Weekly summary report : Mining sector

Power Brokers and their Connections

Published this week in the MINING SECTOR section IN FOCUS  RWANDA _ _  DRC _ _  GREAT LAKES _ _  17/05/2021 _ _   DRC wants back in driver's seat on coltan     Tired of seeing coltan from its Kivu and Tanganyika mines processed and re-exported by its neighbours, Kinshasa plans to create facilities and smelters to process the ore on site. The initiative comes amid a warming of relations between the DRC and Rwanda, the country through which most of its coltan passes.  [...]  INNER CIRCLES _ _  SOUTH AFRICA _ _  21/05/2021 _ _   The behind-the-scenes power players at the redoubtable Department of Mineral Resources and Energy   The Department of Mineral Resources and Energy is used to making the headlines in the South African press over its management of the country's electricity supply network. It also plays a crucial role, however, in the functioning of South Africa's tentacular mining sector. At its head are a number of individuals who are as powerful as they are little known.  [...]  DRC _ _  20/05/2021 _ _   Glencore close to settling tax dispute with Kinshasa   Congolese tax authorities and Glencore are currently in discussions over the hefty tax adjustment demanded for 2017 and 2018.  [...]      DRC _ _  20/05/2021 _ _   Presidential envoy and mining entrepreneur Luc Gérard Nyafé set to buy Banro's gold   Luc Gérard Nyafé, the ambassador-at-large who runs Auplata, looks to be on the verge of clinching the purchase of the Namoya goldmine that Banro has been trying to offload for months.  [...]      LIBERIA _ _  GUINEA _ _  19/05/2021 _ _   Guinean iron taken hostage by Liberian politics   President George Weah's political opponents say they are concerned about the deal between the governments in Monrovia and Conakry on the transportation of Guinean iron via Liberia. Their concern is partly motivated by domestic issues.  [...]      BURKINA FASO _ _  IVORY COAST _ _  18/05/2021 _ _   Fortuna Silver's takeover of Roxgold offers it new prospects in silver as well as gold   Fortuna Silver has taken over Roxgold to increase its gold production but the deal could also boost its output of silver. Roxgold's mines in West Africa contain a little silver as well as gold.  [...]      UNITED STATES _ _  BURUNDI _ _  21/05/2021 _ _   Adonis Pouroulis brings on board Trump's special envoy for Great Lakes Discover our subscription offers

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