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Congo
Bittersweet victory for ex-CEO of Canada's MagIndustries

Though he has won his litigation against MagIndustries, Longbo Chen will have a hard time obtaining the $700,000 compensation award from his former employer. The Canadian firm's parent company is in liquidation and its owner is under arrest in China. [...]
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Cameroon, Congo
Sundance sets out its grievances against Brazzaville and Yaoundé over Nabeba-Mbalam iron ore

As it considers whether to go to arbitration with Congo and Cameroon over the unilateral decision to rescind its iron ore mining permit for Nabeba-Mbalam, Australia's Sundance Resources is claiming that the two states breached a series of agreements and did not inform them in time of their intentions.

LogoSubscribers only Mining 18.12.2020

DRC, Zimbabwe
3T leader AfriMet plans to break into battery metals

AfriMet, which has pumped half a million dollars into lithium developer Tantalex Resources in the DRC, is keen to get involved in other countries rich in the metal, with Zimbabwe top of the list. The move is a way of diversifying into battery metals, which are in great demand for electronics, a sector AfriMet already serves as a "3T" trader.

LogoSubscribers only Mining 15.12.2020

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