Does Brexit spell bad news for diamond traders?
The United Kingdom's exit from the European Union (EU) could have a direct effect on diamond producers in Africa. While [...]
The elections scheduled in 2017 to determine Congo-K president Joseph Kabila's successor are disrupting the country's economy. The unsettling climate is taking its toll on trading firms Glencore and Trafigura, who dominate copper and cobalt trading in Katanga. Trafigura settles its [...]
Mark Bristow, the boss of Randgold Resources, could shortly reign over Moto’s gold belt. According to sources in Kinshasa, Dan Gertler, the diamond tycoon and mining entrepreneur, a long-standing veteran of Congo’s industry, is worried over the drop in the [...]
In this enormous country where central power is weak, ethnic allegiance counts above everything, particularly in the mineral resources sector where the political and economic stakes are high. Whoever controls the copper, cobalt, diamond and cassiterite mines of this vast land controls the manna which will finance the presidential and provincial elections of the future and the military operations n [...]