PGI’s Lobito Corridor Rail Network to Unlock African Copper Belt
January 17th, 2025
Via Fast Markets, an article on how Africa’s first transcontinental rail network, known as the Lobito Corridor, which aims to eventually connect almost the entire regional copper-cobalt belt with additional links across sub-Saharan Africa, is on track to break ground early in 2026: The project will link Angola and Zambia by rail for the first […]
Read more »DRC Courts Saudi Investment To Help Curb Chinese Mining Dominance
January 17th, 2025
Via Reuters, a report on Congo’s efforts to court Saudi mining investors to help curb China dominance in the sector: The Democratic Republic of Congo, the world’s top cobalt supplier, is courting new mining investors from Saudi Arabia to help it diversify and curb overreliance on companies from China, Marcellin Paluku, a senior government official, […]
Read more »Global Mining’s Dangerous New Reality: Guns, Hostages, Arrests
January 6th, 2025
Via the Wall Street Journal, a report on how – with the U.S. and China intensifying demand for critical metals and minerals – host countries are making hostile plays for more of the profits: Neil Warburton was finishing up his breakfast of porridge and local honey when the armed soldiers converged. The Australian veteran mining executive […]
Read more »DRC: Apple Using ‘Conflict Minerals’
December 22nd, 2024
Via the BBC, a report on the DRC’s accusation that Apple is using conflict minerals in its products: The Democratic Republic of Congo has filed criminal complaints in France and Belgium against subsidiaries of the tech giant Apple, accusing it of using conflict minerals. Acting on behalf of the Congolese government, lawyers have argued that […]
Read more »The Billion-Dollar Railways Driving Biden’s Last Overseas Trip
December 3rd, 2024
Via Bloomberg, a report on US support for African infrastructure aimed at countering Chinese influence in the region: Twice a week, a cargo train groaning under hundreds of tons of copper concentrate pulls into the Angolan port of Lobito from mines in the Democratic Republic of Congo. The locomotive is made by Pittsburgh-based Wabtec Corp. but many of […]
Read more »DRC’s Gecamines Offers $1M To Block Chinese Deal with Cobalt Miner Chemaf
November 23rd, 2024
Via Reuters, a report on a contested DRC mining project: Chemaf cash crunch worsens as Norinco deal stalls US officials say alternative to Norinco must be found, source says Gecamines says China’s Norinco will not buy Chemaf assets The Democratic Republic of Congo’s state miner Gecamines is offering $1 million to buy cobalt and copper […]
Read more »Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.