Central African Republic: Strategies to boost diamond production
Central African President Faustin Archange Touadéra has just completed a European tour where he has invited mining companies to invest in diamond production in...
Cameroon: an extension of the Mbalam Iron Operating Agreement
The Cameroonian authorities could extend the operating agreement for the Mbalam mining project located in the east of the country to June 30, 2019,...
Ivory Coast: Barry Callebaut-Saco opens a cocoa grinding unit in Abidjan
Côte d'Ivoire, the world's largest cocoa producer, wants to locally process 50% of its cocoa bean production to increase farmers' income and fight poverty.
The...
Côte d’Ivoire destroys 18,000 tonnes of damaged rice
The Ivorian government announces the destruction of 18,000 tons of "substandard" rice.
The 18,000 tons of rice from India and Burma that were stored at...
Morocco: ENI sells 30% of its share to Qatar Petroleum on Tarfaya Offshore Shallow
In Morocco, the National Office of Hydrocarbons and Mines (ONHYM) has announced a farm-out agreement between the Italian oil company ENI and Qatar Petroleum...
Cocoa: the first producer meets the world’s leading grinder
The Director General of the Ivory Coast Coffee-Cocoa Council, KONE Brahima Yves, received in audience a Dutch delegation of 35 businessmen led by the...
Bad news for the DRC: the price of cobalt collapses
While the Democratic Republic of Congo (DRC) is experiencing a historic alternation, the price of cobalt collapses on international markets. Owing to 60% of...
Guinea: Alpha Condé wins pyrrhic victory over Simandou
Five years of legal proceedings later, Guinea changes strategy and chooses negotiation. Following an amicable settlement reached on February 25, 2019 with BSR Resources...
Mauritania: Aura Energy to sell 800,000 pounds of uranium to Curzon
Australian uranium company Aura Energy will sell 800,000 pounds of uranium oxide (U3O8) to Curzon Uranium Trading (CUT) over a 7-year period during the...
Egypt plans $ 9 billion for modernization of six of its oil refineries
Egyptian oil minister Tarek El Molla announced on January 20, 2019 in Cairo that the country will upgrade six of its oil refineries at...
For $ 1.14 billion, China Molybdenum strengthens its mining interests in the DRC
Chinese company China Molybdenum has entered into a share transfer agreement with Sino-US BHR to buy back its capital in the Tenke copper mine....
DR Congo: Government Triples Royalties on « Strategic Minerals »
The Democratic Republic of Congo has decided to triple the royalties on "strategic" minerals exploited on its territory.
The royalty rate of 3.5% is raised...
Large-scale census of operators of the gold sector in Gabon
The Ministry of Equipment, Infrastructure and Mines launched Thursday a census operation operators in the gold sector throughout the country, recalling that "since September...
Gécamines responds to unilateral communications from Katanga Mining Limited
On November 6, 2018, Katanga Mining Limited issued a press release announcing the temporary suspension and until further notice of exports and sales of...