Category: Minerals
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DR Congo overtakes Peru on copper output, still behind on exports
π¨π©π΅πͺ 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 βassisting police with investigationsβ. She…
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Now Breadwinners, Ex-Rebels in Liberia and Sierra Leone Work in Mines They Ran
SAND BEACH, River Cess β As a commander of the Small Boy Unit βa brigade of child-soldiers of the National Patriotic Front of Liberia β 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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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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An American Mercenary Resurfaces in the Democratic Republic of the Congo
The UN recently linked Erik Prince, the founder of Blackwater, to a shady mercenary deal in the Democratic Republic of the Congoβs war-torn North Kivu. The alleged deal, and others like it, hold great risk for the region. Erik Prince, the founder of Blackwater, has appeared in yet another UN report on sanctions violations, this time in the…
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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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West African Resources lifts 10-year gold output forecast
WEST African Resources (ASX: WAF) is the regionβs emerging mid-tier gold producer, targeting +400,000 oz pa production from 2025 from its Sanbrado Gold Operations and Kiaka Gold Project.increased its 10 year gold production outlook to 415,000 ounces annually with group annual gold output peaking at 473,000 oz in 2029. Unhedged resources were reported at 12.8…
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Weir Minerals: Leading by example in the pursuit of net zero
While its technological advancements are ensuring responsible and sustainable mining, Rajen Govender, MD Weir Minerals SA, points out that Weir Minerals is firmly committed to ensuring net zero in its own operations.
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