Search Results for: Canada

BY KEITH NUTHALL

THE WORLD Bank’s Multilateral Guarantee Agency (MIGA) is planning to guarantee financing a USD40 million investment to help complete the Takoradi T1/T2 combined cycle natural gas power-plant complex in Ghana, adding 132 megawatts electricity generation. Société Générale Canada Branch would invest in its Ghana subsidiary SG-SSB Limited, if guaranteed by MIGA against the "non-honouring of sovereign financial obligations".…

BY KEITH NUTHALL

THE DIRECTOR General of the World Trade Organisation (WTO) has called for "a more sophisticated WTO rule-book" for energy to help secure supplies. Speaking by video-link to the World Energy Congress in Montreal, Canada, Pascal Lamy called for WTO rules to underpin "a sense of certainty that supply will be sufficient and available, and not simply be cut-off."…

BY KEITH NUTHALL

THE PERSONAL care product sector should benefit from a new Anti-Counterfeiting Trade Agreement (ACTA), now largely negotiated. A draft text has been released by the United States, Australia, Canada, the European Union, Japan, Mexico, Morocco, New Zealand, Singapore, South Korea, and Switzerland.…

BY EMMA JACKSON

CANADA presents an almost unique challenge for providing nursing services. The second largest country in the world, with a population of just around 33 million, it has a population density of only 3.3 people per square kilometre. Given most Canadians live in southern urban centres close to the US border, expansive swaths of land are virtually unsettled and isolated from modern amenities.…

BY MOHAMMED YUSUF

Aga Khan University plans major new Tanzania campus

Mohammed Yusuf

The Aga Khan University – the Pakistan-based international multi-site higher-education institution – is planning to open a new campus in Arusha, Tanzania. The campus would house an arts and science faculties and educate up to 3,000 students from across east Africa.…

BY MJ DESCHAMPS

THE CONSORTIUM of international investors looking to re-start production at one of Canada’s last remaining asbestos mines has finally come through with firm offers of financing and letters of intent; meeting the Québec government’s latest funding extension deadline of October 1.…

BY MARK GODFREY

THE CEO of a Canadian mining company in litigation with the Mongolian authorities over the alleged expropriation of uranium rights has told World Nuclear News: "Uranium exploration and development in Mongolia is going nowhere at the moment." CEO of Toronto-based Khan Resources Grant Edey argued Mongolia’s Nuclear Energy Law, passed in 2009, is a "disincentive to invest and our experience has raised the question of tenure of assets with all other players."…

BY MJ DESCHAMPS

A COOPERATIVE of 450 current and former workers at the Jeffrey Mine, Québec, Canada, voted Monday to approve an offer made by an international consortium of financiers and construction material manufacturers to invest in expanding its underground asbestos mining operations.…

BY KEITH NUTHALL

HOUSTON, Texas, and Vancouver, British Columbia-based oil and gas company EnerGulf Resources is selling 10 million shares to raise Canadian dollar CAD4 million (USD3.89 million). This will finance hydrocarbon exploration of the onshore Lotshi Block (western Democratic Republic of Congo), the offshore ‘Block 1711’ (Namibia) and working capital.…

BY JOHN PAGNI

MAINLY known as a flagship paper and telecommunications outpost, the Nordic country of Finland is poised for an unprecedented metals mining boom, its government is claiming. Employment and economy ministers Mauri Pekkarinen said on August 8 at Haapranta at the official opening of Tapojärvi Oy’s new plant for handling stainless steel slag: "Finland will become a major European miner within the next 10 years with mine output growing tenfold based on demand for metals and rare earths allied to increasing production technology efficiencies.…