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 »Global Cobalt Reserves 2023
November 7th, 2024
Via Mining Visuals, a look at at where the world’s cobalt reserves are located: Cobalt is a critical mineral, essential for the production of lithium-ion batteries used in electric vehicles (EVs), smartphones, and other renewable energy applications. As the world transitions to greener technologies, the demand for cobalt is projected to rise sharply. At the […]
Read more »China’s Zijin and Australia’s AVZ Grapple Over DRC’s Lithium
October 14th, 2024
Via The Africa Report, a report on the tussle between China’s Zijin and Australia’s AVZ over the DRC’s lithium: Home to one of the largest untapped lithium deposits in the world, the Manono site in the Democratic Republic of Congo has become the scene of a fierce commercial battle. To the naked eye, these thousands […]
Read more »Copper: Now and in the Future
October 12th, 2024
Via Geopolitical Futures, an interesting look at the geopolitical challenges in copper mining are significant, particularly in Latin America and Africa: Copper is crucial to the global economy, and its importance is only going up. Historically, copper has been vital in construction, electrical networks and transportation. But now it is also in high demand as […]
Read more »Congo Wants to Pivot Away From China’s Dominance Over Its Mining
October 11th, 2024
Via Bloomberg, an article on the DRC’s desire to pivot away from Chinese dominance over its mining sector: Goverment blocked Chinese bid for Chemaf copper-cobalt firm Country mulls tender to refurbish rail to border with Angola Democratic Republic of Congo’s top mining official said the country is courting new investors for its world-class deposits of […]
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.