Construction & Mining

Mozambique project to yield 5.3 MT of coal by 2011

Tata Steel, the world's seventh largest steel producer, expects coal production from its joint venture project in Mozambique to touch 5.3 million tonnes (MT) by 2011.

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Millions to be invested in mining fund

The Board of Directors of the African Development Bank (AfDB) approved, in June 2010, a US$25mn equity investment in the second New Africa Mining Fund.

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New hydraulic clamp range for mini-excavators

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Bobcat has launched a new family of dipper stick mounted Hydraulic Clamp attachments for the company’s range of mini-excavators from 1 to 6 tonnes.

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Dakar-Diamniadio highway set to stimulate local economy

The Board of Directors of the African Development Bank (AfDB) Group have approved a €12mn senior loan with a 15-year tenor, including a five-year grace period, to finance the Dakar-Diamniado toll highway in Senegal.

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License approved for Tanzanian mining operation

Kastan Mining Limited’s mining license applications have been approved by the Honorable William Ngeleja, Minister, Ministry of Energy and Minerals, covering approximately 70 square kilometres in the Kilosa District of Tanzania, an area rich in copper as well as gold, silver and other minerals.

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