Coal of Africa Limited (CoAL) has completed its acquisition of Rio Tinto and Kwezi Mining’s shares in both Chapudi Coal and Kwezi Mining and Exploration (KME).

The acquisition has been carried out by Keynote Trading & Investment 108, a subsidiary of CoAL.

Chapudi and KME hold the prospecting rights for the Chapudi Coal Project and related exploration properties in South Africa’s Soutpansberg coalfield in the Limpopo Province. CoAL originally agreed to acquire the Chapudi coal assets from the previous owners in November 2010.

German multinational engineering and electronics giant Bosch Group had a record-setting year in 2011 and the outlook remains positive for 2012.

In fiscal year 2011, the company best known for its automotive components achieved worldwide sales of $71.7 billion (€51.5 billion), recording its second highest rate of growth since 2000.

Richard Telofski responds to our recently published article on capitalism and the ecological crisis.

Pharmaceutical giant GlaxoSmithKline has announced it will go hostile with its $2.6 billion bid for Human Genome Sciences by taking the offer directly to shareholders.

GlaxoSmithKline (GSK) is refusing to participate in the strategic alternatives review process offered by US-based Human Genome Sciences (HGS), on the basis that it is unnecessary and that there is existing strategic and financial logic to the combination of the two companies. GSK said that HGS shareholders should have the opportunity to decide for themselves on the merits of the offer. 

The partnership between the Renault-Nissan Alliance and Daimler reached a milestone today when state officials joined Nissan leaders to break ground on a new manufacturing facility in Decherd, Tennessee.

The new facility – located at the existing Nissan powertrain assembly complex – will produce Mercedes-Benz 4-cylinder gasoline engines for Infiniti and Mercedes-Benz models.

The Alliance for Responsible Mining (ARM) seeks to transform global gold production by integrating and formalizing the position of countless artisanal and small-scale miners. Executive director Lina Villa Córdoba talks to Jayne Flannery about ARM’s vision for the human face of the industry.

Exploration companies GTA Resources and Balmoral Resources have just announced an exciting set of drilling results for their Northshore Gold joint venture. Peter Clausi and Darin Wagner talk to Gay Sutton about relationships and teamwork in this rapidly developing story.

Lucien Bradet explains how the Canadian Council on Africa is working to change negative perceptions of the continent, support investment into Africa, and ensure that knowledge and skills are transferred with it.

Lean manufacturing is not about adopting Toyota’s tools, or using Japanese terminology, it’s a continuous improvement philosophy that becomes a way of life, says plant manager Billy Taylor.

Goodyear’s Fayetteville plant in North Carolina was struggling to survive in 2010. It was a high cost plant and it wasn’t meeting market demand. The plant was producing 31,200 tires a day, but the market wanted between 36,000 and 38,000. Something had to change.

As the sole producer of rubber in Ghana, Ghana Rubber Estates Limited has been able to lay down the blue print for cash crop farming in the country; however, as managing director Lionel Barre tells Jane McCallion, the company has implemented a policy that prizes partnership with suppliers as much as it does profit.