Tag Archives: deposit

Living the FATCA life in Africa: New U.S. tax regulations add to burden of compliance on financial institutions across Africa

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Lithium Market Becoming More Reliant on Batteries for Continued Strong Demand Growth

Rise in Consumption and Future Demand Driven by Lithium-ion Batteries

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MasterCard to Power Nigerian Identity Card Program

13 Million Cards to be issued first, in largest card rollout of its kind in Africa

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Property players in for a great ride 2013

It looks as if 2013 is set to provide opportunities for commercial investors, that is if experts are to be believed.

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ZENITH BANK SHINES DESPITE COUNTRY ‘GRAPPLING WITH BAD DEBTS’

Zenith Bank (Gambia) Limited, a subsidiary of Zenith Bank PLC., West Africa’s biggest and most profitable bank has recorded outstanding results in all indices of financial standing, for its third year of operations in the country, as confirmed in its 2012 audited annual report.

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Regional Air Core Drilling Continues to Identify Anomalous Gold at PMI Gold’s Kubi Gold Project

Key Points:

  • PMI Gold’s Kubi tenements are located 15km south of and along strike from AngloGold Ashanti’s high grade Obuasi Mine (60Moz pre-mined), and 12km north-east of Perseus Mining’s 6.6Moz Edikan Gold Mine.
    • Regional Air Core drilling, targeting favourable structures and gold anomalies identified in previous auger drilling, continues to identify zones of shallow gold mineralization along the highly prospective Ashanti and Kubi Shears which strike for the length of the Kubi Project.
    • A total of 549 Air Core holes have been drilled for 24,818m. All assay results have been received.
    Results indicate shallow anomalous gold is extensively distributed along the Ashanti and Kubi Shears, identifying valuable exploration targets for further follow-up drilling. Encouraging intersections received include (true width is 60-70% of the stated intersection length):
    • 24m @ 1.87g/t Au from 0m
    • 10m @ 3.42g/t Au from 9m
    • 11m @ 1.19g/t Au from 21m
    • 2m @ 5.43g/t Au from 18m

    PMI Gold Corporation (TSX: PMV) (ASX: PVM) is pleased to announce a regional Air Core drilling program at their 100% owned Kubi Gold Project has been completed and all assay results have been received.

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FXCM-MENA participates in The 8th Jordan Forex Expo & Awards for the fifth time

About FXCM

Trade with confidence with one of the world’s largest forex brokers. FXCM products are now exclusively available in the Middle East and North Africa, through FXCM MENA.
Traders will benefit from local customer support, local wire transfers with quick deposit and withdrawal services as well as local credit/debit card funding.
They will also benefit from FXCM’s No Dealing Desk execution model, which eliminates any conflict of interest between broker and trader.
FXCM MENA is based in Beirut, Lebanon and is authorized and regulated by the Central Bank of Lebanon (BDL List of Financial Intermediation Companies #16).
Contact us at +961 1 986 686 Mondays to Fridays (24hrs/day, Fridays our offices close at 11pm) and Sundays from 12pm to 6pm and from 10:30pm to 8:30am or email us at sales@fxcmmena.com

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Great Western Minerals Group files mineral resource estimate on Steenkampskraal rare earth deposit, South Africa

TSX Venture Symbol: GWG
OTCQX: GWMGF

CUSIP: 39141Y 10 3

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Zimbabwe’s Central Bank investigation opens a can of worms

 

An investigation conducted by the Reserve Bank of Zimbabwe (RBZ) into operations of the country’s Micro-Finance Institutions (MFIs) and money-lending institutions has exposed a plethora of illegal activities by the institutions impacting on the country’s economic development.

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PMI AND KEEGAN AGREE TO TERMINATE MERGER PLANS

Vancouver, British Columbia, February 18, 2013 – PMI Gold Corporation (“PMI”) (TSX: PMV, ASX: PVM, Frankfurt: PN3N.F) and Keegan Resources Inc. (“Keegan”) (TSX, NYSE MKT: KGN) jointly announced today that they have terminated the arrangement agreement (the “Arrangement Agreement”) they entered into on December 5, 2012 in accordance with its terms. This decision comes as a result of the mutual determination of PMI and Keegan that it is unlikely that PMI’s shareholders will approve the transactions contemplated by the Arrangement Agreement. The termination of the Arrangement Agreement is not on account of any differences arising between the respective boards about valuation issues or on account of any new facts having come to their attention.

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