~aufrica 0 online
Members of #~aufrica
Moderators
Members
click to invite
@MiningBookGuy Just realized $THX updated their powerpoint for the first time since last year: https://www.thorexpl.com/site/assets/files/1408/thor_121conf_may17_press.pdf Lots of new info! I will need to look at this more closely. Main project #Nigeria, but interesting smaller projects in #Senegal & #BurkinaFaso. Just wish it was cheaper (who knew #Nigeria would be given a premium!) $THX ~AUfrica #Africa #WestAfrica
0
click to invite
@MiningBookGuy Ivory Coast soldiers revolt over bonus pay dispute http://www.reuters.com/article/us-ivorycoast-military-gunfire-idUSKBN1881B8 h/t @sndwky #IvoryCoast ~AUfrica
0
1
click to invite
@MiningBookGuy the good and the bad in #IvoryCoast. lingering military issues...but strong moves by mining players in the country. I am still very positive #IvoryCoast, but always a few doubts in the back of my mind (and this type of thinking goes for MANY countries/jurisdictions I follow!)
2
click to invite
@MiningBookGuy Sierra Leone rejects $7.8 million offer for world's largest diamond https://www.youtube.com/watch?v=6DiVo92zspo+ #SierraLeone #diamond #diamonds ~AUfrica #index That headline misleading ( this is 706 carats ... $LUC diamonds a lot bigger, right?)...in any case, sounds pretty disappointing, and the image not very flattering.
0
click to invite
@MiningBookGuy Chinese VP Li Yuanchao concludes Senegal visit https://www.youtube.com/watch?v=XOKAvM13BK4+ #Senegal #China #infrastructure ~AUfrica
0
click to invite
@MiningBookGuy Commercial rail begins service from Addis Ababa to Dire Dawa https://www.youtube.com/watch?v=JyGoZzac44o+ #Ethiopia #Djibouti #RailRoad #infrastructure #EastAfrica #Africa ~AUfrica #China - funded rail...keep in mind most of the #Africa videos I post are from Chinese TV :P But it's a whole lot better than Western-coverage of Africa!
2
click to invite
@FundamentalAnalysis @MiningBookGuy HAHA i suscribe to that channel as well on youtube.
1
click to invite
@MiningBookGuy Ivory Coast soldiers stage fresh revolt over pay http://www.aljazeera.com/news/2017/05/ivory-coast-soldiers-stage-fresh-revolt-pay-170512151100422.html #IvoryCoast #Mutiny #Cocoa ~AUfrica There are new details and a summary of what has transpired so far. The following quotes from the article are a useful (and somewhat scary) update: [Al Jazeera's Ahmed Idris, reporting from Maidugiri, in Nigeria, said the revolt had caused banks and shops to close in Abidjan on Friday. "While less intense than the first one [mutiny]… nobody is willing to bet that this will not escalate," he said. "Already, people, civil servants, businessmen have closed shops fearing that this can escalate and most parts of Abidjan, we were told a few hours ago, were empty because people were afraid things can get out of hand." Lyngaas told Al Jazeera that the unrest was testing the "credibility of the government … and the ability of the soldiers to fall in line behind a leader is still elusive". He added: "There isn't a lot of coherence to the way this mutiny seems to be unfolding."]
1
click to invite
@MiningBookGuy Mutinous soldiers cut off Ivory Coast's second city http://www.reuters.com/article/us-ivorycoast-military-idUSKBN18906W #IvoryCoast #Mutiny #Cocoa ~AUfrica "Mutinous soldiers in Ivory Coast shot three people on Saturday and cut off access to the second largest city, Bouake, as a revolt escalated over demands for bonus payments." expecting further updates in the coming days...
0
click to invite
@MiningBookGuy @Ruffus23 RE: https://ceo.ca/edv?37015842a4b6 #ebola #DRC #Congo - I saw you posted this in $EDV room. But $EDV has no known interest in #DRC #Congo. This is NE Congo, as posted by @ayeyou earlier: http://news.sky.com/story/person-tests-positive-for-ebola-in-democratic-republic-of-congo-10874168 Companies with the most concern in the region include $RRS.L #Rangdgold $AGG.AX #Anglogold $KGL $ANL.AX $AFM, and likely some others I'm not aware of. #ebola really devastated #Liberia a few years ago, and the next most impacted country was #Guinea to my understanding. It DID happen in #DRC #Congo in 2014 as well. but thankfully was contained as written in that article: "The DRC suffered a three-month outbreak of Ebola in 2014. Although it was quickly contained, 49 people were killed." This is important to monitor, and I thought it was worth putting into context. #Africa ~AUfrica
1
click to invite
@Amicus I'm wondering how much of that is even true.. I've heard Ebola isn't real.. I'm interested in $AFM as a tin play, but I AM nervous about anything in the Congo of course. Do you own $AFM Nick? Checkout 42:00 on this vid: http://www.bnn.ca/rick-rule-s-top-investing-ideas-may-12-2017-1.750430
0
click to invite
@MiningBookGuy Ivory Coast launches military operation to quash mutiny http://www.aljazeera.com/news/2017/05/ivory-coast-launches-military-operation-quash-mutiny-170514191658372.html #IvoryCoast #Mutiny #Cocoa ~AUfrica "Ivory Coast has launched a military operation "to re-establish order" after soldiers who staged a three-day mutiny over bonus payments refused the army's demand to disarm."
0
0
click to invite
@MiningBookGuy @Amicus RE: https://ceo.ca/~aufrica?1233c7cdee92 - I do not own $AFM. I did catch that #RickRule clip, and it does sound very interested. NorthEast #DRC #Congo is likely somewhat at risk for #ebola outbreak in general...it's VERY hard to tell. As you mentioned, #Congo is at risk for A LOT of different things. I do not necessarily think #ebola is one of the top risks at this point, but that could change in the coming weeks. For #tin, $AFM does sound like a true standout, I believe Rick even said #Tier1 (*edit - @BruceWayne confirmed he DID say #tier1, I just checked the $AFM room). I am at least more interested in learning in about #tin as well, simply from the clip. ~AUfrica
1
click to invite
@MiningBookGuy @Amicus - consider this the beginning of #ebola coverage in ~AUfrica: BREAKING: WHO confirms second Ebola case in Congo outbreak http://www.reuters.com/article/us-health-ebola-congo-idUSKCN18A0ZP "The World Health Organization (WHO) confirmed on Sunday a second case of #Ebola in Democratic Republic of Congo after an outbreak this week of 17 other suspected cases. Health officials are trying to trace 125 people thought to be linked to the cases identified in the remote northeastern province of Bas-Uele province in northeastern Congo near the border with Central African Republic, WHO's Congo spokesman Eugene Kabambi said." #Congo #DRC #CentralAfricanRepublic #index
0
1
click to invite
@MiningBookGuy Sudan’s new cabinet gets sworn into office https://www.youtube.com/watch?v=N3zMQvXvDeQ+ #Sudan #politics ~AUfrica
0
click to invite
@MiningBookGuy Heavy gunfire erupts in Ivory Coast's two main cities http://af.reuters.com/article/topNews/idAFKCN18B0P5-OZATP "Heavy gunfire erupted on Monday in Ivory Coast's two largest cities of Abidjan and Bouake as the military said it pressed an operation to quash a four-day nationwide army mutiny over bonus payments, witnesses said." #IvoryCoast #Mutiny #Cocoa ~AUfrica
0
click to invite
@FundamentalAnalysis A riskier play, given that its only a small gold producer, but slowly I think $SHG.L is becoming more and more interesting. I'm not a buyer yet but depending on price action I maybe eventually. Company produces dore bars not concentrates so operating fine in Tanzania. current price is 7.26p...one of the large shareholders Ketan I believe has a big stake in the company. There are a lot of successful indian origin businessmen in Kenya/Tanzania as a side note so Ketan I would presume must know something to retain such a large stake.
1
click to invite
@MiningBookGuy Uganda Economy: South Sudan unrest threatens to cripple Ugandan traders https://www.youtube.com/watch?v=yQNg_Vhcyn8+ #Uganda #SouthSudan ~AUfrica
0
click to invite
@MiningBookGuy Egypt Economy: IMF approves loan instalment, praises reform progress https://www.youtube.com/watch?v=ptXhXRu-qCc+ #Egypt #IMF #inflation ~AUfrica
0
click to invite
@MiningBookGuy @FundamentalAnalysis - high risk/high reward for $SHG.L! #Tanzania has moved down my list as a jurisdiction in #Africa. It MIGHT improve...but I consider the recent news I've posted in the #Tanzania room to be some real negative momentum/hurdles that need to be overcome. I know it is a plus to be producing dore bars over concentrate. But it feels like the government is more likely to keep changing the rules than to stick to 'something that works', and that creates major uncertainty for investors, never a good thing. $ACA.L is still the bellwether...if things get better for them, it's a good sign for all other players! ~AUfrica
0
click to invite
@MiningBookGuy Cote d'Ivoire Unrest: Banks remain closed as soldiers' revolt over unpaid bonuses https://www.youtube.com/watch?v=mXo901eXDkE+ #IvoryCoast #Mutiny #BanksClosed #cocoa ~AUfrica
1
click to invite
@MiningBookGuy West African hits 472.2 g/t gold at M1 South 29.5m at 20.6 g/t gold from 349.5m http://www.asx.com.au/asxpdf/20170516/pdf/43j90k0qmny3dh.pdf $WAF $WAF.AX #gold #BurkinaFaso #Africa #HighGrade ~AUfrica #index High-grade results from depth at M1 South; - 29.5m at 20.67 g/t AU from 349.5m including 0.5m at 472.2 g/t Au - 22m at 10.52 g/t from 373.5m - 15m at 12.4 g/t Au from 431.5m
3
click to invite
@Vaughan Can someone with a geological mind tell me how $WAF is not more expensive. I keep seeing news release after news release of ridiculously high grades. Is there no continuity of resource or something? #MBGTrends
3
click to invite
@MiningBookGuy only around for a few more minutes. But I LOVE what this new $SWA NR means for the company strategically. The first image ( http://www.marketwire.com/library/MwGo/2017/5/15/11G138836/Images/News_Release_20170515_-_Figure_1-68a54c64a5199466a207b1e5ee23e518.jpg+ , from bottom of NR) is crucial for understanding the following: - There are now FOUR, 100% owned properties surrounding #GoldenHill for $TGZ ( #Bondi + the #ThreeBee properties announced in this NR). - It's very clear that IF further discoveries are made at #GoldenHill, $TGZ is going to have to 'do something' with $SWA (ie. strategic investment, takeout, etc.) - $SWA has A LOT of opportunity for further exploration potential here. Unfortunately, rainy season is coming soon. But I think this solidies the combination of #consolidation / #exploration as value drivers for the company - $SCA (Savary) has nothing to do with all of these new properties. #Karankasso is very important to both companies...but this further emphasizes how strategic #Bondi was in the first place, with this #ThreeBee announcements - And as part of the #ThreeBee, #Botoro (the new one) is especially key, as it's adjacent to #SouthHounde, the #1 property for $SWA that $ACA.L is earning-into at the moment. This further emphasizes the possibility of a bidding war between $ACA.L and $TGZ (let alone other players, because $SMF is in this mix and perhaps purposefully not included in the map), if ANY major further #exploration is achieved. BOTTOM LINE: I think announcements have been slower than expected for $SWA. But this is a BIG one, and I look forward to progress in this area. (*Disclosure - I am a very biased shareholder of $SWA & $TGZ, with a small position in $SCA as well) #BurkinaFaso #SouthHoundeBelt #HoundeBelt ~AUfrica #index @marketwired/sarama-resources-increases-exploration-interests-in
5
click to invite
@MiningBookGuy BREAKING: Ivory Coast soldiers agree to end mutiny, return to barracks http://www.reuters.com/article/us-ivorycoast-military-agreement-idUSKCN18C0ZP?il=0 #IvoryCoast #mutiny #cocoa ~AUfrica back to business! but still potential for issues. good coverage on this, at the end of the partial quotes below: "Renegade troops in Ivory Coast accepted a government proposal on bonuses and returned to barracks on Tuesday, ending a mutiny that had closed businesses, shut major roads and threatened years of economic progress in the world's top cocoa producer. ... Cocoa exporters at Abidjan port resumed buying beans from the country's interior after a one-day closure, and banks re-opened. The western port of San Pedro remained closed, but exporters there said work would recommence on Wednesday. International commodities traders Olam International, Cargill [CARGIL.UL] and Barry Callebaut ship cocoa from both of the ports. ... The agreement risks angering other factions in the military, who launched counter-mutinies after the government paid the mutineers bonuses of 5 million CFA francs ($8,400) each in January. It could also provoke a new strike by public sector workers, who resent the soldiers' ability to force government concessions through violence."
2
click to invite
@TheNextBigRush Good to hear about an agreement @MiningBookGuy - that was short-lived! It happened in Brazil earlier this year too...
3
click to invite
@MiningBookGuy @TheNextBigRush - yeah, it was intense following the news the last few days...when i first started posting at ceo.ca, there was the attempted coup in burkina and then the presidential elections. thankfully things worked out...but you never know! whatever happens, at least we know that commercial mining is vital to most of the economies of #WestAfrica
2
click to invite
@MiningBookGuy @Vaughan RE: https://ceo.ca/~aufrica?1007e9ea4dd5 - seems the 'geological minds' of CEO.CA don't seem to care about your $WAF $WAF.AX question. @Teevee, any thoughts from you on the following question from @Vaughan? "Can someone with a geological mind tell me how $WAF is not more expensive. I keep seeing news release after news release of ridiculously high grades. Is there no continuity of resource or something?" @Teevee is the only respected 'geological mind' I know that had an interest in $WAF at an earlier stage of the company. Maybe some quick new thoughts? ~AUfrica #mbgtrends
0
click to invite
@Ruffus23 Ore has been forgotten lately. I expect updated reserves soon. Very good drill results last month.
1
click to invite
@Vaughan Ore has been left for dead, no doubt
0
click to invite
@MiningBookGuy Kenya Oil Industry: Tullow discovers new oil well in northern Kenya https://www.youtube.com/watch?v=lyoWNWMsv18+ $TLW.L #Kenya #oil #discovery ~AUfrica
0
click to invite
@MiningBookGuy Senegal-Ghana Ties: Two presidents discuss regional security, ECOWAS https://www.youtube.com/watch?v=oLoCTIKMHto+ #Senegal #Ghana #WestAfrica #ECOWAS ~AUfrica
0
click to invite
@MiningBookGuy DRC Ebola Outbreak: Government confident the virus can be contained https://www.youtube.com/watch?v=_XQaKx2K-7Q+ #ebola #DRC #Congo ~AUfrica
0
click to invite
@Excelsior Canada’s $TV Trevali picks up $GLEN.L Glencore #zinc mines in #Africa Shareholders have approved the planned #acquisition, worth about $400 million. Cecilia Jamasmie | about 5 hours ago #Index ~AUfrica http://www.mining.com/canadas-trevali-picks-glencore-zinc-mines-africa/
1
click to invite
@MiningBookGuy Congo plans to re-introduce mining code revision next week http://www.reuters.com/article/us-congo-mining-idUSKCN18F0XD h/t @sndwky #DRC #Congo #MiningCode ~AUfrica #index
4
click to invite
@MiningBookGuy Tanzania: Acacia Mining to Lay Off 100 Employees, Close Buzwagi http://allafrica.com/stories/201705190076.html $ACA.L #Tanzania #gold #Buzwagi ~AUfrica This is close to the original plans...but perhaps accelerated because of ongoing tension between $ACA.L and #Tanzania government.
1
0
click to invite
@MiningBookGuy French President Macron's first non-Europe trip focuses on fighting extremism https://www.youtube.com/watch?v=Eh8kaiGOFJA+ #Macron #France #Mali #WestAfrica #FrancophoneAfrica ~AUfrica
0
click to invite
@MiningBookGuy Chinese Foreign Minister Wang Yi heads to Africa https://www.youtube.com/watch?v=0ZyIIZXpb7g+ #China #Africa ~AUfrica "The Chinese Foreign Minister has embarked on a trip to Africa. The five-day visit will see him tour #Mauritania, #CapeVerde, #Mali and Cote d'Ivoire ( #IvoryCoast ). This is Wang Yi's second trip to the continent this year. The first was in January, where he toured #Madagascar, #Zambia, #Tanzania, the Republic of Congo ( #CongoBrazzaville ) and #Nigeria. The visits are aimed at boosting Sino-African relations. They follow the recent conclusion of the One Belt, One Road Forum in Beijing ( #OneBeltOneRoad ). The initiative plays a vital role in developing African #infrastructure and economies. It also complements the African Union's Agenda 2063, which aims to integrate the continent and to develop sustainable economies."
1
click to invite
@MiningBookGuy DR Congo health officials: Fourth death reported, 37 cases confirmed https://www.youtube.com/watch?v=nHuL6kHutPI+ #ebola #DRC #Congo ~AUfrica
1
click to invite
@MiningBookGuy Malian prime minister hails China's role in international affairs https://www.youtube.com/watch?v=IAREinmwrNM+ #Mali #China #infrastructure ~AUfrica
1
click to invite
@MiningBookGuy Chinese foreign minister vows support to Cote d'Ivoire https://www.youtube.com/watch?v=GCVWgB3s_po+ #IvoryCoast #China ~AUfrica
2
click to invite
@MiningBookGuy Egyptian president's profile boosted after Trump praises him https://www.youtube.com/watch?v=ODZU-dI0h-0+ #Egypt #ElSisi #Trump #MiddleEast ~AUfrica
1
1
click to invite
@MiningBookGuy $ACA.L Acacia Mining share price plummets after eagerly awaited report alleges firm hid exports http://www.cityam.com/265352/acacia-mining-share-price-plummets-after-eagerly-awaited ~AUfrica #index $ACA.L absolutely hammered today! Interesting how no one has mentioned this yet. Terrible 'news' for the company, not good for #Tanzania either.
3
click to invite
@FundamentalAnalysis $ACA.L hammered again down 11%..... see @MiningBookGuy I was paying attention :p
2