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Israeli investor takes 25 per cent of Anvil
11th July 2008, 9:15 WST
Israeli mining investor Dan Gertler will take a 25 per cent stake of Osborne Park copper producer Anvil Mining, after subscribing to a share placement worth about $306 million.
Anvil, which is also listed on the Toronto Stock Exchange, is a producer of copper and silver in the Democratic Republic of Congo.
The company said in an announcement it would sell 23.7 million of its TSX-traded shares at $C12.50 each – raising a total of $C296.7 million – to Catala Global, owned by a trust linked to Mr Gertler's family.
The money will be used to complete the expansion of the Kinsevere mine and Kulu tailings facility, and to study an expanded treatment plant at Kolwezi, Anvil said in an announcement.
Catala will have the right to nominate at least one person to the Anvil board following the placement, and will have the right to participate in future share issues so as to maintain its position as long as it, or its affiliates, retains a 20 per cent stake in the firm.
Shares in the company were up 32 per cent, or $2.94, to $11.94 at the close of trade.
LAQ Video Interview
http://new.goldmau.com/goldmautv.php?v=0806-MalcolmSwallow.flv
Transscript:
http://new.goldmau.com/media/interviews/0806-MalcolmSwallow.pdf
La Quinta receives final approval of acquisition of 7010 square kilometers of gold exploration ground in Congo
volume is low
easy profit next time
Have bought some cheap Elemental Minerals (ASX:ELM, another DRC Player) in the last months.
Now strong in Profit.
http://www.stocknessmonster.com/news-item?S=ELM&E=ASX&N=411107
Regards
next drill results from DRC will be important for shareprice
Hope for grades like Tiger in Kipoi, not far away!
http://www.stocknessmonster.com/news-history?S=TGS&E=ASX&Year=2008
Billions Of Dollars Of Revenue
June 20, 2008
At Today’s Oil Price, Altona Has Billions Of Dollars Of Revenue To Look Forward To From Its Ackaringa Coal-To-Liquids Project
By Our Man in the City
The stock market may be being put off by the US$3.2 billion development bill hanging over Altona Resources’ coal-to-liquids Arckaringa project in Australia, but a crude calculation based on today’s oil price of US$140 per barrel suggests it will take less than two years’ worth of production to get a return on its investment, according to chairman Chris Lambert. “Diesel commands a US$15 premium to today’s oil price. Add an extra US$20 on top again for jet fuel and you’re talking about the quality of product we will produce.” By his estimates, Altona will make US$1.7 billion from oil sales and an extra US$150 million from providing power each year. Of course, that is dependent on oil prices staying where they are today. When Royal Bank of Scotland spent four months putting its financial model together in early 2007, it worked off a forward oil price of US$40 per barrel. No-one really knows what the oil price will be when Altona starts production, potentially in 2013. Yet if oil did maintain its price strength, then the company will be laughing all the way to the bank.
To give a headline summary of Altona’s situation, it has 7.8 billion tonnes of coal underneath 150 metres of overburden. This equates to around 7.5 billion barrels of clean liquid fuel which will be converted at the rate of 10 million barrels a year. Around 700 million tonnes of coal should be upgraded to Jorc level soon, the company having drilled up historical workings. “The numbers shouldn’t change. Our drilling confirms the original estimates,” says Mr Lambert. With the technical part of the pre-feasibility study done, Altona will soon begin the bankable feasibility study (BFS). However, for a couple of good reasons, the company is keeping the full details to itself: “We won’t publish the full pre-feasibility information as it spans nine different reports and contains a lot of sensitive information that our competitors could use to their advantage,” says Mr Lambert.
An “Owners Team” has been assembled to oversee the BFS including engineering consultant Jacobs Australia and project management group Enthalpy. An overall project manager will soon be announced in the form of a reputable mining engineer, says Mr Lambert. A key aim of the team will be to bring down the capital expenditure requirements. This is where Chinese energy group Tongjiang should be able to help. Having paid the first two components of a three-part £11.6 million investment in Altona, Tongjiang currently owns 20.9 per cent of the business. “We’re hoping they will introduce us to Chinese manufacturing companies who can provide reliable equipment for the project,” says Mr Lambert. He also expects to see an offtake agreement into China, potentially alongside opportunities to supply fuel and power domestically in Southern Australia and to BHP Billiton, which needs water and power for its Olympic Dam project 300 kilometres from Altona’s base. These conversations are considerations for the future but are already on the company’s agenda. “We’ve not even talked to BHP yet, but it’s an obvious customer on our doorstep,” adds Mr Lambert.
The BFS should be completed by the middle of 2010. Altona raised enough money through the Tongjiang investment to pay for around 60 to 70 per cent of the study. “They offered to put up all the money, but we wanted the ability to raise more at a higher level later on,” explains Mr Lambert. “It will be at least another year before we will need to come back to the market for this extra money.”
The company is certainly at a turning point in its career. The recruitment of mining experts and the securing of most of the BFS funding means Altona can now focus on refining the design of the project and working out with whom it should sign sales contracts. There are still a few areas that require clarity, however. The appearance in February of coal group Homeland Energy on the shareholder register with a 15.6 per cent stake, shouldn’t be ignored. Homeland caused a fuss before the recent EGM convened to approve Tongjiang’s involvement, but eventually declared its support. If it’s trying to muscle in on Altona, it may want to consider that Tongjiang will soon own 45.9 per cent of the business, once the third tranche of its investment is made, and will be a dominant force. A memorandum of understanding with BP has seen Altona swap information on potential development opportunities at Arckaringa. Mr Lambert says he is none the wiser as to whether BP will take a stake in Altona. The agreement expires at the end of this month.
Shareholders may be disappointed with the lacklustre share price performance of late, but those familiar with the story know that this is a slow but steady development that could eventually yield significant returns. “We haven’t hyped the project. The information we’ve supplied has been conservative and we’ve stuck to the timetable,” comments Mr Lambert. “Yet in three years, having turned around a large coal deposit in the desert into possibly one of the largest energy banks in the world, is pretty impressive
I am invested now
cheap cheap cheap
perhaps we will see 10 cent range
very strange
how much cash in the bank -he said?
New in Congo Club:
http://www.socointernational.co.uk/
all DRC Stocks here: http://www.dyor.de/congoclub-main.html
Interview with ELNs Neighbour: Tiger
(english language below)
http://www.dyor.de/tiger-resources-limited/interview-david-young-tiger-resources.html
please register for read (free, no spam)
..please do not copy & paste..thx
http://www.dominionpetroleum.com
Dominion Petroleum Announces Acquisition of New Exploration License in DR Congo
Monday, March 17, 2008
http://"http//www.oilvoice.com/n/Dominion_Petroleum_Announces_Acquisition_of_New_Exploration_License_in_DR_Congo/a8483a51.aspx%22
http://www.oilvoice.com/n/SOCO_Reports_Presidential_Decree_and_Additional_Licence_in_the_Democratic_Republic_of_Congo/5178023d.aspx
Quote
Dominion Petroleum announces that together with partners SOCO International plc (‘SOCO’) and State Oil Company Congolaise des Hydrocarbures (‘COHYDRO’), it has signed a Production Sharing Agreement (‘PSA’) with the Government of the Democratic Republic of Congo (‘DRC’). The new PSA gives the two companies exclusive rights to explore for petroleum in Block 5 in eastern DRC next to the border with Uganda. Dominion will operate the exploration activity and holds a 46.75% participating interest through its subsidiary Dominion Congo Limited. SOCO subsidiary SOCO Exploration and Production DRC SPRL holds a 38.25% participating interest and COHYDRO holds the remaining 15% participating interest. The PSA is subject to and becomes effective upon ratification by the President of DRC.
Block 5 incorporates 7,105 km2 of land and lake areas. It lies to the west of and includes part of Lake Edward and adjoins Block 4B in Uganda where Dominion has carried out exploration activity as operator since July 2007 (100% working interest). Both Blocks are part of the Albertine Rift system of sedimentary basins where significant oil discoveries have been made in 2006 and 2007.
The first phase of the PSA lasts for 5 years, during which Dominion and partners will carry out geological and geophysical work, acquire at least 300km of seismic data, and drill two exploration wells. The PSA is renewable for two further five-year terms.
perhaps we will see 20 cent range
Completion of Field Technical Programme
And Progressing Coal-to-Liquids Feasibility Study
Altona Resources Plc, the Australian based energy company, is pleased to
announce the completion of the key technical field components of the
pre-feasibility study for the development of an integrated Coal-To-Liquids
("CTL") plant and Co-generation power facility, at its Arckaringa Project
("Arckaringa") in South Australia.
The drilling campaign focused on the Wintinna Coal Deposit and was completed on
schedule on 11th February, 2008. Sufficient total drilling meterage and sampling
was achieved from 20 boreholes to meet the programme's key objectives, including
the definition of approximately 700 million tonnes of coal that can be
classified as Measured or Indicated according to the current JORC Code for
reporting resources.
The Company anticipates that it will take two months to evaluate and report on
the results of the field programme and bring the pre feasibility stage to a
close. A positive outcome will enable Altona to proceed confidently to the final
feasibility stage of its Bankable Feasibility Study ("BFS").
The following core strengths have been confirmed during pre-feasibility at
Arckaringa:
* Proven coal resources
* Conventional open cut coal mining possible for the Wintinna deposit
* Coal resources of a quality suitable for CTL technology
* Expandable plant design
* Excellent infrastructure with immediate access to existing railway and
ports
* Strong demand for electricity in South Australia due to State deficit
* Existing export and domestic markets for diesel and jet fuels
* Strong Government support in a politically stable country
* Environmental issues identified
* Competitive project economics
A decision to move to final feasibility is likely to elevate Arckaringa to
"Major Project" status in South Australia, under which the State Government
would establish a process to streamline evaluation and approvals. Based on
advice from key advisers, including Jacobs Consultancy and Hatch Engineering,
the Company anticipates that the final feasibility and Government approvals
stage will take approximately 24 months. The construction of two modules
comprising the "base case" 10 million barrel per year CTL Plant and associated
power facility could come on stream over a period of between 36 and 54 months.
Presenting at the AJM 3rd Annual Coal-To-Liquids/Gas-To-Liquids Conference in
Brisbane on 27 February, Altona's Managing Director Chris Schrape highlighted
the steady progress demonstrated over the past 12 months, and set out the
proposed schedule for the final feasibility stage, including Government
approvals, and for the construction of Arckaringa. The Minister for Resources
and Energy, Hon. Martin Ferguson stated at the conference, "Energy security is
absolutely critical to Australia's economic prosperity and I believe
coal-to-liquids and gas-to-liquids will play a major role in Australia's energy
future."
As part of Altona's continued drive in targeting Australasian markets, Mr
Schrape will also be presenting at the 5th Annual CTLtec Conference in Beijing
on 4 March.
Chris Schrape said, "Following an intense and productive period for Altona I am
pleased to wrap up the drilling campaign at Arckaringa, and with the completion
of the pre feasibility study in sight, look forward to progressing to the final
stage of the BFS. All the positive factors favouring development at Arckaringa
continue to be confirmed by our studies and it is shaping up as a highly
exciting project. The Arckaringa coal basin contains an estimated 7.8 billion
tonnes of coal. The CTL process is ideal for the resource, and the demand
economics from local and international markets will underpin the potential of
the project.
"The next period of activity for the Company will be even busier, as we focus on
planning and managing the final feasibility work and targeting both the
Australian and Asian markets for the project's future production of high value
liquid fuels. We believe that the Asian market in particular could be vital for
Altona and we are keen to cement relationships, such as our recently announced
deal with Hong Kong investment house Tongjiang International Energy, to build
strategic business opportunities moving forward. In that regard, I look forward
to presenting in Beijing and telling the Chinese market more about the full
potential of the Arckaringa Project.
Technical Information
A bulk sample of approximately five tonnes of coal has been sampled from five
large diameter (200mm) partially cored boreholes since drilling operations
commenced on 5th May, 2007. Groundwater production wells and monitoring
piezometers were constructed for a comprehensive assessment of the
hydrogeological characteristics of the deposit and four cored geotechnical
boreholes were completed to better define the geotechnical parameters of the
different lithological units proposed to be mined at the deposit. Ten
geophysically logged slim diameter (HQ-61mm) partially cored boreholes and two
geophysically logged open holes were drilled to reduce the borehole spacing
within the area of interest to between 500 metres and 1 kilometre for resource
definition purposes.
Each of the completed boreholes was successfully geophysically logged. All coal
seams have been sampled and dispatched to the ACIRL laboratories for testing and
analysis. The programme focused on the optimum area within the Wintinna deposit
for extraction by open-cut mining methods.
A copy of the Mr. Schrape's presentation to the Brisbane Conference is available
on the Company's website www.altonaresources.com
The information contained in this announcement has been reviewed by Norman
Kennedy, the Technical Director of the Company. Mr Kennedy holds a Bachelor of
Science from the University of NSW, and is a Member of the Australian Institute
of Mining and Metallurgy
***ENDS***
it seems, the first ELN-hype is over now
moto goldmines is the best DRC stock this week
strong watch for Tiger Resources (ASX:TGS) because coming strong JORC Results from Kipoi in the direct neighbourhood of EL Ninos property
Homeland Energy acquisition of 15% in Altona
http://www.homelandcorp.com/
Altona Resources Plc / Index: AIM / Epic: ANR / Sector: Exploration & Production
14 February 2008
Altona Resources Plc ("Altona" or "the Company")
Shareholding in Company
Altona was notified on 13 February 2008 that following an acquisition of
ordinary shares in the Company on 13 February 2008, Homeland Energy Corporation
has a direct shareholding of 44,250,000 ordinary shares in Altona.
$10 Billion on DRC Iron-Ore Project
By Franz Wild
Feb. 13 (Bloomberg) -- Israeli and Indian investors will spend as much as $10 billion developing what the Democratic Republic of Congo says is Africa's biggest iron-ore project.
The operation will take two to three years to start with initial iron-ore output of 15 million metric tons a year, Victor Kasongo, Congo's vice minister of mines, said today in a phone interview from the capital, Kinshasa. Annual production will eventually climb to 50 million tons, he added.
``This will be the biggest iron project in Africa and one of the top three in the world,' Kasongo said.
The iron ore will be transported 2,150 kilometers to Congo's Atlantic coast for export, he said. A steel mill will be part of the project, he added, declining to name the investors. Iron-ore prices by 9.5 percent in last year's annual contracts with steelmakers and may rise as much as 70 percent this year, Credit Suisse said Feb. 1.
Kumba Iron Ore Ltd. operates Africa's biggest iron-ore mine at Sishen, which produced 28.7 million tons in 2006. Kumba is 63 percent owned by Anglo American Plc, the world's second-biggest mining company.
Rio Tinto Group said on Feb. 5 that its Simandou iron-ore project in Guinea may eventually produce 170 million tons of the steel-making ingredient a year. Initial output from the west African nation will be about 70 million tons.
To contact the reporter on this story: Franz Wild in Kinshasa via Johannesburg at dgriffiths1@bloomberg.net
latest ELN project with "Mimeco AG" ?
http://www.moneyhouse.ch/u/mimeco_ag_CH-170.3.026.773-2.htm
Firma: Mimeco AG
(CH-170.3.026.773-2)
Status: Aktiv
Rechtsform: Aktiengesellschaft
Sitz: Zug
12.01.2004 (315)
Mimeco AG, Sitz: Zug, Handel mit Rohstoffen, Aktiengesellschaft (SHAB Nr. 235 vom 05.12.2003, S. 18, Id. 2015430).
Eingetragene Personen Neu: Forsyth, Mark, Heimat: Vereinigtes Königreich, in Buonas, Mitglied mit Kollektivunterschrift zu zweien.
Gelöscht: [Faust, François, Heimat: Staffelbach, in Cham, Mitglied mit Kollektivunterschrift zu zweien].
SHAB: 235 / 2003 vom 05.12.2003 (Seite 18)
01.12.2003 (11520)
Mimeco AG, Sitz: Zug, Domizil: Baarerstrasse 53, 6304 Zug, Aktiengesellschaft (Neueintragung). Statutendatum 28.11.2003.
Zweck: Handel mit Rohstoffen, Erbringung der damit zusammenhängenden Finanz- und Dienstleistungen für eigene und fremde Rechnung sowie Beteiligung an und Erwerb von Unternehmungen; kann immaterielle Rechte erwerben, verwalten, bewirtschaften und veräussern, Liegenschaften erwerben, verwalten und veräussern sowie Tochtergesellschaften gründen.
Aktienkapital: CHF 100'000, Liberierung: CHF 100'000, 100 Inhaberaktien zu CHF 1'000.
Publikationsorgan: SHAB.
Eingetragene Personen: PricewaterhouseCoopers AG, in Zürich, Revisionsstelle; Mehra, Ashwath, Heimat: Vereinigtes Königreich, in Zug, Präsident mit Kollektivunterschrift zu zweien; Müller, Thomas, Heimat: Walchwil, in Walchwil, Mitglied mit Kollektivunterschrift zu zweien; Faust, François, Heimat: Staffelbach, in Cham, Mitglied mit Kollektivunterschrift zu zweien. [/quote]
for further Mimeco properties see here:
http://www.miningcongo.cd/liste_des_titres_miniers_octroyes_2005.pdf
Page 22
high volume today for LAQ
Australia's Tiger Resources to trade on TSX in March
Bloomberg
January 30, 2008
Tiger Resources Ltd., which plans to produce copper in the Democratic Republic of the Congo next year, will begin trading its stock on the Toronto Stock Exchange in March, managing director David Young said. "One of the real drivers for us is that we want to move into production in 2009 and this will give us a much larger pool of investors," Mr. Young said yesterday from Lubumbashi, capital of Congo's Katanga province, where Tiger's Kipoi project is based. Tiger is following other Australian miners who began trading on the TSX to benefit from North American interest in Congo's minerals sector. TGS (Sydney) rose 2 cents to 30 cents Australian (27 cents).
http://www.reportonbusiness.com/servlet/story/LAC.20080130.RTICKERB30-3/TPStory/?query=
Tiger Results & JORC next weeks
QUARTERLY REPORT FOR THE PERIOD ENDED DECEMBER 31, 2007
HIGHLIGHTS
KIPOI PROJECT
• Initial JORC resource for Kipoi Central expected to be available in early February.
• Testwork confirms viability of setting up a Heavy Media Separation process at Kipoi
producing 32,000 tonnes of blister Copper per annum.
• 4 Diamond and 1 RC drill rigs operating on site conducting resource and exploration
drilling of highly prospective zones at Kipoi Central and Kipoi North.
• 44 diamond holes (KPCDD058 to KPCDD101) and 6 RC (KPCRC001 to KPCRC006)
holes completed at Kipoi Central for a total of 5,435m and 654m respectively.
• Significant results received during the quarter include:
Kipoi Central
o KPCDD029: 133.5m @ 6.4% Cu
o KPCDD032: 67.5m @ 5.0% Cu and 0.1% Co
o KPCDD034: 109.0m @ 5.0% Cu and 1.0% Co
o KPCDD037: 11m @ 8.9% Cu and 75.8m at 5.3% Cu (0.1% Co)
o KPCDD038: 106.0m @ 6.7% Cu and 0.2% Co (including 12.6m @15.8% Cu,
0.5% Co)
o KPCDD041: 61.5m @ 5.0% Cu and 0.1% Co
o KPCDD044: 79.5m @ 6.7% Cu (including 4.5m @ 22.4% Cu)
o KPCDD049: 70.6m @ 3.4% Cu (including 5.5m @ 15.4% Cu)
o KPCDD051: 10.0m @ 4.0% Cu and 42.0m @ 1.4% Cu
o KPCDD056: 46.0m @ 3.5% Cu and 0.2% Co
o KPCDD057: 82.0m @ 4.3% Cu and 0.4% Co (including 5.5m @13.5% Cu and
1.4% Co)
o KPCDD065: 10.5m @ 3.7% Cu and 0.1% Co
Kipoi North
o KPNDD010: 24.0m @ 1.1% Cu and 0.1% Co
o KPNDD014: 15.1m @ 2.5% Cu
Kipoi West and Kipoi Central West
o Exploration and drill results indicate that mineralisation extends over a
significant area.
http://news.iguana2.com/netwealth/ASX/TGS/394685
..but not good enough for today
>>>"these are great results for a first pass."
Tiger now very hot:
QUARTERLY REPORT FOR THE PERIOD ENDED DECEMBER 31, 2007
HIGHLIGHTS
KIPOI PROJECT
• Initial JORC resource for Kipoi Central expected to be available in early February.
• Testwork confirms viability of setting up a Heavy Media Separation process at Kipoi
producing 32,000 tonnes of blister Copper per annum.
• 4 Diamond and 1 RC drill rigs operating on site conducting resource and exploration
drilling of highly prospective zones at Kipoi Central and Kipoi North.
• 44 diamond holes (KPCDD058 to KPCDD101) and 6 RC (KPCRC001 to KPCRC006)
holes completed at Kipoi Central for a total of 5,435m and 654m respectively.
• Significant results received during the quarter include:
Kipoi Central
o KPCDD029: 133.5m @ 6.4% Cu
o KPCDD032: 67.5m @ 5.0% Cu and 0.1% Co
o KPCDD034: 109.0m @ 5.0% Cu and 1.0% Co
o KPCDD037: 11m @ 8.9% Cu and 75.8m at 5.3% Cu (0.1% Co)
o KPCDD038: 106.0m @ 6.7% Cu and 0.2% Co (including 12.6m @15.8% Cu,
0.5% Co)
o KPCDD041: 61.5m @ 5.0% Cu and 0.1% Co
o KPCDD044: 79.5m @ 6.7% Cu (including 4.5m @ 22.4% Cu)
o KPCDD049: 70.6m @ 3.4% Cu (including 5.5m @ 15.4% Cu)
o KPCDD051: 10.0m @ 4.0% Cu and 42.0m @ 1.4% Cu
o KPCDD056: 46.0m @ 3.5% Cu and 0.2% Co
o KPCDD057: 82.0m @ 4.3% Cu and 0.4% Co (including 5.5m @13.5% Cu and
1.4% Co)
o KPCDD065: 10.5m @ 3.7% Cu and 0.1% Co
Kipoi North
o KPNDD010: 24.0m @ 1.1% Cu and 0.1% Co
o KPNDD014: 15.1m @ 2.5% Cu
Kipoi West and Kipoi Central West
o Exploration and drill results indicate that mineralisation extends over a
significant area.
http://news.iguana2.com/netwealth/ASX/TGS/394685
B.C. bank digs around for mining companies
By STEVE PROCTOR Business Editor
Fri. Jan 25 - 6:37 AM
A Vancouver merchant bank is touring the Maritimes this week looking for investment opportunities in early stage mining companies.
Rick Peterson, vice-president of marketing with Novadx, said the commodity sector continues to climb in Canada, but there are still a few companies like his that are willing to invest in high-risk early stage companies.
"The majors are backing off exploration because of rising cost and permitting difficulties," he said.
"They are increasingly letting the juniors do the work."
Last year, Novadx looked at 234 projects and invested in 75 companies.
He said 60 of those investments were the result of individuals approaching Novadx directly.
"We’re looking for the little guys that aren’t on the radar. Nobody is following them or writing research reports about their efforts," he said.
His team is checking with local brokers and mining officials for leads, but he hopes to hear directly from some companies as well.
Most of the company’s investments are on the West Coast. But it does support three firms with operations in New Brunswick and Newfoundland and Labrador. They are El Nino Ventures (and the partnership with Xstrata Zinc), Benton Resources and Stratabound Minerals.
He said companies his firm would consider investing in must already have proven management, a project that has a significant history and a market capitalization of $3 million to $25 million. In addition to looking for new ventures, Mr. Peterson said, the company is raising $25 million for a flow-through fund, with some of the proceeds coming back to Atlantic Canada companies.
http://thechronicleherald.ca/Business/1033950.html
MGL with hammer-results
MGL with very impressive results from Infill / Extension Diamond Drill Programme:
http://www.sys-con.com/read/493077.htm
QUOTE
- 60m at 5.41 g/t Au from 150m to 210m,
- 34m at 4.00 g/t Au from 268m to 302m,
- 82m at 1.84 g/t Au from 93m to 175m,
- 26m at 6.78 g/t Au from 202m to 228m,
- 72m at 2.90 g/t Au from 165m to 237m,
- 14m at 11.16 g/t Au from 46m to 60m,
- 48m at 3.75 g/t Au from 252m to 300m,
- 38m at 5.72 g/t Au from 314m to 352m,
- 28m at 5.64 g/t Au from 404m to 432m and
- 76m at 7.77 g/t Au from 317m to 393m.
Drillng to the west of the main Chauffeur mineralised zone returned significant results including:
- 30m at 5.05 g/t Au from 0m to 30m,
- 40m at 9.14 g/t Au from 96m to 136m and
- 38.1m at 5.31 g/t Au from 77.9m to 116m.
The Sessenge Deeps mineralised zone returned significant intercepts including:
- 48m at 10.22 g/t Au from 518m to 566m,
- 50m at 6.17 g/t Au from 479m to 529m,
- 50m at 6.53 g/t Au from 471m to 521m,
- 62m at 4.71 g/t Au from 484m to 546m,
- 16m at 11.72 g/t Au from 484m to 500m,
- 50m at 13.87 g/t Au from 472m to 522m,
- 8m at 12.58 g/t Au from 472m to 480m and
- 28m at 6.17 g/t Au from 488m to 516m.
Afren in gas co-operation agreement with E.ON Ruhrgas, African LNG
news today
Diamond News
Pangea Opens Supply Road for its Congo Diamond Mines
By: PolishedPrices
16.01.08, 10:13 / Mining
http://www.israelidiamond.co.il/english/News.aspx?boneID=918&objID=3054
SHAREHOLDER APPROVAL GRANTED FOR PROPOSED MERGER OF DIAMOND CORE AND BRC
16 January 2008
http://www.diamondintelligence.com/magazine/magazine.asp?id=5933
La liste complète de nouveaux mandataires !
http://www.laprosperiteonline.net/affichage_article.php?id=4029&rubrique=La%20Une
Beaucoup de politiciens connus sont nommés comme Présidents des Conseils d’Administration. On les retrouve aussi comme ADG, ADGA, ADT et ADF. Certains anciens mandataires sont reconduits. Tout comme la plupart de ministres déchus de Gizenga I. Quelques Députés nationaux quittent l’hémicycle pour aller gérer au quotidien. Dans cette édition, les noms de tous les PCA, ADG, ADT et ADT ainsi que leurs entreprises respectives.
Ils auront battu le record du monde pour ce qui est de la gestion des affaires courantes.
Les mandataires sortants des entreprises publiques ont fait, depuis juin 2007, sept mois en assurant les affaires courantes. Ils ne pouvaient pas engager les entreprises qu’ils dirigeaient.
Pas de dépenses, pas de mouvement du personnel, bref ; tout a tourné au ralenti. La situation n’avait que trop duré.
Finalement, le samedi 12 janvier courant, Joseph Kabila, Président de la République, a pris la décision de procéder à de nouvelles nominations, définitives cette fois-ci. Kabila a ainsi nommé les membres des Conseils d’Administration et ceux des Comités de gestion. Dans son ordonnance, le Président de la République affirme avoir pris en compte les résultats des tests organisés, après avis d’appel à candidature, pour les postes de Délégué Général, Directeur Général Adjoint, Directeur Technique et de Directeur Financier pour 26 entreprises publiques. Joseph Kabila dit avoir aussi considéré les résultats des tests organisés pour les postes de Délégué Général Adjoint et de Directeur Financier pour la Société Nationale des Chemins de Fers du Congo (SNCC), l’Office National des Transports (ONATRA) et la Régie des Voies aériennes (RVA).
Ordonnance n°08/004 du 12 janvier 2008 portant nomination des membres des Conseils d’Administration des Entreprises Publiques
Le Président de la République ;
Vu la Constitution, spécialement ses articles 79, 81 et 93 ;
Vu, telle que modifiée et complétée à ce jour, la loi n°78-002 du 06 janvier 1978 portant dispositions générales applicables aux entreprises publiques, spécialement en ses articles 7, 9 et 17 ;
Vu, telle modifiée et complétée à ce jour, l’ordonnance n°07/017 du 03 mai 2007 portant organisation et fonctionnement du gouvernement ainsi que les modalités pratiques de collaboration entre le Président de la République et le Gouvernement ainsi qu’entre les membres du Gouvernement ;
Vu l’Ordonnance n° 07/018 du 16 mai 2007 fixant les attributions des Ministères ;
Vu l’Ordonnance n°07/071 du 25 novembre 2007 portant nomination des Ministres d’Etat, Ministres et Vice-ministres ;
Vu, telle que modifiée et complétée à ce jour, l’Ordonnance n°86-202 du 11 juillet 1986 portant statut des Présidents Délégués Généraux et des Délégués Généraux Adjoints des entreprises publiques ;
Vu, tel que modifié et complété à ce jour, le Décret n°136/2002 du 30 octobre 2002 portant création, organisation et fonctionnement du Comité de Pilotage de la Réforme des Entreprises Publiques, en sigle « Copirep » ;
Considérant la décision du Gouvernement prise en sa réunion du 11 mai 2007 relative à la mise en place de nouveaux mandataires après un test de recrutement organisé par le Ministère du portefeuille ;
Considérant les résultats des tests organisés, après avis d’appel à candidature, pour les postes de Délégué Général, de Délégué Général Adjoint, de Directeur Technique et de Directeur Financier pour 26 entreprises publiques ;
Considérant les résultats des tests organisés après avis d’appel à candidature pour les postes de Délégué Général Adjoint et de Directeur Financier pour 3 entreprises publiques placées sous contrat de gestion, à savoir : la Société Nationale des Chemins de Fer du Congo (SNCC), l’Office National des Transports (ONATRA) et la Régie des Voies Aériennes (RVA) ;
Sur proposition du Ministère du Portefeuille ;
Le conseil de Ministres entendu ;
Ordonne
Article 1er : Sont nommés membres des Conseils d’Administrations des entreprises publiques suivantes, aux fonctions reprises en regard de leurs noms, les personnes ci-après :
a) Secteur Mines
1. Office des mines d’Or de Kilo-Moto (Okimo)
Monsieur Tsakala Munikengi Télésphore : Président
Monsieur Bafoa Lifeta Willy : Administrateur Délégué Général
Monsieur Vahamwiti Mukesyayira Jean : Administrateur Délégué Général Adjoint
Monsieur Droma Ndowa Ferdinand : Administrateur Directeur Technique
Monsieur Makaba Mbumba Michel : Administrateur Directeur Financier
Madame Ebamba Boboto Jeanne : Administrateur
Madame Ekombe Ekofo Gertrude : Administrateur
Madame Nsuka Zi Kabwiku Yvon : Administrateur
2. Centre d’Expertise, d’Evaluation et de Certification des matières précieuses et semi-précieuses (CEEC)
Monsieur Lubamba wa Lubamba Alain : Président
Monsieur Mupepele Leonide : Administrateur Délégué Général
Monsieur Khonde Mazombe César : Administrateur Délégué Général Adjoint
Monsieur Amuri Tobakombee Daito Jean-Pierre : Administrateur Directeur Financier
Monsieur Ludunge Bagenda Banga Cyrille : Administrateur Directeur Financier
Monsieur Kazumba William : Administrateur
Monsieur Elembo Christophe : Administrateur
Monsieur Kibancha Kamala Faustin : Administrateur
3. Entreprise Minière de Kisenge Manganèse (EMK MN)
Monsieur Saidi Ra mazani : Président
Monsieur Tshawila Kahilukoji : Administrateur Délégué Général
Monsieur Tshibuyi Kalombo Marcel : Administrateur Délégué Adjoint
Monsieur Tshingamb Nguz Mwin Tshiluan : Administrateur Directeur Technique
Monsieur Ilunga Bunda : Administrateur Délégué Financier
Madame Kahinda Mayina Adèle : Administrateur
Madame Makombo Kamwanya Anne-Marie: Administrateur
Monsieur Pungwe Luamba Papy: Administrateur
b) Secteur Energie
1. Congolaise des Hydrocarbures (Cohydro)
Monsieur Tshibambe Ndjibu Zéphyrin : Président
Monsieur Yolo Yeli Jacques : Administrateur Délégués Général
Madame Kavira Mapera Jeannette : Administrateur Délégué Général Adjoint
Monsieur Vununu Di Makwala : Administrateur Directeur Technique
Monsieur Tshitenge Dibelayi Daniel : Administrateur Directeur Financier
Monsieur Okoko Utshi Djuhu : Administrateur Directeur Commercial
Madame Lomeya Atilite Béatrice : Administrateur
Monsieur Ndjibu Kasongo Raphaël : Administrateur
Monsieur Panamoya Ekopele Augustin : Administrateur
2. Régie de Distribution d’Eau (REGIDESO)
Monsieur Fumani Rombeau : Président
Monsieur Mukalayi Mwema : Administrateur Délégué Général
Monsieur Manzila Ngwey : Administrateur Délégué Général Adjoint
Monsieur Désiré Bagbeni : Administrateur Directeur Technique
Monsieur Ngalitsa Vanite : Administrateur Directeur Financier
Monsieur Manzebele Kokongo Cyrille : Administrateur
Madame Masika Yalala Dina : Administrateur
Monsieur Bonyoma Falanga Jacques : Administrateur
3. Société Nationale d’électricité (SNEL)
Monsieur Eugène Serufuli : Président
Monsieur Yengo Massampu : Administrateur Délégué Général
Madame Tokwaulu Aena : Administrateur Délégué Général Adjoint
Monsieur Lokala Y’Ifaso : Administrateur Directeur Technique
Monsieur Muhiya Lumbu Nicolas : Administrateur Directeur Financier
Monsieur Kioni Kuyengula Eddy : Administrateur
Monsieur Matala Claude : Administrateur
Monsieur Konde Vila Kikanda : Administrateur
c) Secteur Transport
1. Lignes Aériennes Congolaises (LAC)
Monsieur Bangala Basila Benjamin : Président
Monsieur Kyambale Kya Kikanda : Administrateur Délégué Général
Monsieur Irunt Awan Anaclet : Administrateur Délégué Général Adjoint
Monsieur Chérubin Okende Senga : Administrateur Directeur Technique
Monsieur Kibwe Kasongo Vincent de Paul : Administrateur Directeur Financier
Madame Ibangu Germaine : Administrateur
Monsieur Lenza Kisambu : Administrateur
Monsieur Diur Katond Gaspard : Administrateur
2. Régie des Voies Maritimes (RVM)
Monsieur Kashemwa Zirhayani’Irhi Désiré : Président
Monsieur Mbwinga Bila Robert : Administrateur Délégué Général
Monsieur Delma Mbo Sylvain : Administrateur Délégué Général Adjoint
Monsieur Vivila Makabi Nkobula-Mbundu Simon : Administrateur Directeur Technique
Madame Rugemaninzi Kadjuru Anastasie : Administrateur Directeur Financier
Monsieur Engwanda Pierre : Administrateur
Monsieur Kipulu Gymoni : Administrateur
Monsieur Ngandu Tshibola Rasse : Administrateur
3. Office National des Transports (ONATRA)
Monsieur Kahasha Guillaume : Président
(A Pourvoir) : Administrateur Délégué Général
Monsieur Basaula Ndombesi Serge : Administrateur Délégué Général Adjoint
(A pourvoir) : Administrateur Directeur Technique
Monsieur Elongam’Ea Mpongo Philippe : Administrateur Directeur Financier
Monsieur Mutokambali Luvanzayi Jean-Luc : Administrateur
Monsieur Chokwe Cembo Moise : Administrateur
Monsieur Beya wa Kabenga Jean : Administrateur
4. Société Nationale des Chemins de Fer du Congo (SNCC)
Monsieur Mbuyu Musombo André : Président
(A pourvoir) : Administrateur Délégué Général
Monsieur Lubanda Luesu Norbert : Administrateur Délégué Général Adjoint
(A pourvoir) : Administrateur Directeur Technique
Monsieur Mwamba Munkolonkoto : Administrateur Directeur Financier
Monsieur Shisso Kongolo Hyacinthe : Administrateur
Monsieur Musoka Donatien : Administrateur
Monsieur Mabongo Katembo Garry : Administrateur
5. Compagnie Maritime du Congo (CMDC)
Madame Kawanda Laure-Marie : Président
Madame Mawandji Masala : Administrateur Délégué Général
Monsieur Elesse Bokokoma Jean-Marie : Administrateur Délégué Général Adjoint
Monsieur Ngakuna Muanambu Ture Joseph : Administrateur Directeur Technique
Monsieur Lukasu Kamanda Daniel : Administrateur Directeur Financier
Monsieur Mbaya Jean : Administrateur
Monsieur Kambale Kalimumbali Dieudonné : Administrateur
Monsieur Isoyongo Lofete Loyangu Pius : Administrateur
6. Régie des Voies Aériennes (RVA)
Monsieur Mova Sakanyi Henri : Président
(A pourvoir) : Administrateur Délégué Général
Monsieur OKANA NSIAWI LEBUN Justin : Administrateur Délégué Général Adjoint
(A pouvoir) : Administrateur Directeur Technique
Monsieur Mwamba Sabiti Emmanuel : Administrateur Directeur Financier
Monsieur Kakudji Gaétan Gaétan : Administrateur
Monsieur Kikita Kafuti Jaal : Administrateur
Madame Matondo Kati Mayala Georgette: Administrateur
7. Régie des Voies Fluviales (RVF)
Monsieur Mukulungu Benjamin : Président
Monsieur Madika Kazadi : Administrateur Délégué Général
Monsieur Bando Sango Bernard : Administrateur Délégué Général Adjoint
Monsieur Mayele Yas’Nzoloko : Administrateur Directeur Technique
Monsieur Entuku Lokonga Richard : Administrateur Directeur Financier
Monsieur Dakahudino Lazare : Administrateur
Monsieur Malongo Bilamba Guy- Richard : Administrateur
Madame Maygende Bisika : Administrateur
d) Secteur Banques et Institutions Financières
1. Fonds de Promotion de l’Industrie (FPI)
Monsieur Kisanga Kabongelo Gaston : Président
Monsieur Mbengele Kwete Constantin : Administrateur Délégué Général
Monsieur Ilunga Ngoi Kasunka John : Administrateur Délégué Général Adjoint
Monsieur Omari Biladi : Administrateur Directeur Technique
Monsieur Simbi Musema Damien : Administrateur Directeur Financier
Madame Mutombo Ngoy Yvonne : Administrateur
Monsieur Tshime Pierre : Administrateur
Madame Museng Rov Anastasie : Administrateur
2. Office de Gestion de la Dette Publique (OGEDEP)
Monsieur Kisimba Ngoy Ndalewe Honorius : Président
Monsieur Lumbila Numbi : Administrateur Délégué Général
Monsieur Mathe Kombi Thomas : Administrateur Délégué Général Adjoint
Madame Izwe Modiri : Administrateur Directeur Technique
Madame Akonga Ambuheki Ekanga Marie-José : Administrateur Directeur Financier
Monsieur Masikini Adongba José : Administrateur
Madame Kamuyi Musawu Charlotte : Administrateur
Monsieur Kapuya Tshimankinda Venance Administrateur
3. Société Nationale d’Assurances (SONAS)
Monsieur Bitijula Mahimba : Président
Monsieur Mbonyo Lihumba Herman : Administrateur Délégué Général
Madame Agito Amela Carole : Administrateur Délégué Général Adjoint
Monsieur Mika Kibumbu Toussaint : Administrateur Directeur Technique
Monsieur Lukau Nkodi François : Administrateur Directeur Financier
Madame Manoka Nzuzi Marie-Ludovic : Administrateur
Monsieur Kasheta Nkulu Jean-Joseph : Administrateur
Monsieur KIssimba Lutemo Augustin : Administrateur
4. Institut National de Sécurité Sociale (INSS)
Monsieur Banza Mukalay Nsungu : Président
Madame Gerengbo Yazalo Marie-Thérèse : Administrateur Délégué Général
Monsieur Batoba Daniel : Administrateur Délégué Général Adjoint
Madame Mwad Nawej Katang Agnès : Administrateur Directeur Technique
Monsieur Tshovu Mwamba Anicet : Administrateur Directeur Financier
Monsieur Ilunga Ntumba Richard : Administrateur
Madame Asibu Hagi Alima Alphonsine : Administrateur
Monsieur Sekimonyo wa Magango Côme : Administrateur
5. Caisse Génénrale d’Epargne du Congo (CADECO)
Monsieur Mputu Bokenga Faustin : Président
Monsieur Mushi Mugumo Ferdinand : Administrateur Délégué Général
Madame Kalanga Kasesula Kathy : Administrateur Délégué Général Adjoint
Monsieur Asumani Kasanga Michel : Administrateur Directeur Technique
Monsieur Kalo Esongo Norbert : Administrateur Directeur Financier
Monsieur Nkolobise Esobe Joseph : Administrateur
Monsieur Matanda Mwidika Sébastien : Administrateur
Monsieur Bashala kantu wa Milandu Sylvain : Administrateur
e) Secteur Industriel
1. SOCIETE SIDERURGIQUE DE MALUKU (SOCIDER)
Monsieur Ruberangabi Sebinaza Enoch : Président
Monsieur Nkondi Mbaki Polycarpe : Administrateur Délégué Général
Monsieur Bulukungu Bera Kay Nicolas : Administrateur Délégué Général Adjoint
Monsieur Mudimbi Katanga : Administrateur Directeur Technique
Monsieur Mbumba Ngimbi Arthur : Administrateur Directeur Financier
Monsieur Kalonji Omar : Administrateur
Madame Justine Kerov : Administrateur
Monsieur Lapika Dimonfu Bruno : Administrateur
F) SECTEUR SERVICE
1. OFFICE CONGOLAIS DE CONTROLE (OCC)
Monsieur Diambwana Nestor : Président
Monsieur Kasongo Mukonzo Albert : Administrateur Délégué Général
Monsieur Kimasa Wolf : Administrateur Délégué Général Adjoint
Madame Bokabo Nkita Adrienne : Administrateur Directeur Technique
Madame Penge Sanganyoi Jacqueline : Administrateur Directeur Financier
Monsieur Mbala Kasanda Jean-Pierre : Administrateur
Monsieur Yuma Ramazani Raymond-Michel : Administrateur
Monsieur Bashige Burhihambwa Jovite : Administrateur
2. OFFICE DE GESTION DU FRET MARITIME (OGEFREM)
Monsieur Bumba Monga NGOY : Président
Monsieur Ngoy Kasongo Emile : Administrateur Délégué Général
Monsieur Kikwa Anathole : Administrateur Délégué Général Adjoint
Monsieur Andende Apindia Roger : Administrateur Directeur Technique
Monsieur Lekopole Nakwatangusaga Joseph : Administrateur Directeur Financier
Monsieur Upio Kakura Wapol : Administrateur
Monsieur Passi Zapamba Jean-Pierre : Administrateur
Monsieur J’emsi Mulengwa Jean Kevin : Administrateur
3. OFFICE NATIONAL DU TOURISME (ONT)
Monsieur Minsay Georges : Président
Madame Akatshi Osako Berthe : Administrateur Délégué Général
Madame Samba Lwanzo Rosette : Administrateur Délégué Général Adjoint
Monsieur Kayembe Ilunga : Administrateur Directeur Technique
Monsieur Bokoso Mbo : Administrateur Directeur Financier
Monsieur Dia Oken Ambel : Administrateur
Monsieur Bakatupidia Tshiyoyo Samuel : Administrateur
Monsieur Bwana Kazadi : Administrateur
g) SECTEUR FORMATION
1. Institut National de Préparation Professionnelle (INPP)
Monsieur Kiaku Mbuta Edouard : Président
Monsieur Tshikuya Kayembe : Administrateur Délégué Général
Monsieur Makina Robert : Administrateur Délégué Général Adjoint
Monsieur Nkongolo Badikila : Administrateur Directeur Technique
Monsieur Fumukeya Mandeki Béatrice : Administrateur Directeur Financier
Madame Meta Mutombo Mudiay Godeliève : Administrateur
Madame Bashomberwa Lalia Marthe : Administrateur
Monsieur Mwatshinumo Fedge Georges: Administrateur
h) SECTEUR COMMUNICATION
1. RADIO-TELEVISION NATIONALE CONGOLAISE (RTNC)
Monsieur Sango Nabina : Président
Monsieur Kipolongo Mukambilwa : Administrateur Délégué Général
Monsieur Kabila Ilunga Ernest : Administrateur Délégué Général Adjoint
Monsieur Mudilu Musa : Administrateur Directeur Financier
Monsieur Kayembe Muana Kayembe : Administrateur Directeur Commercial
Monsieur Mulunda Numbi : Administrateur
Monsieur Nkulu Mulopwe Bruno : Administrateur
Madame Biasala Marie-Thérèse : Administrateur
2. AGENCE CONGOLAISE DE PRESSE (ACP)
Monsieur Mbuyi Mualabala Albert : Président
Monsieur Longonya Okungu : Administrateur Délégué Général
Monsieur Kangundu Khossy Justin : Administrateur Délégué Général Adjoint
Madame Nyembo Feza Christine : Administrateur Directeur Technique
Monsieur Kadima Malemba Adolphe : Administrateur Directeur Financier
Monsieur Kakese Vinalu : Administrateur
Monsieur Milambo Ngongo Félicien : Administrateur
Madame Ebenga Bomolo Lydie : Administrateur
3. OFFICE CONGOLAIS DES POSTES ET TELECOMUNICATIONS (OCPT)
Madame Baderwa Chirezi : Président
Monsieur Muongo wa Shaba Hanga : Administrateur Délégué Général
Monsieur Bolenge Mokesombo Simon : Administrateur Délégué Général Adjoint
Madame Mulenda Omba Marie-Chantal : Administrateur Directeur Financier
Madame Nkanga Tembo Marie-Jeanne : Directeur des Postes
Monsieur Tembele Buku Jacques : Directeurs des Télécommunications
Monsieur Beya Kalamba : Administrateur
Monsieur Moussa Kalema : Administrateur
Madame Ayaki Andjadiumi Micheline : Administrateur
4. Régie Nationale de Transmission par satellite (RENATELSAT)
Monsieur Tshisol Yav Mwikeu : Président
Monsieur Achinda Wahilungula : Administrateur Délégué Général
Monsieur Kajangwa Banzi José : Administrateur Délégué Général Adjoint
Monsieur Ngandu Mazozo : Administrateur Directeur Technique
Monsieur Bokili Bolamba Augustin : Administrateur Directeur Financier
Monsieur Bosaga Sumaili : Administrateur
Monsieur Bella Mako Faustin : Administrateur
Monsieur Andeka Djamba Jean : Administrateur
5. Agence Nationale de Météorologie et de Télédétection par Satellite (METELSAT)
Monsieur Ketu Cirimwami Patient : Président
Monsieur Oyassase Okaku : Administrateur Délégué Général
Monsieur Mpundu Elonga Jean Pierre : Administrateur Délégué Général Adjoint
Monsieur Waku Mavakala : Administrateur Directeur Technique
Monsieur Musa Mbayo : Administrateur Directeur Financier
Monsieur Kasongo Sakadi Gilbert : Administrateur
Monsieur Muyumba Ndubula : Administrateur
Monsieur Ekam Wina : Administrateur
I SECTEUR TRAVAUX PUBLICS
1. OFFICE DES ROUTES (OR)
Monsieur Ngobila Mbaka Gentiny : Président
Monsieur Nsitu Vuvu Edgar : Administrateur Délégué Général
Monsieur Athigo Lofimbo : Administrateur Délégué Général
Adjoint
Monsieur Lobo Kwete Mingina Baudouin : Administrateur Directeur Technique
Madame Cishambo Barahakolerwa Martine : Administrateur Directeur Financier
Madame Selemani Emma : Administrateur
Monsieur Manwana Fidèle : Administrateur
Monsieur Kahenga Sompo Joseph : Administrateur
2. OFFICE DES VOIRIES ET DRAINAGE (OVD)
Monsieur Bukoko Madjumba : Président
Monsieur Busima Kataala Roger : Administrateur Délégué Général
Monsieur Wenga Basubi Benjamin : Administrateur Délégué Général Adjoint
Monsieur Kaoze Kitenge Pacifique : Administrateur Directeur Technique
Monsieur Tshimanga Tshamala Placide : Administrateur Directeur Financier
Madame Maweleka Mahunda Odette : Administrateur
Monsieur Kinyoka Kabalumuna Godé : Administrateur
Monsieur Mpungue Muitshika Matthieu : Administrateur
J) SECTEUR SCIENTIFIQUE
1. Institut National d’Etudes et Recherches Agronomiques (INERA)
Monsieur Ruhingigwa Baguma Araali : Président
Monsieur Mafuka Mbe-Mpie Paul : Administrateur Délégué Général
Monsieur Kindoki Ndoki : Administrateur Délégué Général Adjoint
Monsieur Mbikayi Nkonko Jean Albert : Administrateur Directeur Technique
Monsieur Mubembe Budwakali Martin : Administrateur Directeur Financier
Madame Musenga Tshiey Virginie : Administrateur
Monsieur Kikontwekampy Kamponbwe : Administrateur
Monsieur Ngbalindie Sassa Emmanuel : Administrateur
2. Institut National des Statistiques (INS)
Madame Iyamulemye Kabano Yvonne : Président
Monsieur Nyumbaiza Malungu : Administrateur Délégué Général
Monsieur Shweka Mutabazi Joffre Joseph : Administrateur Délégué Général Adjoint
Monsieur Bango Bango Sizukani : Administrateur Directeur Technique
Monsieur Balsomi Adapakwa : Administrateur Directeur Financier
Madame Mulimbi Agathe : Administrateur
Monsieur Umba Ilunga : Administrateur
Monsieur Nzita Ngomba Khonde Justin : Administrateur
k) Secteur Conservateur de la Nature
1. Institut Congolais pour la Conservation de la Nature (ICCN)
Monsieur Mobando Yogo Yves : Président
Monsieur Wilungula Cosma : Administrateur Délégué Général
Monsieur Idi Omari India : Administrateur Délégué Général Adjoint
Monsieur Kisuki Mathe Benoît : Administrateur Directeur Technique
Monsieur Embonga Mombenza Roger : Administrateur Directeur Financier
Madame Ndjoli Ekombe Gertrude : Administrateur
Monsieur Urom Warom : Administrateur
Monsieur Segbewi Zawu Jacques : Administrateur
2. Institut des Jardins Zoologiques et Botaniques du Congo (IJZBC)
Monsieur Ngwasi Akili-Mali Dieudonné : Président
Monsieur Shabani Kianzale Edmond : Administrateur Délégué Général
Monsieur Herady Issa Michel : Administrateur Délégué Général Adjoint
Monsieur Biya Munena Jacques : Administrateur Directeur Technique
Monsieur Wabenga Kyambikwa : Administrateur Directeur Financier
Monsieur Kambale Lusenge Jérôme : Administrateur
Monsieur Pero Mahopa : Administrateur
Monsieur Muhindo Kasole Alphonse : Administrateur
I) SECTEUR AGRICULTURE
1. OFFICE NATIONAL DU CAFE (ONC)
Monsieur Mulambu Mvuluya Faustin : Président
Monsieur Mukuna Kalenda : Administrateur Délégué Général
Monsieur Masamba Matemo Oscar : Administrateur Délégué Général Adjoint
Monsieur Lechuange Jean : Administrateur Directeur Technique
Monsieur Sona Efukam Jean Godefroid : Administrateur Directeur Financier
Madame Olela Louise : Administrateur
Monsieur Mamoud Seto : Administrateur
Monsieur Darwezi Apendeki : Administrateur
2. Caisse de Stabilisation Cotonnière (CSCO)
Monsieur Thewi Batsilary : Président
Monsieur Matembera Lwalalika François : Administrateur Délégué Général
Monsieur Omari Ramazani : Administrateur Délégué Général Adjoint
Monsieur Uhuku Mieme : Administrateur Directeur Technique
Monsieur Unema Shindano : Administrateur Directeur Financier
Monsieur Kayombo Sekesenu : Administrateur
Madame Nkulimba Lukuka Christine : Administrateur
Monsieur Musemena Gaston : Administrateur
m) SECTEUR COMMERCE
1. FOIRE INTERNATIONALE DE KINSHASA (FIKIN)
Monsieur Bwakoma Déo : Président
Madame Tambu Sudila Perpétue : Administrateur Délégué Général
Monsieur Kolomonyi Ndjibu Christoph : Administrateur Délégué Général Adjoint
Monsieur Kalala wa Tshamba : Administrateur Directeur Technique
Monsieur Kabukanyi Zilamaya Jean-Paul : Administrateur Directeur Financier
Madame Kashemwa Laini Nyota Stella : Administrateur
Monsieur Karhinda Katintima Barthélemy : Administrateur
Madame Ngalula Kalala Mamie : Administrateur
Article 2 : En ce qui concerne les entreprises publiques qui seront placées sous contrats de gestion, les Administrateurs Généraux Adjoints nommés ci-dessus assument l’intérim des Administrateurs Délégués Généraux qui seront proposés par les firmes prestataires des services.
Articles 3 : Sont abrogées toutes les dispositions antérieures contraires à la présente Ordonnance.
Article 4 : Le Ministre du Portefeuille est chargé de l’exécution de la présente Ordonnance qui entre en vigueur à la date de sa signature.
Fait à Kinshasa, le 12 janvier 2008
Joseph KABILA KABANGE
Antoine GIZENGA
Premier Ministre
+34% today
8th Jan - Top Picks for 2008 - Ambrian Capital
http://www.minesite.com/fileadmin/content/pdfs/Brokers_notes_Jan_08/Ambrian_Top_Picks_for_2008_-_January_2008.pdf
resourceinvestor
http://www.resourceinvestor.com/pebble.asp?relid=39361
MGL in Ambrian Top Picks for 2008
http://www.minesite.com/fileadmin/content/pdfs/Brokers_notes_Jan_08/Ambrian_Top_Picks_for_2008_-_January_2008.pdf
your interpretation?
drill samples still in laboratory, because overload
Moto Goldmines with strong News end of 2007:
Moto Goldmines Increased Interest in Project
RNS Number:8014K
Moto Goldmines Limited
31 December 2007
FOR IMMEDIATE RELEASE TSX Code - MGL
December 31, 2007 AIM Code - MOE
MOTO GOLDMINES AGREES TO INCREASE INTEREST IN THE MOTO GOLD PROJECT AND TO
PLACEMENT TO SAM JONAH
PERTH, WESTERN AUSTRALIA - Moto Goldmines Limited ("Moto" or the "Company") is
pleased to announce that it has entered into agreements with its joint venture
partner, Societe d'Organisation, de Participation et de Management ("Orgaman")
in relation to the Moto Gold Project and with Sam Jonah, KBE, Chairman of the
Company, to the following effect:
* Moto will simplify its joint venture arrangements and increase its interest
in the Moto Gold Project to 70% by acquiring Orgaman's 10% interest for
aggregate consideration of approximately US$34.6 million, comprising 9,319,211
common shares in Moto (to be issued at C$2.93 per share) and a cash payment of
approximately US$7.5 million to repay shareholder loans made by Orgaman to
Borgakim Mining sprl ("Borgakim") and the other subsidiary companies through
which the Moto Gold Project is held, plus interest on the cash element from
signing to completion; and
* In conjunction with this acquisition, Mr Jonah has agreed to subscribe for
2,717,874 common shares in Moto at a price of C$2.78 per share to raise proceeds
of approximately C$7.6 million to demonstrate his ongoing support for the
Company and the Moto Gold Project.
Following the completion of these transactions, Moto will hold a 70% interest in
the Moto Gold Project. The remaining 30% is a non dilutive interest held by
L'Office des Mines d'Or de Kilo-Moto ("OKIMO"), a Congolese state-owned company.
Completion is expected to occur on or about 30 January 2008 and is subject to
receipt of required listing and regulatory approvals from the Toronto Stock
Exchange (the "TSX") and that successful application is made for the admission
of the new shares to the AIM Market of the London Stock Exchange ("AIM").
The Board believes that, by increasing its percentage holding in the Moto Gold
Project and reducing the number of parties to the joint venture arrangements, it
will be able to more rapidly progress the contractual arrangements required to
enable the development and financing of the Moto Gold Project.
Sam Jonah, Chairman of the Company, commented "I have confidence in the Moto
Gold Project and I am pleased to have the opportunity to show this by
subscribing for further shares to assist Moto in increasing its percentage
ownership of the Project. Having completed the feasibility study and increased
our interest in the Project we will be focussing on finalising the joint venture
arrangements with OKIMO so as to enable us to progress and develop the Project
in the interests of all stakeholders"
Acquisition of joint venture partner's interest in the Moto Gold Project
Moto and Orgaman currently hold their 70% interest in the Moto Gold Project
through their ownership of a number of Moto subsidiaries that are incorporated
in the Democratic Republic of Congo ("DRC"). Orgaman has agreed to transfer its
interests in those subsidiaries (comprising shares and shareholder loans) to
Moto for an aggregate consideration of approximately US$34.6 million comprising
9,319,211 common shares in Moto (to be issued at C$2.93 per share) and a cash
payment of approximately US$7.5 million to repay shareholder loans made by
Orgaman to Borgakim and to the other subsidiaries concerned. The cash portion
will bear interest at 8% per annum from signing to completion. The issuance of
the Moto common shares is conditional upon receipt of listing and regulatory
approvals from the TSX and that successful application for the admission of the
new shares is made to AIM.
William Damseaux and Jean-Claude Damseaux are the controlling shareholders of
Orgaman. As at today's date, they hold directly 570,290 Moto common shares and
Orgaman holds 1,166,000 Moto common shares for a total shareholding of 1,736,290
shares. Following completion of this transaction and the issuance of Moto common
shares to Mr Jonah described below, Orgaman, William Damseaux and Jean-Claude
Damseaux as a group will hold approximately 14.75% of Moto's then issued share
capital.
In assessing this acquisition, the Directors (other than Mr Jonah, who has not
taken part in the assessment) have valued the assets being acquired at
approximately US$34.6 million.
Pursuant to the November 2006 Protocol between Moto and OKIMO (announced by the
Company on November 8, 2006) Moto is to acquire certain debts owed by OKIMO to
Orgaman (the "OKIMO Loan") and the contractual arrangements between Moto and
OKIMO are to be further simplified into one agreement regarding the Moto Gold
Project (the "Consolidated Lease Agreement").
As part of the agreements announced today, Moto has formalised the documentation
to reflect its agreement with Orgaman to acquire the OKIMO Loan for a purchase
price equal to its face amount and accrued interest to date, of approximately
US$31.1 million (the "Assignment"). The purchase price will bear interest at 8%
per annum and will be paid to Orgaman as to US$10 million within seven business
days of the effective date of the Assignment, US$10 million on the first
anniversary of the effective date and the balance of approximately US$11.1
million and accrued interest on the second anniversary of the effective date.
Moto has also agreed to certain other protections for Orgaman if it abandons the
Moto Gold Project prior to payment in full to Orgaman.
The Assignment is conditional on the Consolidated Lease Agreement and the
Tripartite Agreement, referred to below, being entered into. As part of the
November 2006 Protocol, it was agreed that the OKIMO Loan would only be removed
from the books of OKIMO once an agreement (the "Tripartite Agreement") is
entered into among OKIMO, Moto/Borgakim and Orgaman confirming completion of the
assignment of the OKIMO Loan. Moto and Orgaman have agreed in the negotiation
of the Tripartite Agreement to seek the insertion of a clause that the OKIMO
Loan, less interest accrued during the force majeure period, being an amount of
approximately US$23 million as at today's date, is assumed by Borgakim.
Pending the Tripartite Agreement being entered into, Moto has agreed that
Orgaman will be granted a charge over an effective 10% interest in Borgakim or
the Moto DRC subsidiary that will hold the Consolidated Lease Agreement. If the
Tripartite Agreement is not entered into within 18 months, Orgaman will be
entitled to exercise the charge and become again involved in the management of
the Moto Gold Project, unless Moto pays the outstanding amount due to Orgaman
under the Assignment.
Moto has the option to pay up to 50% of any instalment of the purchase price for
the OKIMO Loan by the issuance to Orgaman of Moto common shares, subject to
receipt of regulatory approvals. The number of Moto common shares to be issued
will be determined by reference to the volume weighted average price of Moto
common shares on the TSX for the five trading days immediately prior to the
payment date converted to US dollars at the noon rate of exchange published by
the Bank of Canada on the last day of the five-day period.
If there is a change of control of Moto, all unpaid amounts due by Moto in
respect of the purchase price (together with accrued interest) will become
payable within seven days. If a change of control occurs before the
Consolidated Lease Agreement and the Tripartite Agreement become unconditional,
then Orgaman can require payment only upon the Assignment of the Okimo Loan
becoming effective.
Orgaman has agreed that for twelve months it will not dispose of the Moto common
shares issued to it pursuant to the above transactions without first offering
such shares to Mr Jonah and to Moto. Pursuant to applicable Canadian securities
laws, Orgaman will be restricted from selling any common shares issued in
connection with these transactions in Canada for four months, absent an
exemption from registration and prospectus requirements.
The Directors (other than Mr Jonah), having consulted with RFC Corporate Finance
Ltd, the Company's nominated adviser, consider that the terms of the
transactions with Orgaman are fair and reasonable in so far as its shareholders
are concerned.
Sam Jonah, KBE to increase his holding in Moto as a sign of ongoing support
Sam Jonah, KBE, Chairman and a Director of Moto, has agreed to subscribe for
2,717,874 Moto common shares at a subscription price of C$2.78 per share for
aggregate gross proceeds of approximately C$7.6 million (approximately US$7.5
million). The Company will use the subscription proceeds to make the cash
payments to Orgaman, as described above. The subscription is subject to all
regulatory approvals being obtained and to completion of the acquisition from
Orgaman of its interest in the Moto Gold Project, described above.
Mr Jonah has agreed that for twelve months he will not dispose of the Moto
common shares issued pursuant to this subscription, except pursuant to a
recommended takeover offer or plan of arrangement or a transfer approved by the
board of directors of Moto (such approval not to be unreasonably withheld).
Under his existing arrangements with Moto, Mr Jonah is entitled to be issued
options equal to 5% of any material share issuances by the Company. Mr Jonah has
waived his entitlement to be issued options in respect of his subscription for
shares but will be issued options to acquire 465,961 Moto common shares on
completion of the transaction with Orgaman, in accordance with Moto's stock
option plan. Following the issue of these options, Mr Jonah will hold an
aggregate of 3,559,600 options to subscribe for Moto common shares.
Immediately after the issuance of the common shares to Orgaman and Mr Jonah, Mr
Jonah will hold an aggregate of 2,717,874 Moto common shares representing
approximately 3.63% of the then outstanding Moto common shares. If Mr Jonah were
then to exercise all options currently held by him (including the options
referred to above), Mr Jonah would hold an aggregate of 6,277,474 Moto common
shares representing approximately 7.73% of what would then be the issued common
shares of Moto (without giving effect to the issuance of any other shares of
Moto pursuant to any other issued options).
The placement to Mr Jonah is conditional upon completion of the acquisition of
Orgaman's interest in the Moto Gold Project described above.
The Directors (other than Mr Jonah) consider, having consulted with RFC
Corporate Finance Ltd, the Company's nominated adviser, that the terms of the
subscription by Mr Jonah are fair and reasonable in so far as the its
shareholders are concerned.
GICC Consultancy Agreement
In order to expedite the progress of the Moto Gold Project, the Company has
engaged Generale Industrielle et Commerciale au Congo ("GICC"), a DRC-based
consultancy group, to assist Moto in obtaining the Consolidated Lease Agreement,
negotiating the documentation relating to the Moto Gold Project and obtaining of
all relevant government approvals and consents to enable the development of the
Moto Gold Project.
If such agreements and approvals are obtained within 11 months of engaging GICC,
Moto will pay GICC US$2 million and issue GICC 1,886,948 Moto common shares less
such number of common shares as have a value at that time equal to US$2 million,
based on the volume weighted average price of Moto common shares on the TSX for
the previous five trading days converted to US dollars at the noon rate of
exchange published by the Bank of Canada on the last day of the five-day period.
If, during the 12 months following completion of the services, the price of
Moto common shares on the TSX exceeds C$11.92 or C$15.90, a further 628,982
common shares will be issued to GICC on each such share price level being
exceeded as deferred compensation. If there is a change of control of Moto,
certain of the shares will be required to be issued even if the conditions and
thresholds have not been met, but the obligation to issue further shares shall
lapse.
For further information in respect of the Company's activities, please contact:
Mark Arnesen Andrew Dinning
Financial Director and Chief Financial Officer President and Chief Operating Officer
Tel: (61 Cool 9240 1377 Tel: (61 Cool 9240 1377
Email: marnesen@motogoldmines.com Email: adinning@motogoldmines.com
Nominated adviser for the purposes of AIM: RFC Corporate Finance Ltd Contact:
Jamie Wright