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Review And Analysis : Gold Mining Industry Development and Mining Companies Growth In China
Over the last few weeks we’ve been paying more attention to China as it emerges from the East. There are three reasons why China poses such an interesting potential return of value for traders.
A very interesting read is an interview with Jim Rogers about his thoughts on China.
“While he says that China is the only [...]
Nigeria Develops New Legal and Regulation for Mining Exploration and Industry
Nigeria has developed a new legal and regulatory framework for mining, in addition to carrying out a number of institutional reforms, the country’s Minister of Mines and Steel, Deziani Allison-Madueke, said here Friday.
OphiraVencap Inc. Announces Proposed Qualifying Transaction with North Sea Energy Inc.
OphiraVencap Inc. (”OPHIRA”) announces that on July 27, 2007 it signed a Letter of Intent (the “Letter of Intent”) with North Sea Energy Inc. (”NORTH SEA”), an arm’s length party, for the potential acquisition of all the issued and outstanding shares of NORTH SEA whether directly, by way of three cornered amalgamation, or by merger [...]
Ghanaians express fear over oil discovery
FEARS HAVE been expressed by some Ghanaians that the discovery of oil in Ghana might be a resource curse rather than a blessing, citing the example of Nigeria and the poor state of Tarkwa and Obuasi after several years of gold mining gold.
A cross-section of Ghanaians the Business Chronicle spoke to expressed the fear because [...]
Africa’s natural resources have led to conflict and corruption
Million dollars is annually versed in Africa by the international oil companies. Million more is spent with the exploratory companies. It is a resource which is essential to the world economy. Consequently it should produce money to address health and the social questions of the oil-producing countries about the continent.
Oil and other mineral resources have [...]
Nigeria: Obasanjo Signs New Mining Law
President Olusegun Obasanjo yesterday signed the Mining Bill into law, predicting a new dawn for the country’s mining industry. He said the new mining law was bound to accelerate foreign direct investment in the sector.
The President whose speech was read by the Secretary to the Government of the Federation Chief Ufot Ekaette at the opening [...]
Petro-Power and the Nuclear Renaissance
With global demand for energy constantly rising and supplies contracting (or at least failing to keep pace), the world is being ever more sharply divided into two classes of nations: the energy haves and have-nots, says Michael Klare.
Not “Islamo-fascism” but “Energo-fascism” — the heavily militarized global struggle over diminishing supplies of energy — will dominate [...]
IMICON 2007 to Spur Mining Expansion in Nigeria
The nation’s mining sector is on the threshold of a major expansion, as the 2nd International Mining Investment Conference and Exhibition on Nigeria (IMICON 2007) will take place from February 13 to 15 2007, at the Transcorp Hilton Hotel, Abuja.
The forum, described as the biggest annual mining event in the country, is being organised by [...]
Controversy over the operation of the Petroleum Technology Development Fund (PTDF)
As the controversy over the operation of the Petroleum Technology Development Fund (PTDF) rages on, Minister of Science and Technology, Professor Turner Isoun, has disclosed that the partnership that led to the use of PTDF money for projects in the ministry was meant to aid development of indigenous manpower and technology.
Justifying the application of the [...]
