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Africa Coal Mining Acquisition NuCoal Mining

January 29th, 2010 | Posted by sony | Category: Mining Company, Mining News, coal mining | No Comments

Africa Coal Mining reported progress Mining NuCoal acquisition process. Coal of Africa has completed the sale of shares agreement, after the 10% adjustment to reflect the retention of working capital position. Coal of Africa approved the purchase price is NuCocal mining R467 million.
Coal director Simon Farrell said, “The acquisition appears Cement Coal NuCoal position as [...]

Afrika Mining Exploration Company

January 14th, 2010 | Posted by sony | Category: Mining Company, Mining News | No Comments

Blackthorn Resources has signed a Heads of Agreement with Glencore International AG for a Joint Venture to develop and operate the Perkoa Zinc Mine Project.
The proposed transaction is at the asset level only and does not involve Glencore taking a shareholding in Blackthorn Resources.
The Perkoa deposit, in Burkina Faso, is one of the major volcanogenic [...]

Arutmin Coal Producing and Exploration Company

January 14th, 2010 | Posted by sony | Category: Mining Company, coal mining | No Comments

Arutmin has strategic alliances with two internationally reputed companies, BHPBilliton and Thiess Pty Ltd, which market and produce, respectively, most of ’s coal. Global resources company BHPBilliton leverages for its international marketing network and experience. Thiess Pty Ltd is a major Australian provider of integrated engineering and services with worldwide projects worth AUD 1.9 billion [...]

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