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Zimbabwe’s new mining royalty rule: 50% commodities and 50% cash

Miners operating in Zimbabwe will have to pay some of their royalties in refined metal rather than cash, as the country will hold reserves of gold, diamonds, platinum and lithium, says President Emmerson Mnangagwa. Zimbabwe’s president said the new policy that compels miners to pay half of their royalties in commodities and half in cash […]

Soluna to Build its Own Wind Power Plant in Morocco

Soluna Technologies, Ltd. has unveiled plans to build its own wind farm power plant in Southern Morocco in one of the world’s windiest regions and combine it with the company’s private computing facilities to help power the blockchain in a more eco-friendly and sustainable way. The New York-based computing company, backed by Brookstone Partners, will […]

Egypt: Sissi endorses law, parliamentary elections to be held soon

President Sissi’s spokesman has announced that the president has signed into law the amended electoral law that provides for the number of constituencies in the country. The long-awaited parliamentary elections could soon be organized if the law is not challenged again. Since the Supreme Court declared in 2012 that the parliament’s lower chamber was unconstitutionally elected, Egypt […]