Mali’s auditor general recommends review of mining contracts

Mining revenue in the fourth quarter more than doubled helped by higher prices for key exports such as copper and cobalt.

The are two main factors that appear to be emerging that may threaten an end to the current quite rosy picture surrounding demand for commodities such as iron ore, steel and the metals most exposed to the battery boom, cobalt, lithium and nickel.

The decision was made to reflect a challenging "shareholder experience" and operations at some mines.

Major international investors in Congo say the new code will scare off investment and violate existing agreements.

Glencore defended working conditions at its mines in Congo after an international labor federation said its employees are poorly treated and underpaid.

A lack of returns to governments is drawing a backlash from Mali in the Sahara to Tanzania on the Indian Ocean.

It was unclear where all the funding would come from and analysts said the project start date of July looked very ambitious.

A total of 12.5 million tonnes of manganese will be transported every year once Transnet signs contracts with nine local manganese producers.

Anti-government sentiment is set to further escalate in the run-up to the legislative election in September, and mining firms are likely to experience even more disruption as many blame them for the state’s failure to contribute to their wellbeing.