On Wednesday, the governor of Sidi Bouzid in Tunisia, Mourad Mahjoubi, told the TAP agency that “the Meknassi phosphate mine would become operational starting from mid-November”. This announcement emerged from a meeting between representatives of ministry of industry and those of Gafsa, the phosphate firm in charge of operating the site.
Extraction at the mine which was closed in 1929 due to the global great economic crisis should have restarted since the first semester of 2015. However, as residents of the region complained about the insufficiency of indemnity provided for their lands, the extraction was delayed.
At the end of the meeting, the respective representatives fixed at 8.7 million Tunisian dinars, the total indemnity that these landowners are to receive.
It should be recalled that the Meknassi can be exploited over 20 years and should produce about 500,000 tons of phosphate average each year.
Stéphanie C. Tohon
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...
Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...
Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...
From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...
As the Japanese automaker faces global headwinds, it is doubling down on its operations in Egypt, ai...
Central bank introduces BurundiPay for real-time, 24/7 transactions Platform connects banks, microfinance institutions, and mobile...
Government approves plan to recruit over 100,000 reservists by end-2026 Reserve will combine former soldiers and newly trained...
Draft AI policy pulled after fictitious references were discovered Authorities say unverified AI-generated citations likely caused the...
Gozem is in talks with the IFC for €21 million to expand in four countries Funding would support vehicle financing and the “Drive-to-Buy”...
The history of Kerma stretches back several millennia. Located in what is now northern Sudan, the site was inhabited as early as prehistoric times....
CANAL+'s film arm backs a ZAR 300-million feature rooted in South Africa's anti-apartheid music movement. Production kicks off June 29 in Cape Town,...