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Central African Mining and Exploration Company
 Moderated by: Saida.M, safetyblitz, Raven, Miss Brighter Days, LadyDay, Kunjufu, Kibibi, Happiness, Dillinger, Breadfruit, Backatya  

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MarcusGarveyLives
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 Posted: Sunday May 14th, 2006 17:59

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Focus: The maverick, the miner and the millions

Former England spin bowler Phil Edmonds has made a fortune in three months from an African cobalt mining operation. But he hasn't mentioned that the key man in the partnership is a fugitive from justice. Tom Walker reports ...


Read more here ...



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 Posted: Monday May 15th, 2006 15:10

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Will anyone REALLY be prosecuted?



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 Posted: Friday June 2nd, 2006 19:01

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Earlier today: Shares in Central African Mining & Exploration rose 5½p to 65p after turnover in May jumped 18.5% to $13.6m!

Central African also said copper production in the Congo had started and the first sales would take place next month. It has revised its original estimates of 20,000 tonnes of copper a year to 50,000 tonnes by 2007.  

Update from Democratic Republic of Congo (click for update)

(Note: Central African Mining & Exploration Company Plc has operations across Africa, centred predominantly in the Democratic Republic of Congo, Mozambique and South Africa. The mineral focus is currently cobalt, copper, coal and fluorspar. It also has resource activity in Mali and Zimbabwe where it is exploring for gold, tantalum and bauxite. Additionally, the Company has agricultural processing and transport operations centred in Mozambique, the DRC and Zimbabwe).






They Want It All



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 Posted: Friday June 2nd, 2006 19:04

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Want it?

They already have it all...

Anybody who believes Africa ever won independance is in lala land



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MarcusGarveyLives
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 Posted: Sunday June 11th, 2006 09:36

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Contacts:

Phil Edmonds               CAMEC                             Tel: 0845 108 6060
Hugo de Salis              St Brides Media & Finance Ltd  Tel: 020 7242 4477

Notes

CAMEC has operations across Africa, centred predominantly in the DRC, Mozambique
and South Africa. The mineral focus is currently cobalt, copper, coal and
fluorspar. It also has resource activity in Mali and Zimbabwe where it is
exploring for gold, tantalum and bauxite. Additionally, the Company has
agricultural processing and transport operations centred in Mozambique, the DRC
and Zimbabwe.

... maybe "Phil" and "Hugo" can tell us more.



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Apedemak
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 Posted: Sunday June 11th, 2006 21:51

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I haven't read the story but is anything getting back to the people? No mention of it in the papers as usual.

This stuff makes me feel down.

 

Last edited on Sunday June 11th, 2006 21:55 by Apedemak



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MarcusGarveyLives
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 Posted: Tuesday June 13th, 2006 08:00

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Contacts:

Phil Edmonds               CAMEC                             Tel: 0845 108 6060
Hugo de Salis              St Brides Media & Finance Ltd  Tel: 020 7242 4477

"Phil" and "Hugo" can tell us more.  Villagers can ring them direct if they prefer.



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 Posted: Tuesday June 13th, 2006 14:02

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Is there an address I can write to?



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 Posted: Tuesday June 13th, 2006 15:05

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No problem - why not try:

Philippe Henri Edmonds, Chairman
Central African Mining & Exploration Company Plc
18 Upper Brook Street
London W1K 7PU

If you like using telephones, try:

Tel: 0845 108 6060

If faxes are your thing, try:

Fax: 0845 108 0606


If anyone is keen on emails, try:

Email:
philedmonds@camec-plc.com or info@camec-plc.com

Good luck.

"CAMEC Plc is an AIM-listed African mining, investment, development and trading company with activities currently focused on Central and Southern Africa. The Company has offices in UK, Mozambique, Zimbabwe and South Africa ...

CAMEC currently has production and trading operations in Mozambique, the Democratic Republic of the Congo (D.R.C.) and Zimbabwe. It also has extensive mineral exploration permits in the D.R.C., Mozambique and Zimbabwe. Other countries of activity and investment include Sudan and South Africa."




They Want It All



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 Posted: Wednesday June 14th, 2006 23:16

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*shaking head* 



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Apedemak
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 Posted: Thursday June 15th, 2006 16:05

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I haven't been on there yet but the Legali site would be good for this one. Guess you've posted it up on there already...

Just a shame prank calls and emails don't scare people away from multi million extortion rings anymore. If theres any hardy Africans in that region on the other hand....

*hint, cough, hint*



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 Posted: Wednesday July 5th, 2006 07:24

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Is the Blacknet Village site "a good place" for this one?



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Apedemak
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 Posted: Wednesday July 5th, 2006 15:09

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Yup.... I'm gonna log onto Ligali and see what they're about.



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 Posted: Monday July 17th, 2006 21:07

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Is the Blacknet Village site "a good place" for this one?



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Apedemak
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 Posted: Tuesday July 18th, 2006 13:56

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MarcusGarveyLives wrote: Is the Blacknet Village site "a good place" for this one?
 

Now you've lost me...

Could make a list of other mining companies if you'd like... we could start a WHOLE new topic and list dodgy people trading in all sorts. Thing is I wouldn't know if some of them are dodgy or 'honest' people but most of them are from South Africa all the same.

Ligali would be a better place for things like this though.



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 Posted: Tuesday August 22nd, 2006 07:14

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"... Down on AIM, it may be worth keeping an eye on Congo-based Central African Mining & Exploration Company, or Camec, which supplies 15 per cent of the world's cobalt concentrate. According to Credit Suisse, the market for cobalt is being squeezed as miners in Congo switch production to metals giving a higher return per tonne, which "could be the beginning of a major change in sentiment in the market". Some 90 per cent of cobalt concentrate is sourced as a by product of copper and nickel.

After spending three years trading in a tight band, prices of cobalt have jumped about 40 per cent in recent weeks as demand, principally from China, exceeded supply. Some believe demand for the metal -- used in high wear applications such as gas turbine engines, paints and battery electrodes -- has also been buoyed by Dell's recent
recall of 4.1 million laptop computers due to faulty batteries; its supplier reportedly replaced cobalt with a cheaper metallic alloy about three years ago.

"The severe shortage of cobalt concentrate could lead to panic buying by the Chinese who buy nearly 90 per cent of their concentrate needs from the Congo and represent 20 per cent of global cobalt cathode production," pitched Credit Suisse.

Cobalt currently stands at about $20 a pound. Credit Suisse calculated that every $1 increase in the price of cobalt adds $11 million to its earnings forecasts for Camec. Its estimate of $77 million in 2007 is based on an average $15.50 per pound price this year and next.

The Swiss broker repeated "outperform" advice on Camec with a £1 target, although it was not pushing the stock towards its widowed or orphaned clients. "The group’s main business is situated in the Congo which is days away from an election result. Land ownership issues and political unrest are all part of doing business in the Congo and investors should recognise these inherent risks," Credit Suisse cautioned.

Camec shares drifted 1.5p to 48.5p ..."


(Source: Times Online, 21 August 2006)



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Apedemak
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 Posted: Tuesday August 22nd, 2006 16:12

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:shock:



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 Posted: Friday August 25th, 2006 10:55

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I don't see this on Ligali.org....



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 Posted: Tuesday October 3rd, 2006 20:38

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Turnover for for the year to 31 March 2006 up to £11.04m from £805,000



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