA’s Athlete Committee from 2014-2021.
competing for the final time at Rio 2016, she won seven Olympic medals (two gold, four silver, one bronze), taking gold in the 200m backstroke at Athens 2004 and Beijing 2008. No other African athlete has won more Olympic medals.
She also won three long-course World Championship gold medals and four short-course titles during her career, in addition to a Commonwealth Games gold and 14 African Games golds.
President-elect Coventry said afterwards of being the first woman and first African elected to the position: “It’s a really powerful signal, a signal that we’re truly global and that we have evolved into an organisation that is truly open to diversity and how we’re going to continue walking that road in the next eight years.”
And she had words of encouragement for her fellow candidates. “What I want to focus on is to bring all the candidates together,” she said. “There were so many good ideas and exchanges over the last six months, I’d really like to leverage all of that.”
“I AM PARTICULARLY PROUD TO BE THE FIRST FEMALE IOC PRESIDENT, AND ALSO THE FIRST FROM AFRICA.”
A Harare native, President-elect Coventry competed at five different Olympic Games. Between her debut at Sydney 2000 and
‘’I am particularly proud to be the first female IOC President, and also the first from Africa. I hope that this vote will be an inspiration to many people. Glass ceilings have been shattered today, and I am fully aware of my responsibilities as a role model.’’
The IOC President-elect, who will assume office after a handover on 23 June, was elected for an eight-year term of office.
STRAATSOLIE
STRAATSOLIE
LEADERSHIP IN MOTION: ANNAND JAGESAR AND THE TRANSFORMATION OF STAATSOLIE MAATSCHAPPIJ SURINAME
Project by: Malvern Kandemwa
Words by: Michelle Duncan
Established in 1980, Staatsolie is the state-owned oil company of Suriname, responsible for the exploration, production, refining, and marketing of petroleum products, as well as power generation and renewable energy initiatives. While the company historically focused on onshore oil extraction, recent deepwater discoveries in offshore Suriname
have brought global attention to its untapped hydrocarbon potential. Staatsolie was founded to develop and manage Suriname’s oil resources independently, rather than relying on multinational corporations. The company is wholly state-owned and operates as a vertically integrated entity, involved in exploration, production, refining, marketing, and distribution of petroleum products.
Oil traces were first identified in Suriname in the late 1920s, but significant discoveries were made
in 1965 in Calcutta, Saramacca. This discovery laid the groundwork for the establishment of Staatsolie. In 1980, Staatsolie was created to execute Suriname’s oil policy, focusing on exploration and production. The first drilling operations began in Tambaredjo in 1982, and by 1988, the company exported its first crude oil to Trinidad and Tobago. In recent years, Staatsolie has focused on offshore oil exploration, partnering with international companies like Chevron and Shell. Discoveries in blocks such as Block 58 and Block
52 have positioned Suriname as a promising player in the global energy market. Today, Staatsolie stands at the intersection of resource wealth and responsibility, managing upstream and downstream operations, international partnerships, and the future of Suriname’s energy independence.
At the helm of one of Suriname’s most strategic and economically critical enterprises stands Annand Jagesar, the Chief Executive Officer of Staatsolie Maatschappij Suriname N.V. Appointed in November 2021, Jagesar took on
leadership of the state oil company at a pivotal time in Suriname’s history—when the country stood on the verge of transforming from a modest petroleum producer into a potential deepwater energy frontier.
With a career rooted in leadership, innovation, and national service, Annand Jagesar is shaping Staatsolie’s trajectory as not just an oil company, but a catalyst for national development, energy transition, and regional relevance. Annand Jagesar holds a bachelor’s degree in business economics
and a master’s degree in business administration, specializing in Corporate Strategy and Economic Policy. His academic foundation has equipped him with the skills to navigate the complexities of the energy industry. Before becoming Managing Director, Jagesar held several key positions at Staatsolie, including Director of Downstream Operations, Deputy Director of Business Development, and Manager of Corporate Planning. These roles allowed him to gain extensive experience in strategic planning, project execution, and operational efficiency.
Under Jagesar’s leadership, Staatsolie has undertaken significant initiatives to enhance its operations and expand its influence in the global energy market. He has been instrumental in the acquisition of Chevron’s retail business in Suriname, a move that strengthened Staatsolie’s downstream capabilities. Additionally, Jagesar has been actively involved in negotiating Production Sharing Contracts and follow-up agreements, ensuring the company’s interests are well-represented in international partnerships. Jagesar envisions Staatsolie as a key driver of Suriname’s econom-
ic growth and energy independence. His focus on sustainability and innovation is evident in the company’s efforts to explore renewable energy sources and reduce its environmental footprint. By fostering strategic partnerships and investing in local talent, Jagesar aims to position Staatsolie as a leader in the global energy sector while contributing to Suriname’s long-term prosperity.
WITH A CAREER ROOTED IN LEADERSHIP, INNOVATION, AND NATIONAL SERVICE, ANNAND JAGESAR IS SHAPING STAATSOLIE’S TRAJECTORY AS NOT JUST AN OIL COMPANY, BUT A CATALYST FOR NATIONAL DEVELOPMENT, ENERGY TRANSITION, AND REGIONAL RELEVANCE.
ENERGY TRANSITION AND DIVERSIFICATION
Though rooted in oil, Jagesar is not blind to the realities of a world moving toward decarbonization. Under his stewardship, Staatsolie has begun laying the foundation for an energy transition roadmap, including Exploring renewable energy sources such as solar and hydropower. Initiating biofuel projects aligned with regional sustainability goals and developing a carbon management strategy, including emissions tracking and potential participation in global carbon credit markets. He views the energy transition not as a threat but as an opportunity, aiming to position Staatsolie as a regional energy leader in both hydrocarbons and renewables. He has also emphasized the need for regional energy integration, suggesting that Suriname can play a role in providing energy stability in the Caribbean and northern South America.
Perhaps the most high-profile priority under Jagesar’s leadership
is managing Suriname’s entry into the offshore oil and gas arena, alongside major international energy partners such as TotalEnergies and Apache Corporation. Offshore Block 58 has already yielded multiple discoveries, and additional drilling in surrounding blocks holds immense promise.
Jagesar has ensured Staatsolie plays a central role in governance, licensing, and local content, while creating an environment that supports foreign direct investment (FDI) and transparent regulatory oversight. His leadership focuses on creating a balanced and sustainable framework for offshore development that maximizes returns for the state while minimizing environmental and social risks.
A vocal advocate for good governance, Annand Jagesar has placed strong emphasis on transparency, efficiency, and anti-corruption practices within Staatsolie. His vision is to create a globally trusted national oil company that upholds international
best practices while maintaining its national identity and values. Under his leadership Staatsolie is committed to ensuring that Suriname’s oil wealth benefits the Surinamese people. By developing local talent pipelines through scholarships, technical training, and partnerships with universities. Promoting local supplier participation in the oil value chain and ensuring community development and environmental protection in operational areas. He believes that a truly national oil company must serve as a vehicle for socio-economic transformation, not just profit.
PERHAPS THE MOST HIGH-PROFILE PRIORITY UNDER JAGESAR’S LEADERSHIP IS MANAGING SURINAME’S ENTRY INTO THE OFFSHORE OIL AND GAS ARENA, ALONGSIDE MAJOR INTERNATIONAL ENERGY PARTNERS SUCH AS TOTALENERGIES AND APACHE CORPORATION.
CHALLENGES AND FORWARD OUTLOOK
Despite the promise, challenges remain. Volatile oil prices, the complexities of deepwater development, climate-related scrutiny, and ensuring equitable wealth distribution are all on the table. Jagesar has responded by fostering a culture of resilience, expanding international partnerships,
and advocating for long-term strategic thinking beyond election cycles or commodity booms.
Under his guidance, the company is pursuing a measured, inclusive, and technically sound pathway to becoming a central pillar of Suriname’s future—economically, environmentally, and geopolitically. Staatsolie’s offshore exploration activities, particularly in Block 58,
are expected to yield significant economic benefits. The GranMorgu field development, with first oil production anticipated by 2028, represents a major milestone for the company and Suriname. The company is committed to reducing its environmental footprint through initiatives such as greenhouse gas emissions reduction programs and renewable energy projects. These efforts
align with global sustainability trends and enhance its reputation. Furthermore, the company continues to play a vital role in Suriname’s economy, contributing through taxes, royalties, and dividends. Its investments in local procurement and workforce development further strengthen its impact on national development.
The company is exploring oppor-
tunities to diversify its energy portfolio, including renewable energy sources and natural gas development. This diversification will help Staatsolie remain competitive in a rapidly changing energy landscape. By addressing its challenges and leveraging its strengths, Staatsolie is well-positioned to drive economic growth, foster innovation, and contribute to a sustainable energy future for Suriname.
Annand Jagesar is more than just the CEO of a national oil company—he is a steward of Suriname’s economic future. By balancing the promise of offshore wealth with the principles of sustainability, governance, and inclusion, he is shaping Staatsolie into a modern, resilient, and future-ready energy company. With deepwater production on the horizon, a firm grip on sustainability, and a focus on national development, Jagesar’s Staatsolie stands as a model for how national oil companies can lead in the 21st century.
As Suriname stands on the brink of a potential oil-driven transformation, his strategic leadership and national-first philosophy will determine not just the success of Staatsolie, but the economic and social trajectory of the nation itself.
BOLLORÉ LOGISTICS SINGAPORE
BOLLORÉ LOGISTICS SINGAPORE
BOLLORÉ LOGISTICS: DRIVING ASIA-PACIFIC LOGISTICS EXCELLENCE THROUGH INNOVATION & SUSTAINABILITY
Project by: Malvern Kandemwa
Words by: Michelle Duncan
As one of the key logistics hubs in the Asia-Pacific region, Bolloré Logistics Singapore plays a vital role in the global operations of Bolloré Logistics, a subsidiary of the French multinational Bolloré Group. Established in Singapore in 1984, the company has evolved into a major player in the integrated logistics space, providing end-to-end supply chain solutions for industries ranging from aerospace and pharmaceuticals to retail, energy, and high-tech.
With Singapore serving as its regional headquarters, Bolloré Logistics has leveraged the city-state’s strategic location,
advanced infrastructure, and pro-business environment to anchor its operations and scale up services across Southeast Asia and beyond. Bolloré Logistics Singapore is not just a regional base—it’s a strategic logistics nerve centre. From here, the company manages freight forwarding, contract logistics, customs brokerage, and supply chain consulting across the ASEAN and Asia-Pacific regions. With seamless integration into the global Bolloré network of over 600 offices in 109 countries, Singapore operations connect to key global trade corridors, facilitating efficient flows between Asia, Europe, Africa, and the Americas.
Singapore’s prominence in multimodal transport, including one of the world’s busiest ports and most advanced airports, enables Bolloré to offer best-in-class lead times and multi-sector logistics expertise. Bolloré Logistics, recognized as a global leader in international transport and logistics, also holds the status of a Tier 1 partner to some of the world’s most esteemed brands. Its Singapore operations serve as the largest hub in the Asia-Pacific region, positioning it as a critical regional centre for the group’s activities.
Since its establishment in Singapore, Bolloré Logistics has developed an extensive network, running with a focus on efficiency and precision. Its daily activities include multimodal transport, customs and regulatory compliance, warehousing, and distribution. The company manages over 230,000 square meters of warehousing space across multiple sites, including its flagship facilities, the Green Hub and Blue Hub. These hubs are equipped with advanced automation technologies, such as robotic shuttles and high-density storage sys-
tems, enabling rapid order fulfilment and inventory management. The Blue Hub, for instance, can process orders within 20 minutes, highlighting its ultramodern capabilities. The 50,000 sqm distribution centre features an innovative automation solution providing space-efficient storage with fast and accurate picking to meet the expectations of Bolloré Logistics’ clients.
LOGISTICS
COLLABORATING WITH A TRUSTED PARTNER
With the surge in E-Commerce demand, intensified global competition, and heightened consumer expectations for faster delivery, retailers and brands have been focused on enhancing order fulfilment capabilities while keeping cost efficiency.
In response to these challenges, Bolloré Logistics partnered with Dematic in 2016 to implement an automated storage and order fulfilment solution at their Green Hub facility. This collaboration aimed to boost speed, productivity, and space optimization within the 42,000 m² flagship distribution facility in Singapore at that time.
Building on the success of the Green Hub, Bolloré Logistics advanced its growth strategy with the development of the Blue Hub facility. This expansion allowed the company to cater to a broader client base, particularly in the perfume and cosmetics sector. Working closely with Dematic once again, Bolloré Logistics introduced innovative solutions at the Blue Hub, including a pilot program for robotic picking cells. These robotic systems enable seamless order picking, packing, and labelling for dispatch, ending the need for manual intervention and further enhancing productivity and operational efficiency.
The Blue Hub facility, set up by Bolloré Logistics Singapore was meticulously designed and constructed from the ground up to meet the demands of business transfor-
mation in this sector. Its focus on omnichannel distribution is particularly aligned with the explosive growth of E-Commerce, enabling seamless integration of different sales channels, such as online platforms and physical retail spaces.
This next-generation logistics centre incorporates innovative technologies and automation systems to improve speed, accuracy, and efficiency in order fulfilment. The facility is tailored to manage the dynamic requirements of E-Commerce, including high-volume orders, diverse product categories, and rapid delivery expectations. Features such as robotic picking
cells, automated conveyor systems, and intelligent storage solutions make it possible to process orders rapidly while reducing operational costs and improving space usage.
By catering specifically to the complexities of omnichannel distribution, the Blue Hub empowers Bolloré Logistics to deliver flexible and scalable solutions, supporting its clients in adapting to changing consumer behaviours and keeping competitiveness in a fast-evolving market. This transformative facility is a testament to Bolloré Logistics’ commitment to innovation and leadership in the logistics industry.
SUSTAINABLE SUPPLY CHAIN DEVELOPMENT
The driving force behind Bolloré Logistics’ remarkable growth lies in its unwavering commitment to sustainable development and adherence to the highest QHSE (Quality, Health, Safety, and Environment) standards, forming the bedrock of its current and future projects. The company actively contributes to environmental preservation by offering innovative transport solutions that significantly reduce greenhouse gas emissions. However, its ambitions reach even further, as Bolloré Logistics is continually striving to minimize the environmental footprint of its operations. This includes generating new strategies to address biodiversity preservation, air quality improvement,
and critical challenges related to water resource management. The company has set ambitious targets to reduce Scope 1 and 2 emissions by 42% and Scope 3 emissions by 22% by 2030. Its Green Hub and Blue Hub facilities are certified with Green Mark Platinum and BiodiverCity labels, reflecting their commitment to environmental stewardship. Solar panels installed at these sites cover a sizable part of electricity consumption, further reducing the carbon footprint.
Beyond environmental sustainability, Bolloré Logistics acknowledges its broader responsibilities toward social and community well-being. These efforts are underpinned by the expertise of its environmental teams and the integration of stakeholder expec-
tations into its operations. The company’s CSR (Corporate Social Responsibility) approach is driven by a unified strategy and commitments that resonate across all Bolloré Group activities. These principles are seamlessly translated into actionable initiatives at the operational level, ensuring the company stays at the forefront of sustainable and socially responsible business practices.
The company continues to invest in capacity expansion, digital systems, and regional resilience post-COVID. With trade rebounding and e-commerce volumes rising, Bolloré Singapore is increasingly seen as a linchpin for Southeast Asian distribution, especially for high-growth markets like Vietnam, Indonesia, and the Philippines.
INFRASTRUCTURE
Additionally, the company has been initiative-taking in supply chain risk management, offering contingency planning, multi-routing options, and alternative port strategies to address geopolitical disruptions or port congestion.
Bolloré Logistics Singapore exemplifies the evolution of modern logistics—from traditional freight forwarding to smart, sustainable, and customer-centric supply chain orchestration. Underpinned by innovation, operational excellence, and a long-term commitment to ESG principles, the company continues to redefine logistics in Asia.
With its strong leadership, technological capabilities, and eco-conscious infrastructure, Bolloré Logistics Singapore is not only a pillar in Bolloré Group’s global network but also a trailblazer for the future of supply chain excellence in the region.
I-PEX SINGAPORE
I-PEX SINGAPORE
I-PEX SINGAPORE
DRIVING INNOVATION AND PRECISION IN THE ELECTRONICS INDUSTRY
Project by: Malvern Kandemwa
Words by: Michelle Duncan
I-PEX Singapore Pte Ltd is a key regional hub for I-PEX Inc., a global leader in high-speed digital connectors and electronic components. Established in 1979 as the company’s first overseas corporation, I-PEX Singapore has played a pivotal role in the electronics industry in Southeast Asia. The company has evolved over the decades, expanding its production capabilities and keeping a strong focus on innovation and quality. Its Yishun Plant in Singapore is a cornerstone of its operations, enabling integrated
production of connectors and serving as a vital link in the global supply chain. This has reinforced Singapore’s reputation as a hub for high-tech electronics production.
Moreover, they have been involved in sustainability initiatives, such as taking part in programs like Green Compass, which helps companies manage carbon emissions, energy, and waste. These efforts align with Singapore’s broader goals of environmental sustainability and have encour-
aged other businesses in the industry to adopt similar practices. Through its focus on high-speed digital connectors, the company has also supported the development of innovative technologies in consumer electronics, enabling advancements in devices like smartphones, laptops, and tablets. This has positioned Singapore as a key player in the global electronics supply chain.
Diana Peh, the Managing Director of I-PEX Singapore, has been instrumental in the company’s
growth and success. Starting her career at I-PEX in 1987 as an interpreter, she quickly took on added responsibilities, eventually rising through various management roles. In 2014, she became the Managing Director, overseeing the company’s operations and regional expansion. Under her leadership, I-PEX Singapore has navigated significant challenges, including the COVID-19 pandemic, while continuing to meet the demands of its global clients.
“We’re a supplier for many of the world’s leading PC manufacturers, and during the pandemic, we experienced a significant surge in demand. At the same
time, we faced strict restrictions on the number of employees allowed on-site,” she explains.
“Our operations were heavily impacted, and we had to work relentlessly to sustain our supply chains and fulfil customer demand.”
During the first lockdown in Singapore, they were allowed to have only 50 employees working on-site—far below the required workforce of around 225 needed to meet production targets. Consequently, the company had to engage in extensive negotiations with the authorities to gradually increase headcount and keep their production lines operational.
“OUR OPERATIONS WERE HEAVILY IMPACTED, AND WE HAD TO WORK RELENTLESSLY TO SUSTAIN OUR SUPPLY CHAINS AND FULFIL CUSTOMER DEMAND.”
Despite these challenges, the business achieved record-high sales, driven by the surge in demand for digital products during the pandemic. The increased reliance on remote work, online learning,
QST is a trusted leader in high-speed precision metal stamping, delivering quality and reliable solutions for demanding engineering applications. With over three decades of experience, we transform ideas into solutions. Discover how QST became a strategic partner to I-PEX Singapore.
QST is a high-speed precision stamping house based in Singapore, with resources in South East Asia and China, with ability to support its customers with high flexibility and short time to market. We work closely with our customers and develops solutions according to their individual requirements. We see ourselves as a true partner throughout the entire value creation process, from the first inquiry to the delivery of mass production. QST, being in the business for over 3 decade, is a reliable and creative partner for its customers.
In the electronics and connector industry, tolerance is tight, timelines are tighter, and the demand for consistency is non-negotiable. Our high-speed stamping operations are engineered for this environment. Whether the requirement is millions of micro-sized contacts, terminals, or shielding components, QST delivers with exceptional reliability, dimensional accuracy, and cost competitiveness.
QST stamping presses, equipped with industry-leading Bruderer high-speed stamping machines, are capable of producing intricate metal parts from a variety of materials, including copper alloys, stainless steel, phosphor bronze, and beryllium copper. We support thicknesses and designs that meet the unique needs of modern connectors and leadframe assemblies, ensuring electrical integrity and mechanical strength.
Every great stamped component starts with a world-class die. We offer custom tooling design and in-house die fabrication for progressive dies, compound dies, and multi-out tools, all built to withstand the demands of high-speed electronic component production.
Using advanced CAD/CAM software, 3D simulation, and detailed DFM (Design for Manufacturability) analysis, our engineers collaborate closely with your product team to optimize tool geometry, material flow, and strip layout—helping our customers reduce costs and accelerate time-to-market.
QST dies are engineered for ultra-tight tolerances and high durability, ideal for the production of precision connectors, lead frames, shielding elements, terminal pins, and more.
We understand how critical uptime is in electronics manufacturing. That’s why we provide comprehensive and cost effective die maintenance, reconditioning, and spare part fabrication services to keep your production running smoothly.
QST’s rapid turnaround on precision spare parts—punches, die inserts, springs, guides, retainers, and more—ensures minimal disruption. Combined with our proactive maintenance support, we help customers extend tool life, improve efficiency, and reduce unscheduled downtime.
Why Electronics OEMs and Tier-1 Suppliers Choose QST
Connector-Focused Expertise – We specialize in stamping metal parts used in connectors, terminals, and precision contacts.
Micro-Precision Engineering – Perfect for the miniaturization demands of today’s electronics.
Scalable Production – From prototype to millions of units, we support every stage of your product lifecycle.
Fast Turnaround, Global Support – Speed and service that align with your fast-paced development cycles, in a stable production environment
From mobile devices to automotive electronics, telecom infrastructure to consumer electronics— QST is the trusted metal stamping partner behind the world’s most connected technologies.
Let’s build the future of connectivity—one precision-stamped component at a time. Contact us today to learn more.
and digital entertainment fuelled the need for high-performance connectors and interconnect solutions, positioning them to capitalize on the market growth despite the operational setbacks.
Her leadership ensured that the company adapted effectively to challenges, balancing operational needs with employee safety. She emphasizes rigorous quality control measures and continuous improvement initiatives to ensure that the company’s products consistently meet or exceed customer expectations. Her hands-on approach to quality management has fuelled the company’s growth and enhanced customer loyalty.
Additionally, Diana has overseen the regional expansion and growth, including the establishment of plants in Malaysia and Indonesia during her tenure as General Manager. These initiatives have bolstered the company’s presence in Southeast Asia and enhanced its production capabilities.
Her focus on innovation and personal connections has also been a cornerstone of her leadership, fostering a collaborative and family-like work environment. These efforts have contributed to I-PEX reputation as a key player in the electronics industry.
I-PEX stands out in Singapore’s electronics industry due to its specialization in high-speed digital connectors and its commitment to innovation and sustainability. The company’s integrated production processes at its Yishun Plant set a benchmark for efficiency and quality, enabling it to
meet the demands of global clients. Its focus on innovative technologies, such as connectors for smartphones, laptops, and tablets, positions it as a key player in the electronics supply chain.
Compared to other electronics companies in Singapore, I-PEX’s emphasis on sustainability initiatives, like managing carbon emissions and waste, aligns with the country’s environmental goals. While other companies may focus on broader electronics manufacturing or semiconductor production, I-PEX’s niche ability in connectors gives it a unique edge in the market. This specialization allows it to cater to specific technological advancements and maintain a strong presence in the industry.
“We’re upgrading all our devices and introducing new tools to enhance data collection and optimize our operations. Beyond the obvious efficiency gains, we also want these technologies to inspire and attract talent. In the past, our relatively low-tech environment made it difficult to appeal to younger professionals. With the adoption of innovative technology and increased automation, we aim to tackle multiple challenges simultaneously.”
Another key advantage of this digital transformation is the opportunity to reduce waste by moving toward a paperless business model.
“This is an ongoing process, but we’re already seeing positive results,” she says. “Last year, we used several hundred reams of paper, but this year we’ve significantly reduced our consumption.”
STRATEGIC PARTNERSHIPS
Diana recognizes the importance of strategic partnerships and collaboration in the fast-paced electronics industry. She actively seeks opportunities to forge partnerships with suppliers, technology firms, and industry stakeholders to strengthen I-PEX Singapore’s market position and expand its product offerings. They actively collaborate with technology companies and OEMs (Original Equip-
ment Manufacturers). These partnerships enable the company to accelerate product development gaining access to cutting-edge innovations, speeding up the development of next-generation connectors. This ensures that their solutions meet the demands of high-speed data transmission, miniaturization, and evolving industry standards.
I-PEX also strengthened its partnerships with key suppliers and logistics providers to ensure the
stability of its supply chain. These collaborations have resulted in increased supply chain resilience. Furthermore, forged alliances with international distributors and sales partners. These partnerships have enabled the company to access new markets penetrating new regions, expanding its customer base and boosting sales. These collaborations allow the company to stay at the forefront of innovation and respond effectively to market demands.
Under Diana Peh’s visionary leadership, I-PEX Singapore has solidified its position as a trusted provider of high-precision connectors and interconnect solutions. With a relentless focus on innovation, customer satisfaction, and sustainability, the company is poised for continued success in the rapidly evolving electronics industry. As I-PEX Singapore continues to embrace technological advancements and expand its market reach, it remains a key player driving connectivity solutions for the future.
SANY HEAVY INDUSTRIES
HEAVY INDUSTRIES
SANY HEAVY INDUSTRIES: BUILDING INDIA’S INFRASTRUCTURE WITH INNOVATION
AND
THE VISION OF MANAGING DIRECTOR DEEPAK GARG
Project by: Malvern Kandemwa
Words by: Michelle Duncan
SANY Heavy Industries India Pvt Ltd, a subsidiary of the global construction machinery giant Sany Group, has established itself as a key player in India’s infrastructure and heavy equipment sector. With its headquarters in Pune, Maharashtra, and an ultramodern manufacturing facil-
ity in Chakan, Sany India plays a pivotal role in the nation’s infrastructure growth across sectors such as construction, mining, energy, railways, and urban development.
At the heart of this growth story is Deepak Garg, the Managing Director of Sany India and South Asia, whose strategic vision, dynamic leadership, and market-driven focus have helped the company scale new heights in one of the world’s
most competitive construction equipment markets. Since joining SANY India in 2014, Deepak Garg has been at the forefront of transforming the company’s relatively modest presence into a formidable corporate force in the Indian construction equipment market. Although SANY had set up operations in India as early as 2002, it was under Deepak’s leadership that the company entered a phase of rapid growth and strategic evolution.
Drawing from his prior experience managing supply chains across three manufacturing plants at Tata Hitachi Construction Machinery, Deepak brought a deep understanding of operations and scalability skills that would prove critical in navigating SANY India’s next growth phase. Yet, the opportunity at SANY presented a larger canvas and needed a bold, forward-looking strategy.
One of Deepak’s first and most impactful initiatives was to redefine the company’s brand positioning in the region. “The biggest transformation, I would say, began with enhancing SANY’s brand image,” he explains.
“Globally, SANY was already a major player, but in South Asia, especially India, our footprint was limited. The challenge wasn’t just market share; it was also changing perceptions. We needed a shift in mindset starting with how the brand was viewed by our customers.”
For Deepak, building brand equity meant putting customers at the centre of the company’s strategic initiatives. “When I say brand, I mean customer centricity focusing first and foremost on delivering value to our clients, and then aligning all other stakeholder engagements accordingly,” he adds.
Under his leadership, SANY India aggressively ramped up its branding efforts, outreach, and market visibility, laying the foundation for the remarkable growth that followed.
“The next major focus was localization,” Deepak explains. “Within the first six months of my tenure, I brought in an experienced management team from the domestic industry. We recruited some of the most respected and capable talent in the sector, tasking them with ambitious goals over a three- to five-year horizon. The results were swift and significant— within just two years, over 99% of our operations were localized.”
“Another crucial step was localizing our R&D capabilities,” he continues. “Every market has unique demands, and India is no exception. Customizing our technology and product designs to suit local conditions was essential. By localizing our research and development, we ensured that our solutions were not only relevant but also optimized for India’s specific infrastructure and operational challenges.”
Sany India has invested over INR 750 crores to develop its Chakan
facility, which is equipped with advanced technologies to support manufacturing and innovation. The facility is a cornerstone of the company’s operations, enabling it to produce high-quality machinery that meets international standards. Deepak Garg also spearheaded a massive product localization drive, aligning SANY India’s offerings more closely with domestic needs and conditions. Over the past four years, the company has successfully localized more than 25% of its product portfolio, a milestone
that began with the production of the SY200C-9 excavator at the company’s advanced facility in Pune’s Industrial Park. This move not only helped reduce costs and improve product-market fit but also reinforced SANY’s commitment to the “Make in India” initiative.
A key breakthrough came in 2014, when SANY India secured the largest market share for crawler cranes in the country, a pivotal achievement that set the stage for accelerated growth. Today,
thanks to this localization and market-focused strategy, SANY India’s revenue has grown tenfold compared to six years ago.
Despite these accomplishments, Deepak didn’t stop there. He pushed further transformative changes, particularly in how SANY India approached the market.
“On the market side, there were three major changes,” Deepak notes. “The first was a complete overhaul of our distribution network. Between 2014 and 2016, we embarked on an aggressive expansion strategy. The goal was to achieve deeper customer reach, and we succeeded. This expanded network significantly enhanced our service and spare parts support a critical element in the heavy equipment industry.”
This revamped network empowered SANY to better serve customers across India’s vast and varied geography, ensuring faster response times, better product availability, and long-term service relationships elements that have proven key to securing and keeping market leadership. SANY India has strategically positioned itself as a comprehensive solutions provider in the infrastructure and construction space. Its product portfolio spans road construction, concreting, piling, and wind energy equipment offering customers a significant advantage. Instead of sourcing machines from multiple vendors, construction companies can now rely on SANY India as a one-stop shop, streamlining procurement and ensuring better interoperability across their fleet.
To further enhance customer experience, SANY India provides a resolute team of technical experts to support operations directly at job sites. This specialized support is critical, particularly given that the company’s equipment portfolio covers a wide spectrum of construction activities. The result is faster troubleshooting, more efficient deployment, and optimized equipment performance all essential in time-sensitive projects.
This comprehensive approach has been further strengthened by the global reach and strategic acquisitions of the parent company, SANY Group. A notable example is the acquisition of the German concrete machin-
ery manufacturer Putzmeister in 2012. While the two brands initially operated independently, recent strategic alignment has seen the marketing and sales functions of SANY and Putzmeister concrete equipment fully integrated across the South Asia region.
This unified approach allows SANY India to offer a broader product mix, tap into Putzmeister’s legacy of precision engineering, and bring enhanced value and efficiency to its growing customer base across the subcontinent.
Under the insightful leadership of Deepak Garg, SANY Heavy Industries India has transformed from an international equipment manufacturer into a trusted, innovation-driven, and localized Indian brand. Through focused strategies in manufacturing, sustainability, supply chain management, and digitalization, SANY India is playing a defining role in powering the infrastructure ambitions of a new India.
As the country accelerates its journey toward becoming a $5 trillion economy, SANY, guided by his leadership, is poised to be at the centre of the action building tomorrow’s India, today.
FIND OUT MORE ABOUT SANY HEAVY INDUSTRIES INDIA SANY.IN
GOLDEN BRIDGE MANUFACTURING
GOLDEN BRIDGE FOODS MANUFACTURING
CRAFTING EXCELLENCE:
HOW GOLDEN BRIDGE FOODS MANUFACTURING LEADS IN GOURMET FOOD PRODUCTION
Project by: Malvern Kandemwa
Words by: Michelle Duncan
Golden Bridge Foods Manufacturing is a renowned food production company that has carved a niche for itself in the industry by delivering high-quality food products to consumers. With a strong commitment to excellence, innovation, and sustainability, Golden Bridge Foods Manufacturing has proven a reputation for premium quality and diverse product offerings. The company’s focus on operational efficiency, product development, and customer satisfaction sets it apart as a leader in the competitive food manufacturing sector.
Founded by Ong Tung Seng in 1993 and three decades later, Golden Bridge is now a household name in Singapore with its lines of canned meats, cold cuts and ready-to-prepare products. It’s also entering foreign markets, taking the same commitment to quality and innovation abroad that made it a market leader in Singapore. Ong Tung Seng’s journey to becoming the Managing Director of Golden Bridge Foods Manufacturing is a tale of perseverance, vision, and commitment. Born and raised in a modest family of pig farmers in Singapore. His early life was marked by hard work and a thirst for knowledge. From an early age, he displayed a keen interest in business and entrepreneurship, which was nurtured through his education.
He started out by developing a
single product: XO Waxed Sausage, which would incorporate the fragrant aroma of XO Brandy. It proved a hit as Golden Bridge Foods began developing other lines of meats such as Taiwanese-style sausages, along with Western-style hams, sausages and canned meats. He eventually passed the reins to his family and Golden Bridge Foods’ parent company OTS Holdings Limited became publicly traded in 2021.
Ong Bee Chip, his son, now oversees OTS Holdings as Managing Director, alongside his siblings, Ong Chew Yong and Ong Bee Song as Executive Director and Sales Director respectively. He joined the company in 2006, coming over from the family’s textile firm, having been responsible for the sales and marketing department and facilities management for 23 years.
Golden Bridge Foods Manufacturing boasts a diverse product portfolio that caters to various segments of the market. From snacks and convenience foods to gourmet culinary specialties, the company offers a wide range of products that appeal to different consumer preferences and dietary requirements. By prioritising innovation and market trends, Golden Bridge Foods Manufacturing continuously introduces new products and flavours to meet the evolving needs of consumers. Quality is at the heart of Golden Bridge Foods Manufacturing’s operations, with a strong emphasis on maintaining the highest standards of product quality and safety. The company adheres to stringent quality control measures throughout the production process, from sourcing raw ingredients to packaging finished products. By implementing rigorous quality assurance protocols and compliance with food safety regulations, Golden Bridge Foods Manufacturing ensures that its products meet the highest industry standards.
Having taken the reins of the business, Ong set about making changes, starting with the workflow, marketing and emphasising research and development. In 2009, a new entity and processing facility, Ellaziq, was set up to increase production of halal-certified foods to meet the fast-growing demand. It also started working toward opening export markets, including neighbouring Malaysia. Golden Bridge Foods expanded its operations by opening an office in Malaysia and set up its own distribution channel. The investment has paid off as the Malaysian market shows a strong preference for Singaporean products, according to Ong. They have also set up in the Philippines and Indonesia where exports now account for over 36 percent of the Group’s sales, a sign of how the future lies abroad for the company.
Golden Bridge Foods Manufacturing has a robust distribution network that spans domestic and international markets. The company’s products are widely distributed through retail channels, supermarkets, specialty stores, and online platforms, reaching a diverse consumer base. By strategically expanding its market reach and leveraging distribution partnerships, Golden Bridge Foods Manufacturing ensures that its products are accessible to customers across various regions. Innovation lies at the core of Golden Bridge Foods Manufacturing’s success, driving product development, process improvement, and market differentiation. The company invests in research and development to stay at the forefront of culinary trends, flavour profiles, and nutritional advancements. By fostering a culture of innova-
tion and creativity, Golden Bridge Foods Manufacturing continues to introduce novel products that resonate with consumers and set industry benchmarks.
THE COMPANY INVESTS
IN RESEARCH AND DEVELOPMENT TO STAY AT THE
FOREFRONT
OF CULINARY TRENDS, FLAVOUR PROFILES, AND NUTRITIONAL ADVANCEMENTS.
Recognizing the importance of modern infrastructure in achieving operational efficiency and maintaining competitiveness, Golden Bridge Foods has invested in infrastructure upgrades. By modernising equipment, expanding production capacity, and
enhancing facility capabilities, the company can meet growing demand, improve production efficiency, and adapt to market trends. These infrastructure upgrades demonstrate Golden Bridge Foods Manufacturing’s commitment to operational excellence and continuous improvement. They now run ultramodern facilities that enable the production of a wide range of food products. From snack foods to ready-to-eat meals, the company’s operations are characterised by precision, efficiency, and adherence to stringent quality standards. By employing innovative manufacturing processes and adhering to rigorous quality control measures, Golden Bridge Foods Manufacturing ensures that its products meet or exceed customer expectations. The Company is also commit-
ted to sustainability and environmental responsibility. They invested in sustainable sourcing practices, energy-efficient production processes, and waste reduction initiatives to minimise its environmental impact. By embracing sustainable practices, such as waste recycling, water conservation, and eco-friendly packaging, Golden Bridge Foods Manufacturing demonstrates its dedication to environmental stewardship and social responsibility. Furthermore, Strategic partnerships play a vital role in Golden Bridge Foods growth strategy. By collaborating with suppliers, distributors, retailers, and industry stakeholders, the company strengthens its supply chain, expands its market reach, and drives innovation. Strategic partnerships also enable Golden Bridge Foods Manufacturing to access new markets, introduce innovative products, and leverage synergies that benefit both the company and its partners.
As a leader in the food manufacturing industry, Golden Bridge Foods under the leadership of Managing Director Ong Bee Chip continues to set high standards for quality, innovation, and sustainability. The company’s focus on operational excellence, infrastructure upgrades, strategic partnerships, and technology transformation underscores its commitment to delivering superior products, meeting customer needs, and driving growth. With a strong foundation built on operational efficiency, modern infrastructure, collaborative partnerships, and innovative technology, Golden Bridge Foods Manufacturing is well-positioned to thrive in a dynamic and competitive market landscape.
GLOBAL CYLINDER WHEELS
GLOBAL AIR CYLINDER WHEELS
GLOBAL
AIR CYLINDER
WHEELS REVOLUTIONISING MINING WITH INNOVATIVE AIR SUSPENSION TECHNOLOGY
Project by: Malvern Kandemwa
Words by: Michelle Duncan
Dr Zoltan Kemeny, President & CEO, GACW
Global Air Cylinder Wheels (GACW) is an engineering company based in Phoenix, Arizona, which specialises in developing and producing the Air Suspension Wheel (ASW) for off-theroad (OTR) mining vehicles. The ASW is a revolutionary design that replaces the conventional rim, rubber tire and chain with a steel wheel that has in-wheel pneumatic suspension. The ASW offers many advantages over the traditional tires, such as increased durability, safety, stability, performance and environmental friendliness.
The president and CEO of GACW is Dr. Zoltan Kemeny, an acknowledged expert in vehicle dynamics with over 44 years of experience in research and development and engineering. Dr. Kemeny holds degrees in structural dy-
namics engineering, architecture and seismology, and owns and co-owns over 250 patents. He has built up four startups and exited with success and has been leading GACW since its inception in 2011.
Kemeny’s vision is to create a product that can change the mining industry for the better, by reducing the costs, risks and environmental impacts of OTR tires. He has assembled a team of experts in the fields of suspension, steel manufacturing and treads, and has collaborated with partners from various sectors, such as mining companies, universities, government agencies and investors. He has also invested in testing and confirming the ASW at different mine sites around the world, such as South Africa, Australia and the USA.
CT HYDRAULICS: The Power Behind Southern African Hydraulics
CT Hydraulics stands as a cornerstone of Southern African industry, providing high-quality hydraulic solutions and services. As the officially recognised hydraulic cylinder support partner for industry giants like Komatsu, Caterpillar, Fletcher, Liebherr and Bell Equipment, CT Hydraulics ensures that critical machinery operates at peak performance. Our expertise extends to a wide range of services, including engineering design, machining, CNC machining, chroming, and testing, all adhering to ISO 9001:2015 standards.
Beyond manufacturing and reconditioning, CT Hydraulics
offers value-added services such as specialised custom cylinder designs, exchange programs and proactive customer feedback thereby minimising downtime and maximising efficiency.
We are proud to be associated with GACW who are innovative in reducing the human carbon footprint as the design and manufacturer of the GACW wheel cylinders.
We are also the sole importers and distributors of Triple R oil cleaners and Pneumatic Systems International products, further solidifying our position as a comprehensive hydraulic solutions provider.
With branches in Johannesburg, Kathu, Windhoek and Swakopmund, CT Hydraulics is strategically located to serve a diverse range of industries
including mining, offshore drilling, petrochemical, forestry and construction. Our commitment to quality, reliability and customer satisfaction makes us the ideal partner for businesses seeking robust and dependable hydraulic support.
www.cthydraulics.com michael@cthydraulics.co.za
+27 11 873 2342
Corner Melville & Sharland Rd, Driehoek, Germiston, Johannesburg South Africa
The ASW works by combining an inner steel hub with an outer steel drum, which are connected by twelve nitrogen-filled cylinders and six oil dampers that supply suspension. The outer drum can be fitted with bolt-on customised polyurethane or steel treads, which can be replaced without removing the wheel. The ASW is engineered to replicate the tire size, load-bearing ability (or more if desired) and deflection of the conventional tires. It is also designed to cope with up to 50% lateral side load, making it more stable and safer than rubber tires in sharp corners.
These wheels, engineered to perfection under Kemeny’s leadership, have reshaped the mining landscape. Unlike traditional solid wheels, GACW’s air suspension wheels use advanced pneumatic technology, offering many advantages:
STRUCTURE:
The ASW consists of an inner steel hub and an outer steel drum, which are connected by twelve nitrogen-filled cylinders and six oil dampers that supply suspension. The outer drum can be fitted with bolt-on customised polyurethane or steel treads. Whilst in comparison other airless tires such as Michelin Uptis use a flexible load-bearing structure made from glass fibre reinforced plastic (GFRP) that surrounds the wheel. Some airless tires for example Tannus Portal2 are standalone tires that are held to rims using individual clips.
THE WHEEL, REINVENTED...
APPLICATION:
The ASW is engineered to replicate the tire size, load-bearing ability and deflection of the conventional tires used on OTR mining vehicles. It can run at higher speeds, loads and temperatures than the conventional tires, without compromising safety or comfort. It can also cope with up to 50% lateral side load, making it more stable and safer than rubber tires in sharp corners. Whilst most on the market are intended for passenger vehicles or bicycles, which have different performance and safety requirements than OTR mining vehicles.
WHEEL, REINVENTED...
BENEFITS:
The ASW has many benefits over the conventional tires, such as longer lifespan, lower maintenance, higher performance, greater safety and less environmental impact. It reduces the consumption of rubber, steel and fuel that are associated with the production, transportation and disposal of the conventional tires. It also reduces the emissions of greenhouse gases and particulate matter that are generated by the burning or dumping of the con-ventional tires.
REVOLUTIONARY DESIGNS: ENHANCING EFFICIENCY
Under Zoltan Kemeny’s leadership, GACW has pushed the boundaries of design in the mining sector. The company’s air suspension wheels boast a sleek and efficient design that reduces drag and energy consumption. This innovation translates into improved
fuel efficiency, reduced emissions, and overall cost savings for mining companies.
Beyond its air suspension wheels, Global Air Cylinder Wheels has developed revolutionary designs that address the specific needs and challenges of mining operations. Their designs focus on perfecting efficiency, enhancing safety, and minimising environmental
impact. By integrating innovative technologies and materials, such as lightweight alloys and advanced tire compounds, Global Air Cylinder Wheels is transforming the way mining equipment works.
To drive innovation Global Air Cylinder Wheels invests heavily in research and development, harnessing the latest advance-
ments in technology. By embracing emerging technologies such as IoT, data analytics, and automation, the company continuously enhances its mining solutions. These technologies ease real-time monitoring, predictive maintenance, and perfected operational performance, resulting in improved efficiency and cost-effectiveness.
In addition to technological advancements, Global Air Cylinder Wheels is committed to supplying innovative mining solutions that prioritise sustainability and environmental responsibility. By reducing equipment maintenance and improving tire longevity, their air suspension wheels contribute to lower energy consumption and reduced waste. This commitment aligns with the mining industry.
Dr. Zoltan Kemeny has redefined the mining industry with his visionary leadership and innovative solutions. GACW’s revolutionary air suspension wheels, driven by innovative technology and sustainable design, have transformed mining operations, enhancing efficiency, safety, and environmental responsibility. Kemeny’s unwavering commitment to innovation and sustainability ensures that GACW continues to pioneer a way forward in the mining sector, leaving an indelible mark on the industry’s future. Their mission is to supply sustainable solutions that increase productivity, recovery, and flexibility throughout the mining operations. Pioneering in the field of air suspension wheels for OTR mining vehicles and this has a strong potential to grow and expand its market share globally. With its innovative technology, experienced leadership and dedicated team, GACW is poised to revolutionise the mining industry and create a positive impact on society and the environment.
GHANA CHAMBER OF MINES
GHANA CHAMBER MINES
GHANA CHAMBER OF MINES ADVOCATING FOR RESPONSIBLE AND ETHICAL MINING PRACTICE
Project by: Malvern Kandemwa
Words by: Michelle Duncan
The Ghana Chamber of Mines (GCM) is the primary association representing the interests of the mining industry in Ghana. Established in 1928, it serves as a voluntary private sector organization for companies involved in mineral exploration, production, and processing. The Chamber plays a crucial role in advocating for the
mining sector, providing strategic support, and fostering collaboration between its members and the government.
The Chamber’s mission is to represent the mining industry in Ghana by addressing the needs of its members, government, and communities, while promoting sustainable development. Its core values include transparency, good governance, and corporate citizenship. Over the years, the Chamber has contributed significantly to Ghana’s economic development, par-
ticularly through initiatives like the Ghana Chamber of Mines Tertiary Education Fund, which supports human resource development in the mining sector.
The Chamber’s activities are funded by its member companies, which account for the majority of Ghana’s mineral production, including gold, bauxite, manganese, and diamonds. It continues to be a respected voice in the global mining arena, advocating for responsible and sustainable mining practices.
The Chamber’s main objectives include advocating for favourable policies and regulatory frameworks, promoting best practices in the mining industry, and fostering socio-economic development. It achieves these goals through active engagement with its members, which include gold, diamond, bauxite, and manganese producers, as well as exploration companies and service providers. Members of the Chamber contribute a sizable part of Ghana’s export earnings and tax revenue, making mining a cornerstone of the national economy.
One of the Chamber’s notable initiatives is the Ghana Chamber
of Mines Tertiary Education Fund, which aims to build local capacity by supporting education and research in mining-related fields. This investment in human capital development ensures that Ghanaians are well-equipped to lead and sustain the mining sector in the future.
The Chamber also prioritizes corporate social responsibility (CSR) by encouraging its members to invest in local communities. Member companies undertake projects in areas such as healthcare, education, and infrastructure, directly benefiting communities in mining regions. These efforts not only enhance the industry’s social
license to operate but also contribute to national development goals.
As a recognized advocate for responsible and sustainable mining, the Chamber is an influential player not just within Ghana but on the global stage. It participates in international forums and engages with global partners to promote the country’s mining potential while emphasizing environmental stewardship and social responsibility. This dual focus ensures that Ghana’s mining industry remains competitive, impactful, and aligned with modern sustainability standards.
Michael Edem Akafia, President of the Organisation serves as an influential figure within the Ghana Chamber of Mines, which stands for the mining industry in Ghana and advocates for the interests of its members. With an extensive background in the mining and natural resources sector, Michael brings a wealth of knowledge and experience to his role, contributing significantly to the development and promotion of sustainable mining practices in Ghana.
Michael Edem Akafia possesses a solid educational foundation and professional experience in the fields of mining, environmental management, and corporate governance. His academic credentials include degrees and certifications related to mining engineering and management, which have equipped him with the technical expertise and strategic insight necessary for his role at the Chamber.
Before joining the Ghana Chamber of Mines, Michael Edem Akafia the current Vice President of External Affairs at Gold Fields West Africa. He joined Gold Fields in 2010 and became the Vice President and Head of Legal and Compliance in March 2015. He played a key part in the execution of many mining sector projects including a seminal role in unlocking the US$1.4 billion Damang Mine Reinvestment Project, the multi-million-dollar 66MW embedded power plant for the Tarkwa Gold Mine, the 25.5MW embedded power plant at the Damang Gold Mine and US$1.2billion outsourced mining contracts to Ghanaian mining contractors.
He has a multi-disciplinary background in law, economics, tax, and finance and was licensed by Ghana’s Securities and Exchange Commission in 2009 as an Investment Advisor’s Representative and was admitted by the Chartered Institute of Taxation as a Tax Practitioner in 2016, licensed by the National Pensions Regulatory Authority as pensions funds trustee in 2014 and the Registrar of Companies as an Insolvency and Restructuring Advisor in 2023. He was also appointed a notary public by the Chief Justice in 2022. His career trajectory reflects a deep commitment to advancing the mining industry while addressing critical issues such as environmental sustainability and community engagement.
Michael Edem Akafia, President, GCoM
The future of the Ghana Chamber of Mines looks promising as it continues to adapt to the evolving needs of the mining industry and Ghana’s economy. The Chamber is focused on promoting sustainable mining practices, enhancing local participation, and advocating for policies that support the industry’s growth. It has emphasized the importance of funding the Ghana Geological Survey Authority to facilitate comprehensive resource assessments, which would help de-risk mineral deposits and attract strategic partnerships.
Additionally, the Chamber is committed to addressing challenges such as illegal mining and environmental degradation. It supports initiatives aimed at protecting Ghana’s forests and water bodies, ensuring that mining activities align with sustainability goals. The Chamber has also called for a legislative framework for managing mineral revenues, like the Petroleum Revenue Management Act, to ensure transparent and effective use of resources.
By fostering collaboration between stakeholders, investing in local capacity building, and advocating for responsible mining practices, the Ghana Chamber of Mines is well-positioned to contribute to Ghana’s economic development and maintain its leadership role in the global mining sector.
FIND OUT MORE ABOUT GHANA CHAMBER OF MINES
FERREXPO
FERREXPO
FERREXPO PLC
A LEADING PRODUCER OF HIGH-GRADE IRON ORE PELLETS
Project by: Malvern Kandemwa
Words by: Michelle Duncan
Lucio Genovese, Interim Executive Chair of Ferrexpo
Ferrexpo Plc was founded in 1960 and has deep roots in Ukraine’s mining industry. The company’s primary focus is on the production of high-quality iron ore pellets, which are used in the steelmaking process. Ferrexpo operates primarily in the Poltava mining and processing complex, one of the largest iron ore deposits in the world. With extensive mining reserves and a resolute workforce, Ferrexpo has become a key player in the global iron ore market. One of the driving forces behind this success has been its visionary leadership with the recent appointment of Lucio Genovese as Interim Executive Chair. With his experience in the mining industry, Genovese brings valuable expertise and leadership to the company. Mr. Genovese has extensive experience and expertise in the mining and commodity
trading sectors, as well as in corporate finance and governance. He is the CEO of Nage Capital Management, a Swiss based investment firm and a Chartered Accountant. Mr Genovese will lead the Group until a permanent CEO is appointed and will oversee the implementation of the Group’s strategic priorities and growth plans. His appointment demonstrates Ferrexpo’s commitment to strengthening its leadership team and ensuring a smooth transition into the future.
Ferrexpo stands as a beacon of leadership and innovation in Ukraine’s mining sector. With a remarkable blend of innovative technology, unwavering commitment to sustainability, strategic partnerships, and a visionary outlook, Ferrexpo has not only transformed its operations but has also set a benchmark
for the industry at large. Its operations in Ukraine have been resilient despite the challenges posed by the ongoing conflict with Russia. They kept its production and sales volumes, while ensuring the safety and well-being of its workforce and communities. Ferrexpo has also supported humanitarian and social initiatives in Ukraine, such as providing medical equipment and supplies to hospitals, donating food and hygiene kits to internally displaced people, and funding educational and cultural programs.
TECHNOLOGY TRANSFORMATION
In June 2007, Ferrexpo plc was listed on the London Stock Exchange, producing 8.6 million tonnes of iron ore pellets in the year prior to listing. Since then, the company has invested over US$3 billion in expanding and modernising its production base and coordination network. In 2011, the company opened its second iron ore mine, the Yeristovo mine, which is found north of its main
iron ore mine, the Poltava iron ore mine. In 2020, the company added two new products to its portfolio: higher grade iron ore pellets grading 67% Fe, and high-grade commercial concentrate, also grading 67% Fe. These products enable the company to access new markets and customers that demand higher quality and lower carbon intensity.
The journey towards technology transformation has been nothing short of remarkable. Embracing
modernization, the company has integrated advanced technologies into its mining operations, redefining efficiency, and safety. Ferrexpo has always been at the forefront in terms of adopting advanced technologies and transforming its operations. The company’s technology transformation efforts focus on enhancing mining efficiency, improving product quality, and ensuring a safe working environment. Through the integration of automation, digital solutions, and data analyt-
ics, Ferrexpo has significantly increased operational productivity and perfected its supply chain. By using autonomous haulage systems and real-time monitoring. Ferrexpo has achieved greater efficiency and accuracy in its mining processes. The company’s commitment to technology-driven innovation has not only improved its operational performance but also positioned it for long-term sustainability.
Its ultramodern mining fleet, equipped with sophisticated sensors and connectivity, enables real-time data collection. This data is then analysed to perfect production processes, leading to higher yields and cost reductions. The implementation of innovative drilling and blasting technologies has not only increased ore recovery rates but also minimised environmental impact. The use of automated equipment, data analytics, and digital communication systems has elevated productivity while minimising risks associated with manual labour.
SUSTAINABILITY
Ferrexpo understands the importance of sustainable mining practices in protecting the environment and contributing positively to local communities. Their commitment to sustainability is woven into the fabric of its operations. The company has implemented a range of sustainability initiatives to minimise its environmental impact. It Is also dedicated to resource conservation, carbon footprint reduction, and biodiversity preservation. Through investments in renewable energy sources, waste management systems, and water conservation programs, committed to reducing its environmental footprint and running responsibly.
The company’s investment in waste reduction and recycling initiatives proves its dedication to reduce waste generation and promote circular economy principles. Its responsible mining practices prioritise environmental conservation, community engagement, and social welfare. By adhering to strict environmental standards, mitigates its ecological -
tion, Ferrexpo’s community development programs, focusing on education and healthcare, underscore
STRATEGIC PARTNERSHIP
Ferrexpo has forged strategic partnerships with renowned industry leaders, such as Zeppelin International, a global equipment solutions provider. This collaboration has been instrumental in driving Ferrexpo’s technological advancements, sustainability endeavours, and operational excellence. Through strategic partnerships, Ferrexpo gains access to innovative technology and tools that ensure safer and more efficient operations. Moreso, industry expertise and market insights, enabling the company to stay ahead of the competition and deliver value to its stakeholders. These partnerships foster a culture of innovation paving the way
for knowledge exchange and skill development, enabling its workforce continuous improvement, working and remaining at the forefront of mining technology.
EXPANSIONS AND GLOBAL REACH
Ferrexpo’s expansion initiatives have not only helped grow its market presence but also underscore its commitment to long-term success. The company has actively pursued growth opportunities through targeted investments in new mining projects and expanding its global footprint. Such forward-thinking strategies are aligned with Ferrexpo’s vision for the future, which revolves around sustainable growth, technological advancements, and con-
tinued success as a responsible mining company. By embracing modern technologies, cultivating strategic partnerships, and implementing sustainable practices, Ferrexpo is poised to remain a leader in the industry and contribute to the development of a sustainable mining sector.
Ferrexpo’s success extends beyond its borders, with the company’s commitment to growth clear in its expansion initiatives. By diversifying its geographical presence and entering new markets, Ferrexpo has set up itself as an international mining powerhouse. The expansion not only strengthens the company’s market position but also contributes to regional economic development and employment generation.
“With nearly a century of sustainable innovation, Caterpillar has a legacy of providing products and services that continually improve the quality of life and the environment by helping our customers fulfill society’s need for infrastructure in a sustainable way. The world is transitioning toward a lowercarbon future, and Caterpillar supports efforts to mitigate climate change. We are making significant progress to reduce greenhouse gas (GHG) emissions from our operations, and our customers rely on Caterpillar to provide a diverse portfolio of products, services and solutions that lower GHG emissions, improve efficiency and productivity, and deliver energy flexibility”, Jim Umpleby, Caterpillar Inc. Chairman & CEO says.
This year, Caterpillar released a Sustainability Report which included 2022 Sustainability highlights and progress of 2030 Sustainability goals released in 2021.
Among achievements highlighted in Report there are:
33% reduction in Scope 1 + 2 greenhouse gas emissions from 2018.
17% improvement in recordable injury frequency from 2018.
14 Employees Resource Groups (ERGs) building community, belonging and experiences to support development.
Nearly $900M invested by the Caterpillar Foundation over the last 70 years.
• 100% of new products introduced reduced waste, improved design for rebuild/remanufacturing, lowered emissions or improved efficiency from the previous generation.
140M lbs of material taken back through Cat Reman.
• Successful demonstration of first battery electric 793 large mining truck prototype, complementing our innovative portfolio of products and services designed to help its customers achieve their climaterelated goals.
Demonstration of its first battery electric 793 large mining truck prototype was a part of a growing portfolio of innovative electrified solutions with support from
key mining customers participating in Caterpillar’s Early Learner program. A primary objective of the program is for Caterpillar to collaborate more closely with customers as the industry undergoes transformational change through the energy transition.
The main milestones of a Caterpillar’s battery electric mining truck accelerated development strategy:
2024 Product and technology validation / Refine requirements / Process development
2025 Fleet optimization / Validate production intent / Infrastructure learnings
• 2027+ Full production capabilities / Site integration
Over the past 20 years, Caterpillar has invested more than $30 billion in R&D to deliver best-in-class innovation, including autonomy, alternative fuels, connectivity and digital, and electrification (AACE) technologies.
As a result, Caterpillar leads the industry in autonomy. It has the largest autonomous truck fleet in the world, with over 580 machines and more launching every year. Autonomy drives operations consistency for our customers — resulting in zero reported lost-time injuries, productivity improvement of up to 30% over staffed fleets, enhancing fuel efficiency, and reducing associated GHG emissions. Today, its autonomous portfolio goes beyond haul trucks to include water trucks, drills, dozers, wheel loaders and underground loaders.
Alternative Fuels is another focus for Caterpillar because fuel choice is one way that customers can reduce lifecycle GHG emissions today. Many Caterpillar products operate on lower-carbon intensity fuels, including biodiesel, renewable diesel and biogas. These fuels reduce lifecycle GHG emissions in the fuel value chain; GHG emissions at the tailpipe are essentially the same as traditional fuels.
Caterpillar will enable our customers to achieve their climate-related goals as they build a better, more sustainable world. Collaboration is key. Caterpillar will continue to work alongside its customers to identify their challenges, understand their requirements and deliver solutions that help them be successful today and into the future.
Together with its partner Caterpillar, Zeppelin is focused on energy and
emissions reduction in our own business, and helping customers to decrease their carbon footprints through machinery and power solutions that contribute to lowering greenhouse gas emissions. Sustainability is one of the core values of Zeppelin and Caterpillar. We strive to balance environmental management, social responsibility, and economic growth - and help our business partners do the same.
Despite the tragic events continuing to occur in Ukraine, Caterpillar continues to fulfill its obligations and deliver equipment and spare parts as well as Zeppelin Ukraine continues providing professional service at a high level in the shortest possible time and is improving quality in a continuous process. Genuine spare parts top service fill throughout the warehouse’s network in the country allows providing an uninterrupted supply to our customers even in current unstable situation in Ukraine.
Together with providing top level service for our customers, Zeppelin Ukraine is also involved in social help events and donating to funds helping Ukrainian people in need with the bare necessities.
Caterpillar Inc. With 2022 sales and revenues of $59.4 billion, Caterpillar Inc. is the world’s leading manufacturer of construction and mining equipment, offhighway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives.
“Zeppelin Ukraine TOV” LLC is an exclusive official dealer on the Ukrainian market of the worldwide company Caterpillar. It is a part of the Zeppelin group of companies, as it operates in 220 branches around the world with a staff of over 10,000 and reach sales of 3.8 billion EUR in 2022 financial year. A wide range of products, as company propagates, helps customers to complete the task, whether it be folding - from earthworks to electric supply of the prompted object. In line with Cat® technology, which is used in everyday life, heating, oil and gas and lumber industries, we offer a wide range of Cat® diesel and gas engines, systems and generators Cat®. zeppelin.ua
VISION FOR THE FUTURE
Ferrexpo Plc leadership in technology transformation, sustainability, and strategic partnerships has set it apart in the mining industry. The company’s commitment to innovation, alongside its efforts to minimise its environmental impact, positions them as a responsible and forward-thinking organisation. Through strategic partnerships with industry leaders like Zeppelin, Ferrexpo has access to the latest technologies, industry expertise, and market insights, ensuring its continued success. As it continues to expand and evolve, its sharp vision for the future revolves around sustainable growth, technological advancements, and a commitment to responsible mining practices.
As a leading producer of highgrade iron ore pellets that has a long and successful history and a promising future. The company operates in a challenging but
rewarding market, where it leverages its competitive advantages and opportunities to create value for its customers and stakeholders. The company is also committed to working in a safe, sustainable, and ethical manner, while contributing to the development and well-being of its host country, Ukraine. The vision outlook is centred on sustainable growth and innovation. The company aims to further optimise its operations through the integration of advanced AI and automation technologies. This vision aligns with Ferrexpo’s dedication to maintaining environmental integrity while achieving higher levels of efficiency and is well-positioned to achieve its goals and aspirations.
CALIBRE MINING
CALIBRE MINING
THE CALIBRE MINING CORP: PIONEERING A SUSTAINABLE FUTURE IN NICARAGUA
Project by: Malvern Kandemwa Words by: Michelle Duncan
Calibre Mining Corp has emerged as a leading player in the mining industry, driven by its visionary leadership, innovative technologies, improved infrastructure development, and unwavering commitment to sustainability. Under the guidance of Vice President of Sustainability, Petri Salopera, the company has undergone a remarkable transformation, setting new standards for responsible mining practices, and making significant contributions to the
socio-economic development of Nicaragua.
The origins of Calibre Mining Corp can be traced back to the late 19th century when intrepid explorers began venturing into untapped regions in search of mineral wealth. In the heart of Nicaragua, where lush forests and rugged terrain concealed hidden treasures, these early pioneers laid the foundation for the company’s future endeavours.
The exploration was arduous, with prospectors facing daunting challenges and geographical obstacles. However, their unwavering determination set the stage for what would become Calibre Mining Corp.
Calibre Mining Corp’s La Libertad mine, Nicaragua
The year 2019 marked a watershed moment in the company’s history. Two respected mining companies, B2Gold and Calibre Mining Corp, joined forces in a strategic merger. B2Gold contributed its Limon and La Libertad gold mines, the Pavon Gold Project, and other assets, while Calibre brought in its 100% interest in the El Limón and La Libertad mines, the Amalia Project, and several exploration properties. This merger created a formidable mining entity, poised for sustainable growth and profitability.
Vice President Petri Salopera has been the driving force behind Calibre Mining Corp’s exceptional growth and sustainability-focused approach. With years of experience in the mining industry,
Salopera has displayed remarkable vision and leadership skills in guiding the company towards success. His commitment to operational excellence, inclusive growth, and environmental stewardship has facilitated Calibre Mining Corp’s rise as a responsible mining conglomerate.
Calibre Mining Corp’s operations in Nicaragua have made significant contributions to the country’s economic development and local communities. With a focus on discovering and developing high-quality gold deposits, the company has played a pivotal role in harnessing the country’s mineral resources in a sustainable manner. By adhering to rigorous environmental standards and
granting priority to the welfare of the local inhabitants, Calibre Mining Corp has exemplified how responsible mining can generate positive socio-economic impacts.
Petri Salopera, Vice President, Calibre Mining
Specialists in developing Safe Mining Operations, with Quality, Social and Environmental Responsibility.
Canchanya Ingenieros S.R.L. Peruvian company established in 1993, specialist in the comprehensive execution of underground atnd open pit mining operations.
We are a company with a presence in mining projects in the stages of Development, Preparation and Exploitation of Mines, working with the best international standards.
We operate in Peru and Nicaragua with international certification: ISO45001, ISO14001, ISO9001.
Calibre Mining Corp has embraced cutting-edge technologies to maximise operational efficiency, minimise environmental impact, and improve worker safety. The integration of automation, artificial intelligence, and advanced data analytics has revolutionised the mining process, enabling Calibre Mining Corp to extract minerals with precision and in an environmentally conscious manner.
Furthermore, some of the technologies that the company uses include drone technology, geophysical surveys, and digital platforms. Through technology integration, Calibre Mining Corp has streamlined operations, increased accuracy, and reduced downtime, resulting in improved productivity and cost-efficiency. By reducing the ecological footprint, the company has set a new benchmark for sustainable mining practices in the industry.
IMPROVED INFRASTRUCTURE DEVELOPMENT
An essential aspect of Calibre Mining Corp’s success is its dedication to improving infrastructure in the regions it operates. Recognizing the significance of robust infrastructure for socio-economic progress, the company has invested in building and upgrading transportation roads, networks, bridges, and other essential facilities. The investments in modern equipment and Infrastructure Development enhances transportation and logistical capabilities, Calibre Mining Corp ensures the smooth movement of minerals from the mine site to processing facilities and ultimately to the market. Improved infrastructure strengthens the company’s competitive edge and positions it for sustainable growth.
Explotec Central America
Explotec, is a leading company with more than 20 years of experience in the Central American region, focused on providing drilling, blasting and sales services of industrial explosives.
Explotec together with 12 other companies that make up the group, have been part of a network of strategic allies to create integral solutions in mining projects in countries such as Nicaragua, Honduras, Costa Rica, Panama and El Salvador with the guarantee, commitment and efficiency required in any of the challenges that are presented to us. We offer a portfolio that includes high-tech construction equipment, lubricants, drilling steels, explosives, high performance mining equipment.
We provide drilling and blasting services with specialized professionals to execute these tasks in any project: mines, roads, tunnels, demolitions, placement of anchors, soil consolidation, and waterproofing injections. Explotec has carried out, with great success, rock fragmentation projects with the use of industrial explosives, explosion retardants and expansive cement. In addition to all the above, our services extend to the transfer of explosives, with adequate transport, personnel, and security to mitigate any type of risk.
All the above could not be possible without our state-of-the-art
equipment for mining and the most important civil works in the region. We have large drilling rigs, with diameters from 3” to 5.5” (efficiency in open pit mines). We are representatives of the brands BBURG, ENAEX, AUSTIN POWDER, ROBIT, MINCON, ETKEN, MONARK.
Our most important clients in recent years have been:
1. Calibre Mining Corp (Mina el Limon, Mina Pavón, Mina BOROSI, Santo Domingo)
2. Mako Mining Corp. San Albino Mine - Nicaragua
3. Lafarge-Holcim – Nicaragua / El Salvador / Honduras / Costa Rica
4. Constructora Meco – Nicaragua, Costa Rica, El Salvador.
5. Mina Mochito. - Honduras
6. Pedregal – Costa Rica
7. Western Minerals - Honduras
In our company we have built the reputation of offering the best goods and services in the market, without forgetting corporate social responsibility, a principle promoted in recent years to contribute to social progress and the welfare of the public interest.
The professional excellence of the staff extends to the planning of drilling
and blasting designs, which allows to optimize the exploitation and operation processes, delivering quality and efficient work.
Explotec is licensed as a training centre for the use and handling of industrial explosives, which is issued by the Directorate of Arms, Explosives and Ammunition (DAEM). All our operations have occupational health and safety licenses issued by the Ministry of Labor, respecting national and international regulations.
At Explotec we recognize that our role in society must transcend business, assuming a leadership role as dynamic agents of the sustainable development of the nation. Our interest is to form an executive culture based on values, principles, and ethics. We motivate and encourage our staff to meet their objectives in the most efficient way.
For more information about products and services visit: explotec.net
SUSTAINABILITY AND ENVIRONMENTAL STEWARDSHIP: A CONTINUING JOURNEY
Calibre Mining Corp has doubled down on its commitment to sustainability and environmental stewardship and its commitment to sustainability extends beyond the mining processes and infrastructure development. The company actively seeks to minimise its environmental impact through land reclamation, biodiversity restoration, and water management projects. Furthermore, recognizing the importance of harmonious coexistence with local communities, the company has initiated numerous initiatives aimed at fostering positive relationships by implementing comprehensive social responsibility programs addressing healthcare, education, and local employment, thereby building strong relationships with the communities it operates in. This commitment to responsible mining practices aligns with its dedication to sustainability and environmental stewardship.
THIS COMMITMENT TO RESPONSIBLE MINING PRACTICES ALIGNS WITH ITS DEDICATION TO SUSTAINABILITY AND ENVIRONMENTAL STEWARDSHIP.
THE FUTURE: A GLIMPSE OF PROMISE
As Calibre Mining Corp looks ahead, its history serves as a foundation for a promising future and a testament to the enduring spirit of exploration, discovery, and responsible resource extraction. From its humble beginnings as intrepid prospectors venturing into uncharted territories to its present-day status as a dynamic mining entity, Calibre’s journey is a remarkable tale of evolution and growth. As it continues to forge ahead, guided by a commitment to sustainability and innovation, Calibre Mining Corp exemplifies the potential of the mining industry to shape a future that is both prosperous and responsible. With a portfolio of proven gold-producing assets, a commitment to sustainability, and a dedication to innovation, the company is well-positioned for continued growth and success. The challenges of the past have fortified Calibre, equipping it to navigate the complexities of the mining industry with resilience and determination.
KAMOA COPPER
KAMOA COPPER SA
KAMOA COPPER SA
A DEEP DIVE INTO AFRICA’S LEADING COPPER MINE & THE LEADERSHIP OF CHAIRMAN BEN MUNANGA
Project
by:
Malvern Kandemwa
Words by: Michelle Duncan
Kamoa Copper S.A. is a leading mining company operating in the Democratic Republic of Congo (DRC). It is a joint venture between Ivanhoe Mines, Zijin Mining Group, Crystal River Global Limited, and the Government of the DRC. The company is renowned for its Kamoa-Ka -
kula Copper Complex, which is one of the world’s largest and highest-grade copper mining operations. Located in the Central African Copperbelt, the complex is approximately 25 kilometers west of Kolwezi and 270 kilometers west of Lubumbashi.
Kamoa Copper has achieved significant milestones since its inception. The company began copper concentrate production in May 2021, with commercial
operations starting shortly after. Its phased expansion strategy has been transformative, with the completion of the Phase 3 concentrator in 2024 boosting annual production capacity to approximately 600,000 tonnes of copper. This positions Kamoa Copper as one of the largest copper producers globally and the largest on the African continent. The company is also constructing Africa’s largest copper smelter, which is expected to be operational by 2025.
Kamoa Copper is committed to sustainability and innovation. Its operations are powered by renewable hydroelectric energy, resulting in one of the lowest carbon footprints per tonne of copper produced globally. The company also emphasizes community development, investing in education, healthcare, and infrastructure to empower local communities.
Ben Munanga serves as the Chairman of the Board of Kamoa Copper S.A. He brings over 30 years of expertise in electrical engineering and energy management to
his role. Ben is also the President of Ivanhoe Mines Energy DRC, where he oversees critical energy projects in partnership with the DRC’s national power utility, SNEL. His career includes leadership roles at Eskom, South Africa’s national power utility, and advisory positions in the mining sector.
As Chairman, Ben Munanga provides strategic direction for Kamoa Copper, particularly in energy initiatives that are crucial for sustainable mining. He has been instrumental in modernizing the Mwadingusha hydroelectric power station, enhancing energy effi-
ciency and reducing environmental impact. Ben is also an advocate for responsible mining practices and regional energy policy, demonstrating his commitment to advancing sustainable development in Africa’s mining and energy sectors. His leadership has set new standards for innovation and responsibility within the industry.
Under his guidance, Kamoa Copper has embraced transformative initiatives, including the Kipaji Development Programme, which focuses on upskilling Congolese nationals. The company has also
Ben Munanga, Chairman, Kamoa Copper
partnered with Deloitte Africa and Anaplan to implement advanced financial planning solutions, enhancing operational efficiency and shareholder value. Kamoa Copper has rapidly grown into one of the world’s most important high-grade copper mining operations, setting benchmarks in technology, supply chain management, and infrastructure development. Kamoa Copper leads the charge in sustainable mining practices, powered largely by renewable hydroelectric energy. It has achieved one of the lowest carbon footprints per tonne of copper produced globally. The company actively invests in community development, supporting education, healthcare, and infra-
structure projects to uplift surrounding communities and promote socio-economic growth.
Infrastructure advancement is a cornerstone of Kamoa Copper’s operations. The completion of the Phase 3 concentrator in 2024 marked a major milestone, increasing annual copper production capacity to approximately 600,000 tonnes. This expansion includes two new underground mines, Kamoa 1 and Kamoa 2, and an ultramodern concentrator plant. The added processing capacity ensures that Kamoa Copper remains one of the largest copper mining complexes globally. The company is constructing Africa’s largest copper smelter, set to be
operational by 2025, which will significantly enhance copper production capabilities while keeping environmental standards. This facility will have a nameplate capacity of 500,000 tonnes per year of approximately 99%-pure blister copper. The smelter incorporates advanced technology to ensure high efficiency and environmental compliance.
Furthermore, the company has modernized the Mwadingusha hydroelectric power station and partnered with the Inga II hydropower project to secure sustainable electricity for its operations. These initiatives not only reduce carbon emissions but also provide reliable energy for future expansions.
Established in 2019, Degrita Holding is on a mission to become the leading provider of the highest quality engineering solutions in Democratic Republic of the Congo (DRC).
Partnering with the likes of GE Grid Solutions, AEC Energy solutions, DesSoft - Design Software, Siemens, Schneider Electric, and Watericon LTD, in the last five years the engineering services business has completed 502 successful projects.
Included in these projects is its work for Kamoa Copper, in which it has provided a variety of valuable services including supply and installation of lightning system protection, earthing of electrical circuits, maintenance service of generators, and oil purification of HV transformers.
In addition, it has provided a variety of sustainable solutions to Kamoa Copper, including supply and installation of solar electric power systems, commissioning of chlorine dioxide drinking water disinfection, maintenance of sewage treatment systems, and analysis of dissolved gas of transformers.
Full Spectrum Service Provider
Amongst its capabilities, Degrita Holding’s skilled and experienced team can provide maintenance of industrial equipment, installation of CCTV cameras, supply chain management, and consultancy services.
Considered an industrial engineering partner, its partnerships are often aimed at improving operational efficiency, innovating product or process design, and staying competitive in the marketplace.
Setting itself apart from competitors, Degrita Holding ensures that it is always up to date with the latest technological advances in engineering, helping to improve its efficiency, quality, and competitiveness.
In addition, it emphasises customer service, ensuring to always listen to its customers’ specific needs and tailoring its solutions accordingly. A valuable service, Degrita Holding implements robust project management processes to ensure on-time, on-budget delivery.
“We understand that a customer-centric approach can foster loyalty and referrals,” the business said.
Underpinning its projects is Degrita Holding’s strong, values-based culture which “focuses less on what we do, and more on how we do it”.
Shared Success
The business’ culture strives for “Shared Success”. This is achieved by developing high performing teams that are aligned to Degrita Holding’s vision and values.
“Shared success is dependent upon strong professional relationships and having genuine conversations,” said the business, “We know that if we succeed, then all our valued clients, partners, and shareholders also succeed. This integrated approach begins with our people and the belief that together we can develop trusting relationships with all stakeholders to achieve long-term mutual goals”.
Degrita Holding’s has made significant investment into employee safety to achieve its goal of reducing lost time to injuries, which has been achieved successfully and consistently.
In addition, the business has been awarded ISO 9001 Quality Management Systems, ISO 45001 HSE Management Systems, ISO 31000 Risk Management, and ISO 14001 Environmental Management. Further highlighting its commitment to its team, Degrita Holding’s is committed to the ongoing professional development of its colleagues.
“Engineering is constantly evolving, and well-trained teams are essential to remain competitive, so we’re always committed to providing development,” it said.
In turn, its customers are always receiving the most up-to-date engineering solutions.
Charles D. Kabulo, Degrita Holdings CEO
Kamoa Copper has signed an agreement to use the upgraded Lobito Atlantic Railway Corridor for transporting its products. This railway reduces transportation costs and carbon emissions, aligning with the company’s sustainability aims contributing to operational sustainability. The company is implementing logistics strategies that improve the movement of goods and materials. This includes better planning of transportation routes and schedules, which can lead to reductions in operational delays and increased overall effectiveness. The company employs innovative tailings management practices, with approximately 55% of tailings being pumped back into the underground mines as backfill. This approach minimizes the surface footprint and environmental impact of its operations. These infrastructure upgrades reflect Kamoa Copper’s commitment to innovation, sustainability, and operational excellence. By investing in advanced technologies and sustainable practices, the company is setting new benchmarks for the mining industry in Africa and beyond.
Kamoa Copper’s commitment to upgrading its operational infrastructure reflects its long-term vision for efficiency, sustainability, and safety. By focusing on transportation improvements, modern processing facilities, energy efficiency, water management, safety, and digital transformation, Kamoa Copper positions itself for continued success in the competitive mining industry. The enhancements not only aim to boost production ability but also ensure that the operations are compliant with environmental standards and contribute positively to the local community and economy.