Near-mine communities up in arms against Freeport McMoRan’s DRC unit

Communities living near the new $2-billion Fungurume copper/cobalt mine, in the Democratic Republic of Congo (DRC), are up in arms against the gigantic mine’s developer, which they accuse of not delivering on its pledge to create substantial...

Conflict minerals law could push prices higher - MSCI ESG

Analysts at New York-based MSCI ESG said on Friday that a new US law aimed to stop the trade in conflict minerals might lead to higher prices of metals used in devices like computers and cell phones. The Dodd-Frank Act, which includes a clause...

Funds needed urgently for DRC minerals-tracing project – ITRI

Tracing mining products from the Eastern Democratic Republic of Congo (DRC), has become “situation critical” as the April 1 deadline approaches for a US law banning the trade of conflict minerals, the International Tin Research Institute...

DRC govt resolution on Tenke 'imminent' – Freeport CEO

Freeport-McMoRan Copper & Gold expects an announcement "imminently" on the resolution of negotiations about the contract for its Tenke Fungurume project, in the Democratic Republic of Congo, according to CEO Richard Adkerson. Reuters reported...

IDC asks SA government to assist in DRC Kolwezi saga

South Africa's State-owned Industrial Development Corporation (IDC) has asked the government to step in to protect the Democratic Republic of Congo (DRC) mine that was "expropriated" from copper-miner First Quantum last year - the IDC owned a 10%...

Canadian newspaper lifts lid on new Kolwezi acquirer

Canada's Financial Post has reported that the Kolwezi copper tailings project, which the government took away from TSX-listed First Quantum Minerals in September, is now in the hands of a British Virgin Islands company called Highwind Properties....

SRK’s Congo office now fully operational, plans to set up 
Ghana operation advance

The driving force behind the newly opened SRK Democratic Republic of the Congo (DRC) office, Susa Maleba reportes that the company holds high hopes for its growth in the country, particularly in terms of local ownership and participation.

Namakwa upbeat on diamond prospects

Supply-side pressures would likely drive a surge in diamond prices in the second half of 2010 that would signal the start of a recovery for the diamond sector, leading to a positive recovery in 2011, LSE-listed Namakwa Diamonds said on Tuesday....

Lundin CEO upbeat on Tenke Fungurume project

While the purchase of a stake in the Tenke Fungurume copper/cobalt project last year has proved a “value-destroying exercise” for the company so far, Lundin Mining CEO Phil Wright is determined to see it through to production,...

Teal reports encouraging results from DRC copper prospect

TSX- and JSE-listed Teal Exploration & Mining on Friday published additional high-grade drilling intersections from its Lupoto copper prospect, in the Democratic Republic of Congo (DRC).

More uranium will be needed, says Wits professor

While uranium is typically present in the earth’s crust at a concentration of only 2,8 parts per million (ppm), economic geologists generally target a concentration cutoff of at least 150 ppm. What has to be understood in tracking it down is...

Reliable power conversion to support new copper and cobalt refinery

Power and automation technology group ABB has announced that it has won a $15-million order to provide six thyristor rectifier plants and related engineering and commissioning services for a new copper and cobalt refinery in the Democratic...