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	Africa Mining Intelligence /Latest Issue

N°206

Paris, 01/07/2009

Country Channels

Gaelle Arenson

NIGERIA

Editor in Chief

Chinese Bank Eyeing Up Coal Prospects

The Industrial and Commercial Bank of China (ICBC) is seeking to generalise its financing operations in thermal coal. (...)

EXPLORATION & PRODUCTION


NAMIBIA
Financiers Behind Russian Uranium Projects
Like the Chinese, Russian interests are linking up with African banks to gain a foothold in the continent’s mining and energy markets. (...) [342 words] [$4.7]


CONGO-B
DMC Mining Partners with Pointe Noire
DMC Mining Ltd is moving ahead with the infrastructure phase of the Mayoko iron project at the same time as pursuing its exploration programme. (...) [207 words] [$4.7]

STRATEGIES

Abuja

Choice of NIOMCO Auditor Expected Soon
[87 words] [$1.5]

Windhoek

"Blood Diamonds" Takes Wider Meaning
[138 words] [$1.5]

Lusaka

Mining Code to be Revised Again
[84 words] [$1.5]


UGANDA
IBI to Imitate Areva’s Deal in Congo-K
IBI Corp of Canada is soon to submit a proposal for a strategic partnership in uranium to the Kampala government, along the lines of the agreement concluded between Areva and the Democratic Republic of Congo. (...) [220 words] [$4.7]


ANGOLA
Omani Firm to Service Alrosa and Escom
As part of its strategy to cut costs and wait for better times, (see AMI N°205), Sociedade Mineira do Camatchia e Camagico, operator of the Luo project, will now be working with a local team. (...) [184 words] [$4.7]


COPPER/COBALT
DRC Central Bank Gives In On Chinese Cash
After numerous attempts, Gecamines finally obtained a payment of USD 50 million from the Banque Centrale du Congo (BCC) on June 22. (...) [270 words] [$4.7]


CAMEROON
Speculation over Mobilong Diamond Reserves
A year and a half after South Korean interests set up in diamond exploration at Mobilong (and Limokoali) near Yokadouma in the east of the country (AMI N°174), wild rumours are doing the rounds about the size of the reserves discovered there. (...) [286 words] [$4.7]


CONGO-K
Banro Raises CAD 100 million for Twangiza Gold
Banro Corp last week completed a CAD 100 million fund-raising exercise for developing its gold project at Twangiza in Congo-K. (...) [118 words] [$4.7]

FUNDING

LESOTHO
Green Light Given for Motapa Diamonds Buy
[79 words] [$1.5]

BOTSWANA
Debswana Borrows to Fund Running Costs
[143 words] [$1.5]

CAMEROON
Discord Persists Between Geovic and SNI
[114 words] [$1.5]

LOOKING AHEAD


	TANZANIA USD 50 million for Transparency [65 words] [$1.5]


	ZAMBIA Chambishi to Restart Soon [34 words] [FREE]


	CENTRAL AFRICAN REPUBLIC Is Saifee Durbar out? [68 words] [$1.5]


	ANGOLA Expulsion of Diggers Continues [50 words] [$1.5]

WHO'S WHO


	ZIMBABWE
	Zéphirin Diabré
	Areva continues to expand its portfolio of exploration permits in Southern Africa. Following South Africa and Namibia, where the French company obtained a foothold after buying UraMin in 2007, Areva is now very interested in Zimbabwe. (...) [112 words] [$4.7]


	GUINEA
	Steven Din
	The new chairman and CEO of Simfer, Rio Tinto’s subsidiary in Guinea, was presented to government members at a reception on June 26. (...) [76 words] [FREE]


	ZAMBIA
	Tau Xinyhu
	The chairman of the China Nonferrous Metal Mining Company (CNMC) last week committed to make a success of buying Luanshya Copper Mines (LCM). (...) [133 words] [$4.7]


	GUINEA
	Joep Coenen
	This former managing director of Société Minière de Dinguiraye (SMD) in Guinea is taking the helm at Société des Mines de Fer de Guinée (SMFG), BHP Billiton’s iron ore exploration unit in which Newmont Lasource is a shareholder alongside CFMM and Mifergui Nimba. (...) [65 words] [FREE]


	TANZANIA
	Liberata Mulamula
	The chairwoman of the International Conference on the Great Lakes Region (ICGLR) is working on creating a system for certifying Congolese ores similar to the Kimberley Process for diamonds. (...) [209 words] [$4.7]

NOT TO BE MISSED


	Johannesburg, 14-17/07 Terrapinn is to hold the 2009 African Mining Congress in Johannesburg on July 14-17. The meeting will take place at the Sandton Convention Centre. (...)


	Dar es Salaam, 11-13/08 Spinintelligent is organising a seminar, iPAD East Africa, in Dar es Salaam from August 11 to 13, on energy infrastructure for the mining sector. (...)


	Johannesburg, 02-04/11 The MineTech International show will be held this year in Johannesburg (South Africa) from November 2 to 4. (...)


	Bamako, 03-06/11 A 13th conference and exhibition on oil, mining and gas trading and finance in Africa will be staged in Bamako from November 3 to 6. (...)