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Barrick Will Pay 430 Million Dollars to Mali to Settle Their Mining Dispute

November 2025 Barrick Mining is said to have agreed to pay 244 billion CFA francs (430 million dollars) as part of its agreement with Mali, under the deal concluded by the company to end a two-year dispute that led to the closure of the Loulo-Gounkoto gold complex, according to Bloomberg. The payment is expected to […]

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Rio Tinto Increases Its Stocks of Simandou to 2 Million Tonnes for the First Shipment

Rio Tinto has stockpiled 2 million tonnes of high-grade iron ore at its Simandou project in Guinea for a shipment in mid-November, three sources told Reuters, which would be the first from the mega-mine that should reshape global supply and prices. In its third-quarter production report published, Rio declared that SimFer – one of the

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A Kenyan Tribunal Blocks a 2 Billion Dollar Coal Power Plant on a Heritage Site

A high Kenyan court has blocked the construction of a 2 billion dollar coal-fired power plant near the coastal town of Lamu, which is home to a site listed as a UNESCO World Heritage site. The developers of the 1,050 megawatt installation, majority-owned by Centum Investment Co., failed to ensure adequate public participation, declared Judge

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The AFC Launches a Call for Tenders for the Construction of a Railway Link in Zambia

October 2025 The Africa Finance Corp. intends to launch a call for tenders from companies for the construction of a new railway link between the copper-rich region of Zambia and an existing line that leads to the Angolan port of Lobito in the coming months. The call for tenders will be divided into three parts,

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“Forget American Critical Minerals.” A Bold Explorer Targets the EU

Osmond Resources has become something of an excitement machine of late as it works towards confirming the world-class potential of what it calls its Orión EU Critical Minerals Project in southern Spain. This enthusiasm is reflected in the 158% rise in the share price since the beginning of the year, to 1.07 $, for a

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Beijing’s Exports Redefine the Balance of Power

China’s resurgence in global trade is reshaping the power dynamic between the world’s two largest economies. While the United States doubles down on tariffs and technological restrictions, Beijing’s factories are roaring back to life, fueling a new phase of competition that is more strategic than transactional. The latest foreign trade figures show a sharp rise

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“UK Export Finance” Provides £500 Million Attracted by the DRC After Meeting with Mines Minister Louis Watum

After participating in the Financial Times Africa Summit 2025, held from October 21 to 22 in London, the Minister of Mines, Louis Kabamba Watum, took part in a high-level business meeting organized by the DRC-UK Chamber of Commerce, in the presence of the British High Commissioner for Industry in Africa and several investors. Taking advantage

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