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In recent years, central banks in several African nations, including Nigeria and Ghana, have started gold-purchasing programs. These programs boost...
AngloGold Ashanti operates many major gold mines in Africa, including the Obuasi and Iduapriem mines in Ghana, Siguiri in Guinea, and Geita in Tanzania....
Four employees from Barrick Gold, a Canadian mining company, were detained in Mali in September 2024 amid accusations from the government regarding...
Sabodala-Massawa and Mako are the two industrial gold mines currently active in Senegal. The mines are managed by Endeavour Mining and Resolute Mining....
Valued at $700 billion, Nigeria's mineral resources include iron, lithium, gold, and coal. To tap into this potential, the country launched several...
With the ability to produce 4,000 tonnes of cobalt and 40,000 tonnes of nickel each year, the Ambatovy mine significantly contributes to Madagascar's...
Saudi Arabia has established a company to invest in global mining operations. After acquiring a 10% stake in Brazil's Vale Group in 2023, Manara Minerals,...
In September 2023, the United States announced a $150 million loan to Australia’s Syrah Resources, which operates Africa's largest graphite mine in...
The Simandou iron ore deposit in Guinea is set to start production by the end of 2025, pending the completion of the railroad and port construction....
For several years, Emmerson has focused on the Khemisset potash project in Morocco, with plans to produce more than 700,000 tonnes of potash each year...
The world’s top steel producer and Chinese giant BaoWu is among the actors financing the development of Guinea's Simandou project, the world’s largest...
Côte d'Ivoire could increase its gold production to 100 tonnes a year by 2029, up from 51 tonnes in 2023. The country aims to achieve this goal with new...
Morocco is Africa's top silver producer. This year, one of its silver mining companies expanded the Zgounder mine to boost production by at least 36% by...
The price of gold has increased by 30% since the start of the year, benefiting Burkina Faso, where gold constitutes 77% of exports, 16% of GDP, and 22% of...
Côte d'Ivoire's gold potential is estimated at 600 tonnes. The country is looking for new viable deposits to bolster its gold production, which hit 51...
Last month, AngloGold Ashanti sealed a $2.5 billion deal to acquire Centamin. The move will give the South African company control of Egypt's...
Saudi Arabia is set to enter Zambia’s copper sector through a partnership with First Quantum Minerals. In 2023, Saudi Arabia established a company focused...
Manganese is Gabon’s third-largest export after oil and timber. Most of the country’s production comes from Eramet, a French company. The firm, however,...
exploration in Côte d'Ivoire. Aurum is set to release its first resource estimate for the Boundiali project by the end of 2024, while Mako has a project...
Gécamines has started exporting germanium concentrate from its new hydrometallurgical plant in the DR Congo. Commissioned in October 2023, the plant...
Kamoa Copper recently disclosed its results for the third quarter of 2024. Over the period, it milled 3.3 million tonnes of ore and produced a record...
Niger will not export any uranium in 2024 due to several factors. Uranium typically makes up 15 to 20% of Niger's exports, significantly more than other...
Canadian firm Dynacor plans to invest in artisanal gold mining in Senegal. The sector employs tens of thousands of people and produces 7 tonnes of gold...
The DR Congo government has released its draft Finance Act for 2025, proposing a budget increase of 21%, totaling 49,847 billion Congolese francs...
Mali has granted a 10-year mining permit for the Sadiola gold mine, which was set to expire on August 1, 2024. The mine produced 171,007 ounces of gold in...
The Séguéla gold mine in Côte d'Ivoire, which began operations in May 2023, is on track to produce 4 tonnes of gold in 2024. According to Fortuna Mining,...
Australian company Genmin has raised $AU10 million (around $US6.8 million) to support its Baniaka iron ore project in Gabon. The project is...
Due to insecurity, several gold mines have closed in Burkina Faso, causing production to drop. Most active mines in the country are controlled by foreign...
On September 20, 2024, a press conference was held on the 20th floor of the SCIAM building in Abidjan to launch the first Hackathon for the Salon...
After several delays, the start of commercial production at the Kouroussa gold mine in Guinea has been pushed back to Q4 2024. Originally scheduled...
The Democratic Republic of Congo (DRC) is the world's top cobalt producer and the second-largest producer of copper. Both minerals are essential for...
By 2035,  90% of the world's nickel supply will be unprotected by existing US free trade agreements, according to S&P Global. This scenario is...
Botswana’s copper industry keeps growing, with two mines launched between 2021 and 2023. As copper becomes vital for the country's energy transition,...
Cobalt prices in the Democratic Republic of the Congo (DRC) have fallen to their lowest level since 2016. The DRC is the world's largest cobalt producer,...
The price of uranium surpassed $100 per pound in early 2024, a record it had not reached since 2007. The surge was driven by renewed interest in...

ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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