Canada’s Nutrien, created through the merger of Agrium and Potash Corporation of Saskatchewan, on Monday announced the sale of its 28% interest in Arab Potash (APC) to China’s SDIC Mining and Investment for $502-million. The sale followed last month’s auctioning of its remaining stake in Chile lithium miner SQM for nearly $1-billion as part of pledges to regulators which approved the merger earlier this year.
Aim-listed Galileo Resources will continue with a drilling programme at its 85%-owned Zambia-based Star Zinc project, after a positive study of the project was completed by Earthmaps Consulting.
Aim-listed nickel/copper explorer Amur Minerals has entered into a memorandum of cooperation (MoC) with global supply chain solutions expert GEFCO to address Amur’s rail and shipping transport requirements for project construction, operational supply support and saleable product delivery to the Asian markets – China, Japan and Korea. GEFCO will aid with Amur’s multimodal transport by rail, road, sea and air for construction and infrastructure projects; supply of mining operation equipment; domestic... Читать дальше...
Canadian miner RNC has completed the second phase of the sales process of its Beta Hunt gold and nickel mine, in Western Australia, with the selection of a preferred bidder. RNC has granted exclusivity to the bidder, which was not named, to allow for completion of the final phase of the sale process. The company expects the transaction to close in August.
Nickel miner Western Areas has delivered a solid fourth quarter during the three months to June, with the miner hitting its production targets in the full-year. Western Areas produced 6 381 t of nickel during the June quarter, up from the 6 236 t produced in the previous quarter, with full year production reaching 24 442 t.
ASX-listed Poseidon Nickel has appointed Robert Dennis as MD and CEO, effective from August 1. Dennis is currently a non-executive director of the company, and was formerly the COO before taking up a role as COO of Independence Group in 2014.
