| Industry | Explosives |
|---|---|
| Predecessor | African Explosives |
| Founded | 1896  |
| Headquarters | South Africa |
| Products | Explosives |
| Parent | AECI |
| Website | AEL website |
AEL Mining Services is a company based in Johannesburg. The company's principal activity is the manufacture of explosives. It serves the mining and construction industries throughout Africa. Its original name, African Explosives Limited, is abbreviated to AEL.
AEL was founded in 1896 at Modderfontein after gold was discovered at Witwatersrand.
It later expanded in the early 2000s. [1]
AEL Mining Services is linked to the AECI Group, a chemical company of South Africa. The company operates manufacturing facilities in Ghana, Mali, Tanzania, Ethiopia, Zambia, Zimbabwe and Botswana. Its stock is listed on the Lusaka Stock Exchange in Zambia.[ citation needed ]
The economy of Botswana is currently one of the world's fastest growing economies, averaging about 5% per annum over the past decade. Growth in private sector employment averaged about 10% per annum during the first 30 years of the country's independence. After a period of stagnation at the turn of the 21st century, Botswana's economy registered strong levels of growth, with GDP growth exceeding 6–7% targets. Botswana has been praised by the African Development Bank for sustaining one of the world's longest economic booms. Economic growth since the late 1960s has been on par with some of Asia's largest economies. The government has consistently maintained budget surpluses and has extensive foreign-exchange reserves.
Dynamite is an explosive made of nitroglycerin, sorbents, and stabilizers. It was invented by the Swedish chemist and engineer Alfred Nobel in Geesthacht, Northern Germany, and was patented in 1867. It rapidly gained wide-scale use as a more robust alternative to the traditional black powder explosives. It allows the use of nitroglycerine's favorable explosive properties while greatly reducing its risk of accidental detonation.
Zambia is a developing country, and it achieved middle-income status in 2011. Through the first decade of the 21st century, the economy of Zambia was one of the fastest-growing economies in Africa, and its capital, Lusaka, the fastest-growing city in the Southern African Development Community (SADC). Zambia's economic performance has stalled in recent years due to declining copper prices, significant fiscal deficits, and energy shortages.
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JSE Limited is the largest stock exchange in Africa. It is located in Sandton, Johannesburg, South Africa, after it moved from downtown Johannesburg in 2000. In 2003 the JSE had an estimated 473 listed companies and a market capitalisation of US$182.6 billion, as well as an average monthly traded value of US$6.399 billion. As of March 2022, the market capitalisation of the JSE was at US$1.36 trillion.
Kitwe is the third largest city in terms of infrastructure development and second largest city in terms of size and population in Zambia. With a population of 517,543 Kitwe is one of the most developed commercial and industrial areas in the nation, alongside Ndola and Lusaka. It has a complex of mines on its north-western and western edges.
AEL may refer to:
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The South African Railways Class 35-200 of 1974 is a diesel-electric locomotive.
FirstRand Limited, also referred to as FirstRand Group is the holding company of FirstRand Bank, and is a financial services provider in South Africa. It is one of the financial services providers licensed by the Reserve Bank of South Africa, the national banking regulator.
Mining in Zambia produces several minerals and is a critical part of the country's economy. Copper comprises 70% of Zambia's total export earnings, and the country produces about 20% of the world's emeralds. Mineral resources are distributed throughout the country. Zambia produced 763,287 metric tons of copper in 2022.
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Murray & Roberts Holdings Ltd. is a South African-based engineering and mining contractor. It is listed on the JSE Securities Exchange. The Group delivers its capabilities into three global primary market sectors the resources, industrial, energy, water and specialised infrastructure market sectors.
Zambia Sugar Plc is the largest sugar-manufacturing company in Zambia, with annual output in excess of 318,467 tonnes of crystalline sugar annually, as of November 2018. The company stock is listed on the Lusaka Stock Exchange under the symbol ZSUG.
Aveng is an international engineering led contractor focused on infrastructure, resources and contract mining and is listed on the Johannesburg Stock Exchange. Its origins lie in modest construction projects in South Africa, but Aveng now operates in engineering, infrastructure development, construction and contract mining across Australia, New Zealand & Pacific Islands, Singapore, Philippines, Indonesia, Malaysia and South Africa.
Chambishi is a town in Kalulushi District in the Copperbelt Province of Zambia. According to the 2021 Census its population stands at slightly above 11,000. It is located on the T3 Road between the cities of Kitwe and Chingola.
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