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Mali to sell over $100 million in seized gold from disputed mining site

Mali to sell over $100 million in seized gold from disputed mining site

The sale comes as operations resume at the mine, which had been suspended for nearly six months following a dispute between Barrick and the Malian government. According to sources cited by Reuters, the decision to proceed with the gold sale was...

Mali restarts gold operations without Barrick consent

Mali restarts gold operations without Barrick consent

MALI’S court-appointed administrator plans to sell one ton of gold from Barrick Mining’s Loulo-Gounkoto complex as operations resume after nearly six months of suspension, said Reuters citing sources. The Canadian mining giant halted activities in...

Zimbabwe partners with Chinese firms for construction of landmark $270m lithium plant

Zimbabwe partners with Chinese firms for construction of landmark $270m lithium plant

Zimbabwe's state-owned Kuvimba Mining House is set to begin construction of a $270 million lithium concentrator at its Sandawana mine in the third quarter of 2025. According to CEO Trevor Barnard, the commissioning is targeted for early 2027. The...

Mali moves to sell gold from Barrick mine to fund restart, sparking legal clash

Mali moves to sell gold from Barrick mine to fund restart, sparking legal clash

Mali’s court-appointed administrator plans to sell one metric ton of gold from Barrick Gold’s Loulo-Gounkoto mine to fund the site’s operations. This move follows a nearly six-month halt after the Malian government seized gold stocks, prompting...

Researcher: Chinese Assistance to Mali May Bring Unintended Consequences

Researcher: Chinese Assistance to Mali May Bring Unintended Consequences

In September 2024, Col. Assimi Goïta, Mali’s junta leader, traveled to Beijing to visit Norinco, a weapons manufacturing company. Mali and Norinco signed an agreement that will provide Bamako with military equipment, training and defense-related...

Ivory Coast: From Paris to Petrobras

Ivory Coast: From Paris to Petrobras

Ivory Coast is thriving economically as French troops exit. But Ouattara’s potential fourth term and regional shifts cast shadows on its future. President of Ivory Coast Alassane Ouattara arrives in Paris, France in 2019. French troops are...

Goïta’s indefinite mandate raises alarm over Mali’s democratic future

Goïta’s indefinite mandate raises alarm over Mali’s democratic future

General Assimi Goïta, Mali’s junta leader, has signed a controversial law granting himself a five-year presidential mandate — renewable indefinitely and without election — sparking widespread concern over the country’s democratic trajectory. The...

Jihadis selling rustled cattle in Ghana

Jihadis selling rustled cattle in Ghana

Jihadis operating in the West African sub-region are now resorting to crossing over into Ghana with looted animals for sale. According to officials in the West African nation, owners of these stolen animals oftentimes trace their cattle to local...

Mass protest in Capital over Vedanta mining

Mass protest in Capital over Vedanta mining

Bhubaneswar: A large-scale protest erupted in Bhubaneswar Tuesday as diverse democratic, political, and rights-based organisations came together to oppose the mining lease granted to Vedanta in the ecologically sensitive Sijimali region of Odisha....

Barrick Gold shifts focus to Zambia with $2 billion investment deal amid Mali tensions

Barrick Gold shifts focus to Zambia with $2 billion investment deal amid Mali tensions Canadian mining giant Barrick Gold Corporation is ramping up its investment in Zambia with a $2 billion expansion plan, a move seen as a strategic pivot amid...

Africa's mining industry digests surging demand for value addition

Africa's mining industry digests surging demand for value addition

African governments are reasserting control over their mineral wealth through a growing wave of policies aimed at increasing local value addition and reducing unprocessed exports, senior officials and industry figures said at a key industry...

Moroccan Embassy in Gambia marks 26 years of King Mohammed VI’s leadership with grand celebration

Moroccan Embassy in Gambia marks 26 years of King Mohammed VI’s leadership with grand celebration

The high-profile diplomatic event brought together a distinguished gathering of government officials, members of the diplomatic corps, representatives of international and regional organisations, religious leaders, business leaders, and friends of...

Barrick hit again as Mali helicopters take off with $117M in gold

Barrick hit again as Mali helicopters take off with $117M in gold

Loulo-Gounkoto gold mining complex. Credit: Barrick Gold Mali’s military government has seized over $117 million worth of gold from Barrick’s (TSX: ABX)(NYSE: B) Loulo-Gounkoto mine, days after junta leader Colonel Assimi Goïta signed a law...

‘Digging our own graves!’ — Antonio Guterres

Brig. Gen. Dan Frimpong (Rtd) Opinion Aug - 01 - 2025 , 08:57 7 minutes read Watching the news during the week, “galamsey” news/pictures would simply not go away. Two murders at Asawase, Kumasi, three days apart, of the chief of Kusasis in Ashanti...

Russia, US Compete in West Africa: Africa File, July 31, 2025

Russia, US Compete in West Africa: Africa File, July 31, 2025

To receive the weekly Africa File or tri-weekly Congo War Security Review via email, please subscribe here. Follow CTP on X, LinkedIn, and BlueSky. Contributors: Miles Charles, Edlawit Tesfaye, and Calvin Hodges Key Takeaways: West Africa. Russia...

Canadian miner shifts focus to Zambia with $2 billion investment deal amid Mali tensions

Canadian miner shifts focus to Zambia with $2 billion investment deal amid Mali tensions

Canadian multinational, Barrick Gold Corporation is pressing ahead with its $2-billion expansion of the Lumwana copper mine in Zambia, positioning the southern African nation’s status as a global copper hub and deepening local industrial capacity....

Liberia Launches First Youth Bank In Africa With $16m AfDB Partnership

Liberia Launches First Youth Bank In Africa With $16m AfDB Partnership

1 Jide Oyekunle Liberia on Tuesday launched Africa’s first Youth Entrepreneurship Investment Bank, a $16 million initiative backed by the African Development Bank to combat youth unemployment and jumpstart inclusive economic growth. The high-level...

Banyana Banyana's fate hangs in the balance as they face Mali for WAFCON quarter-final spot

Banyana Banyana's fate hangs in the balance as they face Mali for WAFCON quarter-final spot

Banyana Banyana will go into their final Group C match against Mali at the 2025 Women’s Africa Cup of Nations (WAFCON) on Monday knowing that their title defence could hinge on this one result. South Africa currently top the group on goal...

Didievi gold project: Notching up impressive intercepts in an established resource base

Didievi gold project: Notching up impressive intercepts in an established resource base

A group of Australian resource industry entrepreneurs and experienced mining executives in 2018 established African Gold, an ASX-listed explorer, to start gold mining projects in Africa. In 2020 they purchased the Didievi gold project,...

NLC India Ltd to invest Rs 1.25 lakh cr capex by 2030, bets big on renewable energy

NLC India Ltd to invest Rs 1.25 lakh cr capex by 2030, bets big on renewable energy

NLC India Ltd, a public sector enterprise, is planning to invest Rs 1.25 lakh crore by 2030 to expand its capacity from the existing 6.7 gigawatt to 20 gigawatt, Prasanna Kumar Motupalli, Chairman and Managing Director (CMD) of the company has...

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