Category: Mining and Business

In one of the world’s most unequal nations an acute shortage of skilled workers is restraining already tepid growth, limiting job creation and pushing some foreign investors to think about moving their money elsewhere. This skills shortage has been identified by the South African presidency as the second biggest impediment to economic growth, after crippling […]

Officially launched on 31 March, EGC – a new subsidiary of Gécamines – is intended to formalise and clean up a previously opaque artisanal mining sector. It will partner with Swiss commodities giant Trafigura, the US NGO Pact,

A AVZ Minerals said on Monday it had secured a $240 million funding from a private investment firm, jointly owned by Chinese battery maker CATL, to develop its lithium project in the Democratic Republic of Congo (DRC).

Although it does not yet produce lithium, the Democratic Republic of Congo looks set to become one of the world’s suppliers of this metal, classified as strategic by the Congolese authorities in 2018, by as early as 2022.

By Bloomberg Glencore Plc could reopen its Mutanda Mining copper and cobalt project in Democratic Republic of Congo by the end of 2021, about two years after idling the mine. Congo’s new mines minister, Antoinette N’Samba Kalambayi met with representatives from the Swiss company Monday to discuss the restart of the mine, which closed in […]

By BloomBerg News The Democratic Republic of Congo began reviewing a $6.2 billion minerals-for-infrastructure deal with China that’s faced growing criticism since President Felix Tshisekedi came to power almost three years ago. Congo’s council of ministers agreed to create a commission to investigate “major legal, technical and financial problems observed in the collaboration agreement” between […]