Industrial Development Corporation (IDC), South Africa’s state-owned development finance institution, has acceeded to an investment of US$10mn in Alphamin DRC, which is the operating subsidiary of the mineral exploration company Alphamin Resources
Mining
BIA and Cummins extend partnership in Africa
BIA, a Belgium-based company, is now the official distributor of a select range of Cummins’ products in Congo, DR Congo, Cameroon, Central African Republic, Chad, Togo, Benin, Burkina Faso and Côte d’Ivoire
Liberian mining company opts for non-traditional funding for iron-ore project
Cavalla Resources has decided to opt for non-traditional sources of funding for developing four major iron-ore assets that it recently acquired
Panafrican Group reducing GET costs through Hensley products
Panafrican Group is focusing on providing cost-effective and productivity improvement solutions for the mining industry, keeping in the mind the financial challenges it is currently facing
Terex Trucks supplies fourth rigid dump truck to Zimbabwe’s Davis Granite
Truck manufacturer Terex Trucks has supplied Davis Granite with its fourth rigid dump truck to granite quarries in Bulawayo and Harare in Zimbabwe