June 27, 2022

Kore Potash cuts Congo project costs by $520 million

Kore also reduced the construction period for its Kola potash project by six months to 40 months.

June 24, 2022

When you buy diamonds, think of Bucha, Ukraine envoy says

Ukraine has accused the Russian military of executing residents of Bucha, a town outside the capital Kyiv that Russian troops had occupied for several weeks.

June 24, 2022

Sibanye-Stillwater’s Montana mine to remain halted for 4-6 weeks

The Stillwater mine, which accounts for 60% of the company’s production in the US, may remain shut until August.

June 23, 2022

China backs Russia in opposing bid to redefine conflict diamonds

China agrees that the Ukraine issue falls outside the scope of the Kimberley Process.

June 23, 2022

One of world’s biggest cobalt mines is at stake in Congo fight

A top executive from state mining company Gecamines said that partner CMOC Group Ltd. owes $7.6 billion in overdue payments.

June 22, 2022

Congo administrator seizes bank accounts of CMOC cobalt mine, adviser says

An administrator appointed by a Congolese court to run the world's second-largest cobalt mine took control of the project's bank accounts after CMOC refused him access to the mine.

June 22, 2022

Zambians must benefit more from mining, minister says

"Going forward, I don't think there will be a mine where Zambia will own less than 20%," mines minister Paul Kabuswe said.

June 21, 2022

South Africa’s $8.5 billion climate pact may draw new partners

The Just Energy Transition Partnership was announced at the COP26 talks in Glasgow in November.

June 21, 2022

Glencore unit pleads guilty to bribery in Africa

Glencore Energy admitted to paying more than $28 million in bribes to secure preferential access to oil in five countries.

June 20, 2022

Eighth and last missing miner found dead in flooded Burkina Faso mine

The victims were six Burkina Faso nationals, one Tanzanian and one Zambian.