Canada’s Rockwell Diamonds Inc has signed a conditional agreement to acquire specific alluvial diamond properties and associated equipment from Bondeo 140CC in South Africa for US$24mn
Mining
Piran Resources produces first tin concentrate from Rwandan mines
Rwandan mining company Piran Resources has produced its first tin concentrate from the Musha and Ntunga mines in Rwanda
African valve market expected to grow fastest globally
A report has stated that the valve market in Africa is expected to grow at a CAGR of 5.9 per cent, making it one of the fastest growing markets globally
Tanzanian nickel mine receives “strong interest” from developers
Australian explorer IMX Resources has received “strong interest” from several ore developers in its Ntaka Hill Nickel Project located in southeast Tanzania
Coal India to begin mining operations in Mozambique
Mining company Coal India (CIL) has said it planned to begin mining coal in central Mozambique’s Tete Province to increase the supplies to India