Vol 57 No 24 | MINING Timis's seam of woe 2nd December 2016 The spotlight falls once more on the mining magnate as controversy dogs his business activities in West Africa Three legal and political disputes mark the end of a rare spell out of the limelight for Vasile Frank Timis since the collapse of African Minerals Limited (AML),...
Vol 57 No 19 | MINING From beer to betting 23rd September 2016 Sable Mining, which was at the heart of a bribery scandal which has shaken up Liberia's political elite, has fallen on hard times. Citing poor market conditions, it...
Vol 57 No 12 | OIL AND GASMINING The soul of transparency 10th June 2016 A struggle over the future of the EITI is dividing NGOs and business as their visions of governance in the extractive sector compete Since its creation in 2002, the Extractive Industries Transparency Initiative (EITI) has sought to shine a light on the oil and mining sectors in the developing world, albeit...
Vol 57 No 10 | GUINEALIBERIAMINING Sable's rich seam of bribes 13th May 2016 A mining company sought to open doors throughout West Africa with bribes, a huge leak of internal emails shows Senior politicians in the governments of Guinea and Liberia took bribes from the publicly quoted British company Sable Mining Africa Limited to facilitate access to valuable mining concessions,... READ FOR FREE
Vol 56 No 25 | OIL AND GASMINING New SEC rules 18th December 2015 Oil, gas and mining companies will be forced to publish payments made to foreign governments under new rules from the United States Securities and Exchange Commission. According to...
Vol 56 No 23 | OIL AND GASMINING Curses and compliance 20th November 2015 Mandatory disclosure is new to oil, gas and mining giants. They are still doing battle with NGOs to minimise regulation Until very recently, the Extractive Industry Transparency Initiative (EITI), launched in 2002 by then British Prime Minister Tony Blair, was widely seen as the gold standard for regulating...
Vol 56 No 19 | MINING Frank’s fickle fortunes 24th September 2015 The self-styled Emperor of West African Resources has seen his empire’s foundations badly shaken in the past year In the face of tumbling commodity prices, the operations of Vasile Frank Timis in Burkina Faso, Côte d'Ivoire, Liberia, Senegal and Sierra Leone have sunk, stopped producing or...
Vol 56 No 18 | MINING Miner wobbles 10th September 2015 Two international mining giants are in dire straits – Glencore and Lonmin – and taking parts of the economies of Congo-Kinshasa, South Africa and Zambia with them. Even...
Vol 55 No 7 | GUINEAMINING Condé tests Steinmetz 3rd April 2014 This month, ministers in Conakry are due to announce a landmark decision on the future of the world's biggest iron ore reserves Beny Steinmetz, the Israeli billionaire whose stake in Guinea's giant Simandou iron ore deposit is in dispute, is having a bad year. Last month, Beny Steinmetz Group Resources...
Vol 54 No 8 | AFRICAMINING Beny bites back 12th April 2013 Beny Steinmetz, the Israeli mining magnate who has massive investments in Congo-Kinshasa and Guinea, is suing the public relations company FTI Consulting and its Europe Chairman, Lord Mark...