Category: Mining
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🇧🇫 Endeavour Halts Underground Gold Mining at Mana After Access Ramp Subsides in Burkina Faso
Endeavour Mining has suspended underground operations at its Mana gold mine in Burkina Faso after an access ramp partially subsided, restricting access to two underground portals. No injuries were reported as the company conducts a geotechnical assessment and evaluates alternative production routes.
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🇬🇭 Abesua Bridge Collapse: Four Arrested as Galamsey Investigation Expands in Ghana
Four people, including two Unit Committee members, have been arrested after illegal mining activities allegedly contributed to the collapse of the River Kukubu bridge in Ghana’s Ashanti Region, cutting off several communities and disrupting schools, farming, trade and healthcare access.
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🇵🇪 Pecoy Copper Secures C$49.8 Million Strategic Financing Led by Hudbay Minerals
Pecoy Copper has secured commitments for C$49.8 million from Hudbay Minerals and another strategic investor to advance drilling, resource expansion and technical studies at its copper-gold project in southern Peru.
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🇹🇳 US Government Backs Push to Advance Tunisia’s Gasaat Phosphate Project
US government-backed funding is supporting a two-year programme led by CrossBoundary to connect PhosCo’s Gasaat phosphate project in Tunisia with US investors, commercial partners and technical expertise. The initiative targets up to $100 million in private investment, but the $1.5 million grant is not direct mine financing and no investment or offtake agreement has yet…
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🇿🇦 South Africa’s Mining Future: Why Climate Action and Economic Growth Must Move Together
South Africa’s mining industry is confronting a critical challenge: reducing emissions and strengthening climate resilience while attracting the investment needed to grow the sector, protect jobs and support economic development. At the Minerals Council South Africa’s inaugural Climate Change Day of Learning, industry leaders argued that climate ambition and economic growth must reinforce one another.
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🇺🇸 A2Gold Sells Nevada Gold Project as Miner Sharpens Focus on Core Assets
A2Gold has agreed to sell its Bolo Gold Project in Nevada to Super Gold Mining for C$1.5 million in shares, while retaining exposure to future exploration success through as much as C$2.8 million in contingent payments. The deal reflects a broader strategy of concentrating capital and technical resources on A2Gold’s core Eastside and Taylor projects.
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🇺🇬 Uganda’s $2.4 Million Dubai Gold Scam: Army Officer, Security Boss and Businessman Face Court Martial
Uganda gold scam, $2.4 million Dubai gold scam, Uganda General Court Martial, UPDF officer gold scam, Uganda gold exports, Uganda gold trade, Kampala gold fraud, Dubai gold investment scam, African gold trade, Uganda gold exports $5.8 billion
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🇦🇺Why Australian Mining Companies Are Looking to Guinea as Simandou Opens a New African Mining Era
Guinea is entering a new era of mining as Simandou begins exporting iron ore, bauxite production reaches record levels and international investors target gold, iron ore and mineral-processing opportunities. Australian-listed mining companies are increasingly appearing in Guinea’s expanding resource economy—but the bigger question is whether the country can turn mineral wealth and new infrastructure into…
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🇨🇦 Polish Investor Virtus Group Establishes Canadian Base to Recover Metals from Mine Dumps
Warsaw-listed Virtus Group has established operations in British Columbia to pursue recovery of base metals from post-mining and armament waste, with plans to build a project portfolio and potentially list on the TSX-V. The initiative remains unverified and at an early stage.
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DR Congo Suspends Artisanal Mining Agency Chief Over Failure to Prevent Illegal Activities
DR Congo’s mines minister has suspended SAEMAPE director general Jean-Paul Kadiobo Kapongo, accusing the state artisanal-mining agency of failing to prevent illegal mining on licensed concessions. The move could signal tighter government enforcement across the country’s informal mining sector.