April 18, 2025 – Vancouver / Accra / Ouagadougou Amid tightening government control and growing political uncertainty across West Africa, Fortuna Mining (TSX: FVI, NYSE: FSM) has announced its complete withdrawal from Burkina Faso, divesting its ownership in Roxgold Sanu – operator of the Yaramoko gold mine – to Mauritius-based Soleil Resources International in a…
Toronto Annual Mining Insight: The 2024 annual mining conference in Toronto, celebrated as the world’s premier mining event, recorded an unprecedented attendance of 26,926 participants. Critical minerals dominated discussions, spotlighting Canada’s role and Africa’s vast resources. Africa – A Treasure Trove of Critical Minerals: Ray Goldie, president of the Prospectors and Developers Association of Canada,…
In a significant policy pivot aimed at bolstering domestic value addition and attracting investment, the Nigerian government has declared a new directive that mandates mining companies to commit to local processing of minerals to be eligible for mining licenses. This approach marks a departure from the nation’s traditional strategy of exporting unprocessed raw materials. According…
Burkina Faso’s junta-led government recently initiated the construction of its inaugural gold refinery, aiming to refine the country’s primary mineral resource on-site. With a daily capacity of approximately 400 kilograms (880 pounds) of gold, the refinery is anticipated to generate 100 direct jobs and 5,000 indirect employment opportunities, as announced by Ismael Siby, CEO of…
The Kenya Chamber of Mines (KCM) and the Association of Women in Energy and Extractives in Kenya (AWEIK) jointly organized the Kenya Mining Week on 17th – 18th July 2023 at Radisson Blu, Upperhill, Nairobi. The event aimed to address crucial aspects of Kenya’s mining sector and promote economic growth with a focus on inclusivity.…
The Minerals Council South Africa appoints Mzila Mthenjane as its new Chief Executive Officer. Mzila Mthenjane is the new CEO of Minerals Council South Africa. Mthenjane will leave his role as Executive Head for Stakeholder Affairs at Exxaro Resources to join the Minerals Council. He has more than 30 years of experience in the South…
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,…
According to SRK Consulting DRC country manager Susa Maleba, the mining landscape in the Democratic Republic of Congo (DRC) is so buoyant, it is stimulating both exploration and mine expansions. At the same time however, there is growing pressure on mining companies in the DRC to align their operations with local regulations and global customer…
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.…
The Invest in Africa Mining Indaba heard that African leaders are waking up to the fact that the continent stands at the precipice of a generational opportunity to reinvent itself and participate in meaningful economic upliftment as the global energy transition accelerates. But to get there, several African leaders spoke of ongoing policy reforms to…