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...

Cote d’Ivoire hosts the headquarters of the International Cashew Advisory Council

As the world's largest cashew producer, Côte d'Ivoire has been designated as the headquarters of the International Cashew Advisory Council (ICCC), an organization that...

Barrick and Randgold Merge to Become World’s Number One Gold

South African Randgold finally merged with Canada's Barrick Gold. The transaction, which represents $ 18.3 billion, excluding debt, gives birth to the world's number...

Guinea: Official Start of the Chalco Mining Project

Things seem to be accelerating for the Chalco Guinea Company, a subsidiary of the Chinalco Group. Six months after the signing of its 15-year...

South Africa: OTS and Glencore on Chevron’s assets

Commodity trader and Glencore's Black Beethoven Empowerment (BEE) partner, Off The Shelf Investments (OTS), completed the $ 973 million acquisition of Chevron's downstream assets...

Cocoa: Michel Arrion replaces Jean Marc Anga at the head of the ICCO

The Belgian Michel Arrion, former ambassador of the European Union, is the new executive director of the ICCO, the international organization of cocoa, replacing...

Morocco: Cosumar announces the creation of a new company in Guinea Conakry

The Moroccan group Cosumar has a stake of 55% in the capital of the Compagnie Maroco-Guinéenne de Sucre (Comaguis), the remaining 45% being held...

Ivory Coast sets purchase price of cocoa at 750 CFA francs

The Ivorian government has set October 1 the purchase price "edge field" of cocoa at 750 CFA per kilogram (1.14 euros), an increase of...

Guinea: GI Cement will double its annual production

Planned since July 2018, G'I Cement, the cement subsidiary of the Guinean G'I industry, announced this Saturday, September 29, 2018, the official start of...