East African Mining News Unearthing Mining Opportunities in East Africa

ASX-listed Danakali is proceeding with Phase 2 of the engineering, procurement, construction and management (EPCM) at its Colluli potash project, in Eritrea. The Colluli project is 100% owned by the Colluli Mining Share Company (CMSC), a joint venture between Danakali and the Eritrean National Mining Corporation (Enamco). CMSC’s aim is …

The current Covid19-related economic challenges both locally and throughout the Africa starkly highlight the need for pan-African companies and governments to support African supply chains, and in so doing, to boost economic activity on the continent. This can be achieved by procuring the production of goods and services for infrastructure …

The COVID-19 outbreak presents significant challenges and is likely to have a materially negative impact on the global economy, in our view. We believe commodity prices could fall closer to trough levels in the near term and make significant cuts to mining companies’ earnings forecasts. We believe negative earnings momentum …