The Agete-1 well is located close to the Ugandan border and the discovery there of “sampled moveable oil” marks the fifth such find in Tullow’s exploration across the region, following oil strikes in its Twiga South, Ekales and Ngamia fields.


The Japanese carmaker set its target on the same day it unveiled a concept fuel cell-powered car, dubbed the FCV, at the Tokyo Motor Show. It also comes in the same week that Hyundai stated that it plans to start mass production of such vehicles early next year.

Many carmakers have been looking to develop the fuel cell technology further and bring it to mass production. The technology itself uses hydrogen to generate electricity to power the engine and the waste products are heat and harmless water.


The deal, approved by 99.5 percent of Nokia’s 3,900 investors, will see the technology giant pay 5.4 billion euros ($7.2 billion). This will also see it acquire licence patents from the phonemaker.

The transaction, announced in September, has not been met with universal appeal, particularly amongst Finns who regard the phone company as a national success. Nevertheless, the fact remains that Nokia has seen its share of the smartphone market shrink at a time when Apple and Samsung have risen in stature.


There’s a sense of purpose at Canadian junior Potash Ridge – and the tone is set by its President and CEO Guy Bentinck a Chartered Accountant who has devoted the 20 years he has spent in the mining sector to finding smart ways of securing finance. He is not a man whose head can be turned by specious arguments: every step in the development of a project has to be considered, and realistic contingency planning built in.


Base listed on the ASX in October, 2008, with a portfolio of Australian iron ore projects. Carstens and his team, recognising that these assets would not produce any company-makers, “set sail round the world looking for the right opportunity we could build the company around”. In July, 2010, Base acquired its 100 per cent interest in the Kwale minerals sands project in Kenya.


In much the same way that Trinity Exploration and Production operates under the motto that “it’s not just about oil”, Joel “Monty” Pemberton has lived most of his working life with the belief that it’s not just about how much money one can earn.


Howden Africa was established in Johannesburg in 1952, to supply fans for the mining and power generation industries, just under a century after the Scottish engineer and inventor James Howden set up the parent company in Glasgow. Howden was an innovator par excellence, but his most successful invention was a forced draught system that dramatically improved the performance of steam boilers.


Historically known for its large hydrocarbon wealth, which gives it one of the highest GDPs per capita in the world, the UAE’s decision in recent years to diversify its economic plans marked an important shift in the growth of the GCC country. It has subsequently proven to be a hugely successful move, with the country’s non-oil and gas GDP outstripping that attributed to the energy sector, accounting for 64 percent of its total GDP.


The market has a lot to answer for, and so do investors in search of a quick buck. Where gold mining is concerned, it is a well-known fact that as the price on the international metal exchanges fluctuates the viability of higher cost mines comes into question. There are properties all over the world that have been put into mothballs either because all the high grade material has been taken or because they can’t any longer sustain a decent margin.


A member of the Bravo Group, South Africa’s largest and most diverse furniture manufacturer, Alpine Lounge has left behind the world of high volume mass-produced furniture. It is a premium marque and its Ashanti brand can only be described as aspirational. Founded in 1969 it has built its reputation on state-of-the-art technology, quality products, on-time delivery and caring and efficient after-sales service.