Zambia hikes mining taxes in 2019 budget to rein in debt
Delivering a $7.1 billion budget in parliament, Margaret Mwanakatwe pledged to bring debt down and to trim the fiscal deficit to 6.5 percent of GDP in 2019.
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Chinese interested in buying Rio Tinto’s Namibian uranium mine
Talks between the miner and China National Nuclear Corporation were confirmed by the country's energy minister.
World Bank offers $1B for batteries in emerging markets
The World Bank Group expects its participation to attract another $4 billion in backing from investors as well as public and private funds.
Congo-owned Sokimo may hinder transfer of Kibali mine to Barrick
The state miner warned it would "assert its rights" in Barrick Gold's acquisition of Rangold's stake in the Kibali mine, but did not provide details of its plans.
Tiberius tests its metals in crypto backed by copper, gold
The Swiss asset manager and commodities trader will use blockchain technology to account for trades and aims to offer investors the option to use its coin as a digital currency.
Albemarle eyes future as pure-play lithium market leader
Albemarle aims to eventually end its dependence on two smaller units to fund growth as global appetite surges for electric vehicles and consumer goods.
Auto industry entrepreneur and design icon Henrik Fisker joins First Cobalt Board of Directors
The addition of Mr. Fisker will allow First Cobalt to draw from his many talents as an EV pioneer, entrepreneur and successful OEM car designer.
Foreign-backed miner hopes to begin Chilean lithium project in 2020
The approval process for the necessary environmental permit for the initiative, which includes an investment of $527 million, began this month.
Chilean environmental authority approves largest desalination plant in Latin America
Trends Industrial's ENAPAC project will desalinate sea water for industrial clients in the Atacama desert and mining region in the north of the country.
