· China's biggest cryptocurrency mining machinemaker Bitmain announced that the company has suspended selling machines in the spot market globally as selling pressure piles up in the secondary market.
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· Military coup could cruel China's plans for mining in Guinea. On 5 September, Guinea's special forces took control of the country, detaining the president, Alpha Conde, and suspending the constitution. Citing endemic corruption, human rights abuses and poverty, coup leader Lieutenant Colonel Mamady Doumbouya announced the next day that a ...
· Into Africa: the US' drive for African rare earth minerals. By JP Casey 18 Sep 2019. Despite the US's neartotal reliance on China as a source of rare earth minerals, the two countries have escalated a trade war that could see the US deprived of some of the most valuable minerals in the technology sector. Africa has emerged as an ...
· Figures of the week: Chinese investment in Africa. This week, as the Forum on ChinaAfrica Cooperation (FOCAC) opened, President Xi Jinping announced that China will be .
· Lithium mining in DRC could make it a top global supplier. Although it does not yet produce lithium, the Democratic Republic of Congo looks set to become one of the world's suppliers of this metal, classified as strategic by the Congolese authorities in 2018, by as early as 2022. In the provinces of Tanganyika and HautLomami, in the southeast ...
· "The event was born out of the growing demand to connect mining projects in Africa and around the globe with a new wave of Chinese capital unlikely to be present at any other African mining .
· China is now Africa's biggest trade partner, with SinoAfrican trade topping 200 billion per to McKinsey, over 10,000 Chinese .
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· Though China loaned a whopping on the continent between 2000 and 2015, researchers at the China Africa Research Initiative found most of this was spent addressing Africa.
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· China is Africa's biggest and strongest ally and in recent years has pumped millions of dollars into the continent. At the close of the 2018 ChinaAfrica Forum for Cooperation (FOCAC) summit held in Beijing, the world's second biggest economy announced that it had set up a new R900 billion (60 billion) kitty meant for Africa's development.
· China has long been home to more than half the world's bitcoin miners, but now, Beijing wants them out ASAP. In May, the government called for a severe crackdown on bitcoin mining .
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Chinese tycoon seeks majority share in company owning Letlhakane uranium mine project: He Jiandong, a Chinese engineering tycoon, has mounted a US5 million bid for control of ACap Energy, the firm developing the Letlhakane Uranium Mine near Serule which is ranked in the world's top 10 undeveloped uranium projects.