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Tag Archives: mining

DR Congo enacts law to hike tax on minerals

Kinshasa, DR Congo | AFP | DR Congo President Joseph Kabila enacted a law to hike taxes on so-called strategic metals and ordered government consultations with foreign companies worried by the change, an official said Sunday. “The law has been promulgated in the same form as was adopted by parliament,” …

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Russia eyes Zimbabwe’s diamonds and platinum

Harare, Zimbabwe | AFP | Russia’s Foreign Minister Sergei Lavrov on Thursday met with Zimbabwe’s new President Emmerson Mnangagwa and discussed possible military co-operation as well as plans to boost economic ties. Lavrov, who is on a tour of Africa, is the first high-profile Russian official to visit Zimbabwe since veteran …

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DR Congo sees 10% levy on ‘strategic metals’

Kinshasa, DR Congo | AFP | The world’s biggest producer of cobalt, a key ingredient in modern batteries, plans a five-fold increase in tax on the commodity as part of an overhaul of its mining laws, industrial sources said Friday. The Democratic Republic of Congo would impose a tax of 10 …

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Mining industry eager for S.African leadership change

Cape Town, South Africa | AFP | Renewed optimism about South Africa’s mining future coursed through the industry this week, focused on hopes of pro-business reforms under the ruling party’s new leadership. The world’s largest mining investment conference started in Cape Town on Monday, as the ANC party met to …

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THIS WEEK: Salim Saleh under fire over sand mining

THIS WEEK: Salim Saleh under fire over sand mining Kampala, Uganda | THE INDEPENDENT | Gen Salim Saleh, national coordinator of Operation Wealth Creation and President Museveni’s brother has been criticized for his comments, encouraging the various sand mining activities happening in Lake Victoria. Saleh told environmentalists to stop harassing Mango …

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Thousands protest in Morocco over new coal mine ‘martyr’

Rabat, Morocco | AFP | Thousands of people staged a protest Friday in an impoverished Moroccan city over the latest fatality in the region’s “mines of death”, the third such victim since December, witnesses said. The protest was staged outside the morgue of the hospital in the northeastern town of …

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