The International Finance Development Corporation (IFDC) has signed a US$400mn deal with a Zambian firm for the development of Greenfield Copper and Emerald mines
Mining
Sandvik to supply equipment for South African platinum project
South African firm Sandvik Mining has been offered a contract by Royal Bafokeng Platinum to supply underground production trackless equipment for the Styldrift platinum project
Lambson’s Hire expands service in South Africa
Rental construction equipment supplier Lambson’s Hire has opened a branch in South Africas Lephalale town in an attempt to make its services more accessible to customers in Limpopo region
Ethiopian mining company invests US$17.8 million in building gold plant
Ethiopian company Ezana Mining Development has invested US$17.8mn in building a gold plant in Tigray
Tanzanian government to acquire major stake in TanzaniteOne Mining
The Tanzanian government has revealed plans to buy a 50 per cent stake in TanzaniteOne Mining, a wholly-owned subsidiary of gem miner Richland Resources