Resolute’s costs rise, output falls in Mali, Senegal
West Africa-focused gold producer Resolute Mining (ASX: RSG) forecasts reduced production and higher costs this year as its Mako mine in Senegal nears depletion and tax changes in Mali drive up…
Resolute Mining
Hummingbird reaches $16.4M deal with Mali
Africa-focused Hummingbird Resources (AIM: HUM) announced on Wednesday it had reached an an agreement with Mali’s military-led government to operate the Yanfolila gold mine under the country’s new mining code. As part…
Barrick halts Mali mine after junta seizes gold
Barrick Gold (TSX:ABX; NYSE:GOLD) followed through with its threat to suspend operations at its Loulo-Gounkoto complex in Mali after the military-led government moved gold stocks to a custodial bank. “Barrick…
Mali airlifts gold from Barrick mine: Reuters
The Malian junta is choppering gold stockpiles out of Barrick Gold‘s (TSX: ABX; NYSE: GOLD) Loulo-Gounkoto complex, Reuters reports. The airlift began Saturday, the newswire said, citing four sources close…
Ganfeng starts Goulamina lithium mine output in Mali
Ganfeng Lithium (HK: 1772) has commenced production of the first stage of its Goulamina spodumene project in Mali, according to the South China Morning Post. It’s potentially one of the largest…
B2Gold CEO Clive Johnson on Mali risk and life in mining
Clive Johnson has built a reputation for making successful bets on geologically promising jurisdictions that make others nervous. As president and CEO of Bema Gold, he led the company on early…
Asante nets US$500M forward purchase deal for gold produced at Bibiani
Asante Gold (CSE: ASE; US-OTC: ASGOF) has secured US$500 million from UAE’s Fujairah Holdings for the forward sale of gold produced at its Bibiani mine in Ghana. An advance deposit…
Barrick Gold seeks arbitration over Mali mines dispute
The miner said it could suspend operations if gold shipments remain blocked.
Barrick to halt Mali operations if output remains blocked
Barrick Gold (TSX: ABX; NYSE: GOLD), the world’s second-largest gold miner, has issued a stark warning: it will suspend operations in Mali if shipments of gold remain blocked and disputes…
Robex shifts focus to Guinea, aims for first gold in 2025
Robex Resources (TSXV: RBX), which has been producing gold at the Nampala mine in Mali since 2017, says the key to its goal of becoming a mid-tier West African producer…
Mali targets Barrick CEO for arrest as tax row escalates
Tensions between Mali and foreign miners ratcheted higher Thursday with the military backed government issuing an arrest warrant for Mark Bristow, the CEO of Barrick Gold (TSX: ABX; NYSE: GOLD)….
Niger seizes Orano’s Somair uranium operation as juntas across Africa pressure Western miners
France-based uranium miner Orano has lost operational control of its Somair mine in Niger in the latest move against Western miners in West Africa’s volatile Sahel region. In neighbouring Mali,…