Nigerian miners advocate domestic processing of minerals to drive improved GDP contribution
Businessam StaffFebruary 27, 2019
By Adesola Afolabi and Afolabi Oluwaseun Shehu Sanni, president, Miners Association of Nigeria has advised domestic investors
Russia’s Rusal is in talks to resume reinsurance with Western companies
Businessam StaffFebruary 18, 2019
Russia’s Rusal, the world’s second-largest aluminum producer, is in talks to resume reinsuring its risks with Western companies after
South African gold output plunges most in six years in December
Businessam StaffFebruary 14, 2019
Production of gold by South African mines retreated the most in six years in December as a strike at the nation’s top producer of the
World’s top cocoa grower is said to shift to direct sales from auctions
Businessam StaffFebruary 12, 2019
Ivory Coast is moving away from a cocoa-auction system in favor of direct sales to traders, bringing the marketing process in the
Rusal shares soar, aluminum falls as U.S. lifts sanctions
Businessam StaffJanuary 28, 2019
U.S. President Donald Trump’s administration on Sunday lifted sanctions on the core empire of Russian tycoon Oleg Deripaska, including
U.S. copper projects gain steam thanks to electric vehicle trend
Businessam StaffJanuary 24, 2019
Once seen as a laggard in the global mining industry, U.S. copper deposits have quietly drawn more than $1.1 billion in investments
550,000 rice farmers to get soft CBN loans as ‘compensation’ following 2018 floods
Businessam StaffJanuary 15, 2019
The Rice Farmers Association of Nigeria (RIFAN) said the Central Bank of Nigeria (CBN) has approved compensation via loans for over
Newmont to become largest gold producer with $10 billion Goldcorp buy
Businessam StaffJanuary 14, 2019
Newmont Mining Corp said on Monday it would buy smaller rival Goldcorp Inc in a deal worth $10 billion, creating the world’s biggest
Commodities exchange targets N4.3 b revenue in first year revenues in first year
Nse Anthony-UkoJanuary 11, 2019
All in now set for the Nigeria Commodity Exchange (NCX) to commence trading in agricultural commodities by next month, February 2019.
China to cut expansion of new iron and steel projects
Oyindamola AlamuJanuary 10, 2019
Oyindamola Alamu China will strictly ban the expansion of new iron and steel projects in 2019. Miao Wei, minister of industry and