Shamika2Gold Inc. has entered into a definitive agreement with Shamika Resources to acquire 5 gold exploration permits in the Democratic Republic of the Congo (DRC) for a total consideration consisting of 15 mn shares of Aultra Gold, a $500,000 promissory note and a 2.5 per cent net smelter return (NSR) on exploration licenses PR-10190, PR- 10192, PR- 10185, PR- 8708 and PR- 3619 covering a total of 830 km2.
p>Shamika2Gold Inc. has entered into a definitive agreement with Shamika Resources to acquire 5 gold exploration permits in the Democratic Republic of the Congo (DRC) for a total consideration consisting of 15 mn shares of Aultra Gold, a $500,000 promissory note and a 2.5 per cent net smelter return (NSR) on exploration licenses PR-10190, PR- 10192, PR- 10185, PR- 8708 and PR- 3619 covering a total of 830 km2.Mining
NFCA commissions west ore body
Non-Ferrous Corporation Africa (NFCA) of China has commissioned its West Ore Body facility in Chambishi on the Zambian Copperbelt.
p>Non-Ferrous Corporation Africa (NFCA) of China has commissioned its West Ore Body facility in Chambishi on the Zambian Copperbelt.Synchronisation option for generators
Doosan Infracore Portable Power (DIPP) has launched the new AGC200 synchronisation option for the G250, G400 and G500 PowerSource generator models
Ensuring safety support for gold mining workforce
South Deep mine
South Deep mine has access to the world’s richest known untapped gold orebody. Owned by Gold Fields, one of the largest mining companies in the world, the mine’s 64 mn ounce reserve will play a vital role in extending South Africa’s gold mining heritage for at least another generation.
New Boomer T1 D meets challenges in narrow-vein mining
A new face drilling rig for narrow tunnels and mines has been introduced by Atlas Copco. Based on its predecessor, the Boomer 104, the new Boomer T1 D offers an impressive array of technical and environmental improvements.
p>A new face drilling rig for narrow tunnels and mines has been introduced by Atlas Copco. Based on its predecessor, the Boomer 104, the new Boomer T1 D offers an impressive array of technical and environmental improvements.More Articles …
Most Read
Genuine Volvo Parts are specifically developed, tested and approved to get the very best results from your Volvo machine. (Image source: Volvo CE)
The project carries an estimated total cost of US$12bn. (Image source: The Republic of Ghana Presidency)
The Carmix 3.5TT is renowned for its robust performance in concrete mixing. (Image source: Carmix)
The transaction will give TotalEnergies an interest in hydropower projects in Uganda, Rwanda and Malawi. (Image source: Adobe Stock)
Bobcat has included additional features to enhance the visibility around the machines. (Image source: Bobcat)
Latest news
Work begins on the Cross Rivers State SAPZ. (Image source: AfDB)
Zambia, with global partners, accelerates off-grid solar projects to provide reliable, clean electricity for rural communities. (Image source: Adobe Stock)
Raubex Building selects Potain MCT 185 tower crane for key housing project, backed by strong local equipment support. (Image source: Manitowoc)
Nuno Rangel, CEO, pictured at the new South African warehouse. (Image source: Rangel Logistics Solutions)
Husk Energy to power rice farm operations. (Image source: Adobe Stock)
