The headline word for 2017 will be 'inflation' and wealth preservation will continue to be a watchword for those looking to position themselves strategically… and by extension gold is well priced and positioned to benefit.
Southern Africa finds itself at the center of the offshore bulk sediment mining debate as international companies rush to strip mine phosphate deposits in coastal waters of South Africa and Namibia.
Higher ore recovery and price realization may help Vale generate $2.2 billion next year in free cash flow, Chief Executive Officer Murilo Ferreira said.
The agreement is EGME's second significant investment in the potash industry. In 2015, it acquired the exploration license for the Bada mine in Eritrea.