Africa will only capture meaningful economic value from rising global demand for critical minerals if it strengthens partnerships, improves infrastructure, ensures regulatory certainty and expands value-added industrial capacity.
This was the central message.
Angola’s rough diamond production reached 10.7-million carats in the nine months to September, a government official said on Friday, as the country targets another record haul this year.
The southwest African country produced.
Mali has revoked more than 90 mining exploration permits, including those held by subsidiaries of international mining companies, according to an official decree seen by Reuters.
Companies affected include local subsidiaries of Harmony.
Rebels occupying Twangiza Mining’s gold concession in eastern Democratic Republic of Congo (DRC) have looted at least 500 kg of bullion since May, the company told Reuters, accusing some of its own.
Botswana’s State-owned Okavango Diamond Company will start selling diamonds to contracted buyers next month, as it diversifies its sales channels under the government’s new deal with De Beers, MD Mmetla Masire said.
Botswana has enforced a new rule requiring mining companies to sell a 24% stake in new concessions to local investors if the government chooses not to buy the stake, its mines ministry.
Botswana didn’t sell any diamonds in an unprecedented ad-hoc auction as buyers refused to pay high enough prices, as the global industry continues to grapple with one of its deepest-ever crises.
State trader.
Democratic Republic of Congo President Felix Tshisekedi said on Monday that a US-mediated peace deal signed with Rwanda in June has not calmed fighting in eastern Congo, though he thanked President Donald.
Botswana’s president aims to complete a deal to take a majority stake in De Beers by the end of next month, even as his administration and other potential buyers continue negotiations with.
Maman Soki is among a small group of Congolese women undertaking heavy mining work for survival after escaping a deadly attack on her village by Islamic State-alligned rebels that killed her daughter.
