Potash Corp of Saskatchewan (TSX:POT) has seen third quarter earnings plunge 22% due to a sharp decline in exports of the key fertilizer ingredient to China and India.
Chinese companies are seeking the wealth of mining opportunities that neighbouring Myanmar (ex-Burma) has to offer, as the country opens its economy to foreign investment after more than half a century of military ruling.
Canada-based Nautilus Minerals Inc. (TSX&LON:NUS) sank to fresh lows Wednesday in London, falling almost 5%, hit by the news of a Papua New Guinea’s landowners petition to the Government to cancel the firm’s seabed mining permit.
The global diamond industry has announced the establishment of World Diamond Mark, an international non-profit marketing organization funded under the initiative of mid-tier players.