Category: Mining

Zimbabwe President Emmerson Mnangagwa along with VP Constantine Chiwenga and Mining Minister Winston Chitanda awarded three Chinese steel and mining companies with the country's inaugural Mining Excellence Awards last week at a ceremony at the Presidential Palace in Harare. The companies, Tsingshan Holdings ...

More information is coming to light about Tuesday's surprise announcement that the court case in the DR Congo against Chinese mining major China Molybdenum has been suspended. The Chinese company, also known as CMOC or China Moly, published an ...

In a surprising reversal, the office of Congolese Prime Minister Sama Lukonde issued a statement late Monday night that suspended all legal proceedings against mining giant China Molybdenum (China Moly) and paves the way for the company to regain control of the massive Tenke Fungurume (TFM) copper and ...

The lure of greater access to the DR Congo's vast copper and cobalt reserves is drawing more Chinese mining companies to expand their investments in the country. Mining giant Minmetals Resources on Monday announced a $600 million deal to expand copper and cobalt extraction from its Kinsevere ...

The massively popular New York Times podcast The Daily devoted an entire episode on Friday to the competition between the U.S. and China over access to the world's largest reserves of cobalt in the Democratic Republic of the Congo. ...

While African broadcasters frequently cover Africa-China relations on talk shows, it’s rare to see African reporters covering the issue on location in other African countries. So it was notable to see South Africa’s state broadcaster, SABC News, produce a report from ...

China's long-term ambition to reduce its dependence on Australian iron ore suffered a major setback late last week when Guinea's ruling junta ordered the immediate suspension of all activities at the massive Simandou mine. Interim President Mamady ...

New shipments of Guinean bauxite arrived in China's northeastern rustbelt zone of Shandong province last week, helping to ease supply constraints of the essential ingredient used to manufacture aluminum.  Guinea has emerged as a vital supplier to China ...

Sun Ruiwen, the powerful CEO of mining giant China Molybdnenum (aka China Moly) was back in Kinshasa this week for a low-profile visit with DR Congo Prime Minister Sama Lukonde. China Moly operates the Tenke Fungurume (TFM) mine, one ...

Authorities at the London Metal Exchange took the unprecedented move to halt trading in nickel on Tuesday after prices for the metal doubled to $100,000 a ton. The sharp upsurge came in response to concerns over supply disruptions in Russia, one of the world's largest ...

While foreign mining companies are benefiting from the Democratic Republic of Congo’s minerals, its people get nothing. So says Adolphe Muzito (photo), the DRC’s former prime minister under Joseph Kabila from 2008 to 2012, and now an opposition politician. “The partnership between DRC and China … my ...

A court in the Democratic Republic of Congo on Monday temporarily took away the control of the world’s second-biggest cobalt and copper mine from its Chinese owner. It appointed a temporary administrator to run the Tenke Fungurume mine for six months, sidelining the Chinese mining giant China ...