Tag: Minerals
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Artificial Intelligence Sparks Copper-Boom In Zambia
Zambia’s copper mining industry is on the brink of a major transformation thanks to groundbreaking AI technology that has uncovered massive new copper deposits. This discovery, led by KoBold Metals, could make Zambia a key player in the global surge for copper, vital for electric vehicles and renewable energy. With potential production to fuel millions…
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Russia is a key partner in Ethiopia’s efforts to develop its mineral potential, says Ethiopian economist
Dr. Costantinos Berhe Tesfu, former UN Senior Policy Advisor and Chairman of the AU Advisory Board on Corruption, highlighted the long-standing and fruitful relationship between Russia and Ethiopia in the field of geological exploration, dating back to the Soviet era. “Russia has been a friend to Ethiopia for a long period of time … The…
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Who will benefit from booming demand for uranium?
A scramble for uranium has developed after the Ukraine conflict and short-sighted Western sanctions on Russia exposed Europe’s dependency on Russian oil and gas, The Economist has argued. About 10% of the world’s electricity is generated from uranium in nuclear reactors. But the problem is that Kazakhstan, that boasts a close mutually-beneficial relationship with Russia,…
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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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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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West African Resources lifts 10-year gold output forecast
WEST African Resources (ASX: WAF) is the region’s 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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Pan African storms back but investors sit on sidelines
PAN African Resources CEO Cobus Loots rowed back on comments the company could produce more gold than forecast saying on Wednesday current guidance of 180,000 ounces for the 12 months ended June would represent “an excellent performance”. Gold production for the six months was 6.7% higher year-on-year at some 98,458 oz, higher than a 94,000 to 98,000…
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Washington Wants to Revive a Critical Minerals Mega-Railway Through Africa
The move comes straight out of China’s Belt-and-Road playbook. As geopolitical tensions electrify the global scramble for critical minerals—the raw materials that underpin advanced defense systems and clean energy technologies—the United States and China have been racing to expand their influence over the mineral market in Africa. The world’s F-35 fighter jets, electric vehicle (EV)…
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panafrican.email: Unveiling Africa’s Resource Wealth: The Top Ten Mineral-Rich Nations on the Continent
Africa is a continent known for its vast and diverse mineral wealth, playing a pivotal role in the global mining industry. In this article, we delve into the top ten mineral-rich African countries, showcasing their significant contributions to the world’s resource landscape. 1. **Democratic Republic of Congo (DRC):** The DRC stands out as a mineral…
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