Copper

How Large Miners and States Stifle Local Capital and Innovation in DR Congo

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By Ben Radley and Sara Geenen | The Conversation Over the last few decades, African governments have removed restrictions on and privatised their mining industries, attracting significant foreign direct investment. As a result, the continent’s mining industry has become dominated by transnational corporations such as Glencore, AngloAmerican and Barrick Gold. Alongside these corporate giants, operating largely beyond the formal reach […]

Battery metals demand expected to rise in 2021

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By Simone Liedtke | Mining Weekly Financial risk management, solutions and insights company Fitch Solutions Country Risk and Industry Research (Fitch Solutions) expects the demand for key battery metals to rise in the coming year as renewable energy and technology adoption continue to pick up pace. The acceleration to a low-carbon economy in 2021 will bolster electric […]

Women Miners Association says women miners faced with economic challenges due to COVID-19

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By Samuel  Sukhnandan | Demerara Waves Women miners across Guyana are facing various livelihood and economic challenges as a result of the restrictions imposed due to the deadly coronavirus (COVID-19). This is according to the President of the Guyana Women Miners Organisation (GWMO) Urica Primus who told News Talk Radio 103.1 FM/Demerara Waves Online on […]

Copper blind-sided by the strength of Chinese recovery

By Andy Home | Reuters The copper price has recovered strongly from its COVID-19 collapse in March. London Metal Exchange (LME) copper is currently trading at $5,810, up 33% from its March 19 low of $4,371 and back to where it was before the deadly coronavirus knocked out global manufacturing activity and demand for industrial […]

Where is Covid-19 increasing the threat of illegal mining?

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By Matthew Hall | Mining Technology As mines worldwide temporarily close to suppress the spread of Covid-19, and the ongoing pandemic wreaks havoc on metal prices, the risk of illegal mining to mine operations and communities is increasing. We look at some of the countries where Covid-19 is exacerbating illegal mine activity. The Covid-19 pandemic […]

Expedite Mines and Minerals Amendment Bill – Zimbabwe

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By Silas Nkala | NewsDay STAKEHOLDERS from Matobo district in Matabeleland South province are appealing to government to accelerate the approval of the Mines and Minerals Amendment Bill, a key legislation hoped to bring sanity to the mining sector. The calls were made at the inception workshop for a programme on strengthening transparency and accountability […]

China is redrawing the global copper scrap map

By Andy Home | Reuters China’s war on “foreign garbage” continues apace. Less than three years after China told the World Trade Organization it was going to ban imports of “solid waste,” it is close to doing just that. Plastic imports have already stopped and the rest of the world is now trying to figure […]

IMF to Provide Credit to Congo as Growth and Reserves Falter

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By Michael J. Kavanagh | Bloomberg News Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Apple Podcast, Spotify or Pocket Cast. The International Monetary Fund and Democratic Republic of Congo agreed in principle to a new credit injection as the government faces slowing growth and declining foreign […]

ED condemns violence in artisanal mining – Zimbabwe

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The Herald | Zimbabwe President Mnangagwa yesterday condemned violence and lawlessness among artisanal miners, saying perpetrators of mining-related crimes will face the full wrath of the law. There have been numerous reports of violence among artisanal miners who invade mining claims while attacking competitors with machetes. Some have since been nicknamed “Mashurugwi” or “Vemabhemba” as […]

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