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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

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

Randgold Resources chief executive Mark Bristow. (Image source: Mines&Money/Flickr)

Randgold Resources chief executive Mark Bristow has said that African countries would risk driving away new investors if they pushed through mining code revisions aimed at boosting short-term revenues

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