Burkina Faso and Mali Advance Plans for their respective Gold Refineries

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…

Botswana Diamond Mines in South Africa

Botswana Diamonds (LSE: BOD) has begun mining at Marsfontein in South Africa, as a proof-of-concept trial project that it expects will help improve operations at its larger Thorny River project. The company, headquartered in Ireland with 12 other subsidiaries, experienced “teething issues,” including plant delivery delays and adverse weather, said it’s now on track to…