Wednesday, April 24, 2019

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...

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...

Amid uncertainties African mining shows steady progress

Despite escalating trade wars keeping commodity prices in check as well as increased regulatory challenges across the continent generally, the mining team at Standard...

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...

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...

Gemfields achieves record sales price for lower-quality emeralds

Twenty-nine companies placed bids in Aim-listed Gemfields’ second auction of production from its 75%-owned Kagem mine, in Zambia, in the current financial year, with...

South Africa falls behind in new mine development

South Africa’s historically successful mining industry has crowded out the search and discovery of potential new mines, leaving in its wake a lack of...

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...

Caterpillar to invest $1bn in Africa over the next five years

US mining equipment manufacturer Caterpillar, its independent dealers and the Caterpillar Foundation are to invest $1-billion in business, education and training across Africa over...