Category: Mining
Congo’s Cobalt Curbs Expose China’s Critical Metals Weak Spot
By Andy Home China's dominance of critical mineral supply chains is not as absolute as it may appear. Cobalt is a case in point. China accounted for ...
Djibouti Signs Minerals Deal with Chinese Company
The small East African country of Djibouti signed a $50 million deal with the Singapore-based Chinese company Tze Kuen for mineral exploration and extraction over the five-year period from 2026 to 2030. ...
China Slowdown Hits Rio Tinto Earnings Despite Revenue Gains
Mining giant Rio Tinto's net profit fell in 2025 as costs climbed and it took a hit from a slump in the Chinese economy, company results showed Thursday. The British-Australian firm said the results "demonstrate clear progress as we embed our ...
Congo Offers Tantalum Deposit Under M23 Control to U.S. in Minerals Pact, Document Shows
By Ange Kasongo and Maxwell Akalaare Adombila The Democratic Republic of Congo added the rebel-held Rubaya coltan mine, one of the world's richest tantalum deposits, to a shortlist of strategic assets it is offering to the U.S. under a ...
Contract Worker Dies at Rio Tinto’s Simandou Iron Ore Mine in Guinea
A contract worker died following an incident at Rio Tinto's SimFer mine at the Simandou iron ore project in Guinea, the world's largest producer of iron ore said late on Sunday, without providing further details. The miner said work had been suspended ...
Looking Beyond “Useful Africa” at the Mining Indaba
With U.S.-South Africa ties in the deep freeze, it was notable to see the sheer size of the U.S. delegation sent to this week’s Mining Indaba in Cape Town – one of the most prominent industry gatherings and one of the few where the Global South ...
Can Africa Win as the West and China Scramble for Minerals?
By Clyde Russell Two multi-billion-dollar rail projects in Africa. One headed west, the other east. One backed by Western countries, the other by China. Both are aiming to ship vast quantities of critical minerals. Welcome to the new scramble for Africa. ...
Nickel Gains After Indonesia Cuts Quota for World’s Biggest Nickel Mine
Nickel climbed on Thursday, after Indonesia sharply cut this year's mining quota for PT Weda Bay Nickel, the world's biggest mine for the critical mineral. The most-active nickel contract on the Shanghai Futures Exchange SNIcv1 climbed 2.49% to 140,570 yuan ($20,366.86) a metric ton as of 0250 GMT. The Shanghai contract surged ...
Congo Says It Would Seek Other Partners if U.S. Minerals Framework Fails
The Democratic Republic of Congo will look for other partners if its minerals cooperation framework with the U.S. does not lead to concrete projects, the country's mines minister said. "Everything we have done with America is a framework under which we will discuss ...
China’s Zijin to Launch Congo’s First Lithium Output in June From Disputed Manono Deposit
China’s Zijin Mining will initiate Congo’s first lithium output in June from the disputed Manono deposit and move immediately to exports, the company and state miner Cominiere said, marking a major step in Beijing’s push to secure more critical minerals in Africa. Zijin ...
China’s Zijin to Launch Congo’s First Lithium Output in June From Disputed Manono Deposit
By Maxwell Akalaare Adombila China’s Zijin Mining will initiate Congo’s first lithium output in June from the disputed Manono deposit and move immediately to exports, the company and state miner Cominiere said, marking a major step in Beijing’s push to secure ...
The China Factor Missing From the Headlines at This Year’s African Mining Indaba
The mining industry’s most important annual gathering is underway this week in Cape Town, South Africa, where corporate and government elites are convening for what is typically a routine, largely unremarkable business conference. This year is a little different.