Tag: mining sector
US declares interest in developing African mining sector
CAPE TOWN, SOUTH AFRICA β 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…
π²π± 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,…
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…
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