gold Archives - AfricaBusiness.com

14Nov

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African News

The 10th Forex Conference & Expo Kicks off this Thursday 15 November in Dubai

The show will open its doors in Dubai at 10:00 am on Thursday and will cover online trading currencies, commodities, gold, oil, stocks and derivatives, at Jumeirah Beach Hotel Dubai, and will continue until Friday November 16, 7:00 pm. '' Forex for this year 2012 will witness the participation of Swiss banks specialized in Forex trading along with many trading companies that come for the first time in Dubai. Speaking at the Conference; 15 notable lecturers and speakers from the leading experts and global economic analysts, said Katia Tayar, President of Arabcom Group ; the Organizer of the Event. The Conference provides the perfect opportunity to highlight the trends of the current global capital markets and market expectations in 2013, and it reviews a range of issues of commo...

8Nov

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African News

POST SHOW REPORT 2012: ASIA’S LARGEST EXHIBITION & CONGRESS FOR AESTHETIC MEDICAL DISCIPLINES

Post Show Report ( .pdf Acrobat Reader) 13-15 SEPTEMBER 2012 Sands Expo and Convention Center, Marina Bay Sands, Singapore 4th Edition: POST SHOW REPORT 2012 ASIA’S LARGEST EXHIBITION & CONGRESS FOR AESTHETIC MEDICAL DISCIPLINES - Aesthetic Dermatology - Anti-aging Medicine - Aesthetic Plastic Surgery - TST Triangular Meeting - Aesthetic Dentistry - Professional Beauty 16 European CME credits 14 CPE Dental Credits Organised by Partnered by In association with Supporting Organisation Platinum Sponsor Gold Sponsor +65 6411 7743 (DID) / +65 6411 7777 aestheticasia@informa.com www.aestheticsasia.com Aesthetic...

7Nov

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African News

Sarama Resources announces $500,000 private placement

TSX-V Ticker: SWA SWA.WT VANCOUVER, Nov., 2012 /PRNewswire/ - Sarama Resources Limited ("Sarama" or the "Company") announces a private placement (the "Private Placement") for the issuance of 555,556 units (the "Units") at a price of $0.90 per Unit to raise gross proceeds of approximately $500,000. Each Unit will be comprised of one common share of the Company and one-half of one common share purchase warrant (each such whole warrant, a "Warrant"). Each Warrant will entitle the holder to purchase one common share of the Company at a price of $1.20 at any time prior to 5:00 p.m. (Toronto time) on October 17, 2014. The Private Placement will be conducted on a non-brokered basis and is subject to regulatory approval. The proceeds of the Private Placement will be used principa...

6Nov

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African News

IAMGOLD Fatality in Burkina Faso, West Africa

TSX: IMG NYSE: IAG TORONTO, Nov., 2012 /PRNewswire/ - IAMGOLD Corporation ("IAMGOLD" or the "Company") regrets to report that a gardener employed at our exploration office in Ouagadougou, Burkina Faso, drowned on November 1, 2012. The Company immediately notified all relevant government authorities and other stakeholders in Burkina Faso and is reviewing its safety precautions across the Company for its care and maintenance workers. The thoughts of management in Burkina Faso and throughout the company are with the family, friends and co-workers of the deceased. About IAMGOLD IAMGOLD (www.iamgold.com) is a leading mid-tier gold mining company producing approximately one million ounces annually from five gold mines (including current joint ventures) on three contine...

6Nov

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South Africa News

Gold Fields Limited: KDC East Mine Resumes Production

JOHANNESBURG, Nov. 6, 2012 /CNW/ - Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) is pleased to announce that employees this morning returned to work at its KDC East Mine (formerly Kloof) to resume production after a 23-day strike. All three of Gold Fields' operating mines in South Africa are now back in production. The mine had dismissed 8,100 employees on October 23 for participation in the unlawful strike over the preceding nine days. However, after a deal with the National Union of Mineworkers, the vast majority of them were reinstated to their previous positions. All employees are also eligible for benefits under the Chamber of Mines Settlement Agreement concluded on 25 October 2012. About Gold Fields Gold Fields is one of the world's largest unhedg...

23Oct

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African News

Sarama Resources Commences New Exploration Season in Burkina Faso

TSX-V Ticker: SWA SWA.WT VANCOUVER, Oct., 2012 /PRNewswire/ - Sarama Resources Limited ("Sarama" or the "Company") reports that it has commenced exploration activities at the South Houndé and Banfora Projects in south-western Burkina Faso for the new exploration season following the finish of seasonal rains. Approximately 46,000m of drilling is planned for the first part of the season (to April 2013), including 6,000m of diamond and reverse circulation ("RC") drilling at the MM Prospect. Highlights 46,000m drilling planned across Sarama's properties at the South Houndé and Banfora Projects. Air-core ("AC") and rotary-air-blast ("RAB") drilling accounts for 55% of the total planned drill metres. 6,000m of infill and extensional drilling to commence at the MM Pr...

18Oct

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African News

Dolat Ventures to Target Resource Expansion on Diamond and New Gold Projects in Sierra Leone

NEW YORK, Oct. 18, 2012 /PRNewswire/ -- Dolat Ventures Inc. (OTC: DOLV) a diamond development company focused on West Africa, is pleased to announce its plans to initiate its diamond mining and has its target on new gold resource as part of its diamond project in Sierra Leone. Following new in soil surveys of new targets which comprised hundreds of over soil samples, an area has been identified returning elevated gold values with a potential kilo output of up to 7 kilos of gold in a target area which is 10 kilometers from the diamond mining operation. The Company's focus is set to coincide with the best months of the mining season, December through July, in Sierra Leone. For the diamond operation the Company intends to complete building its 100 ton/hour wash plant and acquire...

10Oct

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Science

The Falcon Project – the Most Penetrating Search for the Legendary Sasquatch Ever Undertaken

St. George, UT, October, 2012 --(PR.com)-- The Falcon Project proposes to conduct an extensive aerial search for an unrecognized North American primate, a.k.a. sasquatch or Bigfoot, by means of an helium-filled airship, upon which a platform supporting thermal-imaging and high resolution wireless videography equipment is mounted. The Aurora Mk II airship offers major advantages over similar applications with helicopter or fixed-wing aircraft platforms, foremost, stealth and maneuverability. The former permits approach and observation with minimal or no disturbance of the subject’s natural behavior. The latter is critical for surveying in areas of dense stands of forest where a sustained vertical perspective is essential for locating animals on the forest floor. The unmanned 45' du...

10Oct

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African News, South Africa News

SA fanatical gamers are in for more entertainment

By Thandisizwe Mgudlwa Oh ye! South African gaming solution is responding to high demand from fanatical gamers. And this week, gamers are to benefit from a niche product from South African hosting solution provider, Openweb. Reports show that the launch of its new 4MB and 10MB Uncapped Gold Solution positions itself square in the heart of SA gamers, answering a genuine local need for the type of reliability and bandwidth demanded in supreme quality gaming. Keoma Wright, Openweb CEO, explains: "The contention ratio is why Gold Uncapped works so well. We keep contention low and prioritise traffic for gaming. Latency can make or break a gamer - if your ISP doesn't add a priority flag on your gaming traffic, even if your gaming connection seems to be working well, you won't stan...

8Oct

By Africa BusinessNo Comments

African News

Despite Global Slowdown, African Economies Growing Strongly― New Oil, Gas, and Mineral Wealth an Opportunity for Inclusive Development

WASHINGTON, October, 2012 – Sub-Saharan Africa is expected to grow at 4.8 percent in 2012, broadly unchanged from the 4.9 percent growth rate in 2011 and largely on track despite setbacks in the global economy, according to the World Bank’s new Africa’s Pulse, a twice-yearly analysis of the issues shaping Africa’s economic prospects. Excluding South Africa, the continent’s largest economy, growth in Sub-Saharan Africa is forecast to rise to 6 percent. African exports rebounded notably in the first quarter of 2012, growing at an annual pace of 32 percent, up from the -11 percent pace recorded in the last quarter of 2011. African countries have not been immune to the recent bout of market volatility stemming from the Euro Area crisis, as well as the growth slowdown that is occurring in some ...