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Vasile Frank Timis (Frank)

Date of Birth: 28/01/1963
Place of Birth: Borsa, Romania


Displaying 1-10 out of 28 results.

Deep sea intrigue

African Petroleum, the Norwegian-listed oil company founded by controversial resources magnate Vasile 'Frank' Timis, has lodged three separate court cases against the Gambian government after it cancelled licences to drill the A1 and A4 gas fields, citing a failure on African Petroleum's part to meet exploration commitments (AC Vol 58 No 16, No licence to drill)...


Skeletons in the cupboard

Given prosecutors' pursuit of Gertler, the string of lawsuits against Och-Ziff and a reported probe into the West African activities of the Romanian-born tycoon Frank Timis, market observers are wondering which other mining companies might be next on the hit list...


Drilling down

(AML), the company founded by Vasile Frank Timis which took Tonkolili into production in 2015...


No licence to drill

African Petroleum Corporation Limited, founded by Vasile 'Frank' Timis, risks losing its foothold in Gambia's growing oil and gas sector after failing to renew the exploration licences for its offshore assets...


Majors push out the minnows

Rapid manoeuvring by some of the world's largest oil producers to take advantage of Senegal's resource boom appears to have removed maverick businessman Vasile Frank Timis, the self-styled Emperor of West African resources, from the scene...

The deal effectively saw BP partnering with Frank Timis, who maintained a 30% interest in the blocks until last month's sale...


Timis takes shine off boom

The involvement of the maverick businessman Vasile Frank Timis in Senegal's oil industry and his cosy relationship with President Macky Sall's government has attracted renewed interest from international investigators and delayed a promised licensing round (AC Vol 57 No 14, Mercy and Machiavelli)...


Timis's seam of woe

Three legal and political disputes mark the end of a rare spell out of the limelight for Vasile Frank Timis since the collapse of African Minerals Limited (AML), his mining company that was publicly listed in Britain and focused on Sierra Leone...

Fight to redeem Frank's iron guarantee A US$75 million lawsuit brought in London against Vasile Frank Timis by the United States' commodities trading firm Gerald Metals has afforded a rare insight into the entrepreneur's complex financing arrangements and his use of collateral...


Iron Man

It later became Sierra Leone Diamond Company (SLDC), and received a US$12 million investment from Vasile 'Frank' Timis in 2004...


What price recovery?

Until March 2015, Tonkolili was 75% owned by Vasile Frank Timis's African Minerals Limited (AML), which went into receivership that month...

It is now owned by Timis Corporation, the outfit of Frank Timis, who bought it from administrators in October 2014...


Chinese inherit law suit

Frustrated by promised dates for restarting production being pushed back, President Ernest Bai Koroma, is putting pressure on SISG and the AML founder and former Chairman, Vasile Frank Timis, who now owns the Marampa iron-ore mine, to commit to a firm timetable...

Timis Corporation, the privately owned investment vehicle for Frank Timis, has been told that it must restart operations at Marampa or risk losing its mining licence (AC Vol 56 No 18, Timis under scrutiny)...


Displaying 1-10 out of 28 results.