Category: Mining
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Ero Copper’s Tucumã project set for production in early Q3
Ero Copper’s (TSX: ERO, NYSE: ERO) Tucumã project in Pará, Brazil, is on track for production next month after the company obtained its operational licence, the last remaining permitting milestone for commercial production. Physical completion of the mine is at approximately 99%, with commissioning well advanced and over 90% of the operational staff hired and…
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Lucapa finds Angola mine’s second-largest diamond
Australia’s Lucapa Diamond (ASX: LOM) has unearthed a 235-carat type IIa diamond from its prolific Lulo mine, the second-largest recovered at the Angola operation since it opened in 2015. The find comes barely a week after the recovery of a 208-carat diamond at the same mine, which is the third-largest ever recovered from Lulo. The new diamond was dug up from Mining Block…
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Illicit Mining Continues in Gbarpolu County Under Armed Protection
Despite explicit orders from the Ministry of Mines and Energy (MME) to cease operations, Gao Feng, the infamous Chinese miner also known as Barry, continues to engage in large-scale illicit mining activities in Gbarpolu County–even enjoying the protection of armed police officers. This troubling development raises serious questions about the source of his apparent impunity…
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“Taking more and leaving less”: expert on how the west facilitates illegal mining in Africa
🌍 When African countries want to review their mining codes to get more benefits for themselves, the West and the World Bank in particular try to oppose it and promote systems that allow their companies to exploit the resources of African nations, Dr. Alex Mvuka Ntung, an independent research consultant who specializes in the Great…
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Critical Minerals in Africa: Strengthening Security, Supporting Development, and Reducing Conflict amid Geopolitical Competition
The United States Institute of Peace convened a senior study group to explore the role Africa plays in the United States’ efforts to diversify US critical mineral supply chains and how new investment in partnerships with African countries could help drive economic development and strengthen peace and security on the African continent. Based on meetings and interviews…
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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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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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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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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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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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