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The ban targets key mining areas, including rutile deposits in Kasiya and rare earth sites in Kangankunde.
Processing facilities at Tenke Fungurume mine in 2016 before the CMOC acquisition. (Image courtesy of Lundin Mining.)
Cobalt found alongside copper and malachite. (Image by Fairphone, Flickr).
The DRC introduces a strict cobalt quota system beginning October 16, with lifetime bans for exporters who break the rules, a move set to reshape Africa’s cobalt trade and influence global prices.
The dividend represents 35% of realised accumulated company profits, in line with the Company’s dividend policy. Compared to prior years, the dividend represents a significant increase from ZMW243 million in 2023.
Dangote Warns Against Africa Becoming a Dumping Ground for Substandard Fuel
This growth occurred despite DRC’s export suspension, which was initially enacted in February and extended through September.
Critics argue that the local currency remains overvalued and unstable, with many producers facing losses when their export proceeds are forcibly converted.
Switzerland’s top criminal court convicted trading house Trafigura and a former senior executive of corruption
PRESSURE is mounting on the Zimbabwean government to block a bid by Chinese company Sunny
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