Whinnen Resources Limited (Whinnen, the Company) (ASX: WWW.AX) is pleased to announce that it has entered into a conditional agreement to acquire 85% of the Fongo Tongo Bauxite Project in the Republic of Cameroon in Africa, for a total consideration of US$8 million.
Payment will comprise US$4 million cash and US$4 million in shares, and will [...]

Chinese President Hu Jintao on Saturday was bringing his eight-nation African tour to Zambia, a copper-rich country where China’s growing clout has prompted charges of exploitation and emerged as a volatile political issue.
Huge photos of Hu and Zambian President Levy Mwanawasa greeted motorists on Lusaka’s main roads in preparation for the tightly orchestrated three-day visit, [...]