The DRC bets big on copper to boost global influence with a landmark mining deal.
According to sources familiar with the deal, Gecamines will be able to sell nearly half of Kamoto Copper Co.’s (KCC) copper output […]
Indonesia and US Sign Trade and Investment Deal Worth Over $7 Billion.
The signing ceremony took place during a dinner honoring President Prabowo, organized by the US Chamber of Commerce. Key points of the […]
Japan to invest US$36 bil in US projects under Trump deal.
Japan plans to invest US$36 billion in US oil, gas and critical mineral projects, the first tranche of its US$550 billion commitment under the […]
Citi Sees Oil Prices Falling to $60 if Trump Secures Iran and Russia Deals.
According to Citi analysts, geopolitics will continue to provide support for oil prices in the immediate term, but they may later come […]
How Africa’s untapped $1 trillion gold reserves could redraw global economic map.
That is the central finding of a new report by the Africa Finance Corporation, which estimates that Africa hosts over $5 trillion […]
World copper rush promises new riches for Zambia.
Five years after becoming Africa’s first Covid-era debt defaulter, Zambia is seeing a dramatic turnaround in fortunes as major powers vie for […]
Trump administration strikes $9bn copper deal to challenge China.
Donald Trump’s administration has taken a major stake in an African copper mine amid a scramble for mineral resource supremacy over China. […]
Japan deep-sea hunt finds rare earths as it seeks to cut reliance on China.
Japan has announced the discovery of rare earth elements at record sea depths. The government said on Monday that a deep-sea test […]
Gold nears US$5,600 as safe-haven rush intensifies; silver blazes past US$120.
Gold advanced to a new record high near the US$5,600-an-ounce level on Thursday, as investors sought refuge from escalating geopolitical tensions and […]
Authorities raid Deutsche Bank offices in money laundering probe.
Deutsche Bank’s headquarters in Frankfurt and its office in Berlin were searched by German prosecutors and police on Wednesday in an investigation […]
China Opens Lithium Market to Overseas Investors.
China will open up futures markets for 14 commodities, including lithium carbonate and nickel, to foreign investor. The move comes a few […]
South Africa’s Rand surges against Dollar as gold hits record $5,000 per ounce.
At 07:03 GMT, the rand traded at 16.0475 against the dollar, up roughly 0.4% from its previous close and hovering near its […]