"The DRC market has changed significantly in the last few years, becoming more fragmented and more Chinese-dominated, whereas the typical large-scale miners like Glencore have reduced capacity."
"We have been involved in several acquisitions of either companies or properties over the past year or two. This trend is continuing, with a lot of US and multinational corporations acquiring projects or mining companies in Québec."
"In 2019, we opened an office in Elko, Nevada, committing to our local presence and hiring people from the Elko community. We wanted to officially become part of this region."
MACIG 2025 - Mining in Africa Country Investment Guide
It is said that mining is a patient industry. Current demand projections are not. Demand for minerals deemed ‘critical’ is set to increase almost fourfold by 2030, according to the UN. Demand for nickel, cobalt and lithium is predicted to double, triple and rise ten-fold, respectively, between 2022 and 2050. The world will need to mine more copper between 2018 and 2050 than it has mined throughout history. 2050 is also the deadline to curb emissions before reaching a point of ‘no return.’ The pace of mineral demand and the consequences of not meeting it force the industry to act fast and take more risks. Mining cannot afford to be a patient industry anymore. The scramble for supply drives miners back to geological credentials, and therefore to places like the African Central Copperbelt.