Tuesday , August 18 2026

EAM News

Caterpillar presents broad range of machines at Mining Indaba

Caterpillar has announced intentions to present its unmatched range of innovative technologies and services at Mining Indaba billed for February 5-8 in Cape Town, South Africa. With a focus on optimizing operations, whether surface or underground, large or small, Caterpillar and Cat® dealers are dedicated to working with mining companies …

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De Beers pilot block-chain technology initiative

De Beers Group says is progressing development of the first blockchain technology initiative to span the diamond value chain and provide a single, tamper-proof and permanent digital record for every diamond registered on the platform. The initiative will underpin confidence in diamonds and the diamond industry by ensuring that all …

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Rwanda, Mauritius gets solar PV projects funding

The Abu Dhabi Fund for Development (ADFD) and the International Renewable Energy Agency (Irena) have set aside $25-million in concessional loans for solar photovoltaic (PV) projects in Mauritius and Rwanda. According to ADFD the projects have potential to significantly transform the lives of more than 2.5-million people and alleviate poverty …

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Atlas Copco acquire exploration manufacturing firm

Solutions provider Atlas Copco has announced intentions to acquire the assets of Renegade Drilling Supplies a South African manufacturer and distributor of drilling consumables for mining exploration. According to the Group the business will become part of Epiroc South Africa’s Rock Drilling Tools division. Epiroc is a wholly-owned subsidiary of …

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Bunyu graphite project gets funding

Volt Resources has raised $4.7-million to support the fast-tracking development at its flagship Bunyu graphite project, in Tanzania. “Volt is now strategically positioned to execute on a number of operational milestones as part of the stage 1 development of Bunyu, with near-term deliverables to include the finalisation of all project …

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Firestone extends Botswana’s BK11 asset sale period

British junior miner Firestone Diamonds has agreed to extend the option period granted to Amulet Diamond Corporation (Amulet) to purchase Firestone’s BK11 asset until 31 December 2018. BK11 is a diamond asset in Botswana, currently on care and maintenance. Amulet is funding the construction and operation of a bulk sampling …

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Kibo’s projects gets government go-ahead

Newly formed Tanzania Ministry for Energy has committed to an indicative timeline for the completion of the MOU for the fast-tracking of the Mbeya Coal to Power Project (MCPP). The project developer multi-asset African focused energy and resource company, Kibo Mining is optimistic following the decision. “Our focus on positioning …

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Volt to list US$40 million bond on DSE

Tanzanian-focused flake graphite development company Volt Resources Limited has announced intentions to proceed with the issue of US$40 million in structured debt funding. Volt has engaged Exotix Capital to undertake a Tanzanian Bond issue to raise the required funding for the development of Stage 1 of the Bunyu project. Exotix has recommended …

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Kenya’s future prospects bright

The investor demand and business activity is set to increase as political stability returns to Kenya, analysts have observed. Specialist global risk consultancy Control Risks said Kenya is emerging from a protracted presidential election process and seeing a return to political stability. Nonetheless, challenges will persist in 2018 for organisations …

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ICMM to guide Chinese mining firms

The International Council of Mining and Metals (ICMM) and the China Chamber of Commerce of Metals, Minerals and Chemical Importers and Exporters (CCCMC) have entered into a formal agreement to help promote sustainable development in Chinese companies’ overseas mining investments. The new agreement makes ICMM and CCCMC’s wealth of expertise …

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