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
Mining
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
Caterpillar launches new heavy-duty compactor
Caterpillar has launched the Cat 825K compactor for operators to take on heavy-duty compaction and dozing operations
African Eagle Resources to buy South Africa’s mining firm
African Eagle Resources (Eagle) it is set to acquire South-Africa based iron ore miner Lime-Chem Resources