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MiningFrank Timis faces court over African mines

Sunday, 07 September 2008

article thumbnailFRANK TIMIS is no stranger to controversy. Only three years ago he sparked City outrage over the near-collapse of Regal Petroleum. Now the Romanian, who has a number of drug offences behind him, is...
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PeopleFighting spirit

Friday, 05 September 2008

article thumbnailMariatu Kamara is 22, pays close attention to fashion, makeup and hairstyles and, like many young women in Canada, started college this week.
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NewsSierra Leone president turns down huge salary increase

Wednesday, 03 September 2008

article thumbnail An attempt to increase the salary of President Ernest Bai Koroma ten-fold has sparked a public outcry and forced the resignation of his senior aide. Koroma claimed he was unaware of the...
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PoliticsSierra Leone 'revising' NGO policy

Wednesday, 03 September 2008

article thumbnail FREETOWN (AFP) — Sierra Leone said Tuesday it is "revising" its policy towards the 300-odd non-governmental organisations (NGOs) operating in the west African nation from...
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MiningMining project attracts strange bedfellows

Wednesday, 03 September 2008

article thumbnail TAKE a convicted heroin dealer, a part-owner of the Perth Glory and an ageing rock star. What could the three men possibly have in common?
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PoliticsSierra Leone president enacts anti-corruption law, declares assets

Wednesday, 03 September 2008

article thumbnailSierra Leone's President Ernest Koroma signed-off legislation Tuesday to fight corruption in the west African nation, then fulfilled his obligations by handing over a declaration of his assets.
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Diamond News

Mining News

  • Has gold bottomed even though $100 oil may be in sight? 7:58 (GMT) - 8.09.2008

    There is a glimmer of light for gold bulls as there are indications that the metal price may have bottomed even though oil is continuing its downward path.

  • Gold demand strong for another seven weeks - or not? 7:55 (GMT) - 8.09.2008

    A combination of low prices, weddings, Eid and Diwali are likely to give the physical market substantial support throughout much of September - the question is whether purchasers are buying more, or earlier, or both?

  • Booysendal - platinum belle of the ball 16:56 (GMT) - 7.09.2008

    The outcome of the platinum party currently underway will determine the path of the sector for the next 50 years.

  • Platinum miner Lonmin in merger talks to stymie Xstrata bid 15:03 (GMT) - 7.09.2008

    Media reports say Lonmin, Aquarius, Mvela could merge in a move to try and fight off hostile bid from Xstrata.

  • Rising uranium stars 10:58 (GMT) - 7.09.2008

    Amid market turmoil, good mentions go to Forsys Metals, Extract Resources, Kalahari Minerals, Summit Resources and Hathor Exploration.

  • BHP Pilbara iron ore mines reopen after fatality related closures 18:22 (GMT) - 6.09.2008

    BHP Billiton began restarting its Australian iron ore mines after shutting down operations after two miners died in separate incidents, but the Yandi mine remains shut as investigations continue.

  • Templeton ready for volatility 16:25 (GMT) - 12.12.2007

    Mark Mobius, manager of the Templeton Emerging Markets investment trust, said strong economic growth and low inflation continue to support the outlook for emerging markets.

  • Lowland on high ground 16:45 (GMT) - 4.12.2007

    Research by broker Wins suggests Lowland Investment trust may struggle to retain its premium rating given manager James Henderson's dip in relative performance this year.

  • Templeton opens up 17:20 (GMT) - 27.11.2007

    Franklin Templeton has opened its Luxembourg-registered Templeton Emerging Markets Smaller Companies SICAV to UK investors with a sterling-denominated share class.

  • Shires Income NAV falls 15:25 (GMT) - 21.11.2007

    The exposure of Shires Income investment trust to preference shares led to a fall in net asset value over the first six months of the year.

West Africa News

  • Nigeria: Yar'Adua Meets With Vice President 7:52 (GMT) - 8.09.2008

    Ahead of his resumption of work today, President Umaru Musa Yar'Adua played host to Vice-President Goodluck Jonathan, Senate President David Mark and some state governors at the Presidential Villa in Abuja last night.

  • Liberia: Church Opposes War Crimes Court 20:20 (GMT) - 7.09.2008

    The Catholic bishops here have clarified that statements by individuals, whether laity or religious, calling for the establishment of a war crimes court for Liberia are not the official position of the Church.

  • Nigeria/South Africa: Mission Accomplished - Lulu 20:10 (GMT) - 7.09.2008

    NFF president, Sani Lulu says Saturday's win over South Africa's Bafana Bafana is mission accomplished.

  • Liberia: Aid Effectiveness Top Discussion As Development Partners Met in Accra And Monrovia 10:33 (GMT) - 7.09.2008

    Liberian President Ellen Johnson Sirleaf and her Ghanaian counterpart, John Koufour, were among participants discussing Aid and its effectiveness toward development assistance.

  • Nigeria: Where is the President? 10:29 (GMT) - 7.09.2008

    UMARU Yar Adua has always taken a resigned and stoical view on the question of his health: he once said, in response to concerns about the state of his health, "my life is in the hands of God."

  • Nigeria: 'How Crashed Beechcraft 1900D Wreckage Was Found ' 10:29 (GMT) - 7.09.2008

    THE Sankwalla mountains like the letter C almost encircles Busi 2, the village where the Beechcraft 1900D crashed. The mountains did not fully encircle the village otherwise we would not have found our way into the village.

  • WEST AFRICA : Do high food prices warrant a cash response?

    DAKAR Wednesday, September 03, 2008 (IRIN) - Experts say many of the right conditions are in place across West Africa to make cash distributions work in the current global food price crisis.

  • NIGERIA: Should stopping gas flaring be a priority?

    ACCRA Wednesday, September 03, 2008 (IRIN) - Environmental experts warn gas flaring by the Nigerian oil industry in the southern Delta region causes acid rain, respiratory infections, skins diseases and land degradation in dozens of local communities, but some environmentalists defend the country’s right to continue flaring.

  • BENIN: Half million potential flood victims : WHO

    COTONOU Wednesday, September 03, 2008 (IRIN) - The World Health Organization (WHO) estimates 500,000 people are at risk of additional flooding in Benin. WHO says expected storms, the number of people living in and near recently-flooded areas, coupled with people’s unwillingness to relocate could convulse the country in more flood chaos if there is not a forced evacuation plan.

  • COTE D'IVOIRE: Malnutrition concerns in country’s prisons

    DAKAR Tuesday, September 02, 2008 (IRIN) - The International Committee of the Red Cross (ICRC) has launched a nutritional feeding programme at the main prison in Abidjan after the incidence of beriberi, a sickness linked to vitamin deficiency, reached epidemic levels.

Africa News

Africa Business

  • SA strikes oil deal with Venezuela 19:33 (GMT) - 4.09.2008

    An oil deal has been reached between South Africa and Venezuela. The South Americans are to supply crude oil to the Southern African country as part of a new agreement to strengthen their cooperation. Petro SA based in South Africa will process the supply for consumption. When Hugo Chavez of Venezuela visited Thabo Mbeki of South Africa this week he…

  • Switzerland assists Ghana`s electricity 19:19 (GMT) - 3.09.2008

    Ghana and Switzerland have signed a 13-million dollar financial agreement on Wednesday. It is to improve energy distribution and good financial governance. Under the deal, 12 million dollars will be used to implement structural changes in the electricity sector. The Minister of State for finance and Economic Planning, Anthony Akoto-Osei signed for…

  • Donors support Ghana's private sector 19:16 (GMT) - 3.09.2008

    Donors have renewed their commitment to help the private sector grow in order to play its role effectively as a partner in Ghana's economy, the Danish Minister for Development Assistance, Ulla Tornaes said on Wednesday. She was speaking at a photo exhibition mounted by five Business Sector Advocacy Challenge (BUSAC) Fund beneficiaries in Accra.…

  • Americans buy main metal firm in Egypt 10:55 (GMT) - 3.09.2008

    The American company, H.B. Fuller, has acquired majority of the assets of Egymelt, manufacturer and marketer of hot metals and special water-based adhesives in Cairo, Egypt. The Minnesota-based company announced on Wednesday that the deal opens more opportunity for them in a fast growing region. Under the terms of the deal, H.B. Fuller purchased the…

  • South Africa slips in global property ranking 10:15 (GMT) - 3.09.2008

    South Africa was no longer one of the world’s top 10 performing housing markets according to a UK-based property group, Knight Frank. It said that according to the latest global house price index, South Africa has moved down to 19th position in the second quarter of 2008. A year earlier it was 7th on the list. The index shows the southern…

  • SA executives prefer Australia to UK 9:51 (GMT) - 3.09.2008

    Australia has topped the United Kingdom as the most popular destination for executives leaving South Africa according to Human Capital at Deloitte. The firm said that the average executive turnover for Africa’s powerhouse between August 1 2007 and July 31 2008 increased to 13.5 percent from 10.5 percent during the previous period. Executives…

  • Egypt soldiers found in mass grave 17:59 (GMT) - 9.01.2008

    The bodies of 30 Egyptian soldiers believed killed in the 1967 Arab-Israeli War have been found in a mass grave in the Sinai desert close to the Israeli border

  • Five Burundian rebels killed 17:59 (GMT) - 9.01.2008

    Five Burundian rebels have been killed and three soldiers wounded in the worst fighting since a 2006 ceasefire

  • Kano hit by measles epidemic 14:59 (GMT) - 9.01.2008

    A measles epidemic in the northern Nigerian city of Kano has killed over 200 children since the start of December 2007, health workers said

  • Zimbabweans get election warning 10:59 (GMT) - 9.01.2008

    Zimbabwe police chief Augustine Chihuri has warned his force will not tolerate violence in the country's elections in March

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