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Tanzania's China-backed $10bn port plan stalls over terms – official

By: Reuters     Updated 3 hours ago A planned $10-billion port project in Tanzania backed by China has hit an impasse, with the two sides disagreeing on terms of the infrastructure investment, a senior Tanzanian port official said on Wednesday. In 2013, Tanzania signed a framework agreement with China Merchants Holdings... 

Zimbabwe awards platinum concession to firm linked to Nigerian billionaire

By: Reuters     Updated 5 hours ago Zimbabwe has awarded a concession to explore for and mine platinum to a company linked to a Nigerian billionaire as the country speeds up investment in a mining sector it hopes will transform the country's struggling economy. The concession comes just over a year after President Emmerson... 

Dalein Agriplan gears up for growth in feed-mill industry in Southern Africa

22nd May 2019 SEW-EURODRIVE (Pty) Ltd. has supplied about 120 geared motors to Dalein Agriplan for a customised 100 tph feed mill for a major beef producer in the Free State. This is not only one of the largest single projects undertaken by the manufacturer to date, but is also one of the biggest... 

Mining sector facing similar ‘bullying tactics’ to that hindering construction 

By: Nadine James     22nd May 2019 Similar “bullying tactics” to those that are causing significant disruption in the South African construction industry, is also affecting the mining industry, Minerals Council South Africa CEO Roger Baxter confirmed on Wednesday. In a media briefing following the council’s annual general meeting... 

Kibo subsidiary to acquire UK gas-fuelled power plant project

By: Marleny Arnoldi     22nd May 2019 Aim- and JSE-listed Kibo Energy’s 60% subsidiary MAST Energy Developments (MED) has executed an agreement to acquire Bordersley Power Limited (BPL) from Balance Power Projects. BPL – a special purpose vehicle – will comprise a 5 MW gas-fueled power generation plant, which will be supported by an... 

Consolidated Tin Mines adds to war chest

By: Esmarie Iannucci     22nd May 2019 Junior Consolidated Tin Mines has raised an additional A$4-million through a share placement to a new international investor. The placement to Chinese investor Tiesong Duan was in addition to the placement to Wealth Pointer Global, which took place in April this year and raised A$20.99-million.  

Qld Premier ‘sick’ of Adani delays

By: Esmarie Iannucci     22nd May 2019 Queensland Premier Annastacia Palaszczuk has instructed the Coordinator-General to set a timetable for the resolution of two outstanding approvals for Indian major Adani’s proposed Carmichael coal mine, saying she was “sick” of the delays. “The community is sick of it, I’m sick of it, everyone... 

BHP keen on more copper, nickel sulphide and oil

By: Esmarie Iannucci     22nd May 2019 Mining major BHP on Wednesday laid out its near-term plans for investors, saying that the company would look to add “options” in copper, nickel sulphides and oil. Speaking to investors, CFO Peter Beaven that BHP analysed a number of scenarios to ensure that the company’s portfolio was resilient... 

Pharmaceutical Track and Trace

By: Creamer Media Reporter      22nd May 2019 Pharmaceutical counterfeiting is putting millions of lives at risk each year, and governments around the world are taking action to address this growing problem. For many, the principal weapon in that fight is track and trace regulations centered on product serialization – assigning and affixing... 

Hudbay is said to prepare sale of Arizona copper mine stake

By: Bloomberg     22nd May 2019 Hudbay Minerals is preparing a sale of a stake in one of the largest copper mines under development in the US as an investor pushes the company to review its portfolio, people familiar with the matter said. The Toronto-based base metals miner has interviewed potential advisers about selling a... 

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