Allana Potash sold to Israel Chemicals for $137 million
The deal aims to speed up development of Allana’s promising Danakil potash project, in northeast Ethiopia.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
PetroChina wants to smoothly sail away from the oil sand business
The oil giant is “actively engaged” in talks to swap North American assets, mostly Canadian, with international oil companies.
Chinese miners keep digging for iron ore despite most losing money
The situation, industry officials said Friday, can’t continue for much longer.
Scepticism grows over North Korea’s massive rare earth discovery
Experts are raising questions about the legitimacy of North Korea's estimated reserves of rare earths, used from computers to cars and defense missiles.
Congo’s planned mining code changes ‘too risky’: miners
The country's Chamber of Mines says the new code would send the mining industry back by at least 10 years.
Glencore shutting down its West Wallsend coal mine in Australia
The firm said poor coal prices meant it would not make sense to extend the life of the mine.
JX, Mitsui Mining halt Caserones mine, to take a $421M write down
The company said the suspension of operation at the copper is momentary, as northern Chile is being hit by torrential rain and snow.
Energy regulator staff probed over handling of TransCanada safety violations
The Association of Professional Engineers and Geoscientists of Alberta (APEGA) probe centres on the alleged mishandling of claims of natural gas pipeline violations at TransCanada by engineers working for the energy regulator (NEB).
Australia’s regulator goes after Fortescue for demanding iron ore output cap
The competition watchdog did not welcome chairman Andrew “Twiggy” Forrest call for rivals Rio, BHP and Vale to agree to cap production.
This Easter bunny has diamond eyes. Oh, yes, and it costs $49K
It took a world-renowned master chocolatier, cocoa from Tanzania, two solitaire diamonds and some gold to create this extravagant and expensive chocolate Easter bunny.
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.