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Discovery Metals is an Australian copper miner with major assets in North-West Botswana. (Image source: Arpit Gupta/Flickr)

Chinese private equity firm Cathay Fortune Corp and China-Africa Development Fund (CADF) have launched a takeover bid worth US$860mn to acquire all outstanding shares of Botswana-focussed Australian copper miner Discovery Metals

ArcelorMittal will sell the Kalagadi Manganese stake to Daphne Mashile-Nkosi, chairperson of Kalahari Resource. (Image source: Kalagadi Manganese)

ArcelorMittal will sell its 50 per cent stake in South African manganese explorer Kalagadi Manganese for US$447mn in an attempt to sell non-core assets to pay down debt

Gold Fields said it will carry out the new project through the proposed unbundling of its subsidiary unit. (Image source: Natalia V/Flickr)

Gold Fields Limited has announced plans to set up a new South African gold mining company, Sibyanye Gold Limited

The project is expected to create 6,000 jobs in the central African Copperbelt Province. (Image source: soundog/Flickr)

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

The Tanzanian government wants TanzaniteOne to surrender its 50 per cent stake to the State Mining Company as a condition to renew the its licence. (Image source: Wikimedia Commons)

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

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