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@MiningBookGuy Sudan, Russia sign agreements to develop mining sector http://www.sudantribune.com/spip.php?article60531 #Sudan #Russia #mining Hat-Tip @PiercePoints. This is indirectly good for $ORG in #Sudan. Partial Quote from Article: [Sudanese and Russian governments have on Thursday signed several agreements to develop Sudan’s mining sector after three days of discussions in the Sudanese capital, Khartoum. Director of Geological Research Corporation, Al-Nour Koko, signed for the Sudanese government and Facile Stainouef signed for the Russian Geology Company. In a press statement after the signing ceremony, Sudan’s minister of Minerals, Ahmed Sadiq al-Karouri, said the agreements are the fruits of the Sudanese Russian Joint Committee. In December, Sudan and Russia signed 14 agreements on investment in oil, minerals and banking sectors at the end of the Sudanese Russian Joint Committee meetings. “The agreement with Russian Geology Company includes development of minerals and the geological laboratory,” said al-Karouri, adding that the agreement includes benefiting from Russian advanced mining technology as a pioneer country in the field. Al-Karouri pointed that the agreement includes drawing a detailed geological map for Sudan which would be used for promoting mineral sector and as a database for minerals in the country.]
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@MiningBookGuy Nigeria, Iran to Strengthen Relations in Mining http://allafrica.com/stories/201610140130.html #Nigeria #Iran #Mining #MiningTech #coal #oil #OPEC #exploration Hat-Tip @PiercePoints. Really piling on the positive #Nigeria stories lately, a big surprise to me. This one particularly interesting, as both of these countries need to diversify away from #oil, and both are VERY prospective for mining! This could be a 'win-win' by the end of this cycle...
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@MiningBookGuy BRICS investment project: members signs a MoU in the mining sector http://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/brics-investment-project-members-signs-a-mou-in-the-mining-sector/articleshow/54879774.cms #BRICS #gold #mining #Russia #Brazil #India #China #SouthAfrica #Siberia hat-tip @PiercePoints. Funky (and possibly important) developing story. Partial Quote: "BENAULIM, GOA: SUN Gold Limited (“SUN Gold”), China National Gold Group Corporation (“China National Gold” or “CG”), the Russian Sovereign Investment Fund, “Far East and Baikal Region Development Fund (FEDF), and partners from Brazil and South Africa Sunday announced that they have signed a Memorandum of Understanding (“BRICS Gold MOU”) on the sidelines of the BRICS Summit to develop the Kluchevskoyegold deposit located in the Chita region of Russia in Eastern Siberia. The project, in the mining sector, is the first BRICS investment project."
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@MiningBookGuy No restrictions on Sudan’s gold exports: minister http://sudantribune.com/spip.php?article60675 hat-tip @PiercePoints #Sudan #gold $ORG Partial Quote: [Sudan’s Minister of Minerals Ahmed Sadiq al-Karouri on Thursday assured investors from Oman Sultanate that there are no restrictions on Sudanese gold export. The Minister expected that more mining companies to enter production stage within the coming two years. In August, Sudanese government said that it would take measures to avoid any possible ban by U.S Administration on Sudan’s gold exports. The measures include importing gold refinery and two factories to be able to sell the Sudanese gold directly in the international markets. At the time, al-Karouri expected that Washington would try again to impose ban on Sudan’s gold exports after its failure to issue a decision form United Nations Security Council. “All the mining companies working in Sudan are able to export their gold production without any restrictions,” al-Karouri told the Omani investors on Thursday, pointing that that U.S sanction impose restrictions on importing modern mining equipment and financial transactions.]
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@MiningBookGuy Peru copper miner MMG bypassing protesters at Las Bambas to ship ore http://www.reuters.com/article/copper-peru-las-bambas-idUSL1N1CY1LN hat-tip @PiercePoints #Peru #copper #LasBambas #MMG
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@racker Here's One Critical Threat Averted For The Global #Platinum Industry: @piercepoints - Amplats offers unions 7 percent wage hike, 'peace' clause http://reut.rs/2finbps
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@MiningBookGuy Nigeria senate chairman says gov't needs to clarify use for new mining funds http://www.vanguardngr.com/2016/10/need-result-n30bn-mining-intervention-fund-senator-manager/ hat-tip @PiercePoints #Nigeria #mining
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@MiningBookGuy Egypt's first gold mining tender since 2009 set for early December http://english.ahram.org.eg/NewsContent/3/12/248995/Business/Economy/Egypts-first-gold-mining-tender-since--set-for-ear.aspx hat-tip @piercepoints #Egypt #gold #mining #ArabianNubianShield #index And Egypt wants more companies to join $AAN!
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@MiningBookGuy #Egypt - This Well-Positioned Gold Nation Is Granting Its First Licenses In 7 Years http://piercepoints.com/mining-investment-exploration-gold-egypt-licensing-round-nubian-shield-ethiopia/ @PiercePoints #PiercePoints #ArabianNubianShield #gold #Ethiopia #Sudan #index Nice little write-up from @PiercePoints, I was only aware of this from his twitter feed in the first place. As mentioned before, this is good for all companies in #ArabianNubianShield, but #Egypt news especially good for $AAN & $CEE $CEY.L & $STI.L. Interesting note to bring up $NEM, didn't realize their #greenfields focus is #Utah #Guyana & #Ethiopia. I'll need to look into that!
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@hunter We ought to invite Dave Forest/ Piercepoints to CEO.CA. I will send him a link. @PiercePoints #PiercePoints
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@MiningBookGuy Barrick Gold, partner win dispute over cancelled Pakistan mining project https://www.thestar.com/business/2017/03/21/barrick-gold-partner-win-dispute-over-cancelled-pakistan-mining-project.html (h/t @PiercePoints) $ABX $ANTO.L #Pakistan #RekoDiq #Copper #Gold "The Reko Diq project sits in the restive province of Balochistan, which shares a border with Afghanistan and Iran, and was estimated to have cost more than $3 billion to develop."
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@MiningBookGuy Exclusive: Philippines allows suspended miners to ship out nickel ore after clampdown http://www.reuters.com/article/us-philippines-mining-exclusive-idUSKBN16V0EI (h/t @piercepoints) #Philippines #nickel "The Philippines' environment ministry has allowed eight suspended nickel ore miners to ship out stockpiles of mined ore, sources told Reuters, temporarily boosting supply from the world's top exporter of the raw metal after a major crackdown."... "Allowing the halted mines to sell their stocked #nickel ore is aimed at limiting the potential build up of silt in nearby waters, an official with knowledge of the order said, rather than the government toning down its campaign."
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@MiningBookGuy The World's Top Gold Nation Just Found Its Largest Deposit In History http://piercepoints.com/mining-investment-exploration-gold-china-discovery-shandong/ #China #Shandong #gold #discovery @PiercePoints #PiercePoints "All told, Shandong Gold estimates the current gold resource here at over 382 tonnes — equal to 12.3 million ounces. With the company saying the deposit could grow to 550 tonnes, or 17.7 million ounces. A mark officials said would be China’s largest gold find ever.The grade is reportedly high, at 4.52 grams per tonne."
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@MiningBookGuy Anglo American aims for copper expansion in Peru, but not yet http://finance.yahoo.com/news/anglo-american-aims-copper-expansion-124505233.html (h/t @PiercePoints) $AAL.L #Copper #Peru
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@MiningBookGuy BHP official urges Chile copper industry to adopt sweeping changes http://mobile.reuters.com/article/idUSKBN1761OE (h/t @PiercePoints) $BHP #Chile #Copper #WorldCopperConference
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@MiningBookGuy This Group Just Closed The World's Largest-Ever Hard Assets Fund http://piercepoints.com/energy-mining-investment-exploration-global-infrastructure-partners-fund-largest-ever-hard-assets-preqin/ "Private equity analysts Preqin reported yesterday that the Global Infrastructure Partners III fund closed on $15.8 billion in new cash during the first quarter 2017. Making this the biggest PE fund ever created focusing on hard assets." #PrivateEquity #PEfund #energy #GlobalInfrastructurePartners #Infrastructure @PiercePoints #PiercePoints
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@MiningBookGuy @DJS - I just caught this post from you: https://ceo.ca/aufrica?f0dee5c16bab It was in the #AUfrica room, but NOT the ~AUfrica panel (it's confusing!). Thanks for copying the content, and I'll add the link and a bit more: Did Africa's #2 Gold Nation Just Suspend All Mining Projects? http://piercepoints.com/mining-investment-exploration-ghana-license-suspension-small-scale/ #Ghana #gold #Africa #ArtisanalMining @PiercePoints #PiercePoints I still like #Ghana as a jurisdiction, but this obviously isn't good news. Remains to be seen how much it affects 'small scale mines' vs 'all projects', as Dave said here: "But officials did not confirm whether the licensing suspension applies just to small-scale mines, or to all projects. Leaving open the possibility that new projects may be completely off the table for the time being." IF ANYTHING, it's almost surely a boost for #Sudan to climb up to #2 in overall #gold production in #Africa, which most people are still completely unaware of. I will keep pounding home the point that #Sudan is the 'big surprise' of the last few years in the #gold world. I am very biased on this point with $ORG ...but it really is worth mentioning, because they have this great slide in their recent powerpoints that is directly related to 'Africa gold production' rankings: http://cdn.ceo.ca/1cfh8fv-Top_Gold_Producing_Africa.png+ This is the type of news that starts to get people to question a long-time, leading #gold nation ( #Ghana ), and quietly builds interest in an emerging one ( #Sudan ).
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@MiningBookGuy Downgrades to curtail prospects in mining industry http://www.iol.co.za/business-report/economy/downgrades-to-curtail-prospects-in-mining-industry-8791647 "The downgrades of #SouthAfrica’s sovereign rating to sub-investment could see mining companies delay investments in projects owing to, among others, increased borrowing costs, according to a local mining expert." h/t @PiercePoints #SouthAfrica #mining ~AUfrica #index
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