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Antioquia Gold Drilling Colombian Assets
Colombia has emerged as a prolific source of new gold deposits during the last several years, and Antioquia Gold Inc. is the latest TSX Venture listed company to begin exploration there. Antioquia controls a 100% interest in 6 mining concessions covering a total of 279 hectares (Guayabito) and a 90% interest in 2 additional [...]
Pan African Mining Corp.’s Sakoa South Coal Project Greenlighted by Malagasy Government
PAN AFRICAN MINING CORP. is pleased to announce that it has now received full environmental permitting from the Malagasy Government to commence exploration and development of its interests in the Sakoa South Coal deposit. The Company holds Research Permits covering 64 squares, which represents an area of approximately 400 sq. km., in Southwest Madagascar. It [...]
Cuban Oil and Ethanol Could Prosper in Havana’s Hunt for Energy Supplies
• The pace is now quickening for the Cuban oil industry, whose previous dependence on Moscow for its supplies and operations ended with the demise of the Soviet Union
• Havana is on track for securing energy independence through relationships with foreign investors, including China and Venezuela, among others
• Venezuela proudly flaunts its involvement in the [...]
China mixes rice and neo-colonialism
When China, one of the world’s most corrupt countries, starts dishing out tens of billions of US dollars in aid and business contracts in Africa, the world’s most corrupt continent, alarm bells go off in Washington and other Western capitals. The fact that China turns a blind eye to widespread human-rights abuses on the continent [...]
Foreigners kidnapped from oil ship in Nigeria
Two Norwegians and two Ukrainians were kidnapped at gunpoint from an oil services ship off the coast of Nigeria on Wednesday, the latest in a series of abductions in Africa’s top oil producer, authorities said.
In a separate hostage crisis in another part of the oil producing Niger Delta, militants issued a photograph of their German [...]
In Africa, China Trade Brings Growth, Unease
Every time newspaper publisher Trevor Ncube visits his native Zimbabwe, he said, there seem to be more Chinese. He sees them shopping at boutiques, driving fancy cars, picking up their children from elite private schools.
And as in much of Africa, Ncube said, China’s reach into Zimbabwe’s economy is equally pervasive: The roads are filled with [...]
