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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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