Market News

Sudan and Saudi Arabia on Tuesday have discussed exploration of mineral resources in the common area between the two countries in the Red Sea. In February 2012 the two nations launched the Atlantis II joint venture to exploit gold, silver, copper and other minerals from the bottom of the Red Sea. . . .

The Australian High Commission and Australia's Murdoch University have organized a policy workshop for experts in Nigeria's mining field, to foster growth and inclusiveness in the Nigerian mining sector.   The workshop which reported on the research outcomes of Nigeria's mining sector by Murd . . .

At the end of the second Growth and Transformation Plan (GTP II) (2016-2020) the Ministry of Mines is planning to garner three billion dollars a year from mineral and gas exports.   The leadership of the Ministry of Mines and employees of the ministry are deliberating on the second GTP at the . . .

Many study researches indicate that Ethiopia is endowed with various natural resources which exist on the surface and beneath the ground. Its flora and fauna, with rich biodiversity, on the one hand and its minerals that abound underground and which remained unexplored for ages have an immense poten . . .

Shares in African Potash (LON:AFPO) jumped Friday after the miner announced it has sealed a deal to sell 50,000 metric tonnes (MT) of its fertilizer product to a Zambian distributor in the Common Market for Eastern and Southern Africa (COMESA) for $500 a tonne. The stock was up 2.5% at 3.625p in . . .