Global mining advisory and technology service Runge Limited has signed a strategic partnership with China’s top mining and clean energy company, China Kingho Energy Group, which will result in collaboration on worldwide mine development and expansion projects.
The move formalizes an already strong relationship between the companies and will see further development of Kingho’s highly successful business model.
Runge’s chief executive officer Richard Mathews says, “Through this relationship Kingho will have access to our global network of mining specialists to provide expertise and advice in their assessment and development of mining projects.”
Runge has previously provided assistance on two long-term Kingho projects - the development of two greenfield iron ore projects in Sierra Leone and a new lump iron project in Benin (West Africa).
“Kingho is pleased to already be working with Runge to ensure some of our early stage exploration projects meet international standards in the areas of resource and mine planning,” says a Kingho representative.
“We will work with Kingho in the future as their independent technical experts whilst they investigate capital listing opportunities in various financial markets, look to improve the technology solutions in their mines in China and seek mining projects which align with their global expansion strategies,” said Richard Mathews.
Kingho has operations throughout China, Mongolia and Africa and is listed in the top 100 coal companies in China as well as the top 500 private enterprises in China.
Runge is a leader in the provision of technology products, consulting services and training courses to the global mining industry, delivering solutions and services across a range of commodities. With expertise across a range of mining disciplines, Runge’s approach to the business of mining is strongly grounded in economic principles and delivering mine planning solutions that are tightly coupled with technological support and training.