Category: Mining
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UN says Congo rebels generating $300,000 monthly in seized mining area
Rebels in eastern Democratic Republic of Congo have consolidated control over the Rubaya coltan-mining region, imposing a production tax estimated to generate around $300,000 in monthly revenue, the United Nations security council heard on Monday. The M23 movement, a Tutsi-led organization purportedly backed by Rwanda, seized the area, which produces minerals used in smartphones and…
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Four employees of Canadian miner Barrick Gold reportedly arrested in Mali for financial crimes
The four arrested are senior Malian employees of Barrick Gold, the world’s second-largest gold miner and one of Mali’s top gold producers, according to Western media citing multiple unanimous sources. The arrests, which reportedly took place on Wednesday, come amidst a broader shift in Mali’s mining policy, aimed at increasing state control over gold revenue.…
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Botswana licences its first manganese mining project
Botswana has awarded Giyani Metals a 15-year mining licence, the company announced on Wednesday, paving the way for it to become the country’s first battery-grade manganese producer. Manganese is a key component in batteries and its demand is expected to be driven by growth in electric vehicles, among other clean energy applications. Giyani’s Kgwakwe Hill…
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Lithium industry in Africa
Lithium industry in Africa: an expert on recent developments and future prospects Zimbabwe has taken the lead in sub-Saharan Africa’s lithium boom, according to the AmaranthCX network of experts. The alkali metal is a key component in modern batteries. According to Samir Bhattacharya, an associate fellow at the Observer Research Foundation, the southern African nation,…
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Liberia conditionally lifts shutdown order on China Union iron ore Bong Mines
Liberia conditionally lifted a shutdown order on China Union’s iron ore Bong Mines, the government said in a statement on Wednesday. The West African country’s Environmental Protection Agency (EPA) shut down operational activities on Aug. 28, saying the company had violated environmental regulations. The Liberian government said China Union had requested a temporary reprieve following…
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Indonesia seeks to strengthen economic ties with Zimbabwe, exploring opportunities for lithium mining in the country
During a bilateral meeting with Zimbabwe’s Vice President Kembo Mohadi on the sidelines of the Second Indonesia-Africa Forum, Indonesian President Joko Widodo also called for the establishment of a preferential trade agreement between the two countries and expressed Indonesia’s desire to invest in Zimbabwe’s pharmaceutical sector, envisioning it as a regional hub for exporting medicines…
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Ghana to launch ‘monster mines’ to boost gold production
Africa’s top gold producer Ghana will commission its first large-scale greenfield mine in more than a decade in November, with expected annual production of more than 350,000 ounces, the head of its mining sector regulator said. Ghana, the world’s number two cocoa producer, has seen gold exploration slump over the past decade, limiting new projects…
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Burkina Faso’s Boungou and Wahgnion gold mines now belong to the government
UK-based gold producer Endeavour Mining and Lilium Mining, which is a subsidiary of Lilium Capital, created by US-Burkinabe billionaire Simon Tiemtore, have settled their legal dispute over the sale of two gold mines in Africa after several agreements were signed with Burkinabe Minister of Economy Aboubakar Nacanabo. The conflict began when Lilium acquired the mines…
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Zimbabwe reinstates ban on alluvial and riverbed mining
Alluvial mining extracts minerals from riverbeds and floodplains, while riverbed mining targets river channels. Both can harm the environment and pollute water. On Tuesday, the Zimbabwean government reimplemented its ban on alluvial and riverbed mining to combat environmental damage, media reported. Although the ban was initially declared in 2020, the practice has persisted in recent…
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Congo’s South Kivu governor lifts mining suspension in province
Democratic Republic of Congo has lifted a suspension of mining activities in the South Kivu province, with the exception of gold extraction, the region’s governor said in a statement on Thursday. Gold, tin ore cassiterite and hi-tech mineral coltan from the eastern province are mostly mined by so-called “artisanal” miners using rudimentary means. Congo’s gold…
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