Endeavour Mining acquires new gold mine in Côte d'Ivoire
Endeavour Mining officially opened its second gold mine in Côte d'Ivoire on 19 October in Lafigué, in the north of the country, as it ramps up development to produce between 1.13m and 1.27 ounces of gold in West Africa in 2024.. The site, which required an investment of 250bn CFA francs ($410m), began production last September.
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Your daily foray into Africa's circles of power. Africa Intelligence brings you exclusive coverage of the major political, economic and diplomatic issues at stake on the African continent, identifying power players on the rise and low-frequency signals on the horizon. Peruse our daily story summaries to get the scoop on tomorrow's top stories ahead of the crowd.
Mining Services Company operating out of West Africa | We …
We understand advancing a project in a far, remote location can be a timely and costly exercise. This is why we have worked hard to establish a presence in a number of key mining jurisdictions across West Africa, South America, and Australia to take the pressure off your bottom-line and provide reliable, quality on-the-ground services and support.
Chad N'Djamena moves to clean up gold mining in Tibesti
The Chadian government is counting on the state-owned Société Nationale d'Exploitation Minière et de Contrôle (Sonemic) to clean up the country's artisanal gold mining sector. The company is run by Abdelkerim Charfadine Mahamat, aka Beguéra, who took up his role in February 2023.He was previously the deputy director general of the Agence Nationale …
BURKINA FASO/UAE/GUINEA/RUSSIA
West Africa Yacoub Sidya, Russian group Nordgold's invisible partner. Companies linked to Mauritanian businessman Yacoub Sidya are omnipresent around the African operations of Russian miner Nordgold, which was hit by sanctions after Moscow's invasion of Ukraine. The gold mining firm, however, takes great care to remain in the background.
African Gold Board | African Gold Limited | ASX
EVAN CRANSTON Executive Chairman Evan is an experienced mining executive with a background in corporate and mining law. He is the principal of corporate advisory and administration firm Konkera Corporate and has extensive experience in the areas of equity capital markets, corporate finance, structuring, asset acquisition, corporate governance and external …
Pan African's masterstroke gold operation gets going under …
The biggest takeaway from the hugely profitable Mogale tailings retreatment (MTR) operation that was commissioned west of Johannesburg by Pan African Resources on …
African Gold scoops up gold ground in Mali and …
African Gold (ASX: A1G) has scooped up more ground in western Mali by acquiring of Abra Resources, with previous exploration at the new tenements returning up to 115.5 grams per tonne gold.
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African Gold Soars Over on Spectacular Gold Hit at …
A refreshed executive team, a booming gold price and a "spectacular" gold hit outside the existing resource at Didievi in Cote d'Ivoire have sent shares in African Gold …
Zimbabwe goes for gold – and lithium
International mining companies are increasingly drawn to Zimbabwe's favourable greenstone gold-hosting geological setting, spurred by rising gold prices in Q1 this year. This trend is expected to continue throughout 2024, with a potential influx of new exploration licences granted by the Zimbabwe Ministry of Mines and Mining Development. 2024 ...
South Africa Chinese Pengxin set to buy historic Tau Lekoa gold mine
At a board meeting on 14 February, China's Pengxin Resources, known for its cobalt and copper investments in the DRC (AI, 23/12/21), made a formal offer to buy South Africa's Tau Lekoa gold mine for 300m rand (about $19.8m).. Currently owned by Village Main Reef (VMR), the Tau Lekoa mine has been going through a turbulent period since 2017. On top of an …
Uganda Kampala embarrassed by two tonnes of …
Your daily foray into Africa's circles of power. Africa Intelligence brings you exclusive coverage of the major political, economic and diplomatic issues at stake on the African continent, identifying power players on the rise …
West Africa : Liz Aviation provides an aircraft for Togolese …
Burkina Faso Insecurity drives down gold production. The deteriorating security situation is taking a heavy toll on Burkina Faso's gold mining industry, the backbone of the country's economy. According to a confidential internal report from the Ministry of Mines, Burkinabe gold production has fallen by 10 tonnes in two years.
African Gold and Diamonds!!! mining and …
African mining gold and diamonds, real goods and truth situation plus assistance with cheaters and help with solution to find and solve problem some of...
Maris transforms mining assets into gold
When presenting the latest developments at Karebe Gold Mining's Kenyan gold mines at the Kenya Mining Forum on November 13, the company boss British national Charlie Tryon should also present the activities of Karebe's parent company, Maris. This investment holding founded and directed by Tryon has bought three former gold producers, Karebe Gold …
Illegal mines, pollution and a thirsty global market: Anger …
Illegal small-scale gold mining in Ghana has been linked with the destruction of the environment and illness. ... "Twelve African countries are involved in smuggling more than 20 tons of gold a ...
Mponeng Mine | South Africa | Underground
Ore mined is processed at the Mponeng gold plant using conventional gold leaching methods carbon-in-pulp gold recovery technology. Mponeng was the group's largest gold producer, contributing 16% of total …
Ivory Coast Endeavour and SODEMI haggle over Ity gold mine
Discussions are stalling between Sébastien De Montessus, boss of Endeavour Mining, and the state-owned Société de développement minier de Côte d'Ivoire (SODEMI). The main bone of contention is the sale of Sodemi's remaining 5% stake in Société des Mines d'Ity (SMI), an 85%-owned subsidiary of Endeavour that operates one of the largest gold mining …
Montage secures $825m for new West Africa gold mine
Vancouver-based Montage Gold has announced a financing package totalling $825-million to fund the construction of its flagship Koné project in Côte d'Ivoire. The financing involves Wheaton ...
Montage Gold lands $825m for new West Africa …
Wheaton has committed to acquire 19.5% of payable gold production from the Koné mine, until 400,000 ounces delivery, for a total upfront cash consideration of $625 million.
Galamsey: Ghana's illegal gold mining industry causes
The West African state is the world's sixth-biggest gold exporter, and the second-biggest cocoa exporter. Demonstrators recently took to the streets of Accra to demand that the government take ...
BOTSWANA : Tobedzani Kuriwa and Galane Gold execs launch new mining
On 29 October, Cedric Goganamang Sam, Bradshaw Zinyemba and Tobedzani Kuriwa set up Hawks Mining Co (HMC) in the eastern mining town of Francistown. Between them they co-own 54%, 23% and 23% of the new company respectively. All three have occupied senior positions at Mupane, the country's only gold mine which is near Francistown.
Ghanaians call on government to shut down all illegal gold …
Hundreds of Ghanaians have called on their government to clamp down on illegal mining in Africa's top gold producer in a second day of protests. Placard-wielding …
Endeavour accused of misleading buyer of African gold mines
Endeavour Mining Plc has been accused by Lilium Mining of misrepresentation over the sale of two African gold mines, as the fallout from the tenure of ousted chief executive officer Sebastien de ...
Mali Junta turns the screws on foreign gold mining firms
Your daily foray into Africa's circles of power. Africa Intelligence brings you exclusive coverage of the major political, economic and diplomatic issues at stake on the African continent, identifying power players on the rise and low-frequency signals on the horizon. Peruse our daily story summaries to get the scoop on tomorrow's top stories ahead of the crowd.
Montage secures $825m for new West Africa gold …
Vancouver-based Montage Gold has announced a financing package totalling $825-million to fund the construction of its flagship Koné project in Côte d'Ivoire. The financing involves Wheaton ...
Endeavour Mining acquires new gold mine in Côte …
Endeavour Mining officially opened its second gold mine in Côte d'Ivoire on 19 October in Lafigué, in the north of the country, as it ramps up development to produce between 1.13m and 1.27 ounces of gold in West …
MAURITANIA : Russian-Emirati Emiral Resources
Emiral Resources, which wants to expand its gold operations in Africa, on 8 September obtained an exploration permit in Mauritania. Emiral Mining, its subsidiary there, had applied for the permit from the Nouakchott authorities in August (AI, 01/09/21).Emiral Resources is a joint venture between Emirati investors and the former CEO of Russian mining group …
South Africa's Harmony Gold eyes up $2bn Ravenswood mine …
Harmony Gold Mining is understood to have expressed interest in an acquisition of the $2bn Ravenswood Gold Mine that being ... Read More The post South Africa's Harmony Gold eyes up $2bn ...