Thakadu eyes Europe’s EVs as launches ultra-pure nickel
FOUR years after nickel moved into surplus, owing to massive new supply from Indonesia, prospects are beginning to look up. A deficit emerged in the nickel market during the…
Glencore joins US critical minerals reserve in $500m EXIM deal
THE US government has selected Glencore to help it build a strategic reserve of critical minerals in a development that deepens the Swiss miner’s relationship with Washington.…
Congo plans one-stop mining investment agency
THE Democratic Republic of Congo is setting up a centralised agency to fast-track major mining investments, said Reuters citing sources. The agency is part of reforms tied to its…
Illegal miners return to Eurasian Resources’ Congo cobalt site
ILLEGAL miners backed by armed men have again occupied part of a major cobalt project in the Democratic Republic of Congo, Bloomberg reported. Eurasian Resources Group (ERG) said…
Congo tightens grip on geological data
THE Democratic Republic of Congo plans to tighten state control over geological data used by mining companies, Reuters reported. The move could give the country greater sway over…
What resource nationalism means for Africa’s miners
Governments across Africa are seeking to assert greater control over their mineral wealth by rewriting mining codes, demanding larger equity stakes or greater local…
India, Zambia restart critical minerals talks
India has resumed talks with Zambia over potential investments in copper and other critical minerals as it looks overseas to secure raw materials for its growing economy, Reuters…
Congo copper corridor set for $1bn US boost
MOTA-Engil is set to sign a 30-year concession to rehabilitate and operate a key copper and cobalt railway in the Democratic Republic of Congo, according to Bloomberg. The…
For Sibanye-Stillwater, home is where the ore is
SIBANYE-Stillwater got its name as a result of offshore expansion, but following a damaging decline in metal prices that exposed its balance sheet, its new CEO is promising a…
Metals of war: why US Govt has weaponised mining
Eighteen mining companies went public in the past 12 months with one aim in common: an ambition to supply the US government’s defence industry. Assisted by US President Donald…
Glencore joins battle for Cuba-linked cobalt refiner
GLENCORE has entered the contest to recapitalise Sherritt International, pitting the mining giant against a family office with ties to Donald Trump for control of a Canadian…
Congo probes uranium in cobalt exports
THE Democratic Republic of Congo has opened an investigation into uranium contamination found in cobalt shipments amid mounting pressure over the amount of the radioactive…
US backs Madagascar rare earths project
THE US State Department has confirmed support for the Ampasindava rare earths development in Madagascar, part of a broader effort to reduce reliance on rivals – chiefly China –…
Congo pushes ahead with local ownership deadline
DEMOCRATIC Republic of Congo will begin enforcing a long-delayed rule requiring miners to hand over local ownership stakes from 31 July, Reuters quoted the mines ministry as…
Ebola curbs strain US-Congo minerals pact
US travel restrictions imposed over Congo’s Ebola outbreak are complicating a fledgling economic partnership between the two nations, said Bloomberg News, citing Congo’s foreign…
Zimbabwe’s only lithium plant lacks spare capacity
ZIMBABWE’S single operating lithium sulphate plant, run by a unit of China’s Zhejiang Huayou Cobalt, has no room to process material from rival producers just months before a ban…
Congo mining reform risks investor confidence, body warns
DEMOCRATIC Republic of Congo’s leading mining industry body has warned that proposed reforms to tighten state control over the sector could undermine investor confidence,…
Tshisekedi orders end to harsh mining tax raids
CONGOLESE President Felix Tshisekedi has told state revenue agencies to stop aggressive enforcement actions against mining companies, warning that heavy-handed measures risk…
China launches vehicle to steer overseas mining deals
CHINA has set up a new state-backed investment company to coordinate its overseas mining deals, as Beijing seeks tighter control over global mineral supply chains amid Western…
Congo tax raid hits Glencore copper unit
CONGOLESE tax authorities sealed the offices of Kamoto Copper Company, a Glencore-owned mining firm, in a deepening dispute over payments the state says it is owed, Bloomberg…