sharing in governance of extractive industries
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By: BRIGITTE WEIDLICH
Assuming all other countries' uranium production remains constant over the next years, Namibia will produce around 32 per cent of the world uranium, the strategic environmental assessment of the central
uranium rush said. It was published online on…
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Abuja — Amidst controversy over the ongoing trial of former Liberian president, Charles Taylor, at the International Court of Criminal Justice, The Hague, Chief Femi Fani-Kayode, former presidential
spokesman, has described Taylor as "a man betrayed".
Fani-Kayode, a former minister of Aviation, who blamed his former boss, Chief Olusegun Obasanjo, Liberian president Sirleaf-Johnson and the United States for Taylor's present predicament said, "This was…Continue
Kampala, Uganda (CNN) -- The recent oil discovery in Uganda could signal an influx of unprecedented wealth for a country where more than a third of the population lives below the poverty line.
With proven reserves of two billion barrels, the east African state could soon become an important oil exporter and potentially attract major
The biggest international player is Tullow Oil, a British-Irish firm that has signed contracts with…Continue
Added by GOXI on August 19, 2010 at 17:01 — No Comments
BHP Billiton, the world’s largest mining company, said Wednesday that it would take its nearly $40 billion cash offer for the Potash Corporation of Saskatchewan directly to the shareholders, a day after the Canadian fertilizer company rejected the bid, The New York Times’s Ian Austen…Continue
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Maputo — Mozambique's Minister of Mineral Resources, Esperanca Bias, announced in Maputo on Monday that the US oil company Anadarko found oil deposits in the Rovuma Basin, in the northern province of Cabo Delgado.
Bias, who was speaking during a press conference, explained that it is still a technical presence of oil, because there is still a long way to go for the evaluation of its commercial viability.
However, said the minister, the presence of oil…Continue
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Gabon has signed deals to diversify its economy in an attempt to be less reliable on its dwindling oil reserves.
The government has announced contracts with Asian companies worth $4.5bn billion dollars.
President Ali Bongo signed the agreements on the eve of the country's 50th anniversary of its independence from France.
The projects will revamp infrastructure and create about 50,000 jobs.…
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LUSAKA – Zambia, Africa's leading copper producer, said on Tuesday that it expects a strong performance by the mines over the long-term due to rising metals prices and has urged mineworkers' unions to
support new investors.
Mines minister Maxwell Mwale told Reuters the future of copper mining appeared very promising as the price of the metal, used extensively in construction and wiring, was expected to remain
high over the long-term due to…
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JOHANNESBURG (Reuters) - South Africa's ruling African National Congress is not looking at ways to nationalise mines but wants to intervene in ways to best manage the
sector crucial to the state's economy, an official said on Tuesday.
"There must be rules to govern national interest. It is not a debate about nationalisation. It is about models of state…Continue
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