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Minbos finds a new spot for fertiliser plant

Minbos Resources has secured a site for its proposed Cabinda phosphate fertiliser plant in Angola. The Subantando site is located near the main highway between Cácata and Cabinda City, and has been zoned as an industrial area with the intent to move a number of...

Cannon urges shareholder acceptance of takeover offer

Junior Rox Resources said that it would accept a takeover offer for its 10% shareholding in fellow-listed Cannon Resources from Canada-based equity firm Kinterra Battery Metals Mining Fund subsidiary Kedalion Nickel. Cannon on Thursday urged its shareholders to accept...

Coal not to blame for electricity prices

The Minerals Council of Australia says renewables and gas, not coal, set the price in electricity market. The group was responding to news that the government planned to intervene and push down gas and coal prices temporarily, believing it was warranted by...