Miners navigate high risks, ransoms in West Africa
Mali’s military government is trying to arrest the CEO of the world’s second-largest gold company while the junta in Niger has tightened its stranglehold on a French state-owned uranium mine….
Barrick Gold
Barrick to halt Mali operations if output remains blocked
Barrick Gold (TSX: ABX; NYSE: GOLD), the world’s second-largest gold miner, has issued a stark warning: it will suspend operations in Mali if shipments of gold remain blocked and disputes…
Robex shifts focus to Guinea, aims for first gold in 2025
Robex Resources (TSXV: RBX), which has been producing gold at the Nampala mine in Mali since 2017, says the key to its goal of becoming a mid-tier West African producer…
Mali targets Barrick CEO for arrest as tax row escalates
Tensions between Mali and foreign miners ratcheted higher Thursday with the military backed government issuing an arrest warrant for Mark Bristow, the CEO of Barrick Gold (TSX: ABX; NYSE: GOLD)….
Niger seizes Orano’s Somair uranium operation as juntas across Africa pressure Western miners
France-based uranium miner Orano has lost operational control of its Somair mine in Niger in the latest move against Western miners in West Africa’s volatile Sahel region. In neighbouring Mali,…
B2Gold says strike at Fekola mine will not impact output
B2Gold (TSX: BTO; NYSE: BTG) says that its Fekola mine complex in Mali will continue to operate at full capacity despite an ongoing strike, and there will be no impact…
Resolute pays US$50M to Mali junta amid tax spat
Resolute Mining (ASX: RSG; LSE: RSG) has made the second settlement payment of about US$50 million to the Malian government to help resolve a tax dispute, the company said Friday….
Blue Moon acquires two brownfield copper projects in Norway for US$67M
Blue Moon Metals (TSXV: MOON) (OTCQB: BMOOF) says it’s buying two former copper-producing assets in Norway to diversify from its zinc project in California while emphasizing near-term output. The Vancouver-based…
Four Barrick Gold employees detained in Mali
Employees of the Loulo-Gounkoto mine were detained amid the government’s push for higher mining taxes.
Vedanta to invest US$2B in Saudi copper projects
Vedanta Copper, a subsidiary of India’s Vedanta, has announced plans to invest US$2 billion in copper-processing facilities in Saudi Arabia, a fresh boost to the kingdom’s aspirations to establish itself…
Barrick touts ‘world-class’ potential of Fourmile project with huge resource boost
A resource update for Barrick Gold‘s (TSX: ABX; NYSE: GOLD) Fourmile project in Nevada has increased contained ounces as much as 192% and grades by 35% compared to last year’s…
Mali junta frees Resolute CEO
Resolute Mining (ASX: RSG; LSE: RSG) CEO Terence Holohan and two colleagues have been released from detention by Malian authorities, the company said on Thursday. “All three employees are safe…