Doing business in DRC: Questions about the controversial new mining code persist
The DRC holds half the world’s cobalt and vast copper deposits, in addition to some 1,100 other mineral resources as estimated by the World Bank.
The DRC holds half the world’s cobalt and vast copper deposits, in addition to some 1,100 other mineral resources as estimated by the World Bank.
Nicaragua Milling is taking a 10.4% stake in Condor Gold, which is advancing its La India gold project in Nicaragua.
Anger and despair are running high ahead of Sunday’s state elections in Germany’s mining heartland.
One of the initiatives is expected to reduce energy consumption at mine sites, cut costs and make remote operations more productive.
Company had said in May it planned to cut output by a third to 1 million tonnes and cut jobs from Sept. 1 to prolong the life of the mines.
Serbia’s estimated lithium deposits are the largest in Europe.
Baffinland Iron Mines aims to more than triple its iron ore handling capacities to 12 million tonnes per year.
Access to ore is still expected by December and the company plans to stockpile ore in the period leading to the beginning of operations.
The country’s prime minister has asked the environment authority to study the conclusions of a third-party audit suggesting the Amulsar project should get the green light.
Like many African countries, Sierra Leone has courted foreign companies which pay governments big fees for mining rights, while locals often feel they have no say nor benefit.