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Located in Worodougou, 500 km from Abidjan, the Séguéla open-pit mine began operations in 2023. It is projected to produce an annual average of 133,000...
As the world's largest chromium producer, South Africa relies heavily on Mozambique's Maputo port for up to 50% of its mineral exports. However, the...
The Afema gold project, situated 120 km southeast of Abidjan, was originally managed by Sodim, which now holds a 20% stake. Recently, Turaco Gold, an...
Aura Energy, the owner of the Tiris uranium project in Mauritania, plans to commence operations at what could be the country's first uranium mine by 2026....
Sarama Resources has initiated arbitration proceedings against Burkina Faso, claiming $115 million in damages following the withdrawal of its mining...
Lithium prices significantly dropped over the past two years,  due to a slower demand and oversupply. However, the long-term outlook for lithium...
Mozambique has been engulfed in deadly protests since October 2024, triggered by the ruling party's victory in the recent presidential election. This...
Following the suspension of uranium production in October 2024, Orano decided in November to cut back on specific expenses related to its mining...
Perseus Mining acquired the Nyanzaga gold project this year, potentially its fourth gold mine in Africa. Though it delayed to secure the necessary...
Following an 8% rise in 2023, gold prices have surged by approximately 30% since the start of 2024. While certain gold producers are capitalizing on this...
China has banned the export of several critical minerals to the US. Announced and implemented on December 3, the move covers minerals like gallium and...
The Net-Zero Mining Summit in the DRC successfully took place on November 29th at the Pullman Hotel in Lubumbashi, uniting leaders and experts from top...
The Kibali mine, which produces almost all this volume, sold its gold at an average price of $46,214.8 per kilogram in Q1 2024. That is...
Mali has put a hold on issuing new mining titles until 2022 and introduced a new mining code in 2023, creating uncertainty for mining companies. However,...
The European Union (EU) presently gets most of its African graphite from the Molo mine in Madagascar. However, the Old Continent buys up to 97% of its...
Australia's Leo Lithium, co-owner of Mali's first lithium mine, has sold its entire stake in the project to its joint venture partner, China's Ganfeng...
Four Barrick Gold employees were arrested last September. However, they were released after the company struck a deal with the Malian government. Mali now...
Coris Invest has made an offer to gradually take over Hummingbird Resources, a British firm that operates two gold mines in Mali and Guinea. Led by...
Since 2017, Sodim has had three joint venture partners on the Afema gold project, including Australia's Turaco Gold. The Israeli company recently signed...
Kouroussa should have started commercial production in Q1 2024 but the gold mine faced delays, due to operational and financial difficulties...
Sierra Leone imported $78 million of iron and steel products in 2023. The country, home to one of Africa's largest iron mines and a significant...
Arrow Minerals is making significant strides in the bauxite mining sector with its Niagara bauxite project in Guinea. The Australian company launched its...
Burkina Faso adopted a new mining code in 2023, to increase its mining revenues. Since then, the country has been eager to implement the decrees detailing...
On November 8, 2024, the Malian government detained three executives from Resolute Mining, including CEO Terence Holohan, amid allegations of tax...
Expected to emerge as Côte d'Ivoire's largest gold mine, the Koné project by Canadian Montage Gold has the potential to yield more than 100 tonnes of...
Last month, Saudi Arabia expressed its interest in buying a minority stake in Canada's First Quantum's copper mines located in Zambia. Although no deal...
The European Union (EU) currently relies on China for certain critical minerals but Brussels seeks to diversify its sources. Africa, which holds about 30%...
According to 2023 data from the Côte d'Ivoire Investment Promotion Center, China represents 5% of foreign direct investment in the country. While...
This year, Gold Fields sold its stake in the Asanko gold mine in Ghana and acquired a major gold project in Canada. The South African company now focuses...
During the second quarter of 2023, Mali imported $5.2 million of explosives and pyrotechnics. With a growing need for these materials in its mining...
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...

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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