East African Mining News Unearthing Mining Opportunities in East Africa

On 4 April 2022, the copper price rose despite lingering demand concerns in top consumer China. Copper for delivery in May rose 2.3% from 1 April 2022’s settlement price, touching $4.790 per pound ($10,538 per tonne). Trading was sluggish as Chinese financial markets were closed for a public holiday, but …

Russia’s attack on Ukraine has given investments in Africa’s liquefied natural gas projects fresh impetus as Europe seeks to find new energy sources to starve Russia of funds to fuel the war. In  Mozambique, which has huge deposits of hydrocarbons, the government is receiving interest from companies in its latest …

The Amani Nature Reserve, established by Tanzanian authorities in 1997 to protect the East Usambara Mountains’ unique flora and fauna, is under threat from gold mining, according to an official. Over 20 hectares of natural forest cover have been destroyed by artisanal miners in recent years, according to Fikiri Maiba, …