Written By Tshepo Magagane I would be eyeing Escondida if I were them – Stake at holdco is let us say about 10bn greater than Q&D NAV of 30% of Escondida – so you get that 30% in Escondida! And that 10 you say, give us Oyu…and go Glencore, we will give you a marketing […]
Davos 2026: The Intersection of Intelligence and Infrastructure
Shared Experiences By Ceaser Siwale The World Economic Forum (WEF) and INSEAD 56th Annual Meeting in Davos, held from January 19–23, 2026, marked a decisive pivot in the global energy narrative. Under the theme “A Spirit of Dialogue,” the focus shifted from long-term climate ambition to the immediate, physical realities of energy security, industrial competition, and the resource-intensive nature of the AI revolution. Highlights […]
When the network drops, men suffer the most.
[“Can you hear me now?” Everyone’s complaining about dropped calls, network congestion, poor signal strength and interference among a glut of issues. This seems to affect everybody but no more than it does the average Zambian man. ] Over a lifetime, a man builds his own network. The childhood friends he grows up with in his […]
“Commodities” – can you procure them as is conventional wisdom going forward?
Views By Tshepo Magagane “Commodities” – can you procure them as is conventional wisdom going forward? Conversations with the majority of people from the West will have you going “wtf is that” – not even angry, just “wtf was that”! [Actual strategic ownership includes the control of the offtake contracts coming from that mine, the […]
The Red Metal Renaissance: Navigating the Path to the $20,000 Tonne
Observations By Ceaser Siwale As we close the week with copper trading just shy of USD 12,000 per tonne, the market is sending a clear signal: the era of cheap copper is over. The global market has entered a period of definitive structural transformation, shedding its historical cyclicity to embrace a narrative of secular scarcity. […]
Copper on Steroids: Red Metal Charges Toward $12,000 on Supply Crunch and Fed Cut Hopes
Mutisunge Zulu Chief Risk Officer | Global Executive PhD Cand. Business Mgt, AI & Strategy at ESCP Business School | Global Executive MBA (Manchester) | Advanced Management Program (Harvard) | December 10, 2025 Copper’s surge toward $12,000 per ton is not just another chapter in commodity-market volatility – it is the clearest indication yet that […]
Op-ed: The Scramble for Africa’s Minerals Continues. This Time, Africans Must Write the Rules.
The US-DRC deal and Lobito Corridor represent a historic moment. Whether it becomes a turning point depends on choices African governments make now. By Savior Mwambwa December 9, 2025 The ink on the US-DRC Strategic Partnership Agreement signed last week in Washington is barely dry, but its implications will reverberate across the continent for decades. […]
When Copper Breaks the Model: Three Futures No One Planned For
Written By: Mutisunge Zulu Chief Risk Officer | Global Executive PhD Cand. Business Mgt, AI & Strategy at ESCP Business School | Global Executive MBA (Manchester) Copper’s breach above $11,000/MT didn’t just surprise markets, it invalidated the analytical architecture many of us have used for decades. What the industry long regarded as a cyclical industrial […]
MAC Clause
You just cant pull out of deals because you have 2nd thoughts! Same thing is going to happen with the Anglo coal assets. Anglo will also get another boost as they are going to plug higher LT coal prices in models now (and the stars aligning with the IEA coming back with scenarios of longer coal […]
Copper Supply Shocks!
By Tshepo Magagane It is so difficult to explain to people outside the industry what the challenges are with copper supply are. Even if you assume just 35Mtpa by 2030 (see that I am not even talking about 50Mtpa) – give me a list of new projects out there that can produce just 200ktpa? 200ktpa […]