sharing in governance of extractive industries

GOXI's Blog – October 2011 Archive (7)

Diamonds funding parallel government in Zimbabwe as $2.6 billion goes missing - Mining.com

The following is Mining.com's commentary on a presentation made in the Zimbabwean parliament.…


Added by GOXI on October 28, 2011 at 13:30 — No Comments

Venezuela faces fresh $3.8 billion claim over nationalized gold mine - Mining.com

The International Center for Settlement of Investment Disputes has advised Crystallex International Corp. that proceedings in its $3.8 billion case against Venezuela for nationalizing gold-mining assets has begun. The Toronto-listed company’s main asset is its interest in the Las Cristinas gold project located in Bolivar State, Venezuela.

Crystallex also holds interests in the Tomi and La Victoria mines in Venezuela and on Friday closed down 70% from its 52-week high. The stock was…


Added by GOXI on October 13, 2011 at 20:56 — No Comments

Fading African LNG exports could be redirected to electricity - Oil & Gas Journal

Below is a report from a discussion at the Center for Strategic and International Studies in Washington, DC

By Nick Snow

African natural gas that is now being liquefied for export could be…


Added by GOXI on October 13, 2011 at 20:37 — No Comments

Sudan eyes 7 tonnes gold in 2011, plans refinery - Reuters

PORT SUDAN, Sudan (Reuters) - Sudan said on Sunday it expects its mining industry to produce around 7 tonnes of gold in 2011 and it plans to launch a gold refinery next year to improve the quality of its much extensive larger small-entrepreneur output.…


Added by GOXI on October 13, 2011 at 20:30 — No Comments

Rio surrenders 51% stake in Zimbabwe unit - Reuters

Rio Tinto has told Zimbabwe's government it will give up a 51 percent stake in its local diamond unit Murowa, state media reported on Saturday, making it the first foreign-owned firm to voluntarily comply with the country's local ownership law.…


Added by GOXI on October 10, 2011 at 22:30 — 1 Comment

Mining surge to increase Congo's power deficit - Reuters

By Jonny Hogg

KINSHASA (Reuters) - The Democratic Republic of Congo will see its energy deficit dramatically increase in the next four years due to a surge in demand from the…


Added by GOXI on October 6, 2011 at 16:15 — No Comments

GOXI Film Festival: CRUDE

Summary: One of the largest and most controversial legal cases on the planet. An inside look at the infamous $27 billion "Amazon Chernobyl" case, CRUDE is a real-life high stakes legal drama set against a backdrop of the environmental movement, global politics, celebrity activism, human rights advocacy, the media, multinational corporate power,…


Added by GOXI on October 4, 2011 at 18:30 — 3 Comments

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