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Central Africa Natural Resources News is an EIN News Service for mining professionals. Constantly updated news and information about Central Africa Mining.
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Latest Central Africa Natural Resources News

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  • Hana Mining reveals one of Africa's largest silver and copper districts 24 Nov 2009 08:20 GMT
    ... HOME > BASE METALS Hana Mining reveals one of Africa's ... one of the largest copper and silver deposits in Africa that can rival the Zambian ... has come up with a similar sized resource, and there is huge potential for the ...

  • Sundance resumes Mbalam drilling 24 Nov 2009 01:21 GMT
    ... Sundance Resources Ltd has resumed drilling at its Mbalam ... have been completed at the main Mbarga Deposit utilising the Sandvik DE710 track mounted drill ...

  • Eni to buy Heritage's 50% interest in blocks 1 and 3A in Uganda 24 Nov 2009 12:31 GMT
    ... An additional consideration of US$150 million, in cash or ... the most important African sedimentary basins, have resources for more than 1 billion barrels of oil ... already been discovered from about 28 wells drilled in the area. The development of these ...

  • Heritage sells fields to Eni, ends Genel Energy talks 24 Nov 2009 01:35 GMT
    ... cash so we’ve certainly got the financial resources to undertake some very large transactions,” Paul ... end of Lake Albert, bring estimated recoverable reserves of 300 million barrels of oil, although ongoing exploration aims to uncover more. Heritage says on ...

  • ICC schedules Lubanga trial 24 Nov 2009 12:36 GMT
    ... The Hague - The International Criminal Court announced on ... genocide. Ituri, a region rich in natural resources, was from 1999 wracked by ethnic bloodshed ... militias with battles for control of gold mines and other resources. Though the DR Congo ...

  • Unpacking Industrial Vs Mass Democracy [opinion] 24 Nov 2009 12:15 GMT
    ... THOSE who believe that Zimbabwe is in so much ... up to see what looked like noisy metallic birds dropping lethal bombs all over their ... only good enough for labour provision. Their resources are there to give profits to investors ...

  • First Quantum diversifies African exposure 23 Nov 2009 18:18 GMT
    ... irst Quantum Minerals spent $260-million (U.S.) on Monday to change ... record when it comes to dealing with resource companies. On Monday, the Vancouver-based company boosted ...

  • First Quantum: A Move to Legitimize African Mining 23 Nov 2009 19:24 GMT
    ... ) spent $260 million (U.S.) on Monday to change the ... change the way investors view the African mining play. owns a number of properties in ... record when it comes to dealing with resource companies. On Monday, the Vancouver-based company boosted ...

  • First Quantum Minerals to Acquire Kiwara PLC 23 Nov 2009 07:16 GMT
    ... Kiwara and Cardiff Property plc, City National Resources High Yield Trust, Derek Joseph, New African ... The Licence Area includes the Kalumbila Copper deposit. On October 21, 2009, Kiwara announced the ... of copper or gold, estimation of mineral reserves and mineral resources, our exploration and development ...

  • First Quantum Minerals to Acquire Kiwara PLC Cash and Equity Transaction Valued at Approximately US$260.2 Million 23 Nov 2009 08:13 GMT
    ... Kiwara and Cardiff Property plc, City National Resources High Yield Trust, Derek Joseph, New African ... The Licence Area includes the Kalumbila Copper deposit. On October 21, 2009, Kiwara announced the ... of copper or gold, estimation of mineral reserves and mineral resources, our exploration and development ...

  • Canadian mining firms face abuse allegations 23 Nov 2009 10:14 GMT
    ... Canadian mining companies are facing allegations of abuse ... wrong – mining copper, gold and other metals brings only prosperity to these poor regions. ... seven Canadian companies accused of illegally exploiting resources from the Democratic Republic of the Congo, ...

  • Obama in China, China in Africa 23 Nov 2009 05:53 GMT
    ... (NNPA) President Obama has taken his populist style ... Congolese infrastructure, and got control of mining deposits in return. Investments in oil and gas ... independence? If foreign powers own critical natural resources, how does it affect African countries ability ...

  • Eni Buys Uganda Oil Exploration Blocks From Heritage Oil for $1.5 Billion 23 Nov 2009 13:33 GMT
    ... two years. Eni is seeking to expand reserves with fields in Africa, central Asia and ... an e-mailed report. “The development of these resources will require great synergy with Uganda’s infrastructure programs, ... Field in 2007, six wells have been drilled in both blocks, discovering about 300 million ...

  • FACTBOX-Uganda's oil industry 23 Nov 2009 13:24 GMT
    ... Uganda now believes it has confirmed oil reserves of 2 billion barrels, up from 300 ... west of the country. * Natural gas deposits have been found in many drilled areas, ... million barrels of recoverable reserves. * Tower Resources and Global Petroleum have block 5, covering ...

  • Heritage Oil Enters Into a Letter of Intent to Sell Its Ugandan Interests for Up to US$1.5 Billion 23 Nov 2009 07:42 GMT
    ... Heritage Oil Plc (TSX:HOC)(LSE:HOIL), an independent upstream exploration and production company, announces that a wholly ... 1 shareholder circular, which will include a Mineral Experts Report on the Company's material assets, ... such as: risks relating to estimates of reserves and recoveries; production and operating cost assumptions; ...


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