First Independent Mena Newspaper
Africa will play a “huge role” in America’s critical mineral strategy, says US Deputy Treasury Secretary Wally Adeyemo who used his five-day trip to South Africa to express his country’s ambitions of securing metals needed for the global energy transition. Africa’s natural richness, which includes many so-called critical minerals, such as chromium, cobalt, copper, gold, […]
UK Critical Mineral Resources plc is expanding its operations in Morocco with the acquisition of four new exploration permits in the Rabat and Beni-Mellal regions, covering an area of approximately 80 km2. Three new permits comprise the Meseta Project, primarily prospective for copper. In a press release issued Wednesday, the Company said the Meseta project […]
The martial Court of the Democratic Republic of Congo is set to judge the commander of the 22nd military region of the Central African country for stealing 120 tons of copper cathode belonging to Tenke Fungurume Mining SA, one of the country’s largest copper and cobalt producers. The commander, who has not been named, has […]
A military court in the Democratic Republic of Congo, DRC, has sentenced three Chinese to death for the murder of another Chinese businessman residing in the mineral resources-rich town Kolwezi, the capital of Lualaba province. The ruling came Tuesday, Anadolu news agency reported. The court charged Wang Yon Xu, Cheng Zing Dan and Whang Hui […]
Angola, Zambia and Democratic Republic of Congo (DRC) have agreed to establish a new agency that will oversee the development and joint management of a trade corridor to and from the Atlantic Ocean port of Lobito, which could mean lost business for South African ports. The Lobito Corridor Management Institution will facilitate trade from Zambia […]
Zambia is hosting a two-day business summit in Lusaka this week to try to attract American investors to the country, in effort to diversify the economy and decrease dependence on extractive industries such as copper, according to Zambian officials. Moving away from dependence on extractive industries, which account for most of the country’s exports, is […]