Category: Mining

With demand for the minerals and metals used to power electric vehicles far outstripping supply, China's largest mining companies are moving quickly to diversify their sourcing strategic resources including cobalt, nickel, lithium and rare earths among others. There's been a lot ...

An agency affiliated with the DR Congo government issued its most forceful denunciation to date of the Congo Hold-Up investigative report that detailed massive corruption related to the $6 billion 2008 Sicomines deal. John Omombo (photo), spokesman for the ...

A pair of blockbuster investigations have been published this month by separate organizations in France and the United States that detail how millions of dollars were illicitly siphoned out of the country by the former DR Congo president Joseph Kabila and his allies, including millions from Chinese ...

Chinese automakers smashed another monthly record for production and sales of electric vehicles in October. Car companies produced just under 400,000 vehicles last month, up 133% from the same time last year and almost 10% from September, according to new data from the Chinese ...

Chinese sources in the Democratic Republic of the Congo are challenging reports first published by human rights activist Géorges Kapiamba that Wang Haifang, a Chinese national, was sentenced to three months in jail and fined $500,000 for insulting the Minister of Mines Antoinette N'samba. ...

Chinese mining companies in the Democratic Republic of the Congo are responding to allegations they haven't fulfilled their obligation to build infrastructure in the country with an increasingly high profile PR effort on social media and in the DRC news media. ...

From Sierra Leone to the DR Congo and now Rwanda, videos of Chinese managers viciously beating local employees is becoming a trend, with new clips appearing on social media channels every few weeks. The ...

The Congolese government started its review of Chinese mining contracts trying to land a big fish, by launching a commission to investigate China Molybdenum's massive Tenke Fungurume (TFM) cobalt and copper mine in southern Lualaba Province. Now, the government ...

Congolese President Félix Tshisekedi is fulfilling the promise he made last May to investigate foreign mining contracts to ensure they are fair and equitable. While the President did not single out the Chinese specifically, they're no doubt going to be disproportionately impacted given their outsized role in ...

China Molybdenum Co. (aka China Moly), the world's second-largest copper and cobalt mining company, has denied reports that its contracts for the massive Tenke Fungurume Mine (TFM) in the Democratic Republic of the Congo are now under review by the government in Kinshasa. There is no "so-called investigation," 

DR Congo President Félix Tshisekedi is following through with his promise to review all foreign mining contracts, mostly with Chinese companies, to evaluate whether the deals that were struck during his predecessor's tenure are equitable.

The Sino-Congolese mining company Sicomines held a signing ceremony on Saturday for one of its largest community development initiatives in the joint venture's 14-year history. The company will spend almost $12 million to upgrade the infrastructure and provide development assistance to local communities around its ...