East African Mining News Unearthing Mining Opportunities in East Africa

The Democratic Republic of Congo (DRC) and China Molybdenum Co. (CMOC), the world’s leading producer of molybdenum and a major player in cobalt, have inked a significant agreement to boost Congolese participation in the Tenke Fungurume Mining (TFM) project, the second-largest cobalt mine globally. This move comes after collaborative efforts …

The Congolese Regulatory Authority for Subcontracting in the Private Sector (ARSP) has announced a new agreement with China’s CMOC Group, the majority shareholder at the world’s second largest cobalt mine, Tenke Fungurume Mining (TFM), to ensure more Congolese participation in the value chain of the project. ARSP and CMOC Group, …

Africa, a continent blessed with sunshine and wind in abundance, is grappling with a persistent energy crisis. Millions live in darkness, and economic growth sputters due to unreliable power supplies. But a new report by Boston University suggests a potential gamechanger: China. “China has a unique opportunity to spearhead an …