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AFRICA MINING INTELLIGENCE n°274 - 23/05/2012
AFRICA
Glencore pursues strategy switch in mines
Once an ultra secret trader in raw materials - its discretion made the reputation of its founder Marc Rich -Glencore International Plc is transforming itself across the board. After beginning to invest upstream in the mining sector and floating on the stock exchange a year ago in order to inject a degree of transparency into its image, the Switzerland-based company is poised to negotiate infrastructure and commodity accords directly with governments, as Chinese groups began to do a few years back. (...)  [289 words]   [$11,2]
AFRICA MINING INTELLIGENCE n°274 - 23/05/2012
SENEGAL
Health Corp spies golden opportunity
In a complete turn-around for Health Corporation, which had operated up to now in the biotechnology field, the Australian company has struck an agreement to wholly buy out its countryman Erin Mineral Resources Plc. (...)  [255 words]   [$7]
AFRICA MINING INTELLIGENCE n°274 - 23/05/2012
IVORY COAST
Predictive Discovery targets Birimian
An Australian explorer listed on the Australian Securities Exchange and already active in prospecting for gold in Burkina Faso (on the Bonsiega and Bangaba prospects in the east), Predictive Discovery Ltd (PDL) intends to plant its flag in Ivory Coast. (...)  [243 words]   [$7]
AFRICA MINING INTELLIGENCE n°274 - 23/05/2012
SOUTH AFRICA
Coal: Malelane pre-feasibility study by year’s end
Less than a year after floating on London’s AIM, Ferrex Plc has just wound up a scoping study on its blue ribbon Malelane iron ore project in South Africa. (...)  [208 words]   FREE
AFRICA MINING INTELLIGENCE n°273 - 09/05/2012
BURUNDI
Certification: turning up heat on Bujumbura
In step with rules of a mechanism established by the International Conference on the Great Lakes Region (ICGLR), a system to certify and trace minerals in Burundi (gold, cassiterite and coltan) is due to start functioning on December 15. However, there are numerous obstacles and if the deadline is missed exports of Burundi’s mining goods could simply be banned. (...)  [280 words]   [$11,2]
AFRICA MINING INTELLIGENCE n°273 - 09/05/2012
BOTSWANA
African Energy in railway talks
African Energy Resources is very much on the move these days. The Australian junior plans to wind up a feasibility study on its Sese coal project in Botswana by the end of the year. (...)  [255 words]   [$7]
AFRICA MINING INTELLIGENCE n°273 - 09/05/2012
NAMIBIA
Etango’s uranium looks ever sweeter for suitors
A few months after a takeover bid by China’s Hanlong Group fell through, Bannerman Resources is in a better position than ever to find a strategic partner- it has completed a feasibility study on its blue ribbon project, Etango, which lies just 20 km south-west of the Rossing uranium mine. (...)  [255 words]   [$7]
AFRICA MINING INTELLIGENCE n°273 - 09/05/2012
GUINEA
EITI’s Bittiger sees a few problems
Germany’s Tim Bittiger, regional director of the Extractive Industries Transparency Initiative for West Africa, held talks on May 3-4 with both Guinea’s government and Conakry’s EITI steering committee concerning a number of shortcomings in the financial reporting and validation processes. (...)  [213 words]   FREE
AFRICA MINING INTELLIGENCE n°272 - 25/04/2012
IVORY COAST
President quashes mining reform bill
An attempt by mines and oil minister Adama Toungara to win back control of Ivory Coast’s mining sector (AMI 270/271) by submitting a new mining bill looks unlikely to succeed. Indeed, the opposite seems the case. The draft bill of a new mining code that Toungara presented to President Alassane Ouattara on March 26 for his signature was rejected by the leader’s office. (...)  [269 words]   [$11,2]
AFRICA MINING INTELLIGENCE n°272 - 25/04/2012
NAMIBIA
North River pumps out Namib lead mine
Under restoration for a little over a year, the Namib lead and zinc mine near the coast has been deflooded. (...)  [202 words]   [$7]
 
AFRICA MINING INTELLIGENCE n°274 - 23/05/2012
SOUTH AFRICA
Transnet biting off more than it can chew?
The extension of the local railway network in South Africa’s Limpopo region has long been awaited by mining operators as a way of boosting the development of the Waterberg coal fields. (...)  [348 words]   [$7]
AFRICA MINING INTELLIGENCE n°274 - 23/05/2012
SOUTH AFRICA
Coal: SNR upgrades tie with Trasteel
A year after signing an exclusive off take agreement with the Swiss trader Trasteel International (AMI 248), Strategic Natural Resources Plc (SNR) has shifted into higher gear. (...)  [170 words]   [$7]
AFRICA MINING INTELLIGENCE n°274 - 23/05/2012
IVORY COAST
Spatial Dimension updates land registry
An affiliate of South Africa’s MS Group. Spatial Dimension, was awarded a contract in early May to update Ivory Coast’s land registry under a program financed by the World Bank’s fund to bolster the capacity of mining institutions. (...)  [168 words]   [$7]
AFRICA MINING INTELLIGENCE n°274 - 23/05/2012
CONGO-K
SNDL stakes its claim on Lupatapata diamonds
A new company named Societe Miniere de Diamant de Lupatapata (SMDL) recently began exploration work on a 50 sq.km. license that bears the same name in Eastern Kasai in Congo-K. (...)  [211 words]   [$7]
AFRICA MINING INTELLIGENCE n°273 - 09/05/2012
MALI
The tough tasks facing mines minister Toure
Appointed minister for trade, mines and industry in Cheick Mobido Diarra’s transitional government, Ahmadou Toure is under extreme pressure to reassure investors in what is a highly unstable political and security environment. (...)  [297 words]   [$7]
AFRICA MINING INTELLIGENCE n°273 - 09/05/2012
SOUTH AFRICA
Continental Coal builds up Ferreira for starters
An unknown operator on South Africa’s coal scene just two years ago, Continental Coal Ltd is making up for lost time. (...)  [166 words]   [$7]
AFRICA MINING INTELLIGENCE n°273 - 09/05/2012
TOGO
Schneider Electric to upgrade Togo’s SNPT
Champagne corks are popping at the French arm of the Schneider Electric group. The branch, chaired by Guy Dufraisse and based at Ruel Malmaison near Paris, won a hard-fought contest for a project to modernize and upgrade infrastructure of Societe Nouvelle des Phosphates du Togo (SNPT). (...)  [162 words]   [$7]
AFRICA MINING INTELLIGENCE n°273 - 09/05/2012
MOZAMBIQUE
Africa Rainbow could mine Rovuma’s nickel
A prospecting program pursued by Rovuma Resources Lda in Cabo Delgado province in northern Mozambique since 2004 has finally borne fruit. (...)  [188 words]   [$7]
AFRICA MINING INTELLIGENCE n°272 - 25/04/2012
GUINEA
RusAl/Friguia: a strike to test Alpha Conde
Tension is near breaking point between UC RusAl and president Alpha Conde. The Friguia alumina refinery that the Russian group manages has been on strike since the first week of April, with workers demanding a basic salary of $300 per month. (...)  [334 words]   [$7]
AFRICA MINING INTELLIGENCE n°272 - 25/04/2012
NAMIBIA
Phosphates: Clearer idea for Sandpiper
A feasibility study on Sandpiper’s marine phosphates project some 160 km south of the port of Walvis Bay, which has been under development for some years, has yielded its first results. (...)  [222 words]   [$7]

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