DRC to enforce state monopoly on artisanal cobalt amid export ban
The DRC is granting state-owned EGC exclusive rights to export artisanal cobalt.
28 February 2025
28 February 2025
The DRC is granting state-owned EGC exclusive rights to export artisanal cobalt.
Rio Tinto's Paraburdoo mine workers have initiated a support petition to negotiate for pay equity and better conditions.
Profits dropped to R1.85bn ($100.23m) due to lower metal prices, forcing the company to suspend dividend payments.
Zambia granted India 9,000km² for cobalt and copper exploration, and India is assessing mining opportunities in the DRC and Tanzania.
The outage affected Chile’s power grid from the mining-intensive north to the central and southern regions.
Matsa will retain the Devon Pit Gold Mine, Fortitude North Project and Red October Accommodation Village following the deal.
The combined entity will benefit from increased scale and diversification, with the inclusion of several prospective gold and critical minerals assets in Quebec.
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