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MINING

DRC Mining Politics 13/12/2022

Senior presidency official facilitated controversial Cominière share sale

A company belonging to the chief of staff of the president's security adviser played a key behind-the-scenes role in selling a state mining firm's stake in a joint venture to a Chinese firm. The financial watchdog has lambasted the transaction. [...]

ANGOLA DRC Infrastructure Mining Commodity traders Central Africa 29/11/2022

Trafigura and Vecturis get to work on relaunch of Kolwezi-Lobito rail freight corridor

The Swiss trading giant and its Belgian rail partner, which now hold the concession for operation of the line, are discussing with mining and logistics groups, as well as shipping companies. [...]

The New Guard AFRICA Mining Politics Business 23/11/2022

IVORY COAST - Myriam Carius, the lawyer betting on Ivory Coast's subsoil potential.
KENYA - Fred Ogola, Odinga's strategist with constitutional ambitions.
SOUTH AFRICA - Trudi Makhaya, Cyril Ramaphosa's economic adviser.
SOMALILAND - Adan Abbey, instrumental insurer.

LIBERIA Mining 31/10/2022

George Weah refines his new mining strategy

The Liberian president has asked his ministers and advisers to renegotiate terms and conditions with mining operators who are suspected of not paying their fair dues to the state. At the same time, the government is considering setting up a state-owned mining company. [...]

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MADAGASCAR MOZAMBIQUE Mining 30/09/2022

Rio Tinto plays Maputo off against Antananarivo

As Antananarivo seeks to maximise its tax revenues from QMM, the ilmenite production arm of Rio Tinto, the mining giant is preparing to get its Mutamba project in Mozambique off the ground. It is a signal to the Madagascan authorities that it has an alternative, should the tax negotiations fall through. [...]

ZIMBABWE Mining 01/09/2022

Simisani Kupe-Jonathan Harris alliance shakes up Bulawayo gold sector

In the historic heartland of Zimbabwean gold production, which is dominated by artisanal producers' unions, the new partnership between Zimbabwe's Techshed Investments and Canada's Pambili Natural Resources seeks to position the firms as leaders and to unite local producers. [...]

GUINEA Mining 13/07/2022

Ismael Diakité spearheads negotiations for Winning Consortium Simandou

The former Rio Tinto exec and current chairman of the Chamber of Mines, who is also the deputy managing director of the Chinese-Singaporean-Guinean consortium, has been leading the negotiations on the Simandou iron ore project. [...]

ANGOLA Mining 14/06/2022

Angolan lithium in the limelight

In recent years, the main energy transition metals that have been of interest to Angola's investors have been cobalt, nickel and copper. However, a listed junior is now targetting lithium, an essential metal for battery manufacturing, which is highly sought after on the African continent. [...]

MOZAMBIQUE Mining 13/05/2022

MRG Metals reignites uranium ambitions in Zambezia province

Maputo, seeking to profit from rising uranium prices, hopes that a new project involving Australia's MRG Metals, the first in Mozambique for almost a decade, will herald a new wave of investment in the nuclear fuel. [...]

SpotlightDRC Mining 26/04/2022

Several paths forward for giant Manono lithium project

Manono deposit's Australian operator, AVZ Minerals, says its future looks bright on this world-class lithium project but there are few uncertainties about its development. [...]

DRC Mining Commodity traders 02/03/2022

Trafigura execs in Lubumbashi to try to save Gécamines cobalt partnership

Representatives of the Swiss trading giant have travelled to Lubumbashi to talk to Gécamines' new management, where they hope to persuade the state-owned mining firm to continue its artisanal cobalt partnership with them. [...]

SOUTH AFRICA Mining 18/01/2022

Merafe Resources keen to add platinum to its portfolio

Merafe Resources is looking to move into the platinum sector, globally dominated by South African producers. This move comes on the back of the company's joint venture with Glencore, Merafe Ferrochrome and Mining, which is the world's largest producer of ferrochrome, a mineral needed to make stainless steel. [...]

ANGOLA Mining 08/12/2021

Botswana Diamonds eyes Angolan stones

South Africa's Vutomi Mining, a subsidiary of John Teeling's Botswana Diamonds, has created a new Angolan investment structure. This comes as international investors are making a comeback in the country. [...]

SENEGAL Mining 25/11/2021

Government to audit mining costs in bid to boost its revenues

The Senegalese government is planning to launch a call for tenders to evaluate the costs actually incurred by mining groups during exploration and exploitation phases, costs they can then recover. This is a way for the state to ensure that it is paid its dues as a co-shareholder in the mines. [...]

AFRICA NETHERLANDS Mining 28/10/2021

Prince Jaime de Bourbon-Parme adds lustre to China's image

To improve their reputation in the eyes of Western investors and partners, Chinese mining companies in Africa teamed up with a leading proponent of responsible mining, the Dutch prince Jaime de Bourbon-Parme, for a conference on ESG. [...]

IVORY COAST Mining 29/09/2021

Growing jihadist threat prompts Abidjan to target illicit funding from minerals

A guide aimed at reducing the risk of terrorist financing and money laundering via the mining sector is in the works, as the government steps up its counterterrorism efforts. [...]

An artisanal miner pans for gold at an unlicensed mine near the city of Doropo, Ivory Coast.

GUINEA Mining 08/09/2021

In the midst of coup, Monaco Resources shakes up bauxite mine leadership

A few days before the coup that ousted Alpha Condé, Monaco Resources's subsidiary Société des Bauxites de Guinée, which operates a bauxite mine in the country, decided to part with its managing director. [...]

BURUNDI Mining 19/08/2021

Adonis Pouroulis stopped in his tracks by local expert in rare-earths race with Beijing

Steve de Cliff Juru's findings led Burundi's president Evariste Ndayishimiye to call for a moratorium on mining and suspend permits held by Rainbow Rare Earths, chaired by Cyprus magnate Adonis Pouroulis. [...]

GUINEA Infrastructure Mining 01/07/2021

Conakry finds builder for southern bauxite export corridor

A subsidiary of the Emirati Ghantoot Group, which is in conflict with Monaco Resources in Guinea, has reached a deal with the national mining infrastructure agency ANAIM to develop routes to evacuate bauxite produced in southern and central regions. [...]

BOTSWANA Mining 22/06/2021

Dazzle of world's third largest diamond masks industry doldrums

Weighing in at a jaw-dropping 1,098 carats, the gemstone discovered by Debswana, a partnership between De Beers and Gaborone, made headlines the world over. But behind all the distracting sparkle, the business of diamonds is losing its shine. [...]

Botswana President Mokgweetsi Masisi, with the newly discovered 1000-carat diamond.

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Free Section

Senior presidency official facilitated controversial Cominière share sale

Trafigura and Vecturis get to work on relaunch of Kolwezi-Lobito rail freight corridor

IVORY COAST - Myriam Carius, the lawyer betting on Ivory Coast's subsoil potential.
KENYA - Fred Ogola, Odinga's strategist with constitutional ambitions.
SOUTH AFRICA - Trudi Makhaya, Cyril Ramaphosa's economic adviser.
SOMALILAND - Adan Abbey, instrumental insurer.

IVORY COAST - Myriam Carius, the lawyer betting on Ivory Coast's subsoil potential.

KENYA - Fred Ogola, Odinga's strategist with constitutional ambitions.

SOUTH AFRICA - Trudi Makhaya, Cyril Ramaphosa's economic adviser.

SOMALILAND - Adan Abbey, instrumental insurer.