Aureus Mining has signed a US$88mn project finance loan facility deal with South Africa’s Nedbank and Rand Merchant Bank, to aid with the development of its New Liberty Gold Project located in the Bea Mountain mining licence in Liberia
South Africa’s Sibanye Gold has offered to buy Witwatersrand Consolidated (Wits Gold) for US$39mn, to enhance its footprint in the Wits Basin
Egyptian gold miner Centamin has agreed to buy Ampella, which has significant interests in west and southern Africa, for US$0.16 per share or US$40.9mn
Kenya's Ministry of Energy has announced plans to sign a concession accord with China’s Fenxi Mining Industry to develop two blocks that have been estimated to contain more than 400mn metric tonnes of coal deposits
Zimbabwe’s Ministry of Mining has planned to introduce a new mining law in 2014, which includes concessions for exploration companies in the country
Alain Charles Publishing
University House,
11-13 Lower Grosvenor Place,
London, SW1W 0EX, UK
T: +44 20 7834 7676
F: +44 20 7973 0076
W: www.alaincharles.com