Construction & Mining
Randgold warns African governments against new mining taxes
- Details
Randgold Resources chief executive Mark Bristow has said that African countries would risk driving away new investors if they pushed through mining code revisions aimed at boosting short-term revenues
Sephaku Cement enters debt funding agreement with Standard Bank and Nedbank
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South African cement firm Sephaku Cement has signed a US$222mn domestic debt funding agreement with Standard Bank and Nedbank to help fund its US$390mn cement plant and clinker plant project
Chinese firm proposes takeover bid for Discovery Metals
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Chinese private equity firm Cathay Fortune Corp and China-Africa Development Fund (CADF) have launched a takeover bid worth US$860mn to acquire all outstanding shares of Botswana-focussed Australian copper miner Discovery Metals
South Africa’s Sephaku Cement gains US$222 million funding
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Sephaku Cement, a subsidiary of Dangote Cement, has secured US$222mn of domestic debt funding for its $390mn cement and clinker plant projects in South Africa
Dangote Cement to enter Tanzania
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Nigeria-based Dangote Cement has announced it plans to set up a manufacturing plant in Tanzania
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