Tag: Gold
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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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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 Africaโs Sahel region โ notably Mali, Burkina Faso and Niger โ 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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US declares interest in developing African mining sector
CAPE TOWN, SOUTH AFRICA โ The administration of U.S. President Donald Trump is interested in developing the mining sector in Africa. On the first day of his second term, Trump signed an executive order focusing on minerals, mineral extraction, and mineral processing. “Mainly in the United States but if you read closely there are also…
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๐ฒ๐ฑ 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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Mineral wars: global conflicts fueled by West’s search for rare resources โ Part 1 & Part 2
The coming years are shaping up to exacerbate the global geoeconomics and military competition for the worldโs mineral resources, with President Trump openly eyeing 12 million sq km of territory containing untold riches. Here are the conflicts, present and future, to watch out for๐ โก๏ธ Ukraine ๐ The US โcannot affordโ to let Moscow achieve…
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Study sheds light on how gold reaches the Earthโs surface
Did you know gold is more plentiful than lead when you analyze the bulk composition of the Earth? Youโre probably thinking, โWait a minute, I thought gold was rare!โ deposits. Combining the results of this study with existing studies ultimately improves our understanding of how gold deposits form and can have a positive impact on…
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๐ฒ๐ฑ Mali’s Mining Revolution: A Nation Redefines Resource Sovereignty
The arid and gold-rich landscapes of Mali have borne witness to an extraordinary shiftโa quiet yet potent revolution unfolding far from the boardrooms of international conglomerates. For decades, this West African nation has been a key player in the global mining industry, its vast reserves of gold, uranium, manganese, bauxite, lithium, and iron ore drawing…
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Burkinabe Authorities Seize $2.28 Million Worth of Smuggled Gold Near Togo Border
Burkinabe customs and national police made a significant breakthrough in the fight against gold smuggling on Tuesday, December 17, 2024, by intercepting 28.6 kilograms of gold worth $2.28 million. The operation took place in Bittou, a city near the border of Togo, following an anonymous tip that exposed suspicious activities involving three individuals. The suspects…
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The South African gold mines taken over by criminal gangs
Authorities have resorted to siege tactics to โsmoke outโ thousands of miners trapped underground Down a shaft that plunged more than a mile below the earth in South Africaโs old mining heartland, a manโs life hung in the balance. After weeks working โ then later, trapped and starved by violent gang leaders โ in the…
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