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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...
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...

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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