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Once-Promising Cobalt Mining Firm the U.S. Hoped Would Compete With China Struggles to Survive

Australia-based cobalt mining company Jervois Global was once hailed as Washington's answer to China's dominance in the critical resource mining sector but is struggling to survive after years of persistently low prices for the blue metal. Jervois' investors announced last week ...

Why the U.S. Shouldn’t Be Surprised About China’s Close Ties With DRC Mining Companies

U.S. officials in Washington and Kinshasa are apparently disappointed, according to a new investigation by the Paris-based Africa Intelligence, that they’ve failed to dislodge China from its dominance of the Congolese mining industry, particularly in strategically important metals like cobalt.

Update on the Chinese Cobalt Stand-off in the DR Congo

Tensions between Chinese mining China Moly and the Congolese state-owned mining Gécamines appear to be deteriorating further amid an ongoing stand-off over the massive TFM copper and cobalt mine in the southern DRC. Shipments have ...

China’s Minmetals Doubles Down on DRC Cobalt

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 U.S. President’s Son Involved in Controversy About a Chinese Mining Deal in the DR Congo

U.S. President Joe Biden's son, Hunter (photo), is once again at the center of a rapidly expanding controversy, this time about the sale of U.S. mining company Freeport-McMoRan's stake in the massive Tenke Fungurume copper and cobalt mine in the DR Congo to the Chinese mining giant China ...

Analysis from Cobus van Staden

BRICS Announces Numerous New Initiatives

The BRICS group wrapped up its two-day leaders’ summit in Rio de Janeiro on Monday. The summit’s final communique is a 16,000-word doorstop that covers numerous issues from economics to education.
The communique avoids any direct mention of the United States, and references to “unilateralism” and other coded criticism are also relatively scarce. Rather, the communique keeps the focus on the BRICS’ vision of the strengthening and reform of the global multilateral system ...