Category: Mining
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🇬🇳 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 world’s largest reserves of bauxite—a key ingredient in aluminum production—and is emerging as a potential powerhouse in supplying gallium, a critical mineral for semiconductors. With China recently restricting gallium exports, Guinea’s strategic importance…
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🇬🇳Guinea revokes bauxite mining permit from UAE-based company
Guinea’s 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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🇬🇭 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 year’s 4.8 million ounces, according to projections by the…
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🇧🇫 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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🇬🇳 Nimba Iron Ore Project Eyes Ivorian Ports, Raising Questions for Liberia’s Mining Future
Pan-African News Blog The Nimba Development Company (NDC) is currently in advanced discussions with port authorities in Côte 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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🇱🇷 Over a dozen Burkinabés flee illegal mining site as Bong authorities launch crackdown
Gbankonah, Bong County — Authorities in Bong County say more than a dozen Burkinabé 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 – April 20, 2025 — 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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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 Africa’s Sahel region – notably Mali, Burkina Faso and Niger – 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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Gov’t to Reclaim Putu Mountain from Russian Investors
The government of Liberia, through the Executive Branch, has announced that the Liberian government has initiated process of terminating the Mineral development Agreement (MDA) signed between the government of Liberia and Severstal, a Russian-affiliated company, to reclaim ownership of the Putu mountain in Grand Gedeh, which is valued at about US$12 billion. Putu Mountain comprises…
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🇿🇦 ArcelorMittal shutdown: worry about socio-economic catastrophe
There are concerns that ArcelorMittal’s decision to shut down its long steel business will lead to a socio-economic catastrophe. While government is said to have done nothing about the reasons for the shutdown, the department of trade, industry and competition says it still wants to prevent the shutdown. ArcelorMittal South Africa (AMSA) made a final…
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