Category: Minerals
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π¬π Ghana targets record gold haul in 2025
Keypoints: Ghana forecasts up to 5.1m oz of gold in 2025Artisanal mining and new projects drive growthAgeing mines, smuggling, and licensing still pose challenges GHANA is set to push its gold output to a potential new record of 5.1 million ounces in 2025, up from last yearβs 4.8 million ounces, according to projections by the…
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π§π« West African Resources agrees to increase Burkina Faso’s equity interest in projects to 15%
Australia-listed West African Resources, which owns and operates the Sanbrado, Kiaka and Toega projects in Burkina Faso, has agreed to increase the State’s free-carried equity interest in the projects to 15%, from the 10% previously held by the State. This change is in line with the new Burkina Faso Mining Code, which was adopted in…
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π¬π³ Nimba Iron Ore Project Eyes Ivorian Ports, Raising Questions for Liberiaβs Mining Future
Pan-African News Blog The Nimba Development Company (NDC) is currently in advanced discussions with port authorities in CΓ΄te d’Ivoire, specifically the ports of Abidjan and San Pedro, to serve as export gateways for its planned iron ore production from the Nimba Mountains. The company aims to export up to 3 million tonnes of iron ore…
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π±π· Over a dozen BurkinabΓ©s flee illegal mining site as Bong authorities launch crackdown
Gbankonah, Bong County β Authorities in Bong County say more than a dozen BurkinabΓ© nationals are on the run following the discovery of a hazardous and illegal mining operation in the Gbankonah area of District 4. The bust followed an unannounced inspection by a joint task force comprising Bong County Superintendent Loleyah Hawa Norris, County Attorney…
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Ghana Restructures Gold Trade: Foreign Companies Ordered Out of Small-Scale Sector by April 2025
Accra, Ghana β April 20, 2025 β In a bold move to reshape its gold industry and clamp down on illegal mining, the Republic of Ghana has announced sweeping reforms to its small-scale gold sector. Effective April 30, 2025, all foreign companies involved in the trade of small-scale gold must exit the market. Only state-affiliated…
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Liberia: Dweh Community Residents Decry Mercury, Cyanide Pollution, Fear Water and Agriculture Threats
MAT HOUSE TOWN, GRAND BASSA COUNTY β Tension is mounting in Mat House Town, Grand Bassa County, as residents fiercely oppose the presence of a Chinese mining company, Hongtu Mining Company Limited (PL10040024). The company is accused of illegal mining activities, insecurity, and severe environmental degradation. Hongtu Mining Company Limited, which holds a prospecting license,…
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π¨π©Congo suspends cobalt exports for four months amid glut
The Democratic Republic of Congo says itβs suspending cobalt exports for four months to rein in oversupply of the battery metal on the international market. Cobalt production in Congo β which produces about three-quarters of the material used in electric-vehicle batteries β has soared in recent years, as Chinaβs CMOC Group Ltd. ramped up output…
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Allegations of $75,000 Misappropriation: Rustonlyn Suacoco Dennis Under Investigation at NOCAL
In recent developments, Rustonlyn Suacoco Dennis, the President and Chief Executive Officer of the National Oil Company of Liberia (NOCAL), has been implicated in allegations concerning the misappropriation of $75,000 USD from the company. These allegations have raised significant concerns about financial management and accountability within Liberia’s state-owned enterprises. Background on NOCAL Established by an…
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Why is there so much gold in west Africa?
Gold in the region: Gold in west Africa: Origins, reserves, and modern exploration techniques. Militaries that have taken power in Africaβs Sahel region β notably Mali, Burkina Faso and Niger β have put pressure on western mining firms for a fairer distribution of revenue from the lucrative mining sector. Gold is one of the resources…
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US declares interest in developing African mining sector
CAPE TOWN, SOUTH AFRICA β The administration of U.S. President Donald Trump is interested in developing the mining sector in Africa. On the first day of his second term, Trump signed an executive order focusing on minerals, mineral extraction, and mineral processing. “Mainly in the United States but if you read closely there are also…
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