Nampala, Robex Resources’ only producing gold mine in Mali, has delivered 51,827 ounces in 2023. However, the mine’s output dropped in 2024, contrasting with a 30% surge in global prices the same year. Robex Resources released its 2024 financial results on Monday, March 31, 2025. According to the document, the Canadian firm earned 17.6% more from its gold sales at the Nampala mine in Mali;...

According to McKinsey, Mining generates 4%-7% of direct global greenhouse gas emissions. This, paired with current energy transition challenges, is driving more mining companies to adopt clean energy solutions as power sources. Lotus Resources revealed on April 1, 2025, that it partnered with Malawi’s national electricity company, ESCOM, to connect its Kayelekera uranium mine to the national...

Lucara Diamond has postponed production at its Karowe diamond mine in Botswana from H2 2026 to H1 2028. According to the company, the launch was postponed due to the project's slow progress. Lucara announced on March 31, 2025, that it will directly manage the underground extension project (UGP) implementation at Karowe. The company terminated its engineering, procurement, and...

 (Ecofin Agency)   - Côte d’Ivoire has introduced a partial customs tax exemption of 7% to 15% on animal feed imports to ease production costs. - The government is investing in infrastructure modernization and strategic projects to boost livestock and aquaculture. - The country aims to meet 65% of its demand for animal products by 2026, up from 26.7% in 2019. Côte d’Ivoire...

- The International Monetary Fund (IMF) has approved a $4.5 billion Flexible Credit Line (FCL) for Morocco to strengthen its foreign exchange reserves and support economic reforms. - The IMF highlighted Morocco's economic resilience but warned of risks from external shocks and persistent droughts affecting agriculture. - This is Morocco’s second FCL after receiving $5 billion in...

The Global AI Summit on Africa began today, April 3, 2025, in Kigali, Rwanda. Over 1,000 participants from 95 countries and more than 100 AI companies are taking part in this two-day meeting, organized by the Center for the Fourth Industrial Revolution and the Ministry of ICT & Innovation, in collaboration with the World Economic Forum. The inaugural event aims to explore how artificial...

Ivanhoe Mines, the Canadian mining powerhouse, revolutionized the Kamoa-Kakula project in the Democratic Republic of Congo (DRC), turning it into Africa’s largest copper mine. Now, the company is setting its sights on Zambia, Africa’s second-largest copper producer. On April 2, 2025, Ivanhoe announced it had secured exploration licenses covering 7,757 square kilometers in Zambia’s North...

The court's decision to release MTN Cameroon's seized assets is a crucial development that not only safeguards the company's operational stability but also reinforces the importance of equitable legal processes in supporting a conducive business environment. MTN Cameroon announced on March 31 that the Littoral Court of Appeal in Douala had lifted a garnishee order that had frozen its bank...

Burkina Faso and Turkey are discussing new projects to strengthen their partnership. Trade between the two countries fell to $102.4 million in 2024, down from $127.6 million in 2022. Burkina Faso is looking for international support to boost investment in key sectors like health and education. Burkina Faso is working to expand its cooperation with Turkey through new bilateral...

Société Minière de Boké (SMB) will participate in the 29th Fastmarkets Bauxite and Alumina event in Miami from April 2-4, 2025. Fastmarkets organizes this leading international forum, which is dedicated to the bauxite and alumina value chain. For years, Guinea has been a powerhouse in the global bauxite market. This year, the West African nation should produce almost 55 million tonnes,...