State-owned Gecamines clears final hurdle for Freeport and Lundin's blockbuster sale of one of Africa's largest copper mines.
Cobalt Mining News
New report says the underlying question for investors lies on the risk/reward balance — whether outstanding geology beats corruption and security issues.
Mines Minister Martin Kabwelulu said he “didn’t believe” the government needed to authorize changes in ownership in that or any project.
Fortune Minerals Limited is pleased to report that the Government of Canada, the Government of the Northwest Territories and the Tlicho Government have jointly announced federal funding for the construction of the Tlicho All-Season Road to the community of Whati.
How does your mobile phone last for 12 hours on just one charge?
The Swiss firm already has a 69% stake in the DRC mine, which jointly owns with Israeli mining tycoon Dan Gertler.
With only a couple of exceptions, metal and mineral prices rallied in 2016 – see at a glance how far the industry has come.
Two separate business groups focused on electronics supply chains have launched initiatives to try to stop children from mining cobalt in the DRC.
Congolese security forces accused of shooting civilians in the southern city of Lubumbashi.
Russian-Canadian Vera Kirikova will become human resources group executive while Simone Niven will assume the corporate relations group executive post.
Energy and Minerals chief executive Alan Davies said he would take the mining giant to court over his dismissal, adding there were “no grounds” for his termination.
Gecamines claims it has pre-emptive rights to buy the stake as owner of the country’s mining titles.
Israeli financier Dan Gertler's firm disputes report outlining purchase from Congo state-owned miner of royalty streams from Glencore-owned copper mines.
Company is said to have found out about the emails referring to a questionable $10.5m payment to a consultant over the Guinea project more than a year ago, not 'just' in August, as it claimed.
Canada’s Lundin, which owns 24% of Tenke, has finally agreed to sell its stake to a private equity firm from Asia’s richest nation.
Global Witness: Royalty stream from Glencore's KCC copper-cobalt operation transferred to offshore company controlled by Israeli billionaire Dan Gertler.
The world’s largest miner sees electric vehicles boosting copper demand.
The electric vehicle revolution will continue to reinforce the unquenchable demand for cobalt.
Last year, the country's cobalt production accounted for just over half of the world's output.
Och-Ziff’s partner in Congo paid $100 million in bribes to local authorities over a 10-year period to secure access to mining assets. Bloomberg quotes an anonymous source saying Dan Gertler is that partner.
Key violations in the Och-Ziff case came in mining and oil and gas deals associated with Israeli billionaire Dan Gertler and DRC president Joseph Kabila.
Toronto miner has first dibs on controlling share of Tenke Fungurume which if contemplated expansion goes ahead would catapult mine into global top 5.
Most of them have been after existing operations and companies, rather than trying to build mines from scratch.
Faced with declining domestic production, China's top copper company — Minmetals — said earlier this year that the "only solution” was going overseas, and many are following its steps.
Industrial metals are now all trading above their 100-day moving averages and most are no longer in backwardation.