Wednesday, April 24, 2019

Major South African coal extension project on cards

A decision will be taken in the June quarter on go-ahead for the Klipspruit Life Extension coal project in Mpumalanga, which is said to...

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...

Nippon Steel & Sumitomo Metal may buy coal in Mozambique

Japanese steelmaker Nippon Steel & Sumitomo Metal is analysing the purchase of coking coal from Mozambique and other countries in an effort to offset...

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...

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...

Rubies from Mozambique sold at an auction in Singapore

A new auction of rubies mined in Mozambique held in Singapore allowed Montepuez Ruby Mining, Lda to obtain revenues of US$54.8 million, said the...

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...

Mozambique turns to IMF for emergency loan as Currency falls

Mozambique has turned to the International Monetary Fund for $286 million in emergency aid to help cushion the economy after the currency lost almost...

Delivering integrated power solutions for African projects

Integrated energy solutions provider Zest Energy, a member of the Zest WEG group, is set to hand over a power generation solution for Syrah...

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...