Chinese Mining Firms in Eritrea to Face Growing Western Competition
A lot of raw materials are burried underground in Eritrea. However, weak political relations have so far deterred many Western mining companies from exploring it.
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A lot of raw materials are burried underground in Eritrea. However, weak political relations have so far deterred many Western mining companies from exploring it.
Danakali Limited (OTCMKTS:SBMSF – Get Rating) was down 14.3% during mid-day trading on Wednesday . The stock traded as low as $0.22 and last traded at $0.24. Approximately 14,000 shares were traded during mid-day trading, a decline of 44% from the average daily volume of 25,152 shares. The stock had previously closed at $0.28. Danakali […]
Reward Minerals Ltd (ASX:RWD) CEO Lorry Hughes has always been one for the outdoors. As a child, he would go prospecting with his father on weekends,...
Chinese SRBG have completed the acquisition of 50 percent stake in the Eritrea potash project at Colluli by paying first instalment of $105m.
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