Does anyone on the forum subscribe to the electronic journal African Mining Intelligence?
Don't like the threat to sue.
The retro-commissions would perhaps not enough enormous for the Togolese, who had initially agreed to give the phosphate carbonate of Togo Togo Phosphate SA for local processing, will be rebelled for contracting a firm Australian Sultan Corporation Ltd. According to a confidential memorandum No. 244 of highly specialized electronic journal Africa Mining Intelligence, Togo Phosphate SA intends to file a complaint in court against the Togolese government and the Australian company.
The trouble is we do not know whether the phosphate will eventually be processed locally. Another question: why give to foreign private local processing of phosphate carbonate? The Togolese Diaspora and inside that are so wealthy they are unable to finance a processing of phosphates? Read more in the article Africa Mining Intelligence
"By going recently in Australia to negotiate directly with the Sultan Corporation Ltd granting a concession for carbonate phosphate in Togo, the Minister of Mines and Energy, Dammipi Noupokou and Director General of Mines and Geology, Matthias Banimpo Gbengbartane, they wanted to "double" Togo Phosphates SA?
This local company established for the operation of such phosphates has been established following an agreement between joint venture Derek Lenartowicz, Polish-born Australian businessman and owner of Sultan, and Argonaut Group. This local firm (Togo Phosphates SA) is controlled by the lobbyist Burkina Kanazo? Issa, who introduced Derek Leartowicz Togo. Issa Kanazo? Togo Phosphates and SA have they been sidelined as the technical and financial bid submitted to the authorities were rather well received?
According to our information, the file would have been stuck at the last minute by Barry Moussa Barque, Special Adviser to the Head of State, Faure Gnassingbe. And in spite of interventions by a former Ghanaian minister very close to the Togolese president and personality in South Africa. Togo Phosphates Ltd plans to sue in Lome and Sydney Derek Lenartowicz and Sultan Corporation. At the Togolese Ministry of Mines, it ensures that the displacement of Dammipi Noupokou was part of a traditional mission, which was part of its activities. "
Add to My Watchlist
What is My Watchlist?