After the deal, HEI will own 23.6 per cent of CoAL. (Image source: PublicDomainPhotos/Flickr)
A unit of Beijing Haohua Energy Resource Co Ltd has offered to inject US$100mn into Coal of Africa (CoAL)
Cathay Fortune currently owns 13.7 per cent of the ordinary shares of Discovery Metals. (Image source: free/Flickr)
Chinese private equity firm, Cathay Fortune, has offered US$848mn to acquire Australian copper producer Discovery Metals who own a number of mines in Botswana
These machines are not exclusive for construction companies and they can be useful to other sectors as well. (Image source: Ingy The Wingy/Flickr)
Machinery distributer Mantrac has introduced the F-Series backhoe loaders for Tanzanian construction companies
The Lubambe mine will be expected to produce an annual copper output of 45,000 tonnes. (Image source: GettyImages)
Brazilian multinational mining corporation Vale SA has begun production of copper concentrate, a raw version of commercial copper, at its Lubambe mine in Zambia
Mining production had slipped 14.5 per cent in 2012 as compared to 2011 due to water scarcity. (Image source: free/Flickr)
Experts have said that water constraints in South Africa were hampering mining activities in the country
