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Aureus Minings licence area in Bea Mountain has been estimated to contain more than 1.14mn ounces of gold reserves. (Image source: BullionVault/Flickr)

Aureus Mining has signed a US$88mn project finance loan facility deal with South Africa’s Nedbank and Rand Merchant Bank, to aid with the development of its New Liberty Gold Project located in the Bea Mountain mining licence in Liberia

The Wits Basin, where Sibanye operates the Beatrix gold mine, has been estimated to contain more than 157mn ounces of reserves. (Image source: Sibanye)

South Africa’s Sibanye Gold has offered to buy Witwatersrand Consolidated (Wits Gold) for US$39mn, to enhance its footprint in the Wits Basin

Centamin has estimated that its Sukari mine would produce more than 320,000 ounces of gold in 2013. (Image source: Giorgio Monteforti/Flickr)

Egyptian gold miner Centamin has agreed to buy Ampella, which has significant interests in west and southern Africa, for US$0.16 per share or US$40.9mn

Kenya plans to announce tenders for 31 coal blocks by Q1 2014. (Image source: Stella Blu/Flickr)

Kenyas Ministry of Energy has announced plans to sign a concession accord with China’s Fenxi Mining Industry to develop two blocks that have been estimated to contain more than 400mn metric tonnes of coal deposits

Volvo CE will buy Terexs main production facility in Scotland, along with two product ranges comprising rigid and articulated haulers. (Image source: Volvo CE)

Volvo Construction Equipment (CE) has agreed to buy the hauler equipment manufacturing business of US-based Terex Corporation for US$160mn

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