African Potash seeks to create trading platform in Eastern and Southern Africa
The goal is to facilitate the mining, production and distribution of the fertilizer in Eastern and Southern Africa.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Lonmin shares collapse as Glencore completes stake divestment
The move may create a group of sellers that want to dispose of their holding, or it could open the door to a buyer, according to analysts.
Ghana urged to end child labour in gold mines
A rights group estimates that thousands of children as young as nine are working in the country's gold mines, violating international and local laws, as well as risking their lives.
U.S. coal miners owe over $62 million in health and safety violations fines
The top ten coal miners alone had combined unpaid fines of $18.3 million by the end of April.
Zambia sells stake in state-owned copper miner
The country's national pension fund has bought 15.9 million shares of Zambia's Consolidated Copper Mines-Investment Holdings for almost $80 million.
Investment in Canada’s oil sands to fall more than 30% this year
Meanwhile, the country’s overall oil production is expected to reach 5.3 million barrels a day by 2030, which is 1.1 million barrels per day lower than last year's expectations.
Gemfields shines on rare rubies find
The stock closed 4.17% higher in London Tuesday after the miner revealed the discovery of two rare matching rubies from its Montepuez mine in Mozambique.
South32 mulls writing down stake in South African manganese venture
It may reduce the value of its 60% stake in the Samancor Manganese joint venture, as it keeps furnaces shut due to low prices for the commodity.
Nat Rothschild ends five-year row by selling stake in Asia Coal Energy Ventures
The deal values the Indonesia-focused coal miner at more than $200 million.
Enbridge to pay $4 million over 2010 Kalamazoo oil spill in Michigan
The proposed sum is on top of the $75 million the firm agreed to pay to Michigan last month.
Wheaton lands $4.3B BHP silver stream, enters Australia
Major deals in Peru and Australia expand production reach and secure long-term precious metals supply streams.