Fox Business - The Power to Prosper
Search Site

Sierra Leone

Related Topics

  1. Offshore Drilling Restrictions
  2. Kurdistan Regional Government
  3. Iraqi Kurdistan
  4. Iraqi Government
  5. Libyan Civil War
  6. Inside Vanguard
Get updates on Sierra Leone
Amara Mining Considering Several Joint Venture Approaches

West Africa-focused gold mining company, Amara Mining PLC (AMA.LN), has had approaches from "two or three" parties in recent weeks about the possibility of entering into a joint venture to help fill the company's $100 million funding gap on its Baomahun project in Sierra Leone, the company's chairman said Tuesday.Since flagging up its openness to such a move--either by selling a portion of its Baomahun project or bringing in a joint venture partner for the project--in its full-year results last month, Amara has had several approaches, including from the sovereign wealth fund sector, John McGloin told Dow Jones Newswires in an interview at the European Gold Forum in Zurich."It's an uncomfortable position to be in," said Mr. McGloin. "It wouldn't have been the path of choice, had the market conditions been better, but it basically means we have options available to us."The estimated development costs of the Baomahun deposit are about $220 million, but Amara's funding requirements for Bao...

Read More ›

  1. The 10 Poorest Countries in the World

    According to 2011 data released on Wednesday by the U.S. Census Bureau, 15% of individuals in the United States live below the poverty line. While down from 15.1% la...

  2. The World's Best (and Worst) Economies

    For most of the 20th century, the United States has been considered the world's economic superpower. And up until four years ago, the World Economic Forum would agre...

  3. Can You Turn Your Passion Into a Profitable Business?

    Not all passions make for a good business. Chris Guillebeau, author of "The $100 Startup," offers insights for aspiring entrepreneurs who seek to make a living doing...

  4. Repsol Profit Rises Both With And Without YPF

    Of THE WALL STREET JOURNALMADRID -(Dow Jones)- Spanish oil company Repsol YPF SA (REP.MC) moved Thursday to demonstrate that it has a solid future without its recent...

  5. London Mining Cuts Net Loss As Production Ramps Up

    London Mining PLC (LOND.LN), a U.K.-listed minerals exploration and mining company, said Thursday it had cut its full-year net loss by almost half in 2011 as the com...

  6. Anadarko CEO To Step Down In May, Replaced By COO

    Anadarko Petroleum Corp. (APC) Chief Executive Jim Hackett plans to step down in May and will be succeeded by Chief Operating Officer Al Walker.Hackett, who has been...

  7. Tullow Oil: Jupiter-1 Well Successfully Encountered Hydrocarbons

    Tullow Oil PLC (TLW.LN), an independent oil & gas, exploration and production group, said Tuesday the Jupiter-1 exploration well in Block SL-07B-11 offshore Sierra L...

  8. INDABA: Glencore, Xstrata Merger Could Spur W Africa Iron Ore M&A-Standard Bank

    A merger between Anglo-Swiss miner Xstrata PLC (XTA.LN) and commodities titan Glencore International (GLEN.LN) could be the catalyst for more merger and acquisition ...

  9. INDABA: Cape Lambert Plans Marampa IPO By End Of June

    CAPE TOWN--Cape Lambert Resources Ltd. (CMULF) plans to list its wholly owned Marampa Iron Ore Ltd., incorporating a brownfields exploration project in Sierra Leone ...

  10. Drug Makers Extend Commitment to Discounted Vaccines

    Pfizer (NYSE:PFE) and GlaxoSmithKline (NYSE:GSK) are increasing sales of their discounted pneumonia vaccines to developing countries by more than 50% as part of a br...

  11. How the Treasury Dept. Catches al-Qaeda Terrorists Post 9/11

    The war on terror is not just being played out on the battlefields, or at the Defense or State Departments, or in the shadowy world of the FBI or the CIA.It’s also b...

  12. Foreign Banks Urged to Cut Ties With Zimbabwe Over Blood Diamond Deals

    A human rights group is calling on banks around the world to ratchet any ties with financial institutions in Zimbabwe, claiming their involvement may be further fuel...

  1. Forget Wall Street Investors, Local Residents Fund Neighborhood Development

    Gina Schaefer says she loves her new neighborhood, and she's putting her money where her mouth is.Schaefer has lived in Washington, D.C., for 22 years and recently i...

  2. Lukoil CEO: 2013 Oil Production Seen Up 1.5% -Report

    Russia's second-largest oil producer OAO Lukoil Holdings (LKOH.RS) plans to increase its 2013 oil production by 1.5%, the company's chief executive said Tuesday, Int...

  3. Chevron Raises 2013 Capital Spending by 12% to $36.7 Billion

    Chevron Corp. (CVX) said Wednesday it would spend $36.7 billion in capital projects in 2013, up 12% from 2012, an increase partially due to rising costs in a mammoth...

  4. Lukoil To Spend $600 Million Drilling 5 Wells In Africa In 2013

    OAO Lukoil Holdings (LKOH.RS) will drill five wells in Africa next year at a cost of $600 million, a senior company executive said Wednesday on the sidelines of the ...

  5. Tapping Into Africa's Top-Performing Markets

    The African investment thesis is an enigma wrapped in a riddle cloaked under a veil of high risk. To some, the world's second-largest continent is the last investmen...

  6. As Iraq, Afghan wars end, private security firms adapt

    On a rooftop terrace blocks from the White House, a collection of former soldiers and intelligence officers, executives and contractors drink to the international pr...

  7. Chevron To Operate Offshore Sierra Leone Oil Field

    Chevron Corp. said Wednesday it has been awarded participation in a deepwater exploration area off the coast of Sierra Leone in West Africa. Financial terms of the d...

‹ Prev12Next ›
Freebase CC-BY
Source: Sierra Leone on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL