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	Africa Mining Intelligence /Latest Issue

N°219

Paris, 01/27/2010

Country Channels

Gaelle Arenson

CONGO-K

Editor in Chief

MIBA’s Debt to Emaxon Under Scrutiny

At the initiative of three deputies from the presidential majority, Modeste Bahati Lukwebo, Willy Ntumba and Mukendi Tshiambula, the Congolese parliament’s finance commission is to examine in the next few days the controversial question of the government’s repayment of USD 25 million to Emaxon Finance Inc, a subsidiary of Israeli businessman Dan Gertler’s DGI group. (...)

EXPLORATION & PRODUCTION


CENTRAL AFRICAN REPUBLIC
Pressure Builds on Areva over Bakouma
The government of the Central African Republic is closely following progress at the Bakouma uranium mine in Bangassou Prefecture in the south east. (...) [409 words] [$5.4]


MOROCCO
Managem Sets Sights on Africa
Managem, a subsidiary of the privately owned Moroccan group ONA, is expected to have shown some recovery in 2009 with a turnover of 2. (...) [283 words] [$5.4]

STRATEGIES

Algiers

Adjudication of 66 Extraction Titles
[73 words] [$1.8]

Lusaka

New Tax Law Looms
[101 words] [$1.8]

Ouagadougou

Towards Industrial Limestone Quarrying
[82 words] [$1.8]

Lusaka

Strong Rise in Revenues from Copper
[70 words] [$1.8]


MOZAMBIQUE
Riversdale Gets Go-Ahead for Benga Coal
The environmental impact study for economic exploitation of the Benga coal deposit (with 4 billion t of reserves) by Riversdale Mining of Australia and Tata Steel of India, begun in July 2009 by the South African consultancy Golder Associates Africa and its Mozambican counterpart Impacto Lda, has been approved by the Mozambican minister for coordinating environmental action. (...) [184 words] [$5.4]


CONGO-K
Allegations of Parallel Production at Gecamines
Over 200 people, mostly employees of Gecamines, answered a call from representatives of civil society in Kolwezi in Katanga Province and demonstrated on January 9 to protest against what they called “poor management” at the company. (...) [202 words] [$5.4]


INDABA
First Gathering as Crisis Abates
The main operators in Africa will be present in Cape Town in South Africa for the traditional Mining Indaba conference from February 1 to 4. (...) [179 words] [$5.4]


MALI
Ex-BNP Paribas Director Sued Over Wassoul’Or
The dispute between Jacques-Philippe Marson, former director of BNP Paribas Securities Services (BP2S) and Aliou Aboubacar Diallo, chairman of Wassoul’Or SA, which operates several gold-bearing deposits in Mali through Mansa Moussa Gold Fund (Canada), has just heated up. (...) [235 words] [$5.4]


BURKINA FASO
Volta Resources to Mine Copper from 2013
Encouraged by the strength of copper prices, trading at over USD 7,000 a tonne at end-December, mining companies are no longer holding back in copper and are venturing into territory they have kept under wraps until now. (...) [198 words] [$5.4]

FUNDING

GHANA
Perseus Moves Ahead on Ghana’s Ayanfuri Project
[122 words] [$1.8]

GUINEA
Guinea Sets Investment Target for Zogota Iron
[82 words] [$1.8]

MADAGASCAR
Antananarivo Holds Fire on Contract Revision
[124 words] [$1.8]

LOOKING AHEAD


	GUINEA Bob Adam Eagerly Awaited in Conakry [57 words] [$1.8]


	MALI Mali Chamber of Mines Goes to Court [135 words] [$1.8]


	ZIMBABWE Zimbabwe Gold Production On the Rise [43 words] [FREE]

WHO'S WHO


	GUINEA
	Kemoko Touré
	After a career spanning over 40 years, the new managing director of Compagnie des Bauxites de Guinée (CBG), Kemoko Touré, has been appointed to replace the Australian businessman Ronald Renton, who resigned from the job (AMI n°216). (...) [139 words] [$5.4]


	EQUATORIAL GUINEA
	Gabriel Obiang Lima
	The reshuffle on January 13 following presidential elections in Equatorial Guinea has not fundamentally altered responsibilities at the country’s ministry for mines, industry and energy. (...) [160 words] [$5.4]


	BURKINA FASO
	Adama Kindo
	The founder of Société Minière Kindo Adama (Somika), Adama Kindo, who comes from the north of the country, is one of few businessmen in the country able to stave off competition from the majors in Burkina’s gold sector. (...) [133 words] [$5.4]


	TOGO
	Etienne Bafaï
	Société Nouvelle des Phosphates du Togo (SNPT) now has a new man in charge. Etienne Bafaï replaces Florent Maganawé, who was ousted together with Yao Kanekatoua. (...) [185 words] [$5.4]

NOT TO BE MISSED


	Cape Town, 01-04/02 The annual African Mining Indaba 2010 is to be held on February 1-4 at the Cape Town International Convention Centre. (...)


	Livingstone, 04-07/02 The fifth edition of the Africa Mining Congress is to be held from 4 to 7 February in Zambia. (...)


	Toronto, 09/03 The 8th MineAfrica seminar will be held in Toronto, Canada on March 9. One of the most important meetings in North America on African mining, it is part of a conference held by the Prospectors and Developers Association of Canada (PDAC) in Toronto from March 7 to 10. (...)


	Dakar, 12-15/04 The Méridien Président hotel in Dakar will host the Salon International des Mines (SIM) on April 12 to 15 2010. (...)


	Niamey, 10-12/05 Minepec, the conference-exhibition on mining and oil potential in Niger, will be held in Niamey from May 10 to 12 2010, on the theme “Extractive Industries and Sustainable Development”. (...)