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[addas99] 21/8/2006 13:49

In the first round of the presidential elections Kabila won 44,81 percent of the vote, while Bemba, a vice-president and former rebel leader, garnered 20,03 percent. The two will face off in a second round of voting on October 29.

[pinhead3] 21/8/2006 13:44

'DR Congo outcome forces run-off

Joseph Kabila will face a run-off with Jean-Pierre Bemba (right)
A second round of voting will be needed in the Democratic Republic of Congo's landmark presidential poll after none of the candidates won 50% of the vote.
Incumbent President Joseph Kabila took a 45% share, while his nearest rival Jean-Pierre Bemba won 20%.

The pair are now set to face each other in a run-off on 29 October.

Prior to the announcement, at least five people were killed in Kinshasa, when security forces loyal to Mr Kabila and Mr Bemba exchanged gunfire.

The 30 July election was the first democratic poll to be held in the country since it gained independence in 1960.

After the results were declared, Mr Kabila appeared on state TV, saying he had won a "great victory".

DR CONGO RESULTS
Joseph Kabila: 45%
Jean-Pierre Bemba: 20%
Antoine Gizenga: 13%
Nzanga Mobutu: 5%
Oscar Kashala: 4%
Turnout: 70%
Source: CEI


War haunts the east
"To all of you who have chosen me, I say thank you. Thanks for having placed me in first position for these elections," he said.

Turn-out was about 70% of the 25m registered voters.

The chairman of the Independent Electoral Commission (CEI), Rev Appolinaire Malu-Malu, announced the results on state TV hours later than expected.

According to BBC Africa correspondent Peter Greste, the delay was the result of the gun battle that broke out between the security forces and bodyguards protecting the vice-president and former rebel commander Mr Bemba.

One Japanese citizen was among those killed, while at least five more people died in an accident caused by people trying to flee the scene, reports the BBC's Said Penda in Kinshasa.

The security forces and the 17,000 UN peacekeepers in DR Congo are on alert in case of further unrest.

Tension eased?

However, some observers believe the second round could help stave off violence that may have greeted an outright win by Mr Kabila, particularly in the capital, Kinshasa, where Mr Bemba is hugely popular.

"Tension would have been very high without a second round," a Western diplomat told AFP.


The clashes serve as a reminder of the potential for violence

Correspondents say the clashes in Kinshasa serve as a reminder of the fragile nature of DR Congo's peace following five years of conflict.

Mr Bemba and other former rebel leaders retain their own personal security forces.

Some of the 30 candidates eliminated in the first round had alleged widespread fraud even before the results were announced.

On Sunday, UN Secretary General Kofi Annan urged all "candidates to abide by the electoral law in the resolution of any disputes related to the electoral process," and urged them to "accept and respect the final results of the elections, in a spirit of peace and reconciliation."

The results show a regional division in DR Congo, a country two-thirds the size of western Europe.

Mr Bemba won most votes in the west of the country, while Mr Kabila gained most support in the Swahili-speaking east.

The first round of voting, involving 25 million voters, was the most expensive poll the UN had ever run, and a second round is also expected to be a costly and difficult exercise.

Three TV stations have been suspended for 24 hours after broadcasting images that could incite violence.

One is a state channel and another is owned by Mr Bemba.

The polls are meant to put an end to a transition process established after five years of war that ended in 2003. '

[pinhead3] 21/8/2006 13:21

With the company offices based in Oz I doubt whether there will be any news this afternoon, they're 9 hours ahead in Sydney. Morning announcements more likely with CRC IMO.

[addas99] 21/8/2006 13:11

yes, can't be leaping ahead without good reason....will we know why later today?

[pinhead3] 21/8/2006 13:08

Starting to get interesting, I wonder if news is imminent?

[tavonip] 18/8/2006 20:52

I will be interested if held in London .........

[unionhall] 18/8/2006 15:05

I'll be there if it is not too early in the am and Ryanair are still flying....

No chance of holding it in stansted I suppose !!!

[wassapper] 18/8/2006 15:01

I have had a reply from Mitch Alland himself. They will arrange a shareholders meeting as I have requested perhaps in Sep/Oct to present company progress if anyone is interested. It will of course be in London. Just say if you want in or not so I can give an idea and eventually a contact address.

[pinhead3] 18/8/2006 07:48

'Its three projects in the DRC are expected to produce an extremely significant 54,000 tonnes of 45% copper concentrate by mid-2007.'

Gives it away that it's CRC without a doubt.

[sheeneqa] 16/8/2006 17:46

No probs 69s, you have to Anti up for the names of the five companies, only one I can not work out is this one?

Over 85 years this company has gained a reputation as one of the best mining and processing engineers in the global natural resources sector. This South African firm tells the prospectors and explorers whether it's feasible to drill – then it helps them manage the job.

Their order book is one of the most enviable on the entire continent; it has trebled over the last three years... at the end of 2005 its value totaled some $296m... And that doesn't include two major contracts worth $150m each... and another worth $110m!

This firm has technical knowledge in abundance and, even though most of their work is in their native South Africa, they have a familiarity with operating conditions around the world. These factors combined have ensured that, when any company anywhere wants to get a mining project into production, this firm gets the call...

In the last 10 years, this firm has completed 600 projects in over 40, mainly African countries. And their good fortune looks set to continue, thanks to a new-style contract which has been brought in by the authorities to address a dire skill shortage in the resources industries.

This new agreement assigns more project responsibility to contractors... It means the better ones get lots more work!

[69saunders] 16/8/2006 17:13

thanks sheeneqa

is this the whole article from FSP Online? strange that they don't mention any names but definitely looks like CRC...

[adam] 16/8/2006 15:39

For long links use

[sheeneqa] 16/8/2006 14:58

Beneath the Democratic Republic of Congo sits one of the highest concentrations of copper in the known world.

The BBC says that DR Congo is "a vast country with immense economic resources"... The US State Department describes DR Congo as "home to a vast potential of natural resources and mineral wealth."

One company that's tapped right into that mineral wealth is the first of our five African "power stocks". This relatively small copper producer has recently secured some of the most promising reserves in both the DR Congo and Namibia.

Its three projects in the DRC are expected to produce an extremely significant 54,000 tonnes of 45% copper concentrate by mid-2007.

Now you may not know much about the DRC... Or if you do, you probably think of it as being a desolate, war-ravaged wasteland. Not so. It's a country on the mend. In fact, in many people's eyes, the DRC has the potential to be the commercial link between north Africa and South Africa – an economic capital inside the African continent. Not at the moment... but soon...

Since the end of the war and installation of the transitional government in July 2003, the country has been reunified and economic and commercial links have been re-established.

DRC's economy grew 5% in 2003, thanks to two things: International help with reconstruction and developing infrastructure (the World Bank released an initial tranche of $215m in grants under the National Reconstruction Programme and increased activities in DRC's copper belt... mainly by Canadian and Australian junior miners.

Africa Investor claims that the DRC is a market that's now "receiving considerable donor and world investor attention."

[sheeneqa] 16/8/2006 14:57

Take it this is CRC, this is one of five they are tipping in the dark continent...



Why the focus could well be on our copper tip...

The market outlook for copper is arguably its best for years.

Inventories at the London Metal Exchange have fallen from 850,000 metric tonnes in January 2002 to just 106,000 metric tonnes in January 2006.

African Business in April 2006 reported that African copper and steel are fetching some of the highest prices in recent history as global demand growth of 4% per year has not been met by producers. In fact, the price of copper has rallied from US$1 per lb in January 2004 to $3.89 per lb by mid-May 2006.

The future for Africa's metal producers, they say, "is brighter than it has been for quite a while."

And it certainly looks bright for our copper company... In addition to their DRC inventory, they also own 60% of the 'Haib' mine in Namibia – with an option to earn up to 90%. This facility contains some 2bn lbs of copper – and our company has the option to mine it – with the total support of the Namibian government!

It's not far-fetched to suggest that the share price of this company could grow by 85% in the next 12 months alone! Of course, you need to remember that the value of investments can go down as well as up, but, my friend, I believe the time to get in is now...

Long link would probably throw the thread out.

[69saunders] 16/8/2006 13:48

Sheeneqa

can you post the link up for finding these american investment newsletter as can't seem to do it - as well as posting up what they say in FSP?

thanks.

John

[stemis] 16/8/2006 10:50

Not doing a very good job then!

[sheeneqa] 16/8/2006 10:29

Getting pumped in the fsp online and several american investment newsletters.

[wassapper] 15/8/2006 17:14

Their reply ....

XXX,

We appreciate your support of Copper Resources. I have forwarded your email on to management so that they are aware of the concerns of our shareholders.

Best regards,

Jeanne Usonis

[wassapper] 15/8/2006 08:27

My message ...

Dear Jeanne

Thank you for the confirmation of the AGM. I understand that the BVI is the domicile of the company, but it is a) not a terribly convenient location for most shareholders, and b) it actually occurs on a UK Bank holiday so I wonder quite who will attend.

There are precedents from other AIM listed companies (some being companies chaired by Sir Sam) who hold AGMs outside of the UK to hold a second "shareholders meeting" in London. Could I please ask you to pass on to the Board a request from myself and other shareholders for such a meeting to be held in London in the autumn.

Many of us have been very active over the last year in promoting the particular opportunity represented by the Company to other individual shareholders, making a substantial difference to the share price. We believe it right and proper that the Board takes the time to make itself available to meet its UK shareholder base, and to keep those shareholders up to date with progress.

I look forward to your reply.

Regards

[wassapper] 15/8/2006 08:13

Confirmation of the location of the AGM. I have asked if there will be a shareholders meeting in the UK for those who can't just slip across to the B.V.I.


Copper Resources Corporation
(Incorporated and registered in the British Virgin Islands with registered number 626550)
Notice of 2006 Annual General Meeting
NOTICE IS HEREBY GIVEN that the Annual General Meeting of Copper Resources Corporation (the "Company") will be held at Craigmuir Chambers, Road Town, Tortola, British Virgin Islands on Monday 28th August 2006 at 2.00 p.m. for the purpose of considering and, if thought fit, passing the following resolutions:
RESOLUTIONS
1. To receive the Financial Report in respect of the Company and its subsidiaries for the period ended 31 December 2005, together with the Director's Report in relation to that Financial Period and the Auditor's Report in respect to the Financial Report.
2. To reappoint Mr Mitchell Alland as a Director of the Company, who retires as a Director by rotation in accordance with Article 93.4 of the Company's Articles of Association.
3. To reappoint Mr Christopher Terrence Jordinson as a Director of the Company, who retires as a Director by rotation in accordance with Article 93.4 of the Company's Articles of Association.
4. To re-appoint Chantrey Vellacott DFK, LLP as auditors of the Company to hold office until the conclusion of the next Annual General Meeting at which accounts are laid before the Company and to authorise the Audit Committee of the Board to determine the Auditor's remuneration.
Registered Office:
By Order of the Board
Craigmuir Chambers
George Gaetan Bru
P O Box 71
Road Town
Company Secretary
Tortola
British Virgin Islands
28th August 2006

[addas99] 13/8/2006 21:36

DRC on edge as Kabila leads election race

August 13 2006 at 10:11AM

Kinshasa - The Democratic Republic of Congo should know the winner this week of historic presidential elections, with incumbent Joseph Kabila expected to keep his job despite opposition allegations of fraud.

Two weeks after the vast central African country's first multi-party presidential and legislative elections in 46 years, Kabila won 55 percent of votes among the one-fifth of ballots to have been counted, according to an AFP count.

His main rival, vice-president and former rebel leader Jean-Pierre Bemba, has 17.8 percent, followed by former central bank governor Pierre Pay-Pay with 2.2 percent.

No figures were available from the capital, Kinshasa, where Kabila is not popular. Final nationwide results are due to be announced by August 20 at the latest.

[pinhead3] 11/8/2006 07:39

I thought maybe they'd have it somewhere sensible, hardly going to get many of the AIM listed holders going to the AGM there.

[addas99] 10/8/2006 19:32

pinhead..to the British Virgin Islands??!..I think I must give it a miss.
Interesting to know that's where they are nowadays, and CRC :-)

[unionhall] 10/8/2006 14:39

Some positive vibes...


DRC counting nears completion
David Masango

10 August 2006

Vote-counting in the Democratic Republic of Congo (DRC) is expected to be complete by Friday, with the DRC's Independent Electoral Commission expected to announce the provincial results by the weekend, says Deputy Foreign Minister Aziz Pahad.

On 30 July, the DRC held its first elections in over 40 years.

Earlier results
Speaking to reporters in Pretoria on Tuesday, Pahad expressed the hope that the results of each province would be released as and when they were completed, as agreed on with the Congolese.

"We believe that would be important to help improve the atmosphere in the DRC, and we hope that the agreement will be fulfilled and election results - province by province - will be given until the expected results on Friday, which is much earlier than we thought possible," he said.

Although some difficulties in the administration of the elections were expected, Pahad explained, the elections were generally regarded as free and reflective of the Congolese people's opinion.