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Category: Mining

DR Congo overtakes Peru on copper output, still behind on exports

🇨🇩🇵🇪 The Democratic Republic of the Congo overtook Peru as the world’s second largest copper producer in 2023, though it still lags the South American country in exports, official data from both nations show. Congo produced about 2.84 million tons of copper last year, the country’s central bank reported. Peru’s output was 2.76 million tons,…
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March 24, 2024
Exploiting Africa’s Resources: The Looting Machine

Africa remains a rich reservoir of natural wealth, encompassing rare earth minerals, metals, gold, and hydrocarbons. Despite this abundance, a significant portion of Africa’s populace resides in nations where oil, gas, and minerals hold pivotal economic roles. However, average incomes in these regions persistently lag behind the global average. Moreover, reliance on commodity exports often…
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March 23, 2024
Nigeria to Halt Issuance of Mining Licenses Without Local Value Addition Plans, Declares Minister of Solid Minerals Dele Alake

Minister of Solid Minerals, Dele Alake, has declared that Nigeria will cease issuing mining licenses unless applicants provide approved plans for local value addition. This directive encompasses resources such as lithium and particularly gold, emphasizing the necessity for processing within Nigeria to generate “greater value and benefit to local communities”. Additionally, Alake highlighted the importance…
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March 23, 2024
Zimbabwe mining boss arrested for fraud

The Zimbabwe Miners Federation (ZMF) president has been arrested for fraud after allegedly attempting to sell three mines she does not own. Police spokesperson Paul Nyathi told local media that Henrietta Rushwaya had been taken into police custody after receiving a complaint about mining transactions. Nyathi added that Rushwaya was “assisting police with investigations”. She…
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March 23, 2024
Now Breadwinners, Ex-Rebels in Liberia and Sierra Leone Work in Mines They Ran

SAND BEACH, River Cess – As a commander of the Small Boy Unit —a brigade of child-soldiers of the National Patriotic Front of Liberia — Emmanuel Gaye guarded civilians his adult commanders captured on a goldmine in River Cess. He monitored their movement and activities. Nearly 18 years after the war, the 36-year-old has returned…
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March 22, 2024
In Senegal, Dangote follows the phosphate vein

While in Dakar to be decorated by Macky Sall, Aliko Dangote announced an investment of one billion dollars in phosphate. A project considered for a time in Togo. Nigerian billionaire Aliko Dangote announced an investment of over $1 billion to develop a phosphate project in Senegal. The announcement came on Friday, February 2, following fruitful discussions…
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March 12, 2024
SRK Consulting makes director, partner appointments in South African operations

Global consultancy SRK Consulting has appointed partner and principal geologist (geotechnical) Robert Armstrong as a director in its South African consulting practice. Armstrong has been with the company since 2001, when he joined as a student geologist. He has been involved in geotechnical projects throughout Africa, as well as in Argentina, Peru, Russia, Serbia, Iran…
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March 6, 2024