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UAE-Zambia deal signals new interest in African mining

Location:

UAE/ZAMBIA

Many observers had anticipated a Chinese takeover, as attention has generally been focused on perceived Chinese dominance in the region’s mining industry. However, this deal makes…

Zambia’s mining targets appear unachievable

Location:

ZAMBIA

Zambia’s economy is heavily dependent on copper, and the government is seeking to boost production to 3 million tonnes by 2030 to leverage rising global demand for copper due to…

Rapid recovery will prove elusive in Argentina

Location:

ARGENTINA

The primary surplus (0.6% of GDP) was driven by a 35% real fall in primary spending, which offset a recession-induced 4.5% drop in revenues. Month-on-month inflation has also…

Colombia’s new mining law poses regulatory risks

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COLOMBIA

The government proposes banning new contracts for thermal coal exploitation, shortening timeframes for mining exploration and introducing new environmental regulations that could…

South Africa mining slump hurts ANC election campaign

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SOUTH AFRICA

The timing is disastrous for the ruling ANC party, which faces elections in May with its support already crumbling, in part due to its poor performance on economic issues. Major…

Manama will struggle to vary its investor offering

Location:

BAHRAIN

The Economic Development Board (EDB), the country’s investment promotion agency, announced in March that its ‘golden licence’ scheme of incentives for local and foreign investors…