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FINANCE

Beacon Hill targets approval of $20m senior debt by Q3

Beacon Hill's Minas Moatize mine Aim-listed Beacon Hill Resources was prioritising the final approvals for a proposed $20-million in senior debt, to be used to expand its Minas Moatize wash plant, in Mozambique, to 3.2-million tons a year from the current 1.8-million tons a year....
19th August 2014
 
DIVERSIFIED MINER

BHP plans to spin-out assets in new mining co

Andrew Mackenzie Mining giant BHP Billiton on Tuesday announced plans to demerge its aluminium, coal, manganese, nickel and silver assets into an independent metals and mining company. Chairperson Jac Nasser said the proposed demerger, if implemented, would...
19th August 2014
 
DIVERSIFIED MINERS

Major South African assets fail to make cut in BHP Billiton portfolio remake

BHP Billiton CEO Andrew Mackenzie Major South African asset classes have failed to make the cut in BHP Billiton’s latest portfolio remake announcement. Aluminium and manganese have been excluded by implication in BHP Billison's selection of iron-ore, copper, coal – with...
15th August 2014
 
COAL

Indian company to rapidly increase production at Mozambique mine

Indian State-owned overseas coal mining group International Coal Ventures Limited (ICVL) has reported that it plans to triple production at its soon-to-be acquired Benga mine in Mozambique over the next three years. The company recently agreed a...
15th August 2014
 
EDITORIAL INSIGHT

Indians to up Mozambique coal output, new software enhances blast success, Mintek to host analytical symposium

Intensidfied coal mining in Mozambique; new blast software, analytical symposium at Mintek
15th August 2014
 
Exploration

Conference promotes African–Australian mining collaboration

NETWORKING
Africa Down Under 2014 is set to be even bigger than last year’s conference, and will affirm its reputation as the best melting pot for business conducted between Africa and Australia
Promoting investment in African mining exploration, establishing partnerships between mining companies and encouraging collaboration between Australia and Africa will be the focus of this year’s Africa Down Under Conference, which will take...
8th August 2014
 
COAL

Junior raises cash for Botswana coal, power project

Botswana- and Mauritius-listed junior Shumba Coal Resources has raised $2.2-million, which it intends to be invested in its Botswana coal mining and energy project. The Sechaba coal and power generation project is aimed at exporting coal to India...
8th August 2014
 
COMMINUTION SOLUTIONS

Metso aiming to expand African footprint

CRUSHING AND SCREENING
Metso Minerals manufactured a 300 t/h crushing and screening plant to Mozambique-based construction company JRC Construction (JRC – Construções e obras púiblicas, SA) last year
With a well-established and strong presence in the African mining industry, comminution solutions company Metso Minerals South Africa, subsidiary of Finland-based Metso Minerals group, plans to further bolster and expand its presence in the...
8th August 2014
 
EDITORIAL INSIGHT

Poor coal productivity tackled, Vale’s Africa production rises, Botswana coal, power project

Angl American is pulling out all the stops to improve the productivity of its South African coal assets; Vale is doing well in Mozambique as Rio Tinto pulls out; a junior is raisng money to mine coal and produce power fro export from Botswana.
8th August 2014
 
Mining Services

UK company acquires SA valves supplier

SHAKING ON IT
CVT will be a key building block as EnerMech expands its valves business in Africa
As part of its R350-million investment programme aimed at establishing a significant presence in the African oil and gas sector, mechanical engineering group EnerMech has acquired Cape Town-based control valves supplier Control Valve Technology...
8th August 2014
 
COAL & COPPER

Vale’s African production rises, Rio Tinto sells Mozambique assets

Brazilian mining major Vale has reported a stronger performance by its Moatize coal operation in Mozambique during the second quarter of this year (2Q14) in comparison to the first quarter (1Q14). Vale’s Carborough Downs coal operation in...
8th August 2014
 
Corporate Profile

Zest WEG Group

The Zest WEG Group, a subsidiary of leading Brazilian motor and controls manufacturer WEG, is a South African company with a strong commitment to the development of the African region. Zest WEG is a leading supplier of low-, medium- and...
8th August 2014
 
 
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