Latest news with #miner
Reuters
23-05-2025
- Business
- Reuters
Zijin Mining pauses some operations in Kamoa-Kakula copper mine
BEIJING, May 23 (Reuters) - Chinese miner Zijin said it paused some operations in its Kamoa-Kakula copper mine in the Democratic Republic of Congo due to recent mine tremors of unknown cause, according to a stock exchange filing by the company on Friday. Relevant people and equipments have been evacuated from the mines affected, and no injuries have occurred, the company said.
Bloomberg
12-05-2025
- Business
- Bloomberg
China's Rare Earth Curbs Have ‘Changed Psychology' at US Firms
China's weaponization of rare earths in its trade war with the US will spark a much greater focus on American supply security for critical minerals, according to MP Materials Corp., the only US miner of the key materials used in smartphones and defense applications. 'Regardless of how trade negotiations evolve from here, the system as it existed is broken, and the rare-earth Humpty Dumpty, so to speak, is not getting put back together,' the miner's Chief Executive Officer, Jim Litinsky, said on an earnings call last Friday.
Times
09-05-2025
- General
- Times
Inside the mines fuelling Congo's brutal war — and the world's tech
Across the jagged scar of the hillside, white against the lush green, tiny figures scurry like worker ants, hauling, washing and bagging precious minerals pulled from the earth. Men and boys, their faces caked in white manganese, navigate paths slippery with laterite, their shoulders bowed with sacks. At a rinsing pit, the mine manager, Patrice Musafiri, swirls his hands through a bucket of black stones. 'Coltan,' he declares. 'Without it a mobile phone cannot function. Modern life cannot function. Everyone in the world needs what is here.' This is the Rubaya mine in the eastern Democratic Republic of Congo, an area ravaged by conflict stemming back to the 1994 Rwandan genocide and fuelled by three decades of the world's growing thirst for technology-critical minerals. The
