DR-Congo Wants Mores Taxes as Apple and Tesla Hunt for Cobalt for a “Clean Future”

Our increasing reliance on rechargeable batteries is making the Democratic Republic of Congo reconsider how it values cobalt. Once a forgotten byproduct, the price of cobalt has tripled in the last two years and the world’s largest producer plans to profit off the demand. Lawmakers in the capital Kinshasa are currently considering increasing the royalty miners…

Zambia: Corruption, Creeping Authoritarianism and a Foreign Minister’s Resignation

Zambia’s foreign minister has announced his resignation in a scathing Facebook post, denouncing the country’s “path of insatiable greed and shame”. Henry Kalaba said his decision was prompted by the “swelling” levels of corruption “perpetrated by those who are expected to be the solution”. Analysts suspect the move is an attempt to pressure President Edgar…

Guinea Approves $2.8 billion Chinese Bauxite, Aluminum Investments

Guinea’s government has approved a more than $2.8 billion investment by Chinese company TBEA Co Ltd (SHA: 600089) in a new bauxite mine, an aluminum refinery and an aluminum smelter, the mines ministry said on Friday. Guinea has about a third of the world’s bauxite reserves but output has lagged, largely due to political instability.…

Post-Sanctions Sudan Dangles $10bn to Lure Back Investors: Will They Come?

    Post-Sanctions Sudan Dangles $10bn to Lure Back Investors: Will They Come? Post-Sanctions Sudan is hoping to entice investors to bring in about $10bn to the country, following the end of sanctions. The question is: Will they come? Sudan’s president is wanted for crimes against humanity, the economy has lost much of its oil…

What the South African Chamber of Mines Says About Mining Sector Will Surprise You

What the South African Chamber of Mines Says About Mining Sector Will Surprise You The South African Chamber of Mines (SACM) is not happy about the policy and regulatory environment of the mining industry and has ideas about what must be done. This understatement is clearly the message of its juts published report entitled  “What…