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MMG completes Sale of Sepon Mine

MMG Limited (MMG) has completed the sale of its 90% interest in Lane Xang Minerals (LXML), which owns the Sepon mine in Lao PDR, to Chifeng Jilong Gold Mining Co,. Ltd (Chifeng) for a total consideration of US$275 million.

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Debswana announces Change of Managing Director

Debswana Diamond Company announced that Managing Director Mr Balisi Bonyongo will retire from the business with effect from 30 November 2018, following 26 years of dedicated service to the organisation. The Shareholders of Debswana have appointed Mr Albert Milton, currently General Manager of Jwaneng Mine, to take over as the Company’s Managing Director with effect from 1 December 2018. The Shareholders have requested Balisi to stay on for three months as a consultant to ensure a smooth leadership transition.

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Siemens integrates the highest international Safety Standard in Polyhalite Mine

  • Supply of electrical equipment for two Blair Multi-Rope machines (BMR)
  • Multi-channel brake system Cobra01 from Olko and Siemens for reliable and safe stop at all events
  • Highest international safety standard for a mine hoist – certified to Safety Integral Level 3 (SIL3) as well as German standards (TAS)
  • The new development is for the mining of the world’s largest polyhalite (fertilizer) deposit
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Sika acquires Concrete Fiber Company in the USA

Sika has acquired the global Concrete Fibers business from Propex Holding, LLC, which includes a US plant manufacturing synthetic fibers for use in concrete reinforcement, sales operations in Sika's three geographical regions, and a strong brand. The acquired business is a perfect addition to Sika's concrete systems for high value-added solutions required in the construction of high-rise buildings and demanding infrastructure projects. The acquired business generates annual sales of CHF 30 million.

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