Category: Minerals
-
Resolute Mining Executives Detained in Mali: A Setback for Australian Gold Operations in West Africa
Three senior executives from Resolute Mining, a Perth-based mining company with significant interests in West Africa, have been unexpectedly detained in Mali. The detainees include CEO Terence Holohan, alongside two other senior figures within the organization. The incident has raised concerns both within the company and among investors, causing a sharp decline in the companyโs…
-
๐ฒ๐ฑ New era of sovereignty in Mali’s gold sector
Mali, one of Africaโs largest gold producers, is undergoing a radical transformation in its mining sector. The Malian government is intensifying its efforts to recover between 300 and 600 billion FCFA in unpaid taxes and dividends, particularly from foreign mining giants like Barrick Gold. The recent arrest of Resolute Miningโs CEO, Terence Holohan, in November…
-
๐ฟ๐ฒ๐จ๐ณ China pledges $5 billion investment in Zambia’s mining sector through new association
China has officially launched the Chinese Mining Enterprise Association in Zambia (CMEAZ), a strategic initiative aimed at boosting the Zambian mining industry with a projected $5 billion investment by 2031. The launch event took place in Lusaka on November 12, where Zambia’s Mines and Minerals Development Minister, Paul Kabuswe, highlighted the significant role this association…
-
๐ฒ๐ฑ Mali detains 3 Australian mining firm executives
Three expat executives from Australian company Resolute Mining, which owns a gold mine in Mali, have been detained for questioning, industry and judiciary sources told AFP on Saturday. It is the second time in just over a month that employees of a foreign mining firm have been detained in Mali, as the ruling military junta…
-
๐ฌ๐ญ Ghana opens its largest single gold mine
Ghana has commissioned its largest single gold mine in a historic milestone. The mine, established by Chinese-owned company Shandong Gold through its subsidiary Cardinal Namdini Gold Limited, is located in the Talensi District of the Upper East Region. The open-pit mine is expected to operate for 15 years, producing around five million ounces of gold…
-
๐ง๐ผ Botswana’s new president aims to finalise De Beers diamond sales pact soon
Botswana’s new president Duma Boko said on Friday he wanted to conclude talks for a new sales pact with global diamonds mining giant De Beers as soon as possible. “The relationship with De Beers could have been damaged by the way the negotiations were handled,” President Boko said in a televised statement from Gaborone, Botswana’s…
-
French nuclear multinational Orano halts uranium output at Niger’s Arlit mine amid financial strain
Orano will suspend production at its Arlit uranium mine in northern Niger due to financial difficulties faced by its Nigerien subsidiary, Somaรฏr. The decision comes as border closures between Niger and Benin, triggered by the July 2023 coup, have blocked all uranium exports. The Arlit uranium mine in northern Niger is operated by its local…
-
๐ง๐ผ 1,094-Carat Diamond found in Botswana, one of the largest ever
A massive 1,094-carat diamond has been recovered from the Karowe mine in Botswana. This is the second discovery of a diamond weighing over 1000 carats at the mine this year. The newly found diamond shares similarities with a 692-carat diamond discovered earlier in 2023. Both are expected to yield high-value polished stones through an ongoing…
-
BRICS+ countries launches a dialog platform on the diamond industry, the Russian Finance Ministry said
“Within the framework of the Russian BRICS Presidency, the inaugural meeting of the informal dialogue platform on cooperation in the diamond industry was held in Moscow on October 9 in a hybrid format on the sidelines of the meeting of BRICS finance ministers and central bank governors,” the ministry said in a statement after the…
-
Zambiaโs Copper Wealth: The Exploitation by Multinational Giant Glencore
Zambia, a landlocked country nestled in the heart of Africa, is home to one of the worldโs largest copper reserves. Known as “the Copperbelt,” the region has historically attracted international attention for its rich mineral resources, positioning Zambia as a crucial player in the global copper market. However, beneath the surface of this wealth lies…
Recent Posts
- ๐จ๐ซ Miss Central African Republic 2026 final held in Bangui
- ๐ฑ๐ท A Cry in Suakoko: Murder of Quita Jackson Ignites Protests and Exposes Community Trauma in Liberia
- ๐บ๐ฌ Ugandan Priest detained by Military amid rising election tensions
- ๐ธ๐ด 90,000 Somalis โOut by Dawnโ as Trumpโs โDeportation Troopsโ Empty Minneapolis
- ๐ฎ๐ณ๐ฎ๐ฑ India on High Terror Alert: Jewish Communities and Major Cities Targeted
Dateline: New Delhi, India
Tags
Africa African Union Algeria Banking Sector Burkina Faso China Cryptocurrency DRC ECOWAS Egypt Ethiopia France Ghana Gold Guinea Haiti Immigration Kenya Liberia Libya Mali Military Industries Mining Morocco Niger Nigeria Oil & Gas Industry Pan-Africanism Pan African Nations Presidential Elections Protest Republic of Liberia Russia Senegal Sierra Leone Somalia South Africa Sudan Tanzania Uganda United Nations United States United States of America West Africa Zimbabwe
Comments
Wow wonderful blog layout How long have you been blogging for you make blogging look easy The overall look of…
๐๐๐๐๐๐ค ๐๐ ๐ฃ ๐ฅ๐๐ ๐ฆ๐ก๐๐๐ฅ๐ .