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Local Subsidiary
 
Coal

Power packs for Morupule colliery

Industrial gearbox designer, manufacturer and supplier Hansen Transmissions South Africa (HTSA), a local subsidiary of the Belgium-based Hansen Industrial Transmissions has successfully delivered 34 industrial gearboxes to the Morupule Colliery,...
4th November 2011
 
SKF South Africa

Company Announcement: SKF’s SONL Housings and lubrication for smoother conveying at leading mine PDF Available

Industrial gear technology and mechanical power transmission specialist, Hansen Transmissions South Africa, (local subsidiary of the Belgium based Hansen Industrial Transmissions) enlisted SKF South Africa’s engineering expertise and product...
17th October 2011
 
DIAMONDS

Botswana Diamonds to start Marange sample programme

Diamond exploration company Botswana Diamonds said on Monday that it would embark on a sampling programme in the Marange diamond area of Zimbabwe. Chairperson John Teeling said that the company would target a hard rock kimberlite similar to that...
5th September 2011
 
GOLD EXPLORATION

Niger hands gold licences to Canadian, Ghanaian firms

Niger has awarded a total of six gold exploration licences to two Canadian firms, Cassidy Gold and AMI Resources, and a third company from Ghana, according to a government statement. The prospecting licences are in the west of the mostly desert...
14th July 2011
 
PERU

Gold Fields boosts Cerro Corona stake

Johannesburg-based Gold Fields has increased its ownership of the Cerro Corona gold/copper mine in Peru to 98,5% from 80,7%, the company said on Monday. The firm paid $379-million for the additional shares, after making an offer to minority...
18th April 2011
 
SILVER

Coeur, Pan American rise after Thursday declines

Shares in Coeur d'Alene Mines and Pan American Silver both rose on Friday, clawing back some of the losses from a day earlier when the stocks rose on concern that the Bolivian government could expropriate mining operations. Coeur said in a...
15th April 2011
 
HEAVY MINERALS

Shabangu delays Xolobeni decision by one month to April 25

A decision on whether or not heavy mineral mining would proceed at Xolobeni on the Wild Coast was further delayed as the Mineral Resources Minister Susan Shabangu failed to meet a previously stipulated decision deadline of March 25. The Amadiba...
6th April 2011
 
EXPLORATION

Hunt Mining hopes to boost resource at Argentina project

TSX-V-listed Hunt Mining is drilling at its La Josefina project, in Argentina's Santa Cruz province, in the hopes of increasing the current mineral resource. Hunt's local subsidiary, Cerro Cazador, won a public bid to explore, develop and mine La...
28th March 2011
 
M&A

Kinross gets preapproval for increased stake in Kupol mine

Russia has given preapproval for Kinross Gold to increase its ownership in the Kupol gold mine, in the Russian Federation's Far East Region, to 100%, the Toronto-based firm said on Friday. Kinross' local subsidiary applied for and received the...
25th March 2011
 
COAL

CIC extends deadline to close JSW deal

Toronto- and Botswana Stock Exchange-listed CIC Energy has extended the outside date on its agreement to be acquired by India's JSW Energy until March 15, the firm said on Monday. CIC Energy owns the Mmamabula coal project in Botswana, and has a...
28th February 2011
 
Consulting Engineers

Firm manages capital projects valued at more than $50bn

Consulting, engineering and project implementation firm Hatch Africa has experienced much of its global growth within the last decade, and is currently managing capital projects with an aggregate value of more than $50-billion.
28th January 2011
 
URANIUM

Khan vows to defend Mongolia licences

TSX-listed Khan Resources will pursue "all available remedies" to protect its interests, the company said on Friday, after the Mongolian Nuclear Energy Agency (NEA) stated that it does not intend to issue licences for the company's uranium project...
13th November 2010
 
 
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