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African Business News MDN second drilling program will be initiated over the next few months on the Isambara project, Tanzania Shell successful bidder for exploration rights in the Orange Basin deep-water area, South Africa Gambian economy will expand this year at a faster pace Subsea UK has been awarded a contract by PC Mauritania First Uranium ramping up production at its Mine Waste Solutions tailing recovery operation Development Bank of Southern Africa (DBSA) expects its lending to jump to US$1.5 billion South Africa's net gold and foreign exchange reserves increased by 2.3% National Bank of Kenya net income in the nine months to Sept. 30 climbed 8.9% [ more African news ... ]	Energy News Shell successful bidder for exploration rights in the Orange Basin deep-water area, South Africa Subsea UK has been awarded a contract by PC Mauritania Petrobras signed agreements with the China Development Bank Corporation (CBD) regarding US$10 billion loan Exxon and Shell signed an initial 20-year agreement with Iraq to develop West Qurna-1 Verenex Energy will sell its operations to the Libyan Investment Authority for at least C$316.8 million Emirates National Oil Co. agreed to buy out the shares of Dragon Oil Woodside Petroleum will sell its stake in Otway to partner Origin Statoil has signed an agreement with China's CNOOC for a number of stakes in Gulf of Mexico [ more energy news ... ]
Asian Business News Petrobras signed agreements with the China Development Bank Corporation (CBD) regarding US$10 billion loan Tax perks will be given to firms going public under a law to be proposed by the Philippine Stock Exchange Exxon and Shell signed an initial 20-year agreement with Iraq to develop West Qurna-1 Verenex Energy will sell its operations to the Libyan Investment Authority for at least C$316.8 million EU requests WTO panel on Chinese export restrictions on raw materials Italy, Kazakhstan sign new commercial agreements South Korea-India trade pact ratified in South Korean parliament Nigeria, China agree to boycott sub-standard products [ more Asian news ... ]	Mining News MDN second drilling program will be initiated over the next few months on the Isambara project, Tanzania Caerus granted concessions in two of Colombia's most prolific gold districts New Ecuador mining regulations signed into law First Uranium ramping up production at its Mine Waste Solutions tailing recovery operation Trevali plans US$7 million financing, receives key Peruvian Environmental Impact Permit 2009 has been a record year for financing raised by mining companies listed on Toronto Stock Exchange South Africa's net gold and foreign exchange reserves increased by 2.3% Angola mining sector to reach a value of US$94.78 billion by 2013 [ more mining news ... ]
Middle East Business News Exxon and Shell signed an initial 20-year agreement with Iraq to develop West Qurna-1 Emirates National Oil Co. agreed to buy out the shares of Dragon Oil United Arab Emirates is setting up a new investment vehicle to take stakes in the global nuclear industry Chevron will drill 25 producing wells in the partitioned neutral zone, or PNZ, shared between Saudi Arabia and Kuwait Egypt to look into ban on South African meat BP and China National Petroleum Corporation said they will invest US$15 billion over 20 years in Rumalia field Centamin making strong progress at Sukari gold project, moving to London Stock Exchange main board Iraq's stock exchange moved to electronic trading [ more Middle East news ... ]	International Trade News EU requests WTO panel on Chinese export restrictions on raw materials Italy, Kazakhstan sign new commercial agreements South Korea-India trade pact ratified in South Korean parliament Nigeria, China agree to boycott sub-standard products Nigeria imposes sanctions against Niger Australia-Malaysia FTA should be comprehensive UEMOA plans $50 million spending on water supply to West African countries Czech president signs Lisbon Treaty [ more trade news ... ]
Latin American Business News Caerus granted concessions in two of Colombia's most prolific gold districts Petrobras signed agreements with the China Development Bank Corporation (CBD) regarding US$10 billion loan New Ecuador mining regulations signed into law Trevali plans US$7 million financing, receives key Peruvian Environmental Impact Permit The Brazilian Stock Exchange net inflow among foreign investors in October of US$665 million Panasonic to begin a tender offer for shares in Sanyo Electric Baker Hughes announced that net income for the third quarter 2009 was US$55 million Total's adjusted net income was 1,869 million euros, a decrease of 54% [ more Latin American news ... ]	Exchange News Tax perks will be given to firms going public under a law to be proposed by the Philippine Stock Exchange Assets in U.S. listed Exchange-Traded Funds (ETF) and Exchange-Traded Notes (ETN) totaled approximately US$707.4 billion 2009 has been a record year for financing raised by mining companies listed on Toronto Stock Exchange The Brazilian Stock Exchange net inflow among foreign investors in October of US$665 million Nasdaq OMX Group third-quarter earnings rose 3.4% Pacific Asia Petroleum common stock has been approved for listing on the NYSE Amex Securities and Exchange Board of India considering easing of certain eligibility requirements for companies to list Kenya plans to introduce automated trading, online bidding, fresh pricing methods [ more exchange news ... ]
Events 13.Dec.2009: Africa Finance & Investment Forum 2009 - Amsterdam, Netherlands 01.Feb.2010: Investing in African Mining Indaba 2010 - Cape Town, South Africa 30.Nov.2009: Mobile Transport & Infrastructure Africa - Cape Town, South Africa 01.Dec.2009: Asian Coal Outlook Conference 2009 - Bali, Indonesia 26.Jan.2010: South African Coal Exports Conference 2010 - Cape Town, South Africa 22.Feb.2010: African Utility Week - Durban, South Africa 24.Feb.2010: Energy Indaba 2010 - Sandton, Johannesburg, South Africa 08.Mar.2010: ARA Week 2010 - Cape Town, South Africa 16.Mar.2010: Oil & Gas Africa 2010 - Cape Town, South Africa 25.May.2010: 9th West African International Mining & Power Exhibition - Accra, Ghana [ other events ... ]	Business Opportunities Renewable Energy RFP Construction of Building Complex in Algeria Management for Sugar Processing Mill Chilean Energy Sector Investment Opportunities Columbia Open Round 2010 Licenced Guest House on the beach - Mozambique A developed lodge on a private reserve within the Mapungubwe Transfrontier Conservation Area Ezz Steel is seeking IPPs for BOT Power Generation Project Opportunities for investors in Mozambique Waterberg Game Ranch [ more opportunities ... ]