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  1. WAfrica Crude-Asian buying lifts Angolan grades

    Headlines

    Wed, 23 May 2012

    trader estimated that at least eight cargoes have been sold to Unipec since the July cargoes began trading late last week. "Demand is steady and there's also some cargoes on hold for the CPC tender," said a West African trader, referri

  2. How Gold Demand Remains Resilient

    Headlines

    Fri, 18 May 2012

    older mines in South Africa are declining in production, and the higher-than-average production is coming from China, West Africa , Turkey and parts of Asia. Overall, Mr. Grubb believes a high level of recycling is required as mine production only meets

  3. Mali interim govt raises gold sales tax

    Headlines

    Thu, 17 May 2012

    BAMAKO, May 17 (Reuters) - Mali's interim government has raised the combined sales tax on gold by 2 percentage points to 8 percent, a move aimed at bringing it in line with peers in the West Africa region, according to a government statement.

  4. WAfrica Crude-Angolan July programme slimmer

    Headlines

    Wed, 16 May 2012

    barrels of crude oil per day (bpd) in July, excluding Palanca and Gimboa. It listed 51 cargoes. "It is a small programme. I am not sure if Gimboa or Palanca are available," a trader of physical West African crude said. "Also loo

  5. IMF urges new Senegal govt to tighten belt

    Headlines

    Tue, 15 May 2012

    DAKAR, May 15 (Reuters) - The International Monetary Fund urged new Senegalese President Macky Sall on Tuesday to get rid of energy subsidies offered by his predecessor, warning the West African country's deficit could rise to untenable levels unless spending fell.

  6. New Morningstar Analyst Report - Subsea 7 SA

    Stock Reports

    Tue, 15 May 2012

    overruns. Subsea 7's business in West Africa is subject to political risks. For ..... to be awarded for work in Brazil and West Africa , and the healthy demand is letting ..... strong activity levels in the North Sea, West Africa , and Brazil in 2012, and the firm

  7. Golden Star says Q1 net income up 66 pct

    Headlines

    Fri, 11 May 2012

    ACCRA, May 11 (Reuters) - West African miner Golden Star Resources said on Friday net income for the three months ended March rose 66 percent to $9.059 million compared to $5.455 million for the same period in 2011.

  8. UPDATE 1-DryShips drilling unit signs deal with Total E&P Angola

    Headlines

    Thu, 10 May 2012

    May 10 (Reuters) - Ocean Rig UDW Inc, the drilling unit of DryShips Inc, said it signed a three-year rig contract with Total E&P Angola, a unit of Total SA, to drill in offshore West Africa .

  9. Europe Gasoline/Naphtha-Naphtha out of favour

    Headlines

    Wed, 9 May 2012

    factors and partly to more propane cargoes arriving in northwest Europe in April and early May from the United States and West Africa . "Demand for propane for home heating always goes down during the spring and the summer, so there's more of

  10. New Morningstar Analyst Report - Kinross Gold Corporation

    Stock Reports

    Wed, 9 May 2012

    operating assets are located in the U.S., Latin America, Western Africa , and Russia. The firm is focused on aggressively expanding ..... September 2010, which brought the Tasiast and Chirano mines in West Africa into the fold. Unfortunately, Kinross wrote off roughly

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