africa

Blackwater founder launches fund to invest in electric car battery metals

The founder of US private security company Blackwater aims to raise as much as $500 million to invest in deposits of metals such as cobalt, lithium and copper, mainly in Africa and Asia.

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Human activity creates 208 new mineral species

Study shows mining has sparked “unparalleled inorganic compound diversification” like rabbittite at Lucky Strike, Utah and a handful found on smelter walls

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First Quantum Minerals to let go 2,500 workers in Zambia over tax hikes

The Canadian miner miner said the job cuts will be implemented in phases during the first quarter of 2019, adding they’ll be equally split between its Kansanshi and Sentinel mines.

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AngloGold Ashanti’s Tropicana gold mine can go underground — study

A prefeasibility study into the development of a mine beneath the Boston Shaker pits confirmed the technical and financial viability of an underground mine at AngloGold Ashanti and Independence Group’s Tropicana operation.

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