Tag: Mining
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Chinese Stakeholders in the DR Congo Go On the Offensive in a Bid To Change the Narrative
Chinese mining interests in the DR Congo are now pushing back aggressively against the perception that they are unfairly exploit Congo's natural resources through unfair contracts, avoiding taxes, and not fulfilling corporate social responsibility commitments. The companies, many of which are ...
There’s a Lot More Discussion on WeChat About What Chinese Mining Companies Need to Do to Comply With DRC Law
The steadily rising pressure on Chinese mining companies operating in the Democratic Republic of Congo is prompting some very lively discussions on the Chinese social media network WeChat. The discussions focus on giving legal guidance on what Chinese companies need to do to better comply with local ...
The Documentary at the Center of Mounting Congolese Frustration Towards Chinese Mining Companies
One of the key factors behind the recent escalation in tensions between local residents in the eastern DRC and Chinese mining companies can be attributed to the widely-seen investigative television report by Cameroonian journalist Alain Foka. The provocatively ...
China’s Most Aggressive Foreign Ministry Spokesman Delicately Brushes Back Criticisms of Chinese Mining Companies in the DRC
The DR Congo government's move to review some of the multi-billion Chinese mining contracts surfaced as a topic on Monday at the Foreign Ministry's regular press briefing in Beijing where the often outspoken, sharp-tongued spokesman Zhao Lijian delicately addressed the issue.
Pressure From the Government & IMF Mounting on Chinese Mining Companies in the DRC
DR Congo President Félix Tshisekedi is again turning up the pressure on Chinese mining companies with his drive to re-evaluate mining contracts that were negotiated under his predecessor's tenure. During a Council of Ministers meeting on Friday, ...
Hichilema Calls For Mining Policy Review But Stays Mum on the Chinese
Zambian President Hakainde Hichilema (photo) called for a review of the country's mining policies on Friday in his first address to parliament since he assumed office last month. But for now, he's not proposing a Congolese-style review of foreign ...
China and the High Stakes Showdown in the DR Congo
Chinese mining bosses for years played the game as everyone else in the DR Congo. Money pretty much solved every problem. Need a permit? Pay some money. Get in trouble with the law? Pay some money. Under-counting cobalt reserves? Pay some money.
The Global Marketplace Versus the Global South
This week The Guardian carried two articles about China’s growing influence in the Pacific Island region. The first, under the headline “Pacific Plunder,” highlights how China imports more wood, fish, and minerals from Papua New Guinea, the Solomon Islands, Vanuatu, and elsewhere than any other major ...
This Chart Explains Why China is So Concerned About Events in Guinea
"The outcome of the coup attempt is unclear, but the political turmoil offers a test for this relatively new supply chain. Investors need to mull a range of possibilities, from a relatively peaceful power transfer in Conakry that preserves the bauxite status quo, to more disruptive scenarios ...
Guinea Coup Complicates China’s Desire to Wean Itself Off Australian Imports
So far, Guinean bauxite exports to China appear unaffected by last Sunday's coup and policymakers in Beijing are no doubt hoping it stays that way. They would like to avoid having to turn to Australia for further supplies of the critical metal used to manufacture aluminum.
Video Appears of 9 Chinese Miners Arrested For Illegally Mining in Congo’s Far Eastern Ituri Province
The far eastern province of Ituri is emerging as one of the major hubs of illegal Chinese mining in the DR Congo where an unknown number of Chinese migrants and companies are operating without permits. A
Why What Happens in Guinea Matters to China
Guinea may be small and far away, but what happens there is critically important to metals manufacturers in China who depend on key ingredients from this West African country to produce huge quantities of aluminum and, eventually, steel. BAUXITE: China relies ...