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Australian miners brace for fallout after Guinea coup

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Original article by Peter Ker
The Australian Financial Review – Page: 14 & 19 : 7-Sep-21

Alcoa of Australia has advised that it is monitoring the situation in Guinea, amid reports of a coup in the West African nation. Alumina, Alcoa and Rio Tinto have bauxite mining interests in Guinea, while Rio has two iron ore mining leases. Merriden Varrall from KPMG has warned of growing geopolitical stability in many nations, and that West African nations are becoming increasingly vulnerable to terrorism. However, Perseus Mining MD Jeff Quartermain says not all nations in the region are beset with problems, with Perseus operating gold mines in Ghana and Cote d’Ivoire. He notes that it has enjoyed a record year on the back of its operations in the two countries.

CORPORATES
ALCOA OF AUSTRALIA LIMITED, ALCOA INCORPORATED, RIO TINTO LIMITED – ASX RIO, PERSEUS MINING LIMITED – ASX PRU, KPMG AUSTRALIA PTY LTD

Chinese seize African iron projects

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Original article by Nick Evans
The Australian – Page: 13 & 16 : 29-Jun-21

Chinese-backed company AustSino Resources has emerged as the likely developer of a number of iron ore projects in the African countries of Cameroon and the Democratic Republic of Congo. The former ASX-listed company has connections to state-owned Chinese enterprises like China Railway Construction and steelmaker Baowu, while the projects in question would add around 100 million tonnes of iron ore to global markets and could help China to reduce its dependence on Western Australia’s Pilbara region for iron ore.

CORPORATES
AUSTSINO RESOURCES GROUP LIMITED, CHINA RAILWAY CONSTRUCTION CORPORATION LIMITED, BAOWU

Perenti rocked by terror attack in Africa

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Original article by Brad Thompson
The Australian Financial Review – Page: 27 : 8-Nov-19

Mining services company Perenti Global has been caught up in a deadly terrorist attack on a convoy of buses in the West African nation of Burkina Faso. The attack happened around 40 kilometres from Semafo’s Bongou gold mine, with people on the buses including employees of Semafo, Perenti Global’s Africa Mining Services, and other contractors. The attack has left at least 37 dead and 60 wounded, with the Department of Foreign Affairs & Trade saying at this stage it is not aware that any Australians were killed or wounded in the attack. Perenti has not disclosed how many AMS staff were on the buses in the convoy, which was being escorted by military police.

CORPORATES
PERENTI GLOBAL LIMITED – ASX PRN, SEMAFO INCORPORATED

Fears for Aussie miners in growing terror hot spots

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Original article by Brad Thompson
The Australian Financial Review – Page: 23 : 6-Sep-19

Resolute Mining MD John Welborn agrees with Defence Minister Linda Reynolds that there are increased terrorism risks for Australian mining companies operating in West Africa. Reynolds was while speaking at the Africa Downunder mining conference in Perth. Resolute has mines in Mali, Senegal and Ghana, and Wellborn says the terrorism risk is getting worse, particularly in Mali where its main operations are located. Wellborn also contends that China is "stealing the march" on the US and Australia when it comes to investing in Africa.

CORPORATES
RESOLUTE MINING LIMITED – ASX RSG, AUSTRALIA. DEPT OF DEFENCE

Gold deals tipped to heat up in West Africa

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Original article by Tess Ingram
The Australian Financial Review – Page: 18 : 21-Jun-16

Shares in Australian-listed Gryphon Minerals finished 22.2 per cent higher at $A0.165 on 20 June 2016, in response to a takover bid from Teranga Gold. Both companies have gold projects in West Africa, and Scott Williamson of Hartleys anticipates further consolidation among gold players with a presence in the region. Duncan Hughes of Somers & Partners expects North American miners in particular to target West Africa-focused Australian gold producers.

CORPORATES
GRYPHON MINERALS LIMITED – ASX GRY, TERANGA GOLD CORPORATION – ASX TGZ, HARTLEYS LIMITED, SOMERS AND PARTNERS PTY LTD, PERSEUS MINING LIMITED – ASX PRU, AMARA MINING, ENDEAVOUR MINING CORPORATION, TRUE GOLD MINING, RESOLUTE MINING LIMITED – ASX RSG, WEST AFRICAN RESOURCES LIMITED – ASX WAF, CARDINAL RESOURCES LIMITED – ASX CDV

WA scientist warns to stop Ebola now

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Original article by Cathy O’Leary
The West Australian – Page: 30 : 31-Oct-14

Western Australian microbiologist Tim Inglis has urged health authorities to take immediate action to combat the Ebola outbreak in West Africa. He says developed countries such as Australia will be at a much greater risk from the virus in six months’ time, as it is likely to mutate and spread beyond African countries. Professor Inglis says Australian medical teams and mobile molecular laboratories should be sent to Africa as soon as possible

CORPORATES
UNIVERSITY OF WESTERN AUSTRALIA, FLINDERS UNIVERSITY, AUSTRALIAN ARMY RESERVE