AXMIF - Axmin Inc. (Gold Royalty)

Discussion in 'Stock picks and trading strategies' started by goldismyfriend, May 17, 2018.

  1. Central African Republic: Council adopts conclusions

    On 15 October 2018, the Council discussed and adopted conclusions on the Central African Republic.

    In its conclusions, the Council underlines that the situation in the Central African Republic (CAR) is still very fragile and that the EU remains engaged in support of the country. The EU emphasises the need to continue working, through its various instruments, to help the CAR get back on the road to stability, peace and development and to meet the aspirations of its entire population for lasting peace and reconciliation.

    The EU reiterates its support for the African Initiative for Peace and Reconciliation under the auspices of the African Union and the leadership of President Touadéra to reach a peace and reconciliation agreement, to create the conditions for the complete disarmament of armed groups and to strengthen State authority, while preserving the unity and integrity of the CAR.

    The EU also stresses the importance of inclusive involvement of all institutions and all actors of Central African society, including women, youth and civil society. The EU calls on all international actors, especially those engaged in the CAR, to support the action of the government and the African Initiative in a properly coordinated and fully transparent manner.

    The Council also welcomes the commitment of the United Nations Multidimensional Integrated Stabilisation Mission in CAR (MINUSCA), in particular to support the CAR authorities in carrying out the security sector reform process and to help them restore State authority.

    The Council emphasises that the security situation, including hybrid threats, confirms the need to continue to strengthen the Central African Armed Forces (FACA), and welcomes the request by the CAR for additional assistance for the Internal Security Forces, notably by means of civilian engagement. Ministers invited the EEAS to establish and deploy as soon as possible a civil-military interoperability pillar within EUTM RCA, tasked with providing strategic advice in this area.

    The EU remains concerned by the humanitarian situation in the CAR and emphasises the need for the international community to mobilise in response to the humanitarian emergency, and reiterates its own ongoing engagement through the Bêkou Trust Fund. The EU remains strongly committed to the CAR, with an envelope of EUR 487 million allocated for the period 2017-2020.
  2. Axmin Technical Charts

    0.015 (5.45%) 10-18 15:57
    Open: 0.27 Prev Close: 0.275
    High: 0.295 Low: 0.27
    Volume: 95,900 Market Cap: 38M
    Year High: 0.3 Year Low: 0.03
    Stock Technical Analysis
    Overall [​IMG]
    Targets Six months: 0.34 One year: 0.40
    Supports Support1: 0.20 Support2: 0.14
    Resistances Resistance1: 0.29 Resistance2: 0.34
    Pivot Point 0.23 [​IMG]
    Moving Averages MA(5): 0.27 [​IMG] MA(20): 0.23 [​IMG]

    MA(100): 0.17 [​IMG] MA(250): 0.10 [​IMG]
    MACD MACD(12,26): 0.02 [​IMG] Signal(12,26,9): 0.01 [​IMG]
    Stochastic Oscillator %K(14,3): 92.98 [​IMG] %D(3): 83.81 [​IMG]
    RSI RSI(14): 69.53 [​IMG]
    52-Week High: 0.29 Low: 0.03 Change(%): 480.0
    Average Volume(K) 3-Month: 11588 10-Days: 10171

    Moving Averages analysis
    Price and moving averages has closed above its Short term moving average. Short term moving average is currently above mid-term; AND above long term moving averages. From the relationship between price and moving averages; we can see that: This stock is BULLISH in short-term; and BULLISH in mid-long term.
    Bollinger Bands Analysis
    AXM.V has closed below upper band by 4.7%. Bollinger Bands are 173% wider than normal. The large width of the bands suggest high volatility as compared to AXM.V's normal range. The bands have been in this wide range for 2 bars. This is a sign that the current trend might continue.
    Stock News

    Stoxline Canada


    Stock Chart Toronto


    Option Calculator

    EPS 0.010
    EPS Est. Current Year
    EPS Est. Next Year
    EPS Est. Next Quarter
    Forward EPS 1.#IO
    Shares Out. (M) 130.50
    Shares Float (M) 48.16
    Book Value (p.s.) -0.010
    PEG Ratio
    Profit Margin 78.02
    Operating Margin 76.96
    Return on Assets (ttm) 58.5
    Return on Equity (ttm)
    Qtrly Rev. Growth 57.9
    Gross Profit (p.s.) 0.012
    Sales Per Share
    EBITDA (p.s.)
    Qtrly Earnings Growth 64.60
    Operating Cash Flow (M) 1.19
    Levered Free Cash Flow (M) 0.73
    P/E 29.00
    P/E Growth Ratio 0.04
    P/BV -29.00
    P/S 3784499968.00
    P/CF 31.80
  3. Russia to send more military trainers, equipment to Central African Republic

    MOSCOW, Oct 19 (Reuters) - Russia said on Friday it planned to send additional military equipment to Central African Republic (CAR) and deploy 60 more instructors to train the country’s armed forces, escalating its most significant military foray in Africa in decades.

    Russia donated hundreds of weapons and sent 175 trainers to CAR earlier this year to bolster the government’s fight against militia groups after receiving an exemption from a United Nations arms embargo.

    According to diplomatic and security sources, many of the Russians in CAR are private security contractors and their remit has expanded into mediating negotiations among armed groups, securing mining projects and advising CAR’s president.

    Russia’s activities in CAR are part of a wider push to re-establish influence in sub-Saharan Africa that waned after the Cold War. It has signed military cooperation deals with 19 countries since 2015 and expanded diplomatic and trading ties.

    In one of its most extensive comments to date on the subject, Russia’s foreign ministry defended its actions in a statement against what it said was “a certain ‘jealousy’” by other foreign powers over Russia’s role in CAR.

    “We believe this kind of position to be counter-productive, particularly in the current context, when constructive cooperation of all international ‘players’ and not competition or ‘zero-sum games’ is urgently called for,” it said.

    “With the knowledge of a relevant U.N. Security Council committee we are planning to send to CAR an additional 60 civilian instructors and the second part of military purpose products.”

    According to a confidential memo seen by Reuters, the Security Council’s 15-member CAR sanctions committee agreed last month to Russia’s request to send the 60 additional instructors, provided they coordinate with CAR’s U.N. peacekeeping mission.

    But France, the United States and Britain placed a hold in August on further arms shipments pending confirmation that measures had been taken to secure the previous donation.

    Estimates of the total number of Russians in CAR vary widely, from 250 to 1,000. The foreign ministry did not respond directly to questions about the presence of private security contractors.

    CAR has faced near-constant armed conflict since 2013, when a mostly Muslim Seleka rebel coalition overthrew then-president Francois Bozize, prompting reprisals from Christian ‘anti-balaka’ militias. (Reporting By Maria Tsvetkova; Writing by Aaron Ross)
  4. UN Summary Report For CAR (From June 15th 2018 to October 15th 2018) - In PDF Form

    Note - This is a report from the UN(MINUSCA) and does not detail the effort and support from other groups such as the EU(European Union), Russia, AU(African Union), China, USA, France, etc. Opinions have not been posted below as this is just one perspective from an individual writing the report. The key notes below are meant to show actual events compared to what the writer is actually talking about or speculates.

    I have condensed everything and taken out all the important key notes of events that have taken place over the four month period.
    Total - 21 Pages (12-21 are personal opinions and have not been posted)

    Page 3

    The African Initiative is widely recognized among all stakeholders as the ma in
    principle framework for the peace process in the Central African Republic, although
    its operationalization has taken time and it lacks the required resources. One year
    after the adoption of the Libreville road map, the Initiative’s panel of facilitators
    concluded its “listening tours” with the 14 main armed groups. At the most recent
    meeting, held in Bouar from 28 to 30 August, the panel helped to harmonize the
    groups’ demands, which were subsequently submitted to President Touadéra for
    consideration by the Government. This represents an important preparatory step
    towards dialogue between the Government and armed groups, tentatively scheduled
    for November. The panel also consulted two exiled former Heads of State, Francois
    Bozizé and Michel Djotodia. In July 2018, the Initiative, with support from the
    Peacebuilding Fund, organized training sessions to prepare armed groups,
    government representatives and political and social leaders for direct dialogue, with
    the support of the Community of Sant’Egidio and the African Centre for the
    Constructive Resolution of Disputes. The United Nations Entity for Gender Equality
    and the Empowerment of Women (UN-Women) and the United Nations Development
    Programme (UNDP) organized workshops and seminars to engage women and yo ung

    On 28 August 2018, a meeting was convened in Khartoum with the three main
    ex-Séléka factions and one anti-balaka faction, with the support of the Russian
    Federation. That followed an earlier meeting in Khartoum on 10 July that only the
    Front populaire pour la renaissance de la Centrafrique attended. The second meeting
    resulted in a declaration, by which armed factions pledged their support for peace and
    dialogue within the framework of the African Initiative.

    In Bangassou, a local agreement was signed in April 2018, complemented by
    the arrest of militia leaders, disarmament through community violence reduction
    programmes, the deployment of units of the Central African armed forces trained by
    the European Union Training Mission and intercommunal dialogue by local leaders.
    Those efforts have produced a noticeable decline in attacks on civilians in recent
    months. In Bangui, intercommunal dialogue in the city’s third district facilitated the
    gradual return of people displaced following Operation Sukula. Local peace and
    reconciliation processes in Markounda and Zemio have helped to reduce violence,

    Page 4

    (continued from page 3) increase freedom of movement and facilitate the return of State authorities. Similarly,
    in Bouar, they have helped to eliminate illegal checkpoints, stop intercommunal
    violence and secure a commitment from the armed group Retour, réclamations,
    réhabilitation to demobilize and disarm as part of the disarmament, demobilization
    and reintegration programme. In July, that group and anti-balaka leaders in Bouar
    destroyed 1,652 weapons that had been collected through community violence
    reduction programmes, symbolizing their commitment to disarming. The
    Government, with MINUSCA support, also established eight new local peace and
    reconciliation committees across the country.

    Page 5

    Out of a total of 7,087 verified soldiers of the Central African armed forces, 243
    have been deployed in Am Dafok, Boali, Bouar and Moungounba without MINUSCA
    or partner support. A total of 612 personnel trained by the European Union Training
    Mission have so far been deployed in Bangassou, Bouar, Dekoa, Obo, Paoua and
    Sibut, working alongside MINUSCA. The Central African armed forces has received
    contributions from bilateral partners, including armaments, vehicles, communications
    and other equipment. MINUSCA is responsible for the ad hoc supplies of fuel in
    Bangassou, Obo and Paoua, which it then receives in the same quantities by the
    Government in Bangui. The majority of the 3,232 police and gendarme officers
    remain in Bangui owing to a lack of essential equipment and logistics necessary to
    deploy new recruits throughout the country as planned (new EU & Russia support will resolve this)

    Page 7

    During the reporting period, several initiatives were undertaken to help the
    Government to re-establish the rule of law and State authority and to provide services
    in response to citizens’ request. MINUSCA and the United Nations Children’s Fund
    (UNICEF) supported the organization of the 2018 national baccalauréat exams.
    MINUSCA and UNDP worked with the Government to develop “Lisango 2.0”, a
    software to facilitate the planning of civil servant deployments. In August, five new
    prefects, including three women, were nominated to replace the retired prefects of
    Bamingui-Bangoran, Basse-Kotto, Mbomou, Nana-Gribizi and Nana-Mambéré.

    The Special Criminal Court rules of procedure and evidence were promulgated
    on 2 July 2018. The Court is actively working, with MINUSCA support, to develop
    its prosecutorial and case selection strategy. The judiciary resumed criminal sessions
    in several areas, with support from MINUSCA and UNDP. The Bangui Court of
    Appeal held its second criminal session from 16 July to 31 August, in which 15 cases
    were heard, including several related to the conflict. In August, the Bossangoa High
    Court resumed its criminal sessions, which had been suspended since 2013. However,
    in general the capacity and functioning of other national judicial and corrections
    structures, particularly outside Bangui, remained limited.

    The Mission continued to support the demilitarization of prisons, including the
    recruitment of 150 out of a total of 300 prison officers. The Mission apprehended nine
    high-profile individuals using its urgent temporary measures and supported the
    transfer to Bangui of 54 detainees, including anti-balaka leader Pino-Pino, who had
    been accused of involvement in attacks against civilians and peacekeepers in May

    Page 8

    MINUSCA is supporting the Government’s launch of its disarmament,
    demobilization and reintegration programme, starting in the west with seven armed
    groups, and continued to expand community violence reduction programmes in six
    locations for 5,100 beneficiaries. The Government continued to engage with other
    armed groups to reach further agreements and extend disarmament and
    demobilization to other parts of the country

    On 4 July 2018, the National Assembly adopted a law establishing a High
    Council on Security to ensure greater accountability and civilian oversight over the
    security sector. On 24 August, the President approved the Government’s proposal to
    reserve 10 per cent of new posts in the Central African armed forces and security
    forces for former combatants, until 2021. At the request of the Government,
    MINUSCA started to support the recruitment of 1,023 Central African armed forces
    personnel, using quotas to ensure fair geographic and gender balance. In August, the
    European Union Training Mission concluded the training of the third infantry
    battalion of the Central African armed forces. On 30 July, the mandate of the
    European Union Training Mission was extended until 19 September 2020

    The 500 new police and gendarmerie recruits were scheduled to complete their
    general training and start specialized training by the end of October 2018. MINUSCA,
    through the Mine Action Service, continued to support weapons and ammunition
    management by assisting the national defence and security forces with infrastructure
    planning and refresher training

    Page 9

    MINUSCA and the United Nations country team, along with other partners,
    have supported the Government in the implementation of the National Re covery and
    Peacebuilding Plan for the period 2017–2021, to which donors have pledged some
    $2.2 billion. The biannual review in June and July showed an increase in the delivery
    rate of funds to 49 per cent, although disbursement remained slow. The Mutual
    Engagement Framework biannual review highlighted the need to strengthen national
    capacities at all levels and to improve national ownership of the Plan and Framework.
    It highlighted the urgent actions required to achieve peacebuilding priorities,
    including the swift adoption of laws and regulations to launch the preparation for
    elections and further deployments of the Central African armed forces and internal
    security forces alongside MINUSCA. Efforts continued for the development of the
    sectoral strategies, policies, plans and frameworks that were essential for accelerating
    the programming and delivery of the resources mobilized so far and for translating
    them into peace dividends for the population

    The International Monetary Fund reviewed the country’s Extended Credit
    Facility Agreement and approved in July a disbursement of $32.1 million. A portion
    would be used to pay 2003 salary arrears of civil servants and the gradual settlement
    of domestic debt with private companies. In June, the National Assembl y adopted a
    revised finance bill that increased social spending and public investments.

    Page 10

    As at 1 October, MINUSCA had deployed 11,170 military personnel, 3.17 per
    cent of whom were women. That figure represents 95.88 per cent of the total
    authorized strength of 11,650 personnel. The MINUSCA force currently comprises
    10 infantry battalions, two quick-reaction battle groups, a reserve battalion, a special
    forces company, a quick-reaction force company and several enabling units, including
    a military police company, five engineering companies, a heavy transport company,
    three level-II hospitals, a level-1-plus forward surgery module and three helicopter
    units, including a combat helicopter unit. The Mission, with guidance from United
    Nations Headquarters, is reviewing its capabilities and response procedures in order
    to improve the casualty evacuation support

    As at 1 October 2018, a total of 750 troops out of the 900 authorized by the
    Security Council were operational. The remaining troops are expected to reach full
    operational capability by end of November, with specialized equipment, including
    reconnaissance and high-mobility armoured vehicles, as well as enablers, such as
    engineering vehicles, logistics and medical equipment. MINUSCA will reinforce its
    military posture with two highly mobile battalions, designed as joint task forces
    composed of three companies, capable of deploying simultaneously and operating
    autonomously, with integrated force multipliers. They will act as quick-reaction
    forces, tasked to address particularly difficult security situations.

    As at 1 October, MINUSCA had deployed 1,918 police personnel, representing
    92.21 per cent of the authorized strength of 2,080. That number comprised 385
    individual police officers, including 52 women, representing 96.25 per cent of the
    authorized strength of 400. Ten formed police units and two protection support units
    comprising 1,533 officers, including 102 women, were also deployed, representing
    91.25 per cent of the authorized strength of 1,680. The transformation of the police
    protection unit into a formed unit remained pending owing to equipment constraints
    of the contributing country. Once addressed, the more mobile unit will deploy to
    Berberati and Bossangoa

    As at 1 October, MINUSCA had deployed 1,384 civilian personnel (1,151 staff
    members and 233 United Nations Volunteers) representing 90 per cent of the total
    1,524 authorized positions. Furthermore, 273 women constituted 23.7 per cent of the
    civilian personnel, with 21.5 per cent in positions at the P-5 level or higher

    The Mission continues to work closely with the Government to address a
    number of violations related to the status-of-forces agreement, including the import
    of critical equipment

    Page 11

    The Mission has strengthened its efforts to address performance in a series of
    actions encompassing training, equipment, evaluation and leadership. The Mission is
    serving as a pilot for the implementation of the Comprehensive Performance
    Assessment System of the Department of Peacekeeping Operations, and is developing indicators to measure whole-of-mission performance against its strategic objectives.

    Since the launch in September 2017 of the online military performance assessment
    tool, MINUSCA has conducted evaluations of several units, which were mostly
    assessed as satisfactory, and it is now implementing performance improvement plans
    as needed, including on the basis of those evaluations. MINUSCA has been an early
    adopter of innovative technologies in support of operations and force protection. It
    has made progress in implementing the recommendations contained in the report on
    the independent investigation by Brigadier General (Retired) Amoussou to improve
    the Mission’s response to protect civilians, as well as the action plan to reduce
    peacekeeper fatalities following the report by Lieutenant General (Retired) dos Santos
    Cruz,1 which has already produced results, with six peacekeeper casualties in 2018
    due to malicious acts, compared to 12 in the same period in 2017, although injuries
    have increased to 34 in 2018 from 18 in 2017. MINUSCA has also made significant
    improvements in personnel accommodation.

    Notes - Pages 12-21 are personal notes and opinions and have been not been posted and these are the thoughts and expressions of one individual and do not take into the account the support from other countries and institutions (Russia, China, France, EU, AU, Sudan, etc). MINUSCA is a support group but does not have the full power or ability to change things. This is more in the hands of the other groups who have more influence and pull within CAR and work much closer to government officials
  5. ( - AXM.VN Shows 96% Buy Rating From Technical Indicators

    Axmin Inc (AXM.VN)
    0.290 unch (unch) 10/19/18 [TSX Venture]
    BARCHART OPINION for Mon, Oct 22nd, 2018
    TrendSpotter BUY
    Short Term Indicators
    7 Day Average Directional Indicator BUY
    10 - 8 Day Moving Average Hilo Channel BUY
    20 Day Moving Average vs Price BUY
    20 - 50 Day MACD Oscillator BUY
    20 Day Bollinger Bands HOLD
    20 - Day Average Volume: 149,523 Average: 80% BUY
    Medium Term Indicators
    40 Day Commodity Channel Index BUY
    50 Day Moving Average vs Price BUY
    20 - 100 Day MACD Oscillator BUY
    50 Day Parabolic Time/Price BUY
    50 - Day Average Volume: 129,915 Average: 100% BUY
    Long Term Indicators
    60 Day Commodity Channel Index BUY
    100 Day Moving Average vs Price BUY
    50 - 100 Day MACD Oscillator BUY
    100 - Day Average Volume: 127,174 Average: 100% BUY

    Barchart Opinions show traders what a variety of popular trading systems are suggesting in terms of going long or short the market. The Opinions takes up to 2 years' worth of historical data and runs these prices through thirteen different technical indicators. After each calculation, the program assigns a buy, sell or hold value for each study, depending on where the price lies in reference to the common interpretation of the study.

    Barchart Opinions are not a recommendation to buy or sell a security. Your decision whether or not to make a purchase should be based on your own due diligence and not on any representation we make to you.

    Central African Republic to begin disarming groups by year's end: UN envoy

    AFP•October 23, 2018
    Peacekeepers from Gabon on patrol in the city of Bria in the Central African Republic (AFP Photo/SABER JENDOUBI)
    United Nations (United States) (AFP) - Before the end of the year the Central African Republic will begin disarming illegal groups in the western part of the country, UN envoy Parfait Onanga-Anyanga told the Security Council Tuesday.

    There has been progress in starting a peace process since a UN peacekeeping force was established in the CAR in 2014 to stamp out inter-communal violence in the country, Onanga-Anyanga said.

    "This progress that we have made together makes me hopeful that we have laid the foundations needed to build sustainable peace," he said.

    A half-dozen armed groups have committed to a national disarmament, demobilization and reinsertion program, Onanga-Anyanga said.

    "The government will begin the disarmament of certain of these groups in the west of the country before the end of the year," he said.

    French Ambassador Francois Delattre emphasized, however, that "the message to the armed groups must be clear.

    "They must lay down their arms and join the peace process without delay and without conditions, and know that the violence they engage in will not go unpunished," he said.

    Since 2013, much of the Central African Republic has been at the mercy of armed groups that plunder the country's gold, diamond and oil deposits, posing a formidable obstacle to peace and national reconciliation.

    Many of these groups claim to protect Christian or Muslim communities, and often battle over resources.

    Onanga-Anyanga pointed to the opening session Monday of a long-planned Special Criminal Court in Central Africa as an "important step" against impunity.

    The court consists of 25 judges -- 13 from the CAR and 12 foreigners -- and will decide cases involving violations of human rights or international humanitarian law committed in the country since 2003.

    One of the world's poorest and most unstable countries, the CAR spiralled into bloodshed after longtime leader Francois Bozize was overthrown in 2013 by a mainly Muslim rebel alliance called the Seleka.
  7. Russia Pledges Continued Support for Central African Republic Security

    03:44 24.10.2018Get short URL
    0 20
    WASHINGTON (Sputnik) - Russia plans to continue providing security assistance to the Central African Republic government in an effort to end a far-flung insurgency in which authorities in the capital of Bangui are attempting to wrest control of much of the nation from more than a dozen rebel groups, Russia’s Envoy to the UN Vassily Nebenzia said.

    "Russia will continue to provide support to the CAR[Central African Republic] in reforming its national security sector, including in strengthening the battle readiness and battle capacity of the armed forces of the country," Nebenzia told the UN Security Council on Tuesday.

    Things to Know About the Russian Mission in Central African Republic
    Nebenzia noted that Russian military experts have managed to achieve "significant results" by training more than 1,000 soldiers of the CAR army.

    In addition, Nebenzia pledged increased Russian humanitarian assistance to CAR, in particular by providing medical services to the population.

    On Monday, the Russian Foreign Ministry announced plans to send 60 additional military advisers to the CAR to complement 175 advisers dispatched to the country earlier this year along with a shipment of small arms.

    READ MORE: France Officially Ends Military Operation in Central African Republic

    The CAR government is battling 14 rebel groups that control much of the nation outside Bangui, according to published reports.
  8. Durable peace in Central African Republic achievable

    Source: Xinhua| 2018-10-24 04:13:16|Editor: yan

    UNITED NATIONS, Oct. 23 (Xinhua) -- A durable peace in the Central African Republic (CAR) is achievable with the action of Central Africans and with the help of the international community, said the top UN envoy in the country on Tuesday.

    "Despite the persistent challenges, I am hopeful that we have now established the necessary foundations on which a durable peace can be built," Parfait Onanga-Anyanga told the Security Council.

    Such an objective is indeed achievable provided that the region and the international community remain in solidarity with the collective support for the government and people of the CAR, said the envoy, who is also head of the UN peacekeeping mission in the country.

    The general security situation has been brought under control. Democratic elections have been held and constitutional order has been restored. State authority is re-establishing itself in Bangui and beyond, he said.

    But he warned that the country still faces many challenges.

    Conflict factors remain and attacks against civilians continue, resulting in massive displacement of the population. Half of the country still needs humanitarian assistance, and the provision of such assistance is becoming increasingly difficult, partly because of the violent attacks on peacekeepers and aid workers, said Onanga-Anyanga.

    Together with the Central Africans, the international community must help move the country from a phase of containment to one of transformation, where the dividends of peace can be felt by all communities and all citizens, he said.

    The CAR has been in civil war since 2012, which is being fought along religious and ethnic lines, primarily between Christian anti-Balaka militia and Muslim Seleka groups.
  9. CAR President Mentions Investment At World Investment Forum

    Highlights from article:

    October 24th 2018

    But stable regulatory and fiscal regimes are a precondition of attracting such investment, said leaders from Armenia, Botswana, Central African Republic and Lesotho

    Open for business

    Armen Sarkissian, President of the Republic of Armenia, said that his country had the most-advanced information technology sector in the countries of the former Soviet Union. It deserved to be “rediscovered” as a “core component” of the trade routes of the Silk Road, and had recently changed governments in a popular but peaceful revolution, he said. The country was a small but vital bridge between Eurasia and Europe and benefitted from its immense diaspora spread around the globe.

    Mokgweetsi E.K. Masisi, President of the Republic of Botswana, said the new industrial agenda presented challenges to developing countries such as his. Governments needed to attract investment into digital infrastructure by updating their policy and regulatory regimes, he said. The so-called “demographic dividend” of an increase in the number of young Africans was an opportunity to seize concerning the new industrial agenda, he said.

    With the proactive involvement of multilateral institutions, President Masisi said, “the attainment of the Sustainable Development Goals is not as far-fetched as we might imagine”.

    Faustin-Archange Touadéra, President of the Central African Republic, said the new industrial agenda was a technological agenda and one that was central to achieving the Sustainable Development Goals. Speaking on behalf of his country, he said that half of the citizens of the Central African Republic needed not just development aid but humanitarian aid, following a period of crisis.

    However, the Central African Republic was ripe for investment, particularly in agriculture and fisheries, thanks to a favourable climate and geography. Investors could help, for example, with the development of the Oubangui river to help build better connections to neighbouring economies, President Touadéra said.

    Motsoahae Thomas Thabane, Prime Minister of the Kingdom of Lesotho, said his country was “open for business” and enhancing its institutional and regulatory frameworks to make it easy to invest there.

    “As a landlocked country, investment is not an option but a must for sustainable economic growth,” he said.
  10. China calls for more int'l support for peace efforts in CAR

    Source:Xinhua Published: 2018/10/24 13:54:22

    A Chinese envoy on Tuesday called on the international community to continue to help the government of the Central African Republic (CAR) with its efforts to build peace and stability.

    The political process in the CAR has recently made progress while the security situation remains fragile. There are still challenges for the country to realize lasting peace and stability, said Wu Haitao, China's deputy permanent representative to the United Nations (UN).

    China calls on the international community to continue to support the efforts by the CAR government to enhance national capacity building, and assist the government's efforts to maintain security and stability, deal with humanitarian situation and crises, and resolve the root causes of the conflict, he told the UN Security Council.

    China urges parties in the CAR to put the interests of their country first and resolve their differences through dialogue and consultation, said Wu.
  11. Chinese Portfolios Need A 6% Allocation To Gold - WGC

    (Important to know since AXM(Axmin Inc) is majority owned by Chinese investors and NAI500 promotes to strictly Chinese investors). This is a huge benefit.

    (Kitco News) - Investors in China need to allocate up to 6% of their portfolios to gold, according to the World Gold Council (WGC), which sees the yellow metal as minimizing the negative effects of volatility.

    Chinese traders have had a tough year, with losses in both the equity and bond market spaces, said WGC Investment director Fred Yang.

    “China’s leading index, the CSI 300, has underperformed the MSCI World Index by around 20% since 1 January 2018. At the same time, the credit spread between AA+ corporate bonds and the quasi-sovereign China Development Bank bond has ballooned to more than 200bps, highlighting concerns about prospects for domestic companies,” Yang wrote in October’s Gold Investment report.

    The reasons behind poor performance include escalating trade tensions with the U.S., tightening Federal Reserve monetary policy as well as domestic deleveraging and tighter rules on shadow banking, the report said.

    “The situation puts China’s investors in a difficult position. Equity and bond futures markets do not provide effective hedging tools, as they are comparatively shallow and restricted. And currency weakness is a further problem, particularly for onshore investors,” Yang explained.

    In this kind of environment, gold might be the key to investors’ success, the report added.

    And the right amount to allocate to gold is between 3% and 6%, the WGC said citing a study done by asset management specialists New Frontier Advisors that used optimization simulation and incorporated data from major asset classes from January 2007 to December 2017.

    “The results were noteworthy, suggesting that the optimal allocation to gold increases from 3% to 6% as portfolios’ nominal target returns increase from 4% to 5.5%,” Yang wrote. “The analysis further shows that if a Chinese institutional investor makes a 6% allocation to gold it would reduce the volatility of its portfolio, increase the sharpe ratio from 0.46 to 0.54 and still keep the target return of 5%.”

    But this target has a much wider application as well and can be used by investors from across the world, the WGC pointed out.

    “Whether institutions are invested in US-, European- or UK-listed assets, research indicates that most well-balanced portfolios would benefit from a modest allocation to gold,” the report said. “Gold has a low correlation with other mainstream assets and boosts risk-adjusted returns. As such, it has the potential to be a rewarding asset for Chinese investors.”
  12. October has been a very active month for the Central African Republic(CAR for short). The government forces (FACA) are now starting to move ahead with reclaiming the country as the European Union, African Union, United Nations, Russia, Sudan, USA, France, and other powers help support them.

    The goal for Axmin Inc. is to get back to it's Passendro gold property which is just north of Bambari in an area called Ndassima. Exactly one month ago, the government announced that it was going to start sending troops to Bambari and start taking back the town, then likely push ahead North and secure Ndassima, thus giving Axmin the ability to go back. This has been six years in the making, but this is the closest the company has ever been to going back.

    Below are articles that summarize what has happened over the last month. As well, keep in mind that Teranga Gold(TGZ.T) will be announcing results on November 1st which will also include their usual quarterly royalty payment to Axmin Inc. There could also be a possible update as to the other targets being mined.

    Sept.28 - Central African Republic: Soon the deployment of FACA in Bambari
    - With Bambari secured, FACA can move north and secure Ndassima/Ippy/Passendro, giving AXM the ability to go back
    - Main area where AXM staff/equipment would be flown into

    Oct 8 - CAR government works & citizens returning to Bambari
    - FACA also mentioned, so this tells me the town of Bambari is currently getting back to normal after years of turmoil

    Oct 14 - UPC fighters weaponry taken away
    - So this is why the UPC pulled out of the October 23rd peace deal. FACA will not stand for armed guys walking around and will either take the weapons away, or take em out. UPC is the main rebel group that holds back Axmin from heading back to Passendro.

    October 16th - 30 killed over two months in Central African diamond hub
    - FPRC & UPC muslim extremists did this
    - Stronger signal for FACA to push ahead sooner

    October 23rd - Special Criminal Court In Central African Republic Conducts 1st Meeting
    - Established court system to try criminals will help bring justice back to the country

    October 23rd - Two CAR armed groups pull out of Khartoum peace process
    - The two armed groups that pulled out are the UPC and CDNS. UPC we know is due to FACA coming and taking back Bambari
    Key note: "(We deplore) the low-level political instrumentalization of the Khartoum Declaration of Entente of August 28th which has been diverted to the sole benefit of the deployment of the FACA (Central African Armed Forces), a revanchist army ready to return to a fratricidal armed struggle," said the UPC.

    October 24th - Central African Republic to begin disarming groups by year's end: UN envoy
    - Major breakthrough. Dealing with 8 groups rather than 14 will be easier

    October 27th - CAfrica rebels issue ultimatum to government officials

    October 27th - Central African Republic: Khartoum agreement still respected

    October 27th - Central African Republic: the President of the National Assembly dismissed

    October 28th - Moscow Denies Reports of CAR Rebel Ultimatum to Withdraw Russian Mil. Advisers

    Despite the apparent rumour that the rebels have told CAR representatives to leave, there is more support that this was fake news and things will proceed. FACA still needs to deal with the UPC, but they are much weaker now and have also had battles with the FPRC and Anti-Balaka over the last year.

    Note: Once Bambari is secured, CAR government forces and other support can move north and secure the Ndassima gold mining region, allowing Axmin to return to their gold deposit.

    Oct 31,2018


    The Force of the United Nations Multidimensional Integrated Stabilization Mission in the Central African Republic (MINUSCA) MINUSCA and the Central African Armed Forces (FACA) lead since Monday, October 29, 2018, joint patrols in Bambari, in the prefecture of Ouaka (center) . "Soldiers from both institutions patrolled Kidjigra, Lapago, Bbornou, Adji and Sangharis and the initiative was well received by the people. The commander of the FACA detachment visited the central market, which reopened four years later, and traded with merchants, "said MINUSCA spokesman Vladimir Monteiro.

    During the weekly press conference, the spokesman said that in addition to the extension of state authority, the gradual and coordinated deployment of the FACA and the Internal Security Forces (ISF) aims to contribute the protection of civilian populations. " In this sense, the Mission reiterates its support for the authorities and denounces the sporadic shooting by suspected armed individuals of the UPC" as these joint patrols began, he said, recalling the recent deployment of the FACA and joint operations with MINUSCA in other areas such as Paoua, Bangassou, Sibut or Obo.

    Similarly, the recruitment process for the 1,023 FACA recruits, which will take place from 5 to 14 November 2018, was discussed, in particular the technical, logistical and material support of MINUSCA, "in particular in the training of the recruitment and training teams. their deployment in the prefectures as well as in the area of awareness and communication. The spokesman also condemned the disruption, by about twenty elements of the FPRC, of an activity related to this process in the town hall of Ndélé, Bamingui-Bangoran prefecture. "MINUSCA has reinforced its patrols in the area while the Mission Police is investigating this incident," he said.

    The spokesman further recalled Security Council Resolution 2387 which "calls on the Central African authorities to implement the national security policy and the national strategy for security sector reform in order to build up defense forces. professional and ethnically representative and regionally balanced national and domestic security, including through the adoption and implementation of appropriate due diligence procedures, including respect for human rights, for all defense and security personnel, and measures to integrate elements of armed groups that meet rigorous selection and due diligence criteria. "

    The Community Violence Reduction Project (CVR) in Bangui and Bouar was also highlighted at the press conference. In the capital, the training of 785 beneficiaries began and will take place over a period of three months in various sectors including trade, carpentry, mechanics and livestock. In Bouar, the integrated DDR / UNOPS team carried out a weapons collection operation in the city of Bouar with the support of the Force, allowing the recovery of 1,191 hunting weapons, 447 cartridges of different calibres and 29 grenades, between other".

    For his part, MINUSCA Force spokesman Major Mohamed Ouabed said the security situation is generally calm throughout the country. "The MINUSCA Force, in collaboration with the Mission Police, the FACA and the Internal Security Forces, is continuing its efforts to strengthen the protection of the civilian population and to spare them any threat," the spokesman said. military word.

    For his part, the spokesman of the police component of MINUSCA, Captain Franck Gnapié, said that in Bria, several cases of death threats by armed groups were recorded in the IDP camps of the city. "The MINUSCA Police has put itself on alert and is increasing patrols in the city and especially in IDP camps to maintain calm." In addition, he said, "10 people who had been handed over to the MINUSCA police by the ISPs of the city were transferred to Bangui on October 23, 2018, to be handed over to the Central African judicial authorities. Four others had been released on the spot in Bria on instructions from the judicial authorities for lack of evidence ".
  14. Central African Republic Facebook Page Offers Up To Date Information On Progress In Country

    Click on the posts sections and you will find very up to date information. For Example, Bambari is now safer and has opened it's market place after four years of being shut down thanks to the UPC rebel group. They no longer exist in the town. As well, many large scale projects that do not have any articles available.

    Examples of recent posts (Keep in mind you will have to translate them from French to English via the Facebook translator). Bambari is the key town to be secured as Passendro/Ndassima are directly north and where Axmin Inc. has it's gold deposit.


    Centrafrique Debout

    October 28 at 9:28 AM

    Central African Republic: progress in construction of 5000 social housing on the road to mbaiki

    A contract of cfaf 98 billion (about $ 175 million) for the construction of 5 SOCIAL HOUSING UNITS IN THE CENTRAL AFRICAN
    Contacted by a team of reporters, the team leader of ngaliema said:
    " in the work that is mine, my team and I have found investors.", he said. Adding that " we sold our country's potential after 18 months of negotiations. A convention has been signed with the central African authorities, we are completing the studies. The total cost of this project is 98 billion francs ".

    According to reporters, the start of the work is planned to take place both in the capital bangui and in several other cities in the country.

    " initially, we needed 5 sites to enable us to make 1 dwellings per site. But the state's concern is to enlarge the city, which is why we planned two sites at bimbo, a site at pk 14 not far from where the university will be built. We have another site on the damara axis and a site in study to landja. In the end, we will try to put 4 000 dwellings around bangui and distribute the 1 000 in high concentration areas, particularly in bouar, Berbérati, bambari and give a new breath to a city like Bangassou.", he said.

    It should be noted that because of the armed tensions that have shaken the central African Republic, many houses have been destroyed causing thousands of homeless people So many people still live in makeshift camps.

    According to the central African authorities, housing needs have increased from about 500 dwellings before the crisis, to about one million today.


    Centrafrique Debout

    October 23 at 3:37 AM · Bangui, Central African Republic

    Illuminate Bambari! The City's enerca takes over the distribution of solar, digital and domestic energy. "the current is back"

    Bambari, 11 September 2018, to the surprise of the inhabitants of this city about 350 km from the central African Capital, domestic electricity is back.

    Once during the crisis, the city was the stronghold of UPC's violent extremist groups, transformed into the kingdom of the Nigerian-born terrorist ali darras who makes honey thanks to the ores minerals and the multiple illicit barriers erected on the axes.

    Being cornered by the special forces of the minusca and today with the presence of faca who broke the ankles of these sacristans, a few days ago when a network of these terrorists attempted to attack the city station , the replica has been severe, and ghosts have returned to their cogna, so bambari the star of the ouaka finds its tranquility with the return of the vector of growth that is domestic electricity that illuminates the whole locality.
  15. Newswire: RJDH-RCA: Armed Groups Confirm There Will Be No Withdrawal From Khartoum Agreements


    BANGUI, Central African Republic, November 1, 2018 /PRNewswire/ --

    'People's front for the revival of the CAR' and 'Union for peace in the CAR' have said that their organizations are not going to withdraw from the Khartoum agreement. Information on the termination of their participation in the agreement was published earlier in the media.

    The representative of the 'Union for peace in the CAR' Hassan Bubba, said that his organization is not going to withdraw from the Khartoum agreements: "I confirm that we remain within the framework of the agreements reached," - according to Ndjoni Sango ( ) Moreover, Bubba added that the 'Union for peace in the CAR' is going to take part in the next round of peace talks in Khartoum in mid-November.

    President of the National Defense and Security Council of the People's front for the revival of the CAR, Abdoulaye Hissen, also said that his organization will continue to comply with the agreements reached: "The Khartoum agreements are not in doubt," - according to Africa daily voice (

    Earlier, the African media published reports on the withdrawal of armed groups from the Khartoum peace agreement, which was signed on August 28, 2018. These reports appeared in the media amid the dismissal of the Chairman of the national Assembly of the CAR, who left his post on October 26, 2018. For his resignation voted 98 deputies out of 140.

    Created in December 2010, the Network of journalists for human Rights in the Central African Republic (RJDH-RCA) works with community radios in the country. Every day, the coordination of the network exchanges information with radio stations on Human Rights and humanitarian intervention. With the support of our partner, INTERNEWS CENTRAFRICAINE, we share the idea that information is a humanitarian intervention. Because we believe that an informed population can prevent conflicts and improve its living conditions in peace. In short, we believe that reliable information can help save lives.

  16. French foreign affairs minister visits Bangui

    Philemon Mbale NSONGAN 4 hours ago

    French Foreign Affairs Minister Jean-Yves Le Drian made a brief stop in Bangui, Central African Republic, capital. A place the minister had not been to since France pulled out its military in October 2016.

    The trip comes at a time when the Russian presence is increasingly felt in Central Africa.
    On an official note, the visit is to emphasize French commitment to the Central African Republic and French desires to pursue and strengthen its involvement around the continent.

    Louis Magloire Keumayou, President of the African information club shared his views

    "The Central African Republic currently needs partners, I think it cannot do without partners and a historical partner like France must keep and hold its place."

    “The Central African Republic currently needs partners, I think it cannot do without partners and a historical partner like France must keep and hold its place. It has simply slowed things in recent years, which has led other partners to take over, notably Russia. And so if it wants to regain its place in both the defence and security of the Central African Republic, it is up to France to make efforts because its front row seat on the African continent is greatly been challenged, I think that is what French diplomacy has understood and is now trying to correct in terms of influence on the Central African Republic.”

    After pulling out soldiers in 2016, France continues to support and accompany the elected authorities in the African state and appreciates their efforts to stabilize and develop the country in a sustainable manner. It is one of the greatest contributors to the financing of the Central African Republic’s development.
  17. France promises money, guns for Central African Republic

    2nd November 2018, [​IMG] 0 comments

    France will give the Central African Republic, its restive former colony, aid of 24 million euros ($27.4 million) and weapons, Foreign Minister Jean-Yves Le Drian announced on Friday.

    "France wishes to continue its historical partnership with the Central African Republic," the minister told journalists in Bangui after meeting President Faustin-Archange Touadera.

    Le Drian signed aid agreements worth 24 million euros in 2018 for the payment of salaries and pension arrears, to develop regions near neighbour Cameroon affected by massive population displacements, and build bridges to open access to parts of the country.

    He also announced that France would "soon deliver arms" to Bangui -- specifically 1,400 assault rifles for the Central African Armed Forces (FACA) established after independence in 1960.

    "We are doing this within the strict, respectful, and transparent framework of the United Nations, in total transparency concerning the origin, the routing, and the delivery" of the arms, said Le Drian.

    One of the world's poorest and most unstable countries despite vast mineral riches, the CAR spiralled into bloodshed after longtime leader Francois Bozize was overthrown in 2013 by a mainly Muslim rebel alliance called the Seleka.

    That same year, the UN Security Council imposed an arms embargo on the country. The ban remains in place, except for weapons provided to the security forces with special pre-approval by a sanctions committee.

    Last year, this committee gave the green light for Russia to supply weapons to the national forces.

    But in June this year, France, Britain, and the United States blocked a request from Bangui for UN approval of Chinese weapons deliveries.

    CAR Foreign Minister Charles Armel Doubane said Friday it "was time that France decided to make these assault rifles available to FACA within the strict framework of international commitments."`

    The government controls only a small part of the country, with vast areas under the control of armed groups vying for power and resources.

    Thousands of people have died, 700,000 been internally displaced and another 570,000 have fled abroad as a result.

    The African Union launched a UN-backed mediation effort in July 2017.

    On the eve of Le Drian's visit, clashes between armed groups in Batangafo in the north forced more than 10,000 people to take refuge in the local hospital, according to Doctors Without Borders.

    © 2018 AFP
  18. Central African Republic: Blue Helmets and Government Forces Remove Rebel Fence in Bambari City

    BANGUI, November 2 (Xinhua) - UN peacekeepers from the UN Mission in the Central African Republic (Minusca) and Central African Armed Forces (FACA) soldiers stationed in the Central African city of Bambari (center) decided on Friday to open the doors in the northeast neighborhoods of the locality, by dismantling barricades erected by the elements of the rebel movement "Union for Peace in Central Africa" (UPC) chief Ali Darassa, learned Xinhua Friday from local sources.

    This dismantling of the barricades, the source said, was accompanied by intensive shooting of heavy and automatic weapons from the middle of the day, giving the impression of clashes between the joint FACB-Blue Patrol and rebel elements.

    Not wanting joint patrols of peacekeepers and FACA in the town of Bambari, especially in the northeastern neighborhoods, UPC rebel elements erected barricades on almost every roadway in their neighborhoods in an attempt to adversely affect the free movement of people and goods, but above all the mobility of these patrols.

    Last Wednesday, joint force patrols resulted in a confrontation that triggered the use of heavy, automatic weapons to repel the attackers.

    However, Bambari was chosen as a pilot city "without weapons and without armed groups" by the government where there was a strong presence of rebel elements.

    The unrest for the time, according to another local source, would have a link with the dismissal of the Speaker of the National Assembly Abdou Karim Meckassoua. Taking advantage of this internal crisis in the National Assembly, rebel groups are trying to do everything possible to boycott World Food Day (WYD), scheduled to be held in Bambari from 15 to 17 November. End

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