Category: Mining

The United States, along with partner countries in North America, Europe, and Asia unveiled a new Mineral Security Partnership (MSP) pact earlier this month that aims to challenge China's control of supply chains for critical resources like cobalt and rare earths.

Chinese cobalt prices fell about 13% from a peak in May as China’s ongoing COVID lockdowns hit demand for electric vehicles.  The dynamic reveals a gap between the Chinese domestic price for the metal and how that price is calculated globally. The ...

Who exactly is controlling the Democratic Republic of Congo’s Tenke Fungurume Mine (TFM), one of the largest copper and cobalt mines in the world, remains a mystery. Officially, the Chinese mining giant China Molybdenum (CMOC) is in a partnership with the DRC’s state-owned mining company Gécamines ...

Like an inquisitor against a backdrop of anti-Chinese criticism, former U.S. Undersecretary of State for Africa Tibor Nagy posted a tweet questioning China's role in the African mining sector: https://twitter.com/TiborPNagyJr/status/1533171803719450625 ...

A new half a billion-dollar mining project in Eritrea reaffirms China's reputation for investing in countries that others find too risky. China's ambassador to Asmara, Cai Ge, led a groundbreaking ceremony last week for new copper, zinc, and ore mine in ...

A meeting last week between a pair of senior Chinese executives and the DR Congo's Industry Minister, Julien Paluku, hints that the government is moving to expand domestic processing of raw materials used to manufacture electric vehicle batteries. Paluku met ...

The United States doesn’t want to force countries to choose between it and China, as long as Chinese investments follow “the highest standards,” according to US Under Secretary for Economic Growth, Energy and the Environment Jose W Fernandez. While he focused on environmental and labor concerns, ...

In this Lightning Round edition of the show, CAP Managing Editor Cobus van Staden and CAP Francophone Editor Geraud Neema break down three of the week's big stories. First, Cobus explains why African leaders would ...

Two mining majors, one from China and the other from Australia, are fighting a pitched battle over a 15% share of the massive Manono lithium mine in the southern Democratic Republic of the Congo. While normally such a small ownership stake is ...

A local chief in southern Ghana convened a press conference over the weekend to issue a public appeal for the government to do more to protect his community's land against illegal Chinese miners. Nana Gyamera Kwabena Yiakwah II claimed that Chinese ...

The Chinese state-owned steelmaker Sinosteel signed a $690 million deal to mine iron ore at southern Cameroon’s Lobe Mine. The deal is part of China’s ongoing attempts to lessen its dependence on Australian iron ore, as it also diversifies its sourcing away from other major suppliers, like Brazil.  ...

Ghana's worsening economic crisis is prompting concerns it will further erode the country's already weak environmental governance system that Chinese actors have profited from in the mining, fishing, and timber sectors. Meantime, local communities across the country suffer amid declining fish ...