America may be the largest consumer of diamonds today but the focus is now being shifted to Asia which could overtake the US by the end of this decade. Rapid growth of consumers in China and India is helping now to drive a rebound from the ...
Tags: consumer of diamonds, consumers in China, economic downturn, America
Closely held International Base Metals Limited has secured AUD 30 million cornerstone investment from China as it looks to develop a copper mine in southern Africa. IBML, advised by Azure Capital also hopes to use some of the funds raised ...
Tags: Chinese miner, copper mine, mining assets, Metals
Mining.com reported that China's Heilongjiang Heilong Resources Investment is investing AUD 30 million in International Base Metals the owner of the Omitiomire deposit in Namibia which is believed to harbor 700,000 tonnes of copper. The ...
Tags: Copper Mine, Investment, Resources, copper, Acquire
Southern African tour and travel specialists, Africa Southern Adventures (ASA) has recently launched its portfolio of affordable adventure safari packages. The Cape Town based company has formed strategic alliances with reputable service ...
Tags: Africa Southern Adventures, travel specialist, strategic alliance
As telecom companies in Africa scramble to adopt next-generation mobile services to boost revenue, MTN South Africa has launched a commercial Long Term Evolution (LTE) network with the help of Ericsson. The network is the first to be ...
Tags: LTE network, telecom, mobile services, network
The Ministry of Mines and Energy has written a Notice of Preparedness to Grant Shiyela Iron Ltd a Mining License for its estimated NAD 2 billion Iron Project. In a statement released this week to shareholders, Shiyela Iron, a local unit ...
Veolia Water Solutions&Technologiesa Aqua Services&Engineering(ASE)has secured a contract to upgrade and refurbish a 400 m3/day seawater desalination plant in Walvis Bay,Namibia.The project will help increase potable water supply for ...
Tags: ASE, Veolia, Water, Solutions, Technologies, WalvisBay, Namibia
Proactive Investors reported that the news funds are expected to be used for funding work programs on the company's gold projects in Kenya and Ghana, as well as potential property acquisitions and working capital. The news funds are ...
The Namibian government has initiated plans to establish a dairy plant near Rundu in Northern Namibia, a move which will cut down milk imports. The proposed dairy farm, which is being built with an investment of NGN160m ($1.01m) is ...
Tags: Namibian, dairy plant, dairy industry, cut down, milk imports
The number of operators committed to LTE network deployments has increased by 23%to 292 operators in 93 countries in the past year,according to the GSA. To date 96 operators have launched commercial LTE services in 46 countries.This ...