Lagos — Total metals & mining industry M&A deals in December 2019 worth $7.87bn were announced globally, according to GlobalData’s deals database. The value marked a decrease o... Read more
Kinshasha — Democratic Republic of Congo has granted a monopoly to a new state-owned company to purchase and market all cobalt that is not mined industrially in an effort to exert grea... Read more
Mkpoikana Udoma Port Harcourt — American firm, BFIG Corporation, has written the President, Court of Appeals, Hon Zainab Bulkachuwa, faulting the inclusion of Justice S. J. Adah, in th... Read more
Frankfurt — Germany imported 40.2 million tonnes of hard coal last year, 14.7% less than in 2018 due to competition from renewables and gas, and as the steel industry curbed usage, imp... Read more
*First beneficiaries: Guinea, Liberia, Niger, Mali, Madagascar, South Sudan, Sierra Leone and Zimbabwe Abidjan, Côte d’Ivoire -– The African Development Bank has allocated a €1.2 million gra... Read more
Singapore — China’s iron ore futures were the best performing commodity in 2019, more than doubling in value while natural gas ranked as the biggest loser, dropping by more than a quar... Read more
Lusaka — Zambia plans to make copper mining companies account for the gold they produce as it seeks to boost revenue from its mineral resources, a senior ministry of mines official sai... Read more
Mkpoikana Udoma Port Harcourt — A call has been made to the Federal Government to fix the country’s steel industry in order to reduce capital flight in the oil and gas sector, incurred... Read more
Abuja — The Minister of Mines and Steel Development, Mr Olamilekan Adegbite has revealed that funds for resuscitation of Ajaokuta Steel project is already in place and that work will c... Read more
Mkpoikana Udoma Port Harcourt — The Federal High Court in Abuja has sentenced the Director General of the Bureau of Public Enterprise, BPE, Mr Alex Oko, to 30 days imprisonment for all... Read more
