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
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...By: Loni Prinsloo
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...By: Reuters
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...By: Liezel Hill
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...By: Liezel Hill
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...
By: Liezel Hill
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...By: Liezel Hill
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.By: Jessica Hannah
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...By: Liezel Hill
13th November 2010
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