The Democratic Republic of Congo (DRC) will export copper to Saudi Arabia and the United Arab Emirates through a U.S.-backed partnership with Mercuria Energy Group Ltd., as Washington seeks to challenge China’s dominance in critical metals. The Democratic Republic of Congo (DRC) is entering into agreements to export copper to Saudi Arabia and the UAE,…
South Africa will raise its national minimum wage by 5% from 1 March, bringing the hourly rate to R30.23 ($1.89), up from the previous rate of R28.79 ($1.80), the government announced on Tuesday. The South African government announced a 5% raise in the national minimum wage, effective from March 1, exceeding analysts’ expectations. Public works…
The United States is ramping up efforts to challenge China’s grip on Africa’s critical minerals, backing a $9 billion move to take a 40% stake in Glencore’s copper and cobalt mines in the Democratic Republic of Congo, a country central to global battery and clean energy supply chains. The United States is increasing its involvement…
The global mining sector is experiencing a renewed surge in interest, fuelled by record gold prices and rising demand for critical minerals linked to AI and electrification. The global mining sector is witnessing significant advancements, propelled by record gold valuation and the increasing necessity for minerals vital to modern technologies like AI and electrification. Innovation…
