International

Chinese engineering firm Jinpeng Mining and Machinery has invested US$1M in Walkabout Resources via a placement authorised by the board. The development comes, as the company prepares to submit a mining licence the Lindi Jumbo Graphite Project in south eastern Tanzania. Following the share acquisition Jinpeng will now become WKT’s …

De Beers Group’s International Institute of Diamond Grading & Research (IIDGR)  has established four new diamond grading partnerships with leading diamond jewellery retailers in Thailand, Vietnam and China. The new partnerships are with Aurora Diamond in Thailand, DOJI Group in Vietnam and Chow Tai Seng and CHJ in China, reflect …

Canadian junior diamond miner, Lucara Diamond has completed Mega Diamond Recovery (MDR) and the Sub-middles XRT capital projects within budget and ahead of schedule at its Karowe Mine in Botswana The new MDR circuit treats material in the size range between 50mm and 120mm and is located directly post the …

ASX-listed Syrah Resources has signed a binding sales agreement with Jixi BTR Graphite Industrial, a wholly owned subsidiary of Shenzhen BTR New Energy Materials. The agreement between Syrah Resources and BTR New Energy Materials (BTR) is for 30 000 tons of graphite from the Balama operation in the first year …

Husqvarna Group is building its first solar power generating facility at its current injection molding site in Nashville, Arkansas, USA. The new facility is expected to reduce the CO2 footprint by approximately 1,000 tons in the first year of operation and approximately 25,000 tons over the expected 25 year life …

International diamond company De Beers Group has announced plans to invest more than US$140 million in marketing this year. The budget is the biggest spend since 2008, as the group focus on generating further consumer demand for diamond jewellery in the leading markets globally. The greatest spend is targeted in …

PwC Africa’s 14th edition of PwC’s industry series analysing financial performance and global trends – PwC’s Mine 2017 report has painted a positive outlook for the mining industry. This comes at the backdrop of bolstered balance sheets and a return to profitability in 2016, giving mining companies much-needed space to …

Auroch Minerals has advised that 1 589 623 629 new ordinary shares in Xtract Resources with a market value of $494 million has been issued to the company. This follows the conversion of $200 000 of the convertible note,  the establishment fee of $50 000 and interest payable in advance …

ASX-listed Danakali has announced that the Colluli Mining Share Company has entered into a mining agreement with the Eritrean Ministry of Energy and Mines. Colluli Mining Share Company is a 50:50 joint venture between Danakali  and the Eritrean National Mining Corporation and owns 100% of the world class Colluli potash …

Global pump manufacturer, KSB Pumps and Valves, has established an independent operation in Zambia. The new office is to ensure the company’s rapidly expanding customer base has full access to world-class sales and support services. A network of agencies and dealers throughout the country has previously been represented by the …