Category: Mining
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๐ฑ๐ท How Much Revenue Liberia Has Lost Under AMLโs Monopoly
Liberia may finally be in a position to reclaim what policy analysts are calling โthe years that the locusts have eaten,โ as new economic data reveals the staggering scale of revenue the country has lost under ArcelorMittal Liberiaโs near-exclusive control of the YekepaโBuchanan railway. With President Joseph Nyuma Boakai, Sr. having returned the companyโs Third…
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๐ฌ๐ญ Ghana Reportedly Seizes Mining Equipment in Crackdown on Illegal Forest Operations
A joint task force in Ghana has confiscated seven excavators and 18 water pumps during a raid on illegal mining operations in the environmentally sensitive Neung South Forest Reserve, local media reported. The operation is reportedly part of ongoing efforts to combat “galamsey” (illegal small-scale mining) that has devastated forest reserves and polluted rivers. The…
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๐ฒ๐ฟ In Mozambique, a group of illegal miners killed two police officers guarding a ruby mine.
“A group of about 40 illegal miners came to the gates of the Montepuez Ruby Mining. They attacked Mozambican police officers at the gates and killed two,” said a statement from the British mining company Gemfields, which owns the site. The company reported that the attack is related to a clash between district immigration authorities…
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๐ฌ๐ญAsante plans to spend $6.4 million on gold exploration at Chirano and Bibiani mines in Ghana
Asante Gold is investing more than 9 million Canadian dollars in gold exploration at the Chirano and Bibiani mines in Ghana. CEO Dave Anthony noted that these funds will accelerate exploration work and support long-term planning. At Chirano, 15,000 meters of drilling are planned by the end of 2025 to assess resources and search for…
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๐ฌ๐ถ Equatorial Guinea plans to engage foreign company for geological exploration
The government of Equatorial Guinea has decided to expand studies of the countryโs subsoil to obtain accurate data on its mineral resources with the assistance of a foreign company. This was reported by the AhoraEG portal following a meeting chaired by Vice-President Teodoro Nguema Obiang Mangue in the city of Ciudad de la Paz. It…
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๐ฌ๐ณ Guinea: A Small Nation with Massive Mineral Wealth Poised to Shape Global Tech Industry
Though modest in size, Guinea is a giant when it comes to mineral resources. Nestled in West Africa, this nation holds the worldโs largest reserves of bauxiteโa key ingredient in aluminum productionโand is emerging as a potential powerhouse in supplying gallium, a critical mineral for semiconductors. With China recently restricting gallium exports, Guineaโs strategic importance…
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๐ฌ๐ณGuinea revokes bauxite mining permit from UAE-based company
Guineaโs transitional president, Mamady Doumbouya, has signed a decree cancelling the mineral extraction concession, specifically for bauxite, granted to Guinea Alumina Corporation (GAC), a subsidiary of the Emirates Global Aluminium conglomerate based in the United Arab Emirates. This was reported by the local news portal Investigator Guinee. The revocation of the mining permit is linked…
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๐ฌ๐ญ 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 yearโs 4.8 million ounces, according to projections by the…
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๐ง๐ซ 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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๐ฌ๐ณ Nimba Iron Ore Project Eyes Ivorian Ports, Raising Questions for Liberiaโs Mining Future
Pan-African News Blog The Nimba Development Company (NDC) is currently in advanced discussions with port authorities in Cรดte 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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