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Landslides Claim Three Lives in North Kivu’s Walikale Artisanal Mines 21 Mining in DRC Artisanal mining Mining safety 

Landslides Claim Three Lives in North Kivu’s Walikale Artisanal Mines

Constance
North Kivu Mining Tragedy: Three Artisanal Miners Killed in Landslides A devastating double landslide has struck the Walikale region of North Kivu, Democratic Republic of Congo, claiming the lives of three artisanal miners on Sunday, August 24, 2025. Local sources report that two miners died at the Kabombo mining site while working inside a shaft. “They were caught off guard by a sudden landslide while mining,” said the head of the Utunda group. On the same day, a separate landslide at the Angola site claimed another life. Recovery efforts were… Read More Here
Dangote Refinery Reshapes West and Central Africa’s Fuel Market 22 International Corporate News Oil & Gas Petroleum 

Dangote Refinery Reshapes West and Central Africa’s Fuel Market

Constance
Dangote Refinery Ends Nigeria’s Fuel Import Dependence, Boosts Exports Across Africa and Beyond The Dangote Petroleum Refinery has emerged as a game-changer in West and Central Africa’s energy landscape, ending decades of dependence on imported petroleum products and positioning Nigeria as a net exporter of refined fuels. With a processing capacity of 650,000 barrels per day, the refinery is the largest in Africa and has rapidly transformed regional trade flows. Since operations began, it has produced substantial volumes of diesel, gasoil, jet fuel, and petrol, meeting Nigeria’s domestic demand while… Read More Here
Burkina Faso Boosts Mining Revenues as Govt Raises Equity in West African Resources to 15% 23 International Economy Gold 

Burkina Faso Boosts Mining Revenues as Govt Raises Equity in West African Resources to 15%

Constance
Burkina Faso Increases Stake in West African Resources’ Gold Projects Under New Mining Code Burkina Faso’s largest gold producer and one of its biggest foreign investors, West African Resources (WAF), has implemented the revised 2024 mining code, raising the government’s free carried equity in its gold projects from 10% to 15%. The adjustment was confirmed in WAF’s interim financial report for the first half of 2025. WAF executive chairman Richard Hyde said the equity transfer was finalized in July and August across its three key projects: Sanbrado (Somisa), Kiaka, and… Read More Here
Lucapa 171 carat diamond Diamond International 

Angola Surpasses Botswana in Diamond Production Value After 20 Years of Dominance

Constance
Angola Overtakes Botswana as World’s Top Diamond Producer for First Time in Two Decades For the first time in 20 years, Botswana has lost its crown as the world’s leading diamond producer by value, with Angola edging ahead in 2024, according to data from the Kimberley Process (KP). Botswana’s diamond output fell sharply to 18.13 million carats worth US$1.36 billion in 2024, down 27.8% in volume and 58.6% in value from the previous year. By contrast, Angola produced 14.03 million carats valued at US$1.41 billion, a 43.8% increase in volume,… Read More Here
DRC Oil Prices Record Modest Weekly Gain but Remain on Downward Trend 24 Oil & Gas Mining in DRC News in Brief 

DRC Oil Prices Record Modest Weekly Gain but Remain on Downward Trend

Constance
DRC Oil Prices Rise 1.8% to $67.7 per Barrel Despite Yearly Decline The price of a barrel of oil, one of the Democratic Republic of Congo’s (DRC) key export commodities, rose to US$67.7 on August 22, 2025, up from US$66.9 the previous week, marking a 1.8% increase, according to the Central Bank of Congo’s latest economic report. As of August 21, oil prices were still 9.1% lower than at the end of 2024 and down 19.2% year-on-year, underscoring the sector’s ongoing challenges. Energy analysts say the weekly gain reflects a… Read More Here
DRC’s Niobium Exports Record Modest Price Uptick 25 Mining in DRC 

DRC’s Niobium Exports Record Modest Price Uptick

Constance
DRC Niobium Prices Edge Up on Global Markets Amid Stable Demand Niobium concentrate, one of the Democratic Republic of Congo’s (DRC) key export products, recorded a slight price increase on international markets during the week of August 25–30, 2025. The metal is now trading at US$5,633.04 per ton, up from US$5,629.12 the previous week, marking a modest 0.07% rise, according to price data released by the Ministry of Foreign Trade on August 26. Industry experts note that while the increase is marginal, it underscores the relative stability of global demand… Read More Here
Glencore-Sibanye Deal for Chrome Recovery Plants Cleared by Competition Commission 26 International Corporate News 

Glencore-Sibanye Deal for Chrome Recovery Plants Cleared by Competition Commission

Constance
Competition Commission Approves Glencore-Sibanye Acquisition of South African Chrome Recovery Plants The Competition Commission has recommended that the Competition Tribunal approve the acquisition of certain chrome recovery plants (CRPs) by Glencore Operations South Africa (GOSA) on behalf of the Glencore-Merafe pooling and sharing venture (PSV) and Sibanye-Stillwater, without any conditions. Sibanye-Stillwater owns and operates multiple CRPs at its South African platinum group metals mining operations, while GOSA also controls a number of CRPs. The parties announced in February that the PSV would operate both Sibanye-Stillwater’s and GOSA’s CRPs to leverage… Read More Here
Africa Poised to Become Global Hub for Critical Minerals and Industrial Growth 27 Mining in Zambia Battery Metals Cobalt Copper Mining in DRC 

Africa Poised to Become Global Hub for Critical Minerals and Industrial Growth

Constance
Africa Poised to Lead Global Critical Minerals Market with Strategic Industrial Transformation African nations have the opportunity to leverage their critical mineral resources to move beyond traditional extraction models and capture far greater value across the entire mining-to-manufacturing value chain. A new report from Boston Consulting Group (BCG) Africa, titled “Africa’s Critical Minerals Moment: A Strategic Blueprint for Sovereign, Sustainable, and Scalable Growth”, highlights the continent’s potential as a central player in the global critical minerals market, as demand is expected to more than double by 2040. Africa hosts some… Read More Here
Rio Tinto Puts Richards Bay Minerals and Global Assets Under Strategic Review 28 Corporate News International 

Rio Tinto Puts Richards Bay Minerals and Global Assets Under Strategic Review

Constance
Rio Tinto Launches Strategic Review of South African, Canadian, and U.S. Mining Operations Mining giant Rio Tinto has placed its Richards Bay Minerals (RBM) operations in KwaZulu-Natal, along with its Canadian iron and titanium operations and U.S. borates mine, under strategic review as part of a broader operational restructuring led by new CEO Simon Trott. On Wednesday, the company unveiled a new operating structure consolidating its activities into three business units and assigning the Borates and Iron & Titanium divisions to COO Alf Barrios for review. RBM, a leading producer… Read More Here
Fortescue Posts 41% Profit Drop Amid Weak Iron-Ore Prices but Eyes Green Energy Growth 29 International Corporate News Iron Ore 

Fortescue Posts 41% Profit Drop Amid Weak Iron-Ore Prices but Eyes Green Energy Growth

Constance
Fortescue FY25 Profit Falls 41% as Iron-Ore Prices Drop; Green Iron Projects Gain Momentum Fortescue Metals, the Australian iron-ore and green energy company, reported a 41% decline in full-year profit as weaker iron-ore prices weighed on revenue, though record shipments and disciplined cost management helped soften the impact. The company posted a net profit after tax of $3.4 billion for the year ending June 30, down from $5.7 billion a year earlier. Revenue fell 15% to $15.5 billion, driven by an 18% drop in the average realized price for hematite… Read More Here

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