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Arid Australia Turns to Desalination, at a Cost
Arid Australia Turns to Desalination, at a Cost
After its worst drought, the country is turning to desalination plants, but environmentalists worry about the energy-hungry plants’ effect on climate.
Is Semafo facing an African gold take-away?
Is Semafo facing an African gold take-away?
Semafo’s Samira Hills gold mine in the West African state of Niger is ,according to a Reuters report, having its contract terms investigated as being potentially unbeneficial to the country.
Treasury Says the Renminbi Is Still Undervalued
Treasury Says the Renminbi Is Still Undervalued
In a long-delayed report on exchange rates, the Treasury Department called China’s currency undervalued, but it did not label the country a currency manipulator.
LonZim reports strong growth in Zimbabwe microfinance business
LonZim reports strong growth in Zimbabwe microfinance business
Specialist Zimbabwe investment company LonZim (LON:LZM) told investors that the recovering market in Zimbabwe has driven strong growth at the microfinance division of its Paynet business. In June alone, Tradanet collected US$3.5m in principal and interest payments.
Portugal: will comply with golden share ruling
Portugal: will comply with golden share ruling
LUXEMBOURG, July 8 (Reuters) – Portugal will comply with a
court ruling outlawing its golden share in the country’s
dominant phone company, Portugal Telecom , a Portuguese
government official said on Thursday. Continue Reading »
URGENT-Court outlaws Portugal Telecom golden share
URGENT-Court outlaws Portugal Telecom golden share
LUXEMBOURG, July 8 (Reuters) – The European Court of Justice
said on Thursday Portugal’s golden share in the country’s
dominant phone company, Portugal Telecom , breached
European Union rules on the free movement of capital. Continue Reading »
Kenmare Resources expects to join UK FTSE Index in September, following listing re-classification
Kenmare Resources expects to join UK FTSE Index in September, following listing re-classification
Continue Reading »
New Dawn Mining eyes 100,000 ounce gold production target by 2015
New Dawn Mining eyes 100,000 ounce gold production target by 2015
New Dawn Mining (TSX:ND) is a Zimbabwe focused junior mining and exploration company, with market capitalization of C$32 million, currently in the process of ramping up output at their already actively producing Turk mine. New Dawn is targeting consolidated annualized gold production of 50,000 to 60,000 ounces of gold within the next 18 to 24 months, increasing to 100,000 ounces within four to five years.