September 28, 2023 Lucara Diamond ends HB Trading sale agreement The Canadian diamond miner cited a “material breach of financial commitments” by the Belgian manufacturer as the reason for the split.
September 27, 2023 Appian Capital Advisory appoints Head of Africa Khathutshelo ‘K2’ Mapasa is based in Johannesburg.
September 27, 2023 Europe lines up African minerals pacts to ease reliance on China The European Union is finalizing partnerships with the DRC and Zambia to boost local industries.
September 27, 2023 Glencore and Seriti weigh job cuts in South Africa due to ‘dire’ train situation Transnet has been hobbled by sabotage, cable theft and aging equipment.
September 27, 2023 Climate targets threatened by lack of mining investment: McKinsey Report reveals looming shortages of minerals key to the energy transition as low commodity prices cause investors and miners to cut spending.
September 26, 2023 Congo plans new copper-cobalt smelter to serve informal miners The project will be developed by privately held Congolese firm Buenassa Sarl and is expected to cost $350 million.
September 25, 2023 Graphic: Prices tumble for cobalt used for electric vehicle batteries Prices have plummeted due to an upsurge of supplies from Congo.
September 25, 2023 Gates, Bezos-backed KoBold Metals to build copper mine in Zambia within 10 years The California-based firm is spending about $150 million to speed up additional exploration at its Mingomba project.
September 22, 2023 Kodal Minerals lithium project in Mali unfazed by new law Mali's government has confirmed the firm's license to mine Bougouni will be “administered in accordance” with the terms of the previous law.
September 21, 2023 Fortuna Silver boosts presence in West Africa with Chesser buy Deal adds to Fourtuna’s portfolio the Diamba Sud project in Senegal, which is one of the newest gold discoveries in the region.
GRAPH: Cobalt price plunge and the EV market Cobalt prices have plummeted to their lowest level since 2016, as a deluge of supply overwhelms stagnating demand from the electric vehicle […] February 11, 2025 | 04:03 pm
China funnelled $57 billion to control critical mineral supply chain A network of at least 26 state-backed banks has helped Beijing tighten its grip on critical minerals over the past two decades. February 05, 2025 | 11:00 am
GRAPH: The mining and Nvidia solar system The Top 50 is now trading $480 billion below the peak hit in the second quarter of 2022 February 05, 2025 | 10:05 am
Silvercorp acquisition of Adventus hits roadblock Lawsuit challenging the environmental permit for the target company’s project in Ecuador emerges as bone of contention. July 10, 2024 | 12:13 pm