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Tag Archives: mining

Chinese firm probes if children work in African mines

Beijing, China | AFP | A Chinese metal trading firm said Thursday it is investigating whether children are toiling in Congolese mines that supply it with cobalt, a key resource for mobile phones and electric cars. Yantai Cash, a cobalt exporter based in eastern Shandong province, told AFP that it is …

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Sierra Leone unearths 476-carat gem in new diamond find

Freetown, Sierra Leone | AFP | Sierra Leone said Saturday miners had unearthed a huge 476-carat diamond, eight months after an even more valuable find in the country’s diamond-rich east. It appears to be the 29th largest diamond ever found, according to experts, but it is unclear what the hefty stone …

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THIS WEEK: Dispute threatens Karamoja mining deal

THIS WEEK: Dispute threatens Karamoja mining deal Kampala, Uganda | THE INDEPENDENT | Residents in Kosiroi village, Tapac sub-county in Moroto district in the north eastern part of the country have issued a warning to cancel a mining concession granted to Tororo Cement Limited over failure to sign a Memorandum of …

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Huge sums in mining revenue off the books in DR Congo

Kinshasa, DR Congo | AFP |  Some $750 million (644 million euros) in revenue from Democratic Republic of Congo’s mines between 2011 and 2014 “cannot be reliably tracked” in the records of the state-owned Gecamines, the Carter Center said Friday. The US foundation, in a report, suggested Gecamines used “its …

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Tanzania seizes diamonds from British mining company

Nairobi, Kenya | AFP | The Tanzanian government said Sunday it had confiscated diamonds worth nearly $30 million after accusing British company Petra Diamonds of having declared a lower value when trying to export the gems. Speaking on government television channel TBC 1, Finance Minister Philip Mpango said the diamonds extracted …

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ANALYSIS: Why Magufuli’s reforms in mining sector are about politics as much as economics

Dar Es Salaam, Tanzania| AFRICAN ARGUMENTS |  Ever since his election in 2015, Tanzania’s President John Magufuli has been a subject of public fascination. At first, his war on graft promised to cleanse the state of corruption, while his patriotic thrift inspired the hashtag #WhatWouldMagufuliDo? But as this campaign of tumbua majipu (“lance the boils”) was …

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