Category: Mining
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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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🇱🇷 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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🇲🇱 Mali seizes 3 tons of gold from Canadian company
Mali’s military government has started seizing gold stocks of the Canadian mining company Barrick as part of a legal battle over the share of revenue owed to the West African state, according to an internal Barrick letter seen by The Associated Press. The letter from CEO Mark Bristow to the Malian Mining Minister, dated Monday,…
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Chinese Miners Released Despite Operating Illegally in the DRC, Sparking Outrage
On December 24, 2024, the Congolese government released 14 of the 17 Chinese nationals arrested the previous week for operating an illegal gold mine in Karhembo, South Kivu Province. The arrests had followed an unannounced raid by local authorities on the unlicensed mining operation. The released individuals are now en route back to China, while…