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The mines where DRC workers earn less than R40 a day - study finds mass exploitation at cobalt mines

A new report detailing two years of research has found that the extraction of cobalt from mines in the Democratic Republic of the Congo is happening under inhumane conditions. ....

Democratic Republic Of The Congo , United Kingdom , Getty Imagesfranco Origlia , Juridico Judiciaire , Mukenge Zaluke , Eurasian Resources Group Metalkol , China Nonferrous Metal Mining Company , Panda International Congo , Accountability In Development , Glencore Kamoto Copper Company , Labour Court , Democratic Republic , Kamoto Copper Company , Eurasian Resources Group , China Molybdenum , Tenke Fungurume Mining , Aide Juridico Judiciaire , Imagesfranco Origlia , Benchmark Mineral Intelligence ,

This photo shows the Sart Canal bridge in Belgium, not the Kafubu River in Zambia

Copyright AFP 2017-2021. All rights reserved.
An image shared on Facebook showing a raised canal built across a traffic intersection has been shared on Facebook with the claim that the waterway is the Kafubu River in Zambia. However, this is false; the aerial picture actually shows a canal bridge in Belgium.
This Facebook post published on May 24, 2021, includes the image which shows a working canal spanning a large traffic intersection, surrounded by green fields.
“Just Incase you’ve never been to Ndola Copperbelt this is an aerial Photo of Kafubu River ! Photo credit : Evans Kabesha,” reads the post’s caption. ....

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Global cobalt production capacity expected to be cash positive in 2021 - report

Global cobalt production capacity expected to be cash positive in 2021 – report
The Dewiza operation came online in 2020 with low sustaining costs on a unit cobalt basis.
(Image courtesy of Copper China).
Market analyst Roskill forecasts that cobalt’s all-in sustaining cost of production will fall by around 2% y-o-y in 2021, from $23,085/t to $22,600t.
In a recent report, Roskill explains that, as a result of this prediction, it estimates that over 98% of cobalt production capacity will be cash positive on an all-in sustaining cost (AISC) basis, based on cobalt price circa $39,700/t.
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