Wednesday, April 24, 2019

Equipment sales remain under pressure

Plant equipment sales remained largely unchanged recording a decline of just 21 units over last year’s figure of 1455 machines sold during the third...

Aussies dominate Rio Tinto board

Rio Tinto has appointed Simon McKeon, another Australian citizen as an independent non-executive director. McKeon joins the board on 1 January 2019. “Simon’s appointment further...

De Beers acquire Peregrine Diamonds

De Beers Canada has entered into an agreement to acquire 100 per cent of the outstanding securities of Peregrine Diamonds, owner of the high...

Search for lead plaintiff on Rio Tinto case

New York based attorney, Joseph Klein of Klein Law Firm has put out a reminder to investors of a class action filed on behalf...

Moz coal assets come back to haunt former Rio Tinto CEO, CFO

The US Securities and Exchange Commission (SEC) has laid charges of fraud against diversified miner Rio Tinto and its former CEO Tom Albanese and...

Mota-Engil Group awarded contracts in Mozambique by Vale

Brazilian group Vale has awarded Mota-Engil Africa, a subsidiary of Portuguese group Mota-Engil, a contract for the supply of mining services worth US$445 million,...

Hencon Vactech adapt to service changing needs of the market

Hencon Group, a global supplier and manufacturer of special mobile equipment for heavy industries, which has subsidiaries in Mozambique, Russia and India vows to...

Pallinghurst eyeing LSE listing

South African company Pallinghurst within the UK, South Africa, Zambia and Mozambique has announced intentions to list on the London Stock Exchange (LSE). The JSE-listed...

Shandong Tianye buys more in Triton’s graphite projects

Chinese mining company - Shandong Tianye Mining has invested a further $1.23-million into Australian junior miner Triton Minerals’ graphite projects. Already the largest shareholder, the...

Mozambique and Yara International sign agreement for production of electricity and fertilizers

The Mozambican Ministry of Mineral Resources and Energy and Norwegian company Yara International on Monday in Maputo signed a memorandum of understanding for the...