Tag Archives: mining

Bétaré Oya, Cameroon | AFP | For a time, the land around the village of Longa Mali in eastern Cameroon was one of the most prized in Africa, and powerful machines gnawed greedily into its soil to extract precious gold. Today, abandoned with almost the same speed as it was …

Accra, Ghana | AFP | Six miners were killed and two injured when the roof of a tunnel collapsed at a gold mining site operated by US-based Newmont in Ghana’s southern region, the company said Sunday. “I can confirm six fatalities to you. Two others were treated at the clinic …

Nairobi, Kenya | AFP |  Tanzanian President John Magufuli on Friday inaugurated a 24-kilometre (15-mile) around the country’s tanzanite mines to prevent smuggling of the precious violet-blue stones, which are unique to the East African country. Magufuli in September ordered the army to build the wall around the mines, located …

Kinshasa, DR Congo | AFP | DR Congo President Joseph Kabila enacted a law to hike taxes on so-called strategic metals and ordered government consultations with foreign companies worried by the change, an official said Sunday. “The law has been promulgated in the same form as was adopted by parliament,” …

Harare, Zimbabwe | AFP | Russia’s Foreign Minister Sergei Lavrov on Thursday met with Zimbabwe’s new President Emmerson Mnangagwa and discussed possible military co-operation as well as plans to boost economic ties. Lavrov, who is on a tour of Africa, is the first high-profile Russian official to visit Zimbabwe since veteran …

Kinshasa, DR Congo | AFP | DR Congo President Joseph Kabila has promised to have “constructive dialogue” with mining companies worried over plans to hike taxes on so-called strategic metals, a category expected to include the booming market for cobalt and copper. Kabila on Tuesday held more than seven hours of …

Kolwezi, DR Congo | AFP | In early 2014, according to local folklore, a man digging a septic tank or a well in his garden in Kasulo came across rocks with a distinctive grey-green sheen: cobalt. From then on — rather like the find at Sutter’s Mill in 1848 that …

Lubumbashi, DR Congo | AFP | Rebels have wanted to kill him, NGOs accuse him of exploitation and Chinese newcomers have rattled his Congo mining empire, but George Forrest, one of Africa’s biggest businessmen, remains unbowed. The head of the Forrest Group, which is worth an estimated $800 million (650 …

Kolwezi, DR Congo | AFP | In global markets the price of cobalt, a mineral used in batteries for high-tech products from iPhones to Tesla electric cars, has nearly tripled to $81,500 a tonne in two years. But in the Democratic Republic of Congo, which produced two-thirds of the global …

Kinshasa, DR Congo | AFP | The world’s biggest producer of cobalt, a key ingredient in modern batteries, plans a five-fold increase in tax on the commodity as part of an overhaul of its mining laws, industrial sources said Friday. The Democratic Republic of Congo would impose a tax of 10 …