The Nexus between South African Mining and the Energy …

The question arises as to how the mining sector, and the just energy transition, can work together in a South African context, in light of this global trend. South Africa is heavily reliant on coal resources, which generated 38 Gigawatts (GW) of the country's installed electricity capacity in 2019 – approximately 74%.

China's DRC Envoy Makes High-Profile Visit to Cobalt Mining …

China's ambassador to the Democratic Republic of the Congo, Zhu Jing, made a high-profile visit over the weekend to one of the country's most important power brokers in the heart of the cobalt mining zone in the southern mining belt in Katanga province. Zhu paid a visit on Saturday to the sprawling estate ...

Ghana: Debt Crisis

Controversial joint naval exercises among South Africa, Russia, and China got underway this week off the coast of KwaZulu-Natal, prompting a fierce backlash from critics who blasted Pretoria for legitimizing Russia on the first anniversary of its invasion of Ukraine. ... Ghana: Debt Crisis | DRC: Mining Contracts . Debt; Mining; Podcast ...

China Initiates $7bn Road-Building Project in DRC

Imports from the DRC accounted for 84pc of China's cobalt feedstock supplies. China's grip on the region has expanded further still in recent weeks, with its Norin Mining having attempted to purchase Dubai-headquartered Chemaf Resources, the owner of two copper-cobalt mines in the DRC.

Q&A: What Lessons Can the DRC Learn From Ghana's …

In the last few weeks, we have witnessed heightened campaigns against illegal mining activities associated with Chinese companies in the Congolese provinces of Ituri and South Kivu. Several Chinese miners were arrested in the far Eastern Ituri province where it is believed that an unknown number of Chinese migrants and companies are operating ...

Unpacking the CMOC Deal: What Do We Know So Far?

The newly-announced deal between the Chinese mining giant CMOC and the DRC's state mining company Gécamines is raising many questions. We asked our Francophone editor Christian-Géraud Neema, who is also an expert on DRC mining, to clue us in: WHAT DO WE KNOW ABOUT THE TERMS OF THE DEAL? ... The China-Global South Project is …

Namibia is the Latest African Country That Wants to Build a …

Namibia is the latest in a growing number of African countries that wants to become the gateway for Congolese cobalt and other resources. The Namibian transport ministry just completed a feasibility study for a 770km railway that will connect the southern DRC mining hub of Lumbubashi with its port in Walvis Bay.

Exploring Chinese Investment in Africa's Critical Minerals …

China's growing demand for critical minerals, driven by its rapidly expanding economy and the global transition towards clean energy technologies, has actively led Chinese companies to …

Chinese Mining Companies in the DRC Are Once Again …

The Sino-Congolese mining giant Sicomines touted its presence at the China International Import Expo that took place in Shanghai earlier this month and the identical text and photo were posted on the Twitter feed of the popular DRC news site Actualite.cd.

WEEK IN REVIEW: Chinese Mining Giant CMOC Surpassed …

Chinese mining giant CMOC surpassed its Swiss rival Glencore to become the largest cobalt producer in the DR Congo. The Chinese company boosted production from its Congolese mines in 2023 by 170%. ... it will invest $2.5 billion to expand its mining operations in the DR Congo highlights the growing importance of the DRC to China's broader ...

FOCAC: DRC, SA sign deals, China's 10 pledges to Africa

CMOC is a mining company which processes base and rare metals. ... In Beijing last week, more than 300 participants from China and the DRC participated in the first economic forum between the two countries. ... China is South Africa's largest trading partner but, President Ramaphosa pointed out, there is an "imbalance in the structure of ...

Cover Story: China Digs In to Boost Mining in Democratic …

The immense mineral wealth in the DRC has not gone unnoticed by China, whose companies now manage over 70% of the DRC's copper production. This strategic dominance …

D.R. Congo's mining capital is at the heart of Biden's bid to …

D.R. Congo's mining capital is at the heart of Biden's bid to counter China in Africa. KOLWEZI, Democratic Republic of Congo — Little about Kolwezi, a small city in southern …

DRC/CHINA : Beijing scrabbles to rescue its reputation in …

China's supremacy in Congolese mining has recently been challenged by both the government in Kinshasa and by Washington's renewed influence in the DRC. Beijing, in a bid …

Copper in Africa: DRC, Zambia, South Africa and …

Copper mining in the DRC. The DRC is the top copper producer in Africa, and the fourth largest copper producer globally. In 2019, the DRC's copper mine production totaled 1.3 million metric tons ...

3Qi: China's Landmark Sicomines Deal in the DR Congo

The controversial 2007 Sicomines infrastructure-for-natural resources deal between China and the Democratic Republic of the Congo is a milestone in Sino-Africa ties as it's one of the largest agreements of its kind on record. Originally valued at 9 billion dollars (it has seen been reduced), the deal stunned many in the West, particularly at the International …

D.R. Congo's mining capital is at the heart of …

Earlier this year, mining firms began shipping ore along a U.S.-backed railway that terminates in Angola's Atlantic port of Lobito. A massive infrastructure project is focused on this rail line -- which is viewed as a bid to …

China, DRC, South Africa Law firms jockey to represent …

China, DRC, South Africa Law firms jockey to represent Pengxin shareholders after regulator ... DRC Shanghai stock exchange sanctions Pengxin over DRC copper transactions. The Chinese mining firm and its directors are facing the threat of 900,000 yuan in fines from the Shanghai securities watchdog over the failure to properly disclose copper ...

China's Massive Mining Deal in DR Congo is Back on Track

The controversial Sino-Congolese mining deal Sicomines has been revived thanks to new financing from China's Exim Bank. This is one of Beijing's biggest natural resources-for-infrastructure deals in Africa. If successful, the deal would net millions of tons in iron ore and cobalt for the Chinese while providing the Congolese with ...

Focus: Western miners lag as oil powers enter race for …

"Any mining company knows that it will face tough questions from shareholders if it makes a move into the DRC," Patrick Edmond, Managing Consultant for Africa at advisory firm J.S. Held, said.

The DRC is Now a Major Focal Point in China's …

Last week's announcement by China Moly that it will invest $2.5 billion to expand its mining operations in the DR Congo highlights the growing importance of the DRC to China's broader trade agenda in Africa. While the …

Chinese investment in African mining

South Africa. As BRICS partners, China and South Africa have a robust trading relationship, built primarily on South African mineral exports to supply. 85% of South African exports to China are precious metals and minerals. As such, China is keen to keep SA mining and metallurgic operations going for its domestic metal demand.

DRC lifts mining ban in South Kivu province

The government of DRC has lifted a mining ban declared in South Kivu province in July 2024. In July, 2024, South Kivu Province Governor Jean-Jacques Purusi Sadiki suspended all mining activities in the restive region.

How transparency in mining contracts helped DRC secure …

The $7 billion agreement signed between China and the DRC in mid-March 2024 shows how important transparency and disclosure are in mining contracts. According to the Extractive Industries Transparency Initiative (EITI), disclosing the contract's terms helped increase expected earnings from the partnership to $4 billion.

China increases cobalt production in DRC

Chinese mining firms have significantly boosted cobalt production in the Democratic Republic of the Congo (DRC) in a bid to expand their market share, ... China increases cobalt production in DRC. December 10, 2023 December 10, ... Jubilee Metals Reports Strong Growth in South Africa and Zambia Operations.

China, DRC talking $7bn in finance, Tshisekedi says

China and Democratic Republic of Congo are discussing $7-billion in financing as part of a renegotiated minerals-for-infrastructure deal, President Felix Tshisekedi said Saturday at his second ...

Chinese Mining Companies in the DRC Ramp Up Efforts To …

Chinese mining companies in the Democratic Republic of the Congo are responding to allegations they haven't fulfilled their obligation to build infrastructure in the country with an increasingly high profile PR effort on social media and in the DRC news media. Every day now, either the companies themselves, the embassy ...

Rampant Illegal Chinese Mining and Logging in Eastern DRC …

Illegal Chinese mining and timber companies are running rampant in the DRC's eastern province of South Kivu, fueling corruption that empowers ruling elites and impoverished local communities, according to a scathing new report by two researchers at the French Institute of International Relations (IFRI) in Paris. The problems in South Kivu gained notoriety last …

Update on the China-DR Congo Mining Contracts Dispute

DRC mining and policy analyst Christian-Geraud Neema Byamungu has been closely following the Chinese response to the government's moves to review foreign mining contracts and how this increasingly contentious issue ... The China-Global South Project is passionately independent, non-partisan and does not advocate for any country, company or ...

South Africa remains attractive mining investment destination, China …

The South African mining industry is diversifying from the gold mining era to an industry with a diverse range of mineral resources that include platinum group metals (PGMs), chrome, manganese ...

Details Of Revamped China-Congo Mining Deal Emerge

Democratic Republic of Congo President Felix Tshisekedi surprised many late last week with an announcement that the controversial Sicomines deal has been successfully renegotiated. Tshisekedi had made reworking the controversial resource-for-infrastructure deal with a Chinese consortium that included firms like Sinohydro and China Railway Engineering …

D.R. Congo's mining capital is at the heart of …

D.R. Congo's mining capital is at the heart of Biden's bid to counter China in Africa 6:00am December 04, 2024. by Emmet Livingstone. Africa; president biden; China in Africa; Democratic Republic ...

What Does the Emerging China-Africa Minerals Consensus …

China-Africa cooperation on green energy, critical minerals and industrialization is growing. Meanwhile, the U.S. is ramping up efforts to widen access to Africa's critical minerals. …