Africa
Iron ore price up despite high China ferrous scrap imports
Iron ore prices continued surging on Monday, propelled by recovering global steel demand.
According to Fastmarkets MB, benchmark 62% Fe fines imported into Northern China were...
Lithium-sulphur batteries one step closer to becoming viable
Researchers at King Abdullah University of Science and Technology (KAUST) have developed a new technique that allows them to modify lithium-sulphur (Li-S) batteries to suppress a...
South Africa’s coal export line remains partially closed after derailment
A 208-wagon coal train derailed in South Africa over the weekend partially shutting a rail line that links mines to the Richards Bay export...
CHART: Study predicts over 400% increase in copper, lithium, nickel battery demand
BloombergNEF has upped its predictions for annual demand for lithium-ion batteries by more than a third from its previous forecast on the back of...
Congo seizes gold worth $1.9 million in Okapi Wildlife Reserve
Congolese authorities have seized 31 kg of gold, worth around $1.9 million, in the Okapi Wildlife Reserve in the country’s northeast, in a rare...
Global copper mine production up 3.7% in Q1 – report
The International Copper Study Group (ICSG) has released preliminary data for March world copper supply and demand in its June 2021 Copper Bulletin.
Data indicates...
Nigeria’s renewed fuel subsidies worry IMF
The International Monetary Fund said yesterday it was concerned by Nigeria’s move to renew fuel subsidies and urged the government to continue efforts to...
Botswana unearths world’s third largest diamond
Botswanan diamond firm Debswana said yesterday it had unearthed a 1 098-carat stone that it described as the third largest of its kind in...
Villagers stumble on diamonds in South Africa
A community near Ladysmith in Kwa-Zulu Natal is jubilant after discovering a field full of the precious stones.Hundreds of community members have flocked to...
KwaZulu Natal diamond rush: experts head to Ladysmith to inspect site
Experts are expected to head to the KwaZulu-Natal town of Ladysmith, where crowds of people have gathered to search for diamonds.KZN Premier Sihle Zikalala...
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