Morocco’s gold reserves are estimated at more than 22 metric tons, whilst Ghana, a foremost gold producer lags behind

Gold plays an important part in central banks’ reserves management, and that’s why they are significant holders of gold.  IMF IFS statistics  tracks central banks’ reported purchases and sales along with gold as a percentage of their international reserves. Morocco’s gold reserves are estimated at 22.12 metric tons and are the fifth largest in Africa,…

16th WAMPEX/WAMPOC unearths an Africa Mining Index for an emerging self-reliant continent

The West African Mining and Power Exhibition (WAMPEX) and the West African Mining and Power Conference (WAMPOC) just ended a three day conference from June 1 to June 3, 2022. Stakeholders from both the public and private sector of the mining industry across the globe participated in workshops and panel discussions headed by industry experts.…

Rwandan Court jailed a Chinese Businessman for 20 years for Human Rights Abuses: asylum seekers rejected by the UK can now come

The Chinese have done it again, but this time to the wrong country. It will be recalled that a video surfaced from Sierra Leone in July 2021, when a Chinese expatriate worker was attacking Mohammed Kalma, the Safety Officer of Kingho Mining Company at the Tonkololi Iron Mines. This year again, Bloomberg is reporting a…