In an international emerald auction held in Dubai this month, Grizzly Mining has raised $24.8 million in revenue. The auction featured medium- to high grade rough emeralds from its flagship mine in Zambia, including the standout 6 620 carat Pilala stone. Out of 112 lots offered, 105 were sold, representing …
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ASX-listed Chrysos Corporation has entered a master services agreement (MSA) with global miner Newmont Corporation to deploy its advanced PhotonAssay technology at Newmont’s gold sites worldwide. The first PhotonAssay unit will be installed at Newmont’s Ahafo mine in Ghana during the first half of the 2026 financial year, marking a …
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Accelerating Africa’s liquefied natural gas (LNG) ambitions will depend on mobilizing risk-tolerant investment, building strong technical and commercial partnerships, and committing to local capacity-building, according to panellists at the Invest in African Energy (IAE) Forum in Paris. Speaking during a discussion on monetizing African gas sponsored by Perenco, UTM Offshore …
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The catastrophic collapse of the Sino Metals tailings dam in Chambishi, Zambia, has sent shockwaves through the mining industry, serving as a chilling reminder of the potential for environmental devastation as the world’s appetite for minerals grows. The 18 February 2025 incident, which unleashed over 50 million litres of acidic …
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Zambia is aiming for a record copper output this year, exceeding 1 million tons, as the country deepens ties with oil-rich Gulf nations, particularly the United Arab Emirates and Saudi Arabia. Jito Kayumba, Special Assistant for Finance and Investment to Zambian President Hakainde Hichilema, revealed that production is projected to …
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With abundant sunshine and wind southern Africa is perfectly positioned to become a global powerhouse in green hydrogen production. As the world shifts towards cleaner energy sources Namibia and South Africa provide favourable conditions and are well situated upon one of the world’s central shipping routes to transport the commodity …
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The scramble for Africa’s vast copper resources took a surprising turn this week as talks between the United Arab Emirates’ (UAE) International Resources Holding (IRH) and Vedanta Resources Ltd. collapsed. The breakdown in negotiations cantered around Vedanta’s prized Konkola Copper Mines (KCM) in Zambia, a copper behemoth that has attracted …
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The mining exploration company backed by Bill Gates, KoBold Metals, plans to invest $2.3 billion to develop a significant copper mine in Zambia, according to President Hakainde Hichilema, who cited company figures. The company aims to produce over 300,000 metric tons of copper annually at the Mingomba site, potentially making …
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The battle for African copper has intensified, with the investment arm of Abu Dhabi’s IHC making a bold move for a controlling stake in Vedanta Resources’ prized Zambian copper assets, Konkola Copper Mines (KCM). This follows their recent acquisition of Mopani Copper Mines, painting a clear picture of their ambition …
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The Africa Centre of the Atlantic Council is embarking on an innovative three-year programme dedicated to critical minerals in Africa. With Africa housing 30% of the world’s critical-mineral reserves, the continent assumes a pivotal role in twenty-first-century supply chains, especially for electric vehicles, lithium batteries, cellphones, medical scanners, and military …
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