ANGLO AMERICAN REJECTS BHP’S $39 BILLION TAKEOVER PROPOSAL
Anglo American has rebuffed BHP Group’s $39 billion takeover bid, deeming it significantly undervalued. BHP, with a deadline of May 22 to make a binding
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UAE eyes Zambia mine as minerals race heats up against Saudi Arabia
Wealthy Gulf countries are racing against China, Europe and the United States for minerals critical to powering the global green transition. The United Arab Emirates
EURASIAN RESOURCES GROUP DENIES ACCUSATIONS OF SUBCONTRACTING FRAUD IN THE DRC
Eurasian Resources Group (ERG) has refuted allegations of attempting to circumvent subcontracting laws in the Democratic Republic of Congo (DRC), aimed at promoting local ownership
UNLOCKING ZAMBIA’S OIL AND GAS POTENTIAL
Zambia, the world’s seventh-largest copper producer, is ramping up infrastructure and mineral exploration efforts while partnering with international firms to expand its renewable energy sector.
XTRACT RESOURCES ENTERS JV TO ACQUIRE MAJORITY STAKE IN ZAMBIA’S SILVERKING COPPER MINE
Xtract Resources has announced a joint venture (JV) agreement with Oval Mining, in collaboration with Cooperlemon Consultancy, aimed at acquiring up to a 70% stake
President Tshisekedi focuses on mining firms to address unemployment in the DRC.
Recently, Democratic Republic of the Congo’s President Félix Tshisekedi has outlined an ambitious plan to create approximately 6.4 million jobs during his second term, averaging
Key Factors Propelling Growth in Zambia’s Mining Industry
Zambia’s mining industry is experiencing a transformative phase, propelled by policy changes, targeted investments, and exploration endeavors to tap into the nation’s abundant mineral resources.
Baker McKenzie finalizes $1.1 billion partnership agreement for ZCCM Investments Holdings in Mopani Copper Mines deal.
Baker McKenzie, a leading international law firm, provided legal counsel to ZCCM Investments Holdings Plc (ZCCM-IH) in its significant partnership with International Resources Holding RSC
Safeguarding Foreign Investments in Zambia’s Mining Sector: A Strategic Guide
In February 2024, Zambian President Hakainde Hichilema described the initiative to link the country’s copper mines with a port in Angola as a “once-in-a-lifetime” opportunity.
The government of the DRC is considering the implementation of export quotas on cobalt to boost prices.
As advancements in cobalt-free electric vehicle battery technology progress, Congolese officials are conflicted over the idea of implementing export restrictions on cobalt. The Democratic Republic