The DRC has created a $100 million paramilitary mining guard unit funded by the United States and the United Arab Emirates
The Democratic Republic of Congo is launching a $100 million mining protection force, funded by the United States, to secure…
Category: Minerals
Virtus and Lloyds join forces to restart Chemaf mines by 2027
Virtus Minerals and its Indian partner Lloyds Metals & Energy have formed a joint venture called Virtus Lloyds Mineral Holding…
DRC and Cobalt: Reclaiming a Strategic Market in the Face of Chinese Hegemony
Long relegated to the role of mere supplier of raw materials, the Democratic Republic of Congo (DRC) is undergoing a…
THOUSANDS OF SICK AND DYING MINERS IN SOUTHERN AFRICA THREATENED WITH BEING STRIPPED OF THEIR ONLY ROUTE TO COMPENSATION
In 2018 a class-action on behalf of former mineworkers won a landmark case. In 2019 a settlement of 5 billion…
High-Grade Copper in Unexplored Butembo: US Company Copper Intelligence Plans to Begin Drilling in Four to Six Weeks
The US exploration company Copper Intelligence plans to begin drilling within four to six weeks in what it considers a…
Iran War: At $500 per ton, Kamoa-Kakula is expected to profit from selling sulfuric acid to other oxidized copper miners in the region
Copper and cobalt mining in the country is heavily dependent on sulfuric acid and sulfur-based chemicals such as sodium…
KoBold Metals Launches Largest Lithium Exploration Campaign in DRC History Using Artificial Intelligence and Advanced Sensors Across 13 Permits Covering More Than 3,000 km²
KoBold Metals, the mining company backed by American billionaires Jeff Bezos and Bill Gates, has launched what it calls the…
China to suspend sulfuric acid exports starting in May, impacting copper production in Chile, the DRC, and Zambia
China has announced it will suspend sulfuric acid exports starting in May, further impacting the metals and fertilizer industries already…
56,000 USD per Ton of Cobalt: Félix Tshisekedi Expects $2.3 Billion in Public Revenue from the Cobalt Sector Alone for 2026
The government of President Félix Tshisekedi has set an ambitious goal of $2.3 billion in public revenue generated solely from…
“The acquisition of Chemaf’s copper and cobalt mines in the DRC by Virtus Minerals is excellent news for America and for the people of the DRC” – Jacob Helberg
The American company Virtus Minerals has acquired the Congolese cobalt and copper producer Chemaf, U.S. Under Secretary of State for…