N°297 - Paris,  05/14/2013
 
 05/17/2013 - CENTRAL AFRICAN REPUBLIC - Diamonds: Djono Ahaba to visit Pretoria in June
Gaelle Arenson
CONGO-K Editor in Chief
Outcry over new mining legislation
Mining companies are engaged in an angry tug-of-war with Kinshasa as the government puts the final touches to revisions in a mining code that came into force just 10 years ago. The government deems that the industry doesn’t contribute enough to Congo-K’s budget and thus wants to impose higher taxes. (...)   [292 words]  

EXPLORATION & PRODUCTION
IVORY COAST
Ouattara steers clear of rebel stronghold
   During a state visit to the Tonkpi region that lies in the mineral-rich mountainous region of western Ivory Coast, president Alassane Ouattara failed to turn up as expected to meet with officials from the Compagnie Miniere du Mont Klahoyo (CMMK), an affiliate of the African Minerals Group owned by Frank Timis.  (...)  [222 words]  
ALGERIA
Terramin hits a wall on Tala Hamza
   Algeria’s image as a potential destination for foreign investment could take a new knock. After more than two years of holding up a project to develop the Tala Hamza zinc mine, the Algerian authorities have finally forced Terramin Australia Ltd.  (...)  [242 words]   FREE

STRATEGIES
Kinshasa    Tin-Tantalum-Tungsten: Mixed results for due diligence talks
 [154 words]  
Kinshasa    Better monitoring of gold in future
 [186 words]  
BURUNDI
Jbeili the new mining kingpin
   The Lebanese concern Etablissements Jean Jbeili has made a major breakthrough in Burundi’s mining industry. The firm owned by Jbeili, a wealthy businessman born in Burundi, was awarded rights in late April to process tailings from both industrial and small-scale mining operations throughout the country along with an authorization to refine and tag gold ingots by bar code.  (...)  [164 words]  
IRON/NICKEL
China Railways wins deal in Ivory Coast
   The Ivory Coast government awarded a direct contract without competitive bidding to China Railways on May 4 to build a railway to carry iron and nickel ore from Man in the west to San Pedro port.  (...)  [163 words]  
MAURITANIA
Tasiast: Kinross finally picks 38,000 t/d option
   Kinross’s decision in late April to carry out a feasibility study on extending the Tasiast gold mine in Mauritania is being closely watched by investors.  (...)  [238 words]  
CONGO-K
Pit extension suspended at Mongbwalu
   Due to a shortage of cash following walkouts at three of its mines in South Africa, AngloGold Ashanti (AGA) suspended construction of its underground mine at Mongbwalu early this month.  (...)  [222 words]  
CENTRAL AFRICAN REPUBLIC
Diamonds on a slippery slope
   Bangui’s diamond industry is under the gun. The object of “increased vigilance” by the Kimberley Process for several weeks, its gems could be suspended by the certification organization in coming days.  (...)  [297 words]  

FUNDING
IVORY COAST
Minmetals tiptoes into Samapleu nickel project
 [146 words]  
BURKINA FASO
Tambao’s manganese: arrangement in sight with General Nice
 [141 words]  
BURKINA FASO
True Gold fetches $10 million
 [42 words]  
LOOKING AHEAD
ALGERIA 
Somiphos intent on maximizing operations
 [76 words]  
CONGO-K 
Due Diligence: Chinese invited
 [84 words]  
TUNISIA 
A new Gafsa phosphates plant
 [56 words]  
WHO'S WHO
ZAMBIA
Pius Maambo
Mining expert Pius Maambo has been named boss of Zambia’s brand new Minerals Development Commission set up by the authorities to independently check the figures for production and exports that companies report so as to establish tax rates more effectively.  (...)  [178 words]  
CONGO-K
Jiang Qingde
Highly familiar with southern Africa and serving as president of the powerful Anhui Foreign Economic Construction Corporation (AFECC), Jiang Qingde is facing a formidable challenge.  (...)  [172 words]  
GHANA
Patrick Kpekpena
Patrick Kpekpena has been named general manager of Asanko Gold which works the Esaase mine, a property that covers 201 sq.  (...)  [128 words]  
IVORY COAST
Mukesh Rajan
India’s Mukesh Rajan has taken over the reins of Tata Steel Cote d’Ivoire, a joint venture formed by government-owned Sodemi (25%) and the Indian steel Giant Tata Steel Ltd.  (...)  [156 words]  
NOT TO BE MISSED
   Lome
Dammipi Noupokou, Togo’s transportation minister and acting mines and geology minister, is counting on inaugurating production of carbonated phosphate ore at Kpeme in the south-east of Togo in the first quarter of 2014. (...)
   Luanda
Fedor Andreev, president of the executive committee of Alrosa, is intent on extending the Russian company’s operations in Africa. (...)
   Abidjan
Neil Woodyer, managing director of Endeavour Mining, plans to inaugurate production at the Agbaou gold mine in Ivory Coast early next year. (...)

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