Africa

South African mining giant Gold Fields has acquired a 40 per cent interest in the gold-copper Far Southeast Project in the Philippines, it has been announced.

In September 2010, Gold Fields entered into two option agreements with Lepanto Consolidated Mining Company, which owns 60 per cent of Far Southeast; and Liberty Express Assets, which owns 40 per cent. The agreements granted Gold Fields an option to acquire a 60 per cent interest in Far Southeast for a total of $340 million.

Taste Holdings manages franchises, developing efficient and customer-focused brands tailored towards South Africa’s discerning diners and consumers of jewellery.

The franchise industry is booming in South Africa, thanks to changing consumer spending habits, an increase in innovation and a willingness to explore new ways of working.

Continental Coal has announced that Ntshovelo Mining Resources, the joint venture entity that operates the Vlakvarkfontein coal mine in South Africa, has executed a coal supply agreement with the state utility company, Eskom.

The agreement is for the supply of 720,000 tonnes per annum of thermal coal of quality suitable for some of Eskom's power stations over an initial three-year period which commenced on 1 March.

Moya Air Conditioning has built its reputation upon meeting new challenges and delivering quality products. Director Quintin Davis talks about his plans for expansion and development.

Heating, ventilation and air conditioning (HVAC) are important under any circumstances, but when it comes to specialised laboratory environments their quality, efficiency and reliability are absolutely critical. And it’s under these conditions that the services of Moya Air Conditioning are particularly appreciated.

Barbara Mommen, chief executive officer of the Maputo Corridor Logistics Initiative, talks about the development of this key strategic transit route.

Lindsay Shankland, managing director of Manitou Southern Africa, talks to Gay Sutton about building a materials handling brand for the mining sector and taking those products worldwide.

It’s not everyone who can say they truly love the business they are in; but Alan Swaby talks to one such manager currently working deep in the African bush.

Columbus Stainless, based in Mpumalanga, South Africa, is taking a key role in a local logistics initiative designed to boost trade, reduce the cost of doing business in the area and unlock the region’s growth potential.