martes, 17 de julio de 2018

Sirius Minerals soars after securing supply deal for Nigerian market

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Potash News Digest
Wednesday 18 July 2018
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Shares in Sirius Minerals (LON:SXX) were off to the races on Wednesday after it announced it had secured a major seven-year African supply deal.

The Competition Commission of India green-lighted the $4.1 billion deal reached in May between the Canadian potash giant and China's Tianqi Lithium.

Miners are turning to alternative sources of finance as the industry has struggled to woo back traditional financiers.

Danakali Limited said joining the London Stock Exchange would help it raise the cash it needs to fund development of the Colluli deposit in eritrea.

Bethune is the K+S Group's largest investment in North America to date. After officially opening in May of 2017, the mine became the first new solution potash mine in Saskatchewan in nearly 50 years.

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