Search Result for: Gold
Mali Temporarily Seizes Loulo-Gounkoto Mine, One of the World’s Largest, Amid Tax Dispute With Barrick Gold
A court in Mali has placed Barrick Gold’s Loulo-Gounkoto mining complex under provisional administration for six months. The move follows a long-running tax...
Burkina Faso Nationalises Five Gold Mines
Burkina Faso has completed the nationalisation of five gold mining assets as part of its broader push to gain control over the country’s...
Mali Takes Over Once-Leading Morila Gold Mine for $1 in Bid to Revive Production
The Malian government has officially taken over Société des Mines de Morila SA, once one of the country’s most productive gold mines, following...
Mali Partners with Russia to Build Gold Refinery in Bamako, Aiming to Maximize Resource Control and Revenue
Mali has signed a strategic partnership with Russia to build a gold refinery in Bamako’s capital to take greater control over its mineral...
Ghana’s Gold Output to Rise 6.25% to 5.1 Million Ounces in 2025 – Chamber of Mines
Ghana’s gold output is projected to rise by 6.25 per cent to 5.1 million ounces in 2025, according to the Ghana Chamber of...
Burkina Faso Distributes $179 million Worth of Agricultural Equipment to Farmers Using Funds from Nationalised Gold Mining Operations
Burkina Faso has launched a major agricultural campaign funded by internally generated revenues. On 22 May 2025, President Ibrahim Traoré handed over more...
Ghana Expands Gold Reserves by Securing Deal to Buy 20% of Output from Nine Mining Companies
Ghana has signed an agreement with nine additional mining companies to purchase 20 per cent of their gold output. The move is aimed...
Niger, UAE Firm Sign Deal to Establish Gold Refinery – Mines Minister Vows Local Processing to Benefit Citizens
Niger has signed a joint venture agreement with the Emirati company Suvarna Royal Gold Trading LLC to establish the country’s first gold refinery...
Ghana Moves to Take Over Damang Mine, Orders Gold Fields to Exit
The Ghanaian government has ordered Gold Fields to halt operations at the Damang gold mine and vacate the site by April 18, when...
Ghana Orders Foreign Traders to Leave Gold Market by 30 April, Cancels Old Export Licences
The Government of Ghana has asked all foreign nationals trading in the country’s local gold market to leave by 30 April 2025. This...
CAF U-17 Nations Cup: Golden Eaglets Absent as Morocco Thrash Uganda in Opener
The TotalEnergies U-17 Africa Cup of Nations is underway in Morocco, and the host nation made a resounding statement last night with a...
Barrick Gold Agrees to $438 Million Deal to Restart Mining in Mali, Report Says
Barrick Gold has agreed to pay $438 million to settle its long-running conflict with the Malian government. The Canadian mining company has reportedly...