vssmnn Posted April 10, 2010 Author Report Share Posted April 10, 2010 "World's largest untapped gold deposit" http://www.moneyweb.co.za/mw/view/mw/en/pa...&pid=287226 Link to comment Share on other sites More sharing options...
vssmnn Posted April 12, 2010 Author Report Share Posted April 12, 2010 April 2010 Investor Presentation http://stocknessmonster.com/news-item?S=TG...SX&N=486907 Link to comment Share on other sites More sharing options...
vssmnn Posted April 15, 2010 Author Report Share Posted April 15, 2010 Kilo Goldmines Update on Somituri Project Exploration http://www.marketwatch.com/story/kilo-gold...nk=MW_news_stmp Link to comment Share on other sites More sharing options...
vssmnn Posted April 15, 2010 Author Report Share Posted April 15, 2010 BANRO: Cutting through red tape to strike gold in Congo http://www.theglobeandmail.com/globe-inves...article1534764/ Banro believes that Twangiza will have a 28-year life. However, to save money, the company will begin with a 12-year open-pit phase to mine the higher-grade gold on the site. That said, the company’s long experience with Congo’s bureaucracy is an advantage for Banro. The next challenge is arranging the financing to reach production – “a highly important milestone,” Mr. Zaunscherb said. Link to comment Share on other sites More sharing options...
vssmnn Posted April 20, 2010 Author Report Share Posted April 20, 2010 SA slides in mining rankings For the second successive year the DRC has been declared the most promising exploration area in the world - if regulation is not taken into account. http://www.fin24.com/articles/default/disp...nistStory=False Link to comment Share on other sites More sharing options...
vssmnn Posted April 21, 2010 Author Report Share Posted April 21, 2010 Tiger Resources Kipoi Stage 1 Development Update http://www.stocknessmonster.com/news-item?...SX&N=488021 Link to comment Share on other sites More sharing options...
vssmnn Posted April 23, 2010 Author Report Share Posted April 23, 2010 Firm poised for growth with new DRC office http://www.miningweekly.com/article/firm-p...fice-2010-04-23 With a newly launched office in the second- largest city of the Democratic Republic of Congo (DRC), earth and water resource specialist SRK Consulting has taken a bold step to reinforce the company’s presence in Africa. The new Lubumbashi office is an assurance to clients that it is serious about doing business in the DRC, and the company’s presence will be advantageous in attracting future contracts in the country. SRK Consulting chairperson Roger Dixon says that the company experienced a surge in work during 2009 in the DRC, which is continuing into 2010 Link to comment Share on other sites More sharing options...
vssmnn Posted April 23, 2010 Author Report Share Posted April 23, 2010 Loncor reports initial gold assay results from its Yindi prospect at Ngayu Project http://www.stockhouse.com/financialTools/s...;newsid=7710030 Link to comment Share on other sites More sharing options...
vssmnn Posted April 25, 2010 Author Report Share Posted April 25, 2010 African Metals To Drill Luisha South In May http://www.officialwire.com/main.php?actio...&rid=131629 Link to comment Share on other sites More sharing options...
vssmnn Posted April 28, 2010 Author Report Share Posted April 28, 2010 DRC to require "clean" diamond exports by mid-June http://www.postzambia.com/post-read_articl...?articleId=8518 Link to comment Share on other sites More sharing options...
vssmnn Posted May 2, 2010 Author Report Share Posted May 2, 2010 Namakwa H1 Revenues $36.2 Million http://www.idexonline.com/portal_FullNews.asp?id=33970 In the DRC, trial-mining production increased 29 percent to 23249 carats compared to 18011 in the second half of fiscal 2009. Link to comment Share on other sites More sharing options...
vssmnn Posted May 3, 2010 Author Report Share Posted May 3, 2010 Metmar focuses on mineral production to bolster faltering bottom line http://www.businessday.co.za/articles/Content.aspx?id=107683 Metmar’s Kivu Resources subsidiary had identified 19 tin and tantalum ore bodies in Rwandan concession areas, while its concessions in the Democratic Republic of Congo contained what may be the richest deposit of tin known, Ellwood said. Operations in the Congo had seen “significant progress” thanks to the improving political situation in its eastern region. “That project has been hampered by the military intervention and the civil unrest experienced in the last five years, but there’s been a real drive by the United Nations towards a long-term sustainable settlement of the area. That will greatly improve our position.” Link to comment Share on other sites More sharing options...
vssmnn Posted May 4, 2010 Author Report Share Posted May 4, 2010 Gilla Granted "Avis Favorable" on 4 Gold Exploration Licences (PR) in the Democratic Republic of Congo http://www.marketwatch.com/story/gilla-gra...nk=MW_news_stmp CARSON CITY, Nev., May 3, 2010 (GlobeNewswire via COMTEX) -- Gilla Inc. /quotes/comstock/11k!glla (GLLA 0.07, 0.00, 0.00%) (the "Company") is pleased to announce that following the applications made by it's 100% owned Congolese subsidiary, GISOR SPRL, ("GISOR") on 999 "carres miniers" consisting of 4 gold properties located in the Democratic Republic of Congo (DRC), the Company was granted an "Avis Favorable" for 4 properties on March 10, 2010, by the Cadastre Minier (CAMI). The Certificates evidencing the grant of the permits should be delivered in the next few months. The Certificates entitle GISOR to conduct gold exploration on the granted Exploration Licences (Permis de Recherches "PR") on an area covering approximately 849 square kilometres (84,900 Hectares / 328 Square Miles). "It should be noted that the permits represent a sizeable position for Gilla in the area, considering the lack of available permits and high demand for any permits that become available. The permits are located in well established gold areas coveted by other DRC players looking to add valuable prospective gold assets to their portfolios," said Daniel Barrette, Chief Operations Officer of the Company, who added: "We are delighted with the co-operation GISOR has secured in the DRC and of the efficacy of all the individuals who have been instrumental in securing the "carrs miniers"". PERMIT LOCATION AREA CERTIFICATE -------------------- ------------------------- -------------------------- ----------------------------------------- - Mwenga Territory - SOUTH KIVU Province - South of Bukavu City - TOLAMBO gold area lies on the east side PR 11925 - Contiguous to Banro Avis Favorable (TOLAMBO PROJECT) Corporation's permit to ("Favourable Notice") the South and to the issued on March 10, 2010 East 85 square kilometres -------------------- ------------------------- -------------------------- ----------------------------------------- - Uvira Territory - SOUTH KIVU Province - South of Bukavu City and East of Mwenga City PR 11927 - Contiguous to Banro (KALENGA PROJECT) Corporation's permit to the West 84.15 square kilometres Avis Favorable issued on March 10, 2010 -------------------- ------------------------- -------------------------- ----------------------------------------- - Mambassa Territory - Ituri District - ORIENTAL Province PR 11929 - Kilo-Moto area Avis Favorable issued on March 10, 2010 (EPULU PROJECT) - ~100 Km South of RANDGOLD 340 square kilometres -------------------- ------------------------- -------------------------- ----------------------------------------- - Mambassa Territory - Ituri District - ORIENTAL Province PR 11930 - Kilo-Moto area Avis Favorable issued on March 10, 2010 (EPULU PROJECT) - ~100 Km South of RANDGOLD 340 square kilometres Link to comment Share on other sites More sharing options...
vssmnn Posted May 7, 2010 Author Report Share Posted May 7, 2010 Tiger Resources Announces Receipt of Final Approvals for Trafigura Financing Package http://www.tigerresources.com.au/aurora/as...nts%20Final.pdf Perth, Western Australia: Tiger Resources Ltd (ASX/TSX – TGS) (“Tiger” or the “Company”) is pleased to announce that shareholder and final regulatory approvals have now been received in respect of the combined equity and debt financing package arrangement with Trafigura Beheer B.V. (“Trafigura”). The financing package includes the provision of two debt facilities by Trafigura: a US$12 million Loan Note Facility and a US$15 million Subordinated Loan Facility. Together with the funds from the proposed Nedbank/ECIC debt facility, the funds from the Trafigura debt facilities will be used to complete Tiger’s payment obligations to acquire a 60% interest in the Kipoi Project (US$12 million) and to meet the funding requirements for the Stage 1 development at Kipoi (US$30 million). In conjunction with the financing package, Tiger is pleased to announce the appointment of Mr Jesus Fernandez and Mr Deon Garbers, both representatives of Trafigura, to the Tiger Board as Non-executive Directors. Tiger believes the experience and expertise of Mr Fernandez and Mr Garbers will further assist the Company in achieving the goal of bringing the Kipoi Project into production by the end of 2010. Link to comment Share on other sites More sharing options...
sokimo Posted May 12, 2010 Report Share Posted May 12, 2010 "World's largest untapped gold deposit" http://www.moneyweb.co.za/mw/view/mw/en/pa...&pid=287226 Do you think we will ever be compensated for this nationalisation ? Link to comment Share on other sites More sharing options...
vssmnn Posted May 12, 2010 Author Report Share Posted May 12, 2010 Do you think we will ever be compensated for this nationalisation ? not necessary, you only will buy a lot of new weapons Banro Announces Terms of CDN.$ 125,050,000 Financing http://www.stockhouse.com/tools/?page=%2Ff...ewsid%3D7736821 Link to comment Share on other sites More sharing options...
sokimo Posted May 12, 2010 Report Share Posted May 12, 2010 not necessary, you only will buy a lot of new weapons Banro Announces Terms of CDN.$ 125,050,000 Financing http://www.stockhouse.com/tools/?page=%2Ff...ewsid%3D7736821 buy weapons ???? Did i miss something Mobutu nationalised the kilo moto goldmines without compensation and now the DRC privatised it again. Better would be to return the kilo moto goldmine to the original owners Link to comment Share on other sites More sharing options...
vssmnn Posted May 16, 2010 Author Report Share Posted May 16, 2010 Congo Oil Proposals Would Short-Change Country -Advocacy Group http://online.wsj.com/article/BT-CO-201005...latestheadlines DOW JONES NEWSWIRES Proposed oil contracts between U.K.-listed companies and Congo's government would short-change the country, U.K.-based research and advocacy group Platform said Wednesday, but company and government officials said the critique was off the mark. The group said the key terms of the proposed agreements with U.K.-based Tullow Oil PLC (TLW.LN) and Heritage Oil PLC (HOIL.LN) to operate in the oil-rich Lake Albert basin would, if recognized, cut Congolese government revenues by over $10 billion. Heritage and Tullow oil operate three blocks on the Ugandan side of the Lake Albert basin and people familiar with the situation have said Tullow is close to regaining the rights on the Congolese side, which it lost in 2007 after a dispute with the government. "Tullow and the British Embassy in Kinshasa have been lobbying hard for these contract terms," Platform said. "This represents a significant transfer of wealth from some of Africa's poorest to British and Irish investors." However, a Tullow Oil spokesman said in an emailed statement that calculating possible revenues, royalties or payments to the Congolese government is "absurd and premature" because no exploration of the license area has taken place and no agreements have been ratified. "Tullow fully recognizes the sensitivity of resource extraction in Congo and is committed both to transparency and to the highest standards of environmental protection in any potential future operations," he said. Heritage couldn't comment immediately. A Congolese government official at the mining licensing body, Cadastre Minier, told Dow Jones Newswires separately that the government is working closely with relevant stakeholders to ensure that the oil deals are in the best interests of the Congolese people. "I think the NGO is not aware of what is happening on the ground," he said by telephone from Kinsansha. The official said the new oil code being formulated will regulate the sector more effectively and is expected to be passed before the end of the year. At least 1 billion barrels of hydrocarbons have been confirmed in three blocks on the Ugandan side of the Lake Albert basin and commercial oil production is slated to start later this year. Link to comment Share on other sites More sharing options...
vssmnn Posted May 16, 2010 Author Report Share Posted May 16, 2010 Kilo Reports Gold Values Including 140 g/t Au and Up to 99.98% Recovery by Cyanide Leach From Somituri Artisanal Workings http://www.marketwatch.com/story/kilo-repo...nk=MW_news_stmp Link to comment Share on other sites More sharing options...
vssmnn Posted May 28, 2010 Author Report Share Posted May 28, 2010 Tiger completes US$12M payment and moves to 100% of Comin http://www.asx.com.au/asxpdf/20100528/pdf/31ql1m59gtkxbp.pdf Link to comment Share on other sites More sharing options...
vssmnn Posted May 31, 2010 Author Report Share Posted May 31, 2010 Congo is beggared and corrupt as ever http://www.thestar.com/news/world/article/...corrupt-as-ever Link to comment Share on other sites More sharing options...
vssmnn Posted May 31, 2010 Author Report Share Posted May 31, 2010 La route Bukavu – Burhinyi en réhabilitation http://translate.google.de/translate?hl=de...habilitation%2F The road Bukavu - Burhinyi rehabilitation publié il ya 13 heures, 25 minutes, sous En bref , Sud Kivu . Vous pouvez suivre les réponses à cet article grâce au RSS 2.0 . published 13 hours ago, 25 minutes, under In short , South Kivu . You can follow any responses to this entry through the RSS 2.0 . La multinationale Banro Mining est en train de réhabiliter le tronçon Butuza – Burhinyi, long de 30 kilomètres et qui conduit vers les gisements miniers de Twangiza en chefferie de Luhwindja, selon le chef de poste d'encadrement administratif de Burhinyi. The multinational Banro Mining is currently rehabilitating the section Butuza - Burhinyi, 30 km long and leads to the mineral deposits in Twangiza Luhwindja chiefdom, as the chief administrative support position of Burhinyi. Conséquence, la circulation devient de plus en plus aisée sur la route Bukavu – Burhinyi en territoire de Mwenga, à plus de 85 kilomètres au sud-ouest de Bukavu. Consequently, the movement is becoming increasingly easy on the road between Bukavu - Burhinyi Mwenga territory, more than 85 km south-west of Bukavu. La société Banro procède, selon la même source, au profilage de la route et à la construction des ponts. The company Banro proceeds, the source said, profiling of the road and bridge construction. Link to comment Share on other sites More sharing options...
vssmnn Posted June 6, 2010 Author Report Share Posted June 6, 2010 Congo should review Lake Albert oil deals http://www.alertnet.org/thenews/newsdesk/LDE64C175.htm Link to comment Share on other sites More sharing options...
vssmnn Posted June 7, 2010 Author Report Share Posted June 7, 2010 http://www.finanzen.net/nachricht/aktien/D...-CorpShs-804534 June 1, 2010 Reverse Circulation drill testing of the Luisha South Project in the Democratic Republic of the Congo commences VANCOUVER, BC – Nigel Ferguson, the President of African Metals Corporation (TSX Venture Exchange: AFR) is pleased to report that it has commenced Reverse Circulation [“RC”] drill testing of its Luisha South Project in the Katanga Provence of Democratic Republic of Congo. Luisha South Project Located along strike and to the Northwest of Tiger Resources’ Kipoi Project, the Luisha South Project of approximately 16.2km² has excellent exploration potential contained in the historical Luisha South open pit and within the 3,000 metres of potential mineralised strike extension to the south east of the Luisha South Pit. Previous mining work during the 1940’s by Union Miniere of Katanga (230,000t @ 10.1%Cu and 2%Co), and more recently by artisanal miners, was limited to high grade ore shoots now exposed in a 250m long, 80m wide and 30m deep mining pit. Recent small scale mining by TSM Enterprises on the footwall of the mined-out pit has exposed a Cu and Co rich sequence hosted in carbonaceous breccias in a chalk rich matrix. The high grade nature of these mineralised units was verified by field investigations carried out by African Metals Corporation staff during early 2010. Titan Drilling Congo sprl were contracted early in May and have now mobilized to site, completed site preparations and commenced drilling the first hole on Friday 28th May 2010. Luisha South Project RC Drilling Program Planned drilling of approximately 2,500 metres of RC in approximately 24 holes, is to target an initial eight shallow drill holes from the pit floor and a further six drill holes from the south western wall, to test mineralisation expected to be present in both the footwall and at depth below the pit floor. A further nine drill holes have been planned to test the projected and possibly offset southern extension to mineralisation. All drill holes will be angled at between -55° and -70° drilling towards the northeast. A further anticipated 500 to 600 meters of HQ diamond core will also be undertaken but a diamond drilling contractor is yet to be secured and advanced negotiations are underway with two contractors. Further updates will be reported as they become available. Link to comment Share on other sites More sharing options...
vssmnn Posted June 12, 2010 Author Report Share Posted June 12, 2010 Congo Targets 35% Stake In Future Mining Projects -Official Read more: http://www.nasdaq.com/aspx/stock-market-ne...rojectsofficial Link to comment Share on other sites More sharing options...
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