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Africa Mining Intelligence/Search a Section

EXPLORATION/PRODUCTION

AFRICA MINING INTELLIGENCE n°232 - 25/08/2010 EXPLORATION & PRODUCTION
New Stab at Refining Country’s Gold

Is South Africa’s “monopoly” on gold refining in Africa on its last legs? Although it has long gathered dust on the shelf of successive governments in Accra, a project to build a gold refinery in the former Gold Coast has surfaced once again. (...) [269 words] [FREE]

AFRICA MINING INTELLIGENCE n°232 - 25/08/2010 EXPLORATION & PRODUCTION
GoviEx Zeros in on Anou Melle

On the strength of a rights issue that netted USD 5 million on top of the USD 20 million it has already raised this year, GoviEx Uranium plans to buy new drilling rigs. (...) [202 words] [$5.4]

AFRICA MINING INTELLIGENCE n°232 - 25/08/2010 EXPLORATION & PRODUCTION
Sicomines Set for Production Start in October

Sicomines is due to begin mining copper and cobalt in October following a visit to Katanga in the first half of August by Moise Ekanga, executive secretary of a Sino-Congolese coordination bureau. (...) [182 words] [$5.4]

AFRICA MINING INTELLIGENCE n°232 - 25/08/2010 EXPLORATION & PRODUCTION
Step-Up in Kabwe Manganese Production

Formed in May, Alegra Mining, a joint venture that operates the project at Kabwe, has shifted into higher gear. (...) [190 words] [$5.4]

AFRICA MINING INTELLIGENCE n°231 - 21/07/2010 EXPLORATION & PRODUCTION
Victoria Gold Star Refinery Struggling

Inaugurated with considerable fanfare in Kampala in May, the Victoria Gold Star refinery owned by Russian businessman Yuri Bogoroditskyl is experiencing difficulties. (...) [247 words] [$5.4]

AFRICA MINING INTELLIGENCE n°231 - 21/07/2010 EXPLORATION & PRODUCTION
Is Kazakhstan’s ENRC Eyeing KMT?

The Eurasian Natural Resources Corporation (ENRC), a firm co-founded by Patokh Chodiev, Alijan Ibragimov and Alexander Mashkevitch, is reportedly toying with the idea of buying Kingamyambo Musonoi Tailings (KMT). (...) [195 words] [$5.4]

AFRICA MINING INTELLIGENCE n°231 - 21/07/2010 EXPLORATION & PRODUCTION
Talks on Funding San Pedro’s Minerals Terminal

Some progress appears to have been made in talks with the African Development Bank (ADB) on bankrolling a minerals terminal at the port of San Pedro, the second biggest in Ivory Coast. (...) [169 words] [$5.4]

AFRICA MINING INTELLIGENCE n°231 - 21/07/2010 EXPLORATION & PRODUCTION
Koko Enterprise’s Business Footprint

The Cameroon & Korea Mining Corp, in which Koko Enterprise Co. Ltd bought a stake in March, has reached an agreement with the authorities in Yaounde to mine for diamonds near Yakadouma. (...) [188 words] [$5.4]

AFRICA MINING INTELLIGENCE n°230 - 07/07/2010 EXPLORATION & PRODUCTION
Vale & Mitsui Target Tambao’s Manganese

Will highly-prized manganese at Tambao -the best in Africa with content of between 52 and 53%, and 20 million tons of reserve - finally end up being extracted? (...) [277 words] [FREE]

AFRICA MINING INTELLIGENCE n°230 - 07/07/2010 EXPLORATION & PRODUCTION
Royal Bafokeng’s Aggressive Investment Strategy

Even if Royal Bafokeng Holdings’ robust mining portfolio accounts for 75% of the revenue of the company which manages the financial interests of the Bafokeng kingdom, the ancestral community in South Africa’s northern region isn’t totally immune to economic crunches. (...) [230 words] [$5.4]

AFRICA MINING INTELLIGENCE n°232 - 25/08/2010 EXPLORATION & PRODUCTION
Areva in Hot Seat in its African Bastion

France’s Areva finds itself facing stiff challenges in Niger, where it remains the leading private employer. Famine is threatening the country and its president, Salou Djibo, met with the boss of the group, Anne Lauvergeon, last month in Paris to appeal for her help. (...) [373 words] [$5.4]

AFRICA MINING INTELLIGENCE n°232 - 25/08/2010 EXPLORATION & PRODUCTION
Coal Opportunities Lure Investors

With several companies poised to begin production, Mozambique’s coal reserves are still stirring lust among investors. Hing Qinghua, president of the Chinese group of the same name based in Inner Mongolia, travelled to Maputo early this month to sniff out opportunities. (...) [282 words] [$5.4]

AFRICA MINING INTELLIGENCE n°232 - 25/08/2010 EXPLORATION & PRODUCTION
Pilot Scheme for Bakouma

France’s Areva group has focused in recent months on a pilot scheme after a choppy start to the year when it was reprimanded by mines minister Sylvain Ndoutingai concerning the timetable for beginning to extract uranium at Bakouma (AMI 119). (...) [220 words] [$5.4]

AFRICA MINING INTELLIGENCE n°232 - 25/08/2010 EXPLORATION & PRODUCTION
Namdeb Seeks Funding for Expansion Drive

After resolving a tug of war with unions - it granted a 10% hike in wages to workers who walked off the job for two days in July - Namdeb unveiled a major investment program in August. (...) [205 words] [$5.4]

AFRICA MINING INTELLIGENCE n°231 - 21/07/2010 EXPLORATION & PRODUCTION
A New Copper Hub - for China

The days have long passed when Anglo American ruled the roost in Zambia’s copper industry. After the mining giant’s spectacular departure in 2002, copper mining went from bad to worse in the country and that lasted untilVedanta Resources (which rehabilitated the Konkola Copper Mines) and specially China Nonferrous Metal Mining Group Co Ltd (CNMC) arrived to turn matters around. (...) [355 words] [FREE]

AFRICA MINING INTELLIGENCE n°231 - 21/07/2010 EXPLORATION & PRODUCTION
Wadi Seeks Arbitrage on Tambao’s Manganese

The current bidding round to award mining rights for the Tambao manganese project (see AMI’s last issue ) is being carefully monitored by Wadi Al Rawda Industrial Investments. (...) [270 words] [$5.4]

AFRICA MINING INTELLIGENCE n°231 - 21/07/2010 EXPLORATION & PRODUCTION
Sakeni Turns Hand to Manganese

After serving as deputy home affairs minister during the presidency of Levy Mwanawasa, Kennedy Sakeni threw himself into the manganese business. (...) [212 words] [$5.4]

AFRICA MINING INTELLIGENCE n°231 - 21/07/2010 EXPLORATION & PRODUCTION
New Gold Mine at Sabodala

In the wake of Mineral Deposits Ltd., which inaugurated the first gold mine at Sabodala in March, 2009, Oromin Exploration Ltd (listed on the Toronto Stock Exchange) is due to shortly start building a new gold mine in the area. (...) [223 words] [$5.4]

AFRICA MINING INTELLIGENCE n°230 - 07/07/2010 EXPLORATION & PRODUCTION
Conakry Intent on Taking Stake in Simandou

The authorities are turning up the heat on Rio Tinto/Simfer SA. On June 25 the company received a warning from prime minister Jean-Marie Dore. (...) [359 words] [$5.4]

AFRICA MINING INTELLIGENCE n°230 - 07/07/2010 EXPLORATION & PRODUCTION
Who’s Behind Highwind Properties?

More is now known about the mysterious firm which penned an agreement with Gecamines to work tailings from Kingamyambo Musonoi. (...) [291 words] [$5.4]

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