International news within the industry of mining and metal, May, 22 2019
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Australian miner invests in African project

Photo: Iron Ridge
Photo: Iron Ridge
Published by
Jaroslaw Adamowski - 06 Mar 2019

African investments Australian miner IronRidge Resources has un-veiled progress on its Ewoyaa project and new Abonko discovery in Ghana.

The company announced in a statement "multiple new high-grade lithium pegmatite reverse circulation ... drilling intersections" at the West African asset.

"The recently discovered high-grade spodumene dominant pegma-tites at Abonko, and around Ewoyaa, is significant as it adds further resource scale potential," said Vincent Mascolo, the chief executive and managing director of IronRidge Resources, as quoted in the statement.

The Australian company says it is focused on minerals exploration projects in Africa. These include investments in Chad, Gabon, and Ivory Coast, among others.

Cobalt mine in Democratic Republic Congo. About half of all mined cobalt comes from DRC, mainly from the province of Katanga. The mining takes place close to towns and villages. Local communities regularly are cut off from their farmland and water sources near mines, without having had a say in the matter. There are several examples of forced relocations of entire villages. Inhabitants of the village Kishiba, for example, were forced to move to make way for Frontier, a cobalt and copper mine. Their new homes in Kimfumpa lack the most basic of services such as clean water, fertile farmland, schools and health care. Photo: ECCJ Secretariat
Cobalt mine in Democratic Republic Congo. About half of all mined cobalt comes from DRC, mainly from the province of Katanga. The mining takes place close to towns and villages. Local communities regularly are cut off from their farmland and water sources near mines, without having had a say in the matter. There are several examples of forced relocations of entire villages. Inhabitants of the village Kishiba, for example, were forced to move to make way for Frontier, a cobalt and copper mine. Their new homes in Kimfumpa lack the most basic of services such as clean water, fertile farmland, schools and health care. Photo: ECCJ Secretariat

Chinese control half of the Congo's cobalt