Africa & Middle East

Johannesburg based engineer and project delivery company DRA Global has commented that it is pleased and proud that its innovative process plant designs have assisted in the recovery of very large diamonds at the Karowe mine of Boteti Mining (Pty) Ltd, a 100% owned subsidiary of Lucara Diamond Corporation. Following…
We have said previously that Africa is the new land of opportunity for speculators and investors. Although there is no shortage of risks, the continent is home to vast amounts of resource wealth, the fastest growing class of millionaires, and even the world’s fastest growing city. The Chinese must agree…
The price of crude oil ($37.65) and iron ore ($38.80) dropped again and the globe's two most traded raw materials are now at levels prior to the word supercycle even entering the popular lexicon. Similarly precious metals and industrial continued to drift lower with bellwether copper exchanging hands barely above…
The price of crude oil ($37.65) and iron ore ($38.80) dropped again and the globe's two most traded raw materials are now at levels prior to the word supercycle even entering the popular lexicon. Similarly precious metals and industrial continued to drift lower with bellwether copper exchanging hands barely above…
Zinc recycler ZincOx has agreed to restructure its debts with partner Korea Zinc Company, the first stage of a refinancing that will include raising equity funds. Korea Zinc lent ZincOx US$57 million through offtake and development loans to build its first recycling plant in South Korea. This money was scheduled…
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