Via Bloomberg, a report that an Omani firm has acquired shares in an Angolan diamond-mining venture: An Omani state-backed fund has acquired shares in Angola’s Catoca diamond-mining joint venture from Russia’s Alrosa PJSC. Maaden International Investment LLC’s stake purchase was announced by Mineral Resources Minister Diamantino Azevedo on Thursday. Alrosa, which held a 41% interest in the Catoca […]
Read more »Via Semafor, a look at how sanction busting occurs in the Strait of Hormuz: They move best at night, in a swarm. Twenty, maybe 25 small boats side-by-side. Up to 100 boats at a time: “Waterworld” without Kevin Costner. Simple speedboats, around six meters long, each with a powerful engine, traversing the fabled Strait of […]
Read more »Via Finance Colombia, an article on Colombia’s growing BRI ties with China: The Colombian government continues to enhance its commercial and industrial ties with China, as evidenced by the recent visit of Luis Carlos Reyes Hernández, Minister of Commerce, Industry, and Tourism, to Shanghai. The visit aimed to promote investment opportunities in areas such as […]
Read more »Via The Africa Report, an article on the race to exploit the fish?rich waters of Western Sahara: Lying in wait for several years, Beijing, which operates several fishing vessels in Morocco, is preparing to step up its game – much to the dismay of the European Union, whose Court of Justice has just annulled agreements […]
Read more »Via Brazil Energy Insight, a report on Suriname’s oil industry: Suriname, struggling with political unrest and a debt crisis, pins hopes on its oil sector after TotalEnergies delayed the billion-dollar final investment decision for Block 58. Latest appraisal drilling confirms that Block 58 could contain as much as 6.5 billion barrels of exploitable oil resources, […]
Read more »Via The Diplomat, a report on growing India- Kazakh cooperation in critical minerals: The critical minerals sector has attracted significant global attention, including from New Delhi and Astana. On November 4, India and Kazakhstan partnered to produce titanium slag, a critical mineral. Indian Rare Earths Limited (IREL) and Kazakhstan’s Ust-Kamenogorsk Titanium and Magnesium Plant (UKTMP) […]
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