Caterpillar is moving forward with its large mining trucks, representing its largest investment ever in mining technology. The Cat 793F and 797F mechanical drive trucks and the 795F AC electric drive truck are all achieving milestones.
Quarrying
Tanzania government to carry out research on mineral deposit
The Tanzanian government will conduct research in the Kasulu District to determine whether there are enough nickel, iron and copper deposits to sustain mining activities in the region
Chinese firm set to inject funds in Coal of Africa
A unit of Beijing Haohua Energy Resource Co Ltd has offered to inject US$100mn into Coal of Africa (CoAL)
Cathay Fortune offers to buy Australian mine in Africa
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
Vale starts copper production in Zambia
Brazilian multinational mining corporation Vale SA has begun production of copper concentrate, a raw version of commercial copper, at its Lubambe mine in Zambia