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Mining Weekly | Africa

The latest mining world news and project information from Africa.
  • Pallinghurst shifts focus to gemstones; Frandsen, Willis to manage Sedibelo interest
    Its decreasing exposure to steelmaking materials, is prompting natural resources investment company Pallinghurst Resources to focus on coloured gemstones and the company plans to change its name to Gemfields Group, pending shareholder approval.
  • Chinese control of cobalt supply risk for EU car industry – Glencore
    Glencore chief executive Ivan Glasenberg said that the automotive industry is waking up too late to the fact that the Chinese will hold most of the world's global cobalt supply, a key metal for electric vehicle (EV) batteries. "If cobalt falls in hands of the Chinese, yeah you won't see EVs being produced in Europe. They are waking up too late... I think it's because the car industry has never had a supply chain problem before," Glasenberg told the FT Commodities Global Summit in Lausanne, Switzerland.
  • Katoro suspends Imweru feasibility work as it assesses project’s economic viability
    Aim-listed Katoro Gold is assessing the economic viability of its Tanzania-based Imweru gold project, based on the results of a prefeasibility study and the new mining legislation and regulations being implemented in Tanzania.   The company said in a statement on Tuesday that an integral part of its assessment will include consideration of a further exploration work programme to enhance and expand the current resource, by exploring some of the previously identified exploration targets that form part of the project.