Category: Gold

Mining Companies Maintain Investments in Mali Amid Rising Security Threats and Political Instability International mining companies are expected to continue investing in Mali, one of Africa’s most resource-rich nations, despite a sharp escalation in security risks following a recent surge in coordinated insurgent attacks. Mali is a leading gold producer on the continent, benefiting from record-high global prices. The country also holds substantial reserves of lithium, uranium, and copper, making it strategically important for global resource markets. However, decades of insurgency and political instability including repeated military coups have complicated… Read More Here

Burkina Faso Seeks 40% Stake in Kiaka Gold Mine as West African Resources Suspends Trading Over Ownership Shift Burkina Faso has notified West African Resources Limited of its intention to increase the state’s stake in the Kiaka gold mine from 15% to 40%, marking a significant escalation in government participation in one of West Africa’s key gold assets. The development comes as the Australian-listed mining company prepares for a sharp increase in production across its regional operations. In response to the government’s move, West African Resources suspended trading of its… Read More Here

Ghana Orders Newmont, AngloGold Ashanti, and Zijin to Shift to Local Contractors by December 2026 or Face Sanctions Ghana’s mining regulator has given international mining companies Newmont, AngloGold Ashanti, and Chinese-owned Zijin Mining until December 2026 to transition their mining operations to locally compliant contractors or face potential sanctions, according to sources familiar with the matter and regulatory documents. The three companies are among the few major operators in Ghana that still conduct mining using their own in-house personnel. Most other mining firms had already outsourced their operations in anticipation… Read More Here