Tag Archives: JP Morgan

JP Morgan Becomes a Substantial Holder of Danakali Ltd

By Mining Journal,

JP Morgan is no stranger to Eritrea and already has an interest in Canada’s Nevsun Resources which operates Bisha, one of the few producing mines (copper-zinc) in the hugely under-developed East Africa country.

Two years ago, there were rumours QKR Corp, a mining fund headed by former JP Morgan banker Lloyd Pengilly, was close to making a bid for Nevsun, headquartered in Vancouver. Continue reading JP Morgan Becomes a Substantial Holder of Danakali Ltd