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Latest Mining industry of Niger Stories

2009-09-17 16:15:00

NEW YORK, Sept. 17 /PRNewswire-USNewswire/ -- The Revenue Watch Institute praised U.S. Interior Secretary Ken Salazar today for the department's welcome decision to end a program allowing energy companies to pay government royalties in oil and gas instead of in cash. Mired in scandal over mismanagement and fraternization between regulators and industry employees, the Royalty-In-Kind (RIK) program has suffered from weak oversight and a dangerous lack of transparency. Under the program,...

2008-08-27 03:00:45

By Morgan, Matthew The prices that Africa's commodities fetch in the world market have never been higher. Ironically, production problems, for example power shortages in South Africa, have served to raise prices even further. The question is, how can Africa best employ this commodity windfall? Report by Matthew Morgan Wherever one looks in Africa there is increasing prosperity from commodity prices - and the best may be yet to come. The benchmark commodities index - the Jefferies- Reuters...


Word of the Day
virgule
  • A punctuation mark (/) used to separate related items of information.
  • A little rod; a twig.
This word comes from the Late Latin 'virgula,' accentual mark, a diminutive of 'virga,' rod.
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