The Democratic Republic of Congo (DRC), the world’s top cobalt producer, has extended its export ban on the metal for an additional three months, intensifying its grip on a turbulent global market. The extension, announced Saturday (21 June) by the strategic minerals regulator ARECOMS, comes as prices remain depressed and cobalt stockpiles high. Originally imposed […]
Heavy gun shooting broke out Wednesday on the way to Tripoli airport between supporters of Benghazi Defense Brigades and forces loyal to warlord Ghneiwa, after Benghazians raised the flag of the Islamic State on a housing building. The shooting took place in the afternoon near Abu Sleem area, at unfinished housing blocks occupied by refugees […]
Allegations concerning the unauthorized appearance of local currency within the black market in Tripoli have been observed by the Central Bank of Libya’s media office. Circulating images, reportedly showing currency boxes within the Souq Al-Mushir area, have sparked widespread concern regarding possible breaches in the official distribution process. Assurances were issued by the Central Bank […]
