Business

ASX-listed Tanzanian-focused flake graphite development company Volt Resources has announced it is advancing graphite off-take agreements in Tanzania. Members of the management team from Volt Resources recently visited China to advance discussions on binding off-take agreements in line with the company’s progress in development funding, Stage 1 feasibility study, development …

De Beers’ rough diamond production for the first quarter of 2018 increased 15 percent to 8.5 million carats, reflecting the ramp-up of production from Gahcho Kué in Canada, which reached nameplate capacity in Q2 2017, and increased production from Orapa in Botswana in response to the sustained healthy trading conditions. …

JSE-listed engineering and construction group Murray & Roberts has started shifting its attention from Eskom’s two mega-scale power station projects – Limpopo and Mpumalanga respectively, to tackling a range of smaller opportunities in various industrial and resources sectors. The company’s subsidiary Power & Water’s chief executive officer Steve Harrison says …

Despite full year gold production of 767,883 ounces at all-in sustaining costs (AISC) of US$875 per ounce, Acacia Mining has post net loss of US$707 million. Peter Geleta, the company’s Chief Executive Officer remains optimistic , though the books are in the red. “We delivered resilient operational performance during a …

Online-Electrical and ElectroMechanica (EM) continues to cement their bilateral relationship, as the latter strives to lead the market. Joey Gaskell, Online-Electrical Managing Director said EM’s ‘win-win’ mentality for end-user clients, its product distributors, and the company itself, makes it the ‘go to’ partner for the supply of sophisticated electronics and …

TAKRAF Group’s subsidiary TAKRAF Africa recently showcased advanced range of Tenova air environmental technologies at various client symposium in South America. The events were held in three cities – Lima (Peru), Santiago (Chile) and Belo Horizonte (Brazil) and were entitled “A Focus on Productivity”, with a specific focus on technologies, …

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 …

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 …

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 …

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 …