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Algeria’s crude prices drop below production cost
Algeria’s crude oil, Saharan blend, dropped below production costs and is now sold at a loss at $11.72 per barrel boding ill for the country’s struggling finances. Oil prices have plunged across the globe due to shortage of demand as the lockdown reduced economic activity worldwide. Analysts expect oil prices to remain at their lowest […]
Critical Minerals: Canada’s Steadright upbeat over Morocco’s titanium project
Canadian Company, Steadright Critical Minerals, announced on Thursday that a MOU has been signed with the shareholders of NSM Capital, a Moroccan company, that controls 160 sq. km’s of contiguous mineral exploration licenses that contain highly prospective Titanium Dioxide (TiO2) which is classified as a Critical & Strategic Mineral in the U.S., Canada, Europe, and […]
Moroccan authorities catch 7 tons of cannabis on Mauritanian borders
Moroccan authorities foiled a smuggling attempt of 7 tons of cannabis resin (locally known as chira) as Morocco tightens grips of all sorts of trafficking on its southernmost border crossing of Guerguarate. The banned substance was concealed in a large truck bound to Sub-Saharan markets, the Moroccan police said in a statement. According […]



