Volvo Construction Equipment (CE) has agreed to buy the hauler equipment manufacturing business of US-based Terex Corporation for US$160mn
Mining
Fleurette’s SMB completes first phase of gold exploration in DR Congo
Fleurette Group has announced that its joint venture with SOKIMO, Société Minière de Moku-Beverendi (SMB), has completed the first phase of its gold exploration activities at the Moku-Beverendi project in DR Congo
Sable Mining Africa subsidiary signs MoU with Liberian government
A subsidiary of Sable Mining Africa has signed a memorandum of understanding (MoU) with the government of Liberia to develop infrastructure in the country, which will help it export products from its Nimba Iron Ore project in south-east Guinea
Zimbabwe to introduce new mining law in 2014
Zimbabwe’s Ministry of Mining has planned to introduce a new mining law in 2014, which includes concessions for exploration companies in the country
Glencore Xstrata to invest US$100mn in new coal projects in South Africa
Glencore Xstrata has announced that it plans to invest US$100mn in its new coal ventures in South Africa