Southern Africa’s railways are suddenly getting global attention and attracting billions of dollars in investment, with a race to secure copper supplies needed for the energy transition at its center.
From Angola on.
Zambia’s proposed minerals regulation law could deter investment and deliver a “fatal blow” to plans to raise yearly copper output to three-million tons, two mining bodies said on Wednesday.
Zambia, Africa’s second biggest.
Nigeria will only grant new mining licences to companies that present a plan on how minerals would be processed locally, under new guidelines being developed, a government spokesperson confirmed.
This signals a shift.
The United States is looking to Africa to help loosen a Chinese stranglehold on battery metals and reduce Russia’s influence over the market for other minerals, US Deputy Treasury Secretary Wally Adeyemo.
Debswana Diamond Company’s sales of rough diamonds fell 25.1% in 2023, data released by Botswana’s central bank late on Thursday showed, as an economic slowdown hit demand for luxury items in the.
Namibia’s government has ordered police to stop Xinfeng Investments from transporting lithium ore inside the country and from exporting it, accusing the Chinese miner of violating the country’s ban on critical raw.
The production of the London- and Johannesburg-listed Anglo American group increased by 9% in the three months to March 31 compared with the same period in 2022, driven by the ramp-up of.
It has emerged Kenya has immense underground wealth after a survey found that there are 970 minerals nationwide.
Diamond mining and marketing company Petra has sold $72.1-million worth of rough diamonds in its fourth tender cycle, which is 12.5% up on the third tender’s like-for-like prices and which is viewed.
The world must decarbonise its growth models and shift to renewable energy sources to meet the goals of the Paris Climate Agreement, the United Nations’ (UN’s) Sustainable Development Goals and Africa’s Agenda.
