February 8, 2024

Congo artisanal cobalt monopoly can launch in months, CEO says

Entreprise Generale du Cobalt will soon launch pilot sites around the town of Kolwezi.

February 8, 2024

US to commit more funds to African rail link for metal exports

The United States will provide more funds for the construction of the Lobito Corridor.

February 8, 2024

‘Silver is the new gold’ as Egyptians try to protect savings

The price of one gram of silver more than doubled in a year but at about 47 Egyptian pounds, it remains far cheaper than gold.

February 7, 2024

Sun Peak set to resume work in Ethiopia’s conflict-ridden region, shares up

Its flagship copper-gold project has been put on hold since November 2020 after a civil war broke out in the Tigray Region.

February 7, 2024

Botswana sets aside $65m to buy 24% stake in gem trader HB Antwerp

The deal would value the Belgian company, founded in 2020, at $275 million.

February 7, 2024

Congo’s Gecamines and Entreprise Generale du Cobalt sign mining deal

Created by government decree in December 2019, EGC was granted a monopoly on artisanal cobalt produced in the country.

February 7, 2024

Cybertruck: Musk needs mines

Powered by Tesla’s own made-in-Texas batteries, the stainless steel Cybertruck carries a heavy load of nickel, cobalt, manganese, graphite and lithium.

February 7, 2024

China’s CMOC eyes further growth in Congo and beyond after taking cobalt crown

CMOC last year became the world's No. 1 cobalt mining company with production of some 55,000 tons.

February 7, 2024

Vedanta weighs sale of minority stake in Zambian copper assets

The company is talking to a range of financing partners to raise money for a restart of its Konkola Copper Mines unit.

February 7, 2024

Ivanhoe, Trafigura to be first users of Lobito Atlantic Railway Corridor

They will ship copper, cobalt and other critical minerals and metals from mines in the DRC to Angola’s port of Lobito via rail.