Sprott to buy $200M of uranium for special fund
The investment comes after spot uranium prices rose about 5.5% in May.
Latest Stories
Barrick to appeal Loulo-Gounkoto administrator appointment
One of Africa’s largest gold complexes has been closed since January due to a standoff over Mali's 2023 mining code raising taxes.
Debswana to approach capital markets to fund Jwaneng underground project
Despite the downturn in the global diamond market, the company is pressing ahead with its plan to prolong the lifespan of its flagship mine to 2054.
Niger targets jihadist financing, kills 13 in illegal gold mine raids
Niger's army has raided jihadist-controlled informal mining sites in the country's west.
Mali hopes Russia partnership will help end raw gold exports
Mali's government will establish a state-controlled gold refinery with Russia's Yadran to boost bullion revenue.
Ghana lost $11 billion to gold smuggling, links to UAE, report finds
Ghana earned $11.6 billion in revenue from gold exports last year.
Giyani Metals receives loan interest from US EXIM for Botswana manganese project
The funding is part of the US effort to reduce its reliance on critical minerals from China.
Gold mining companies in Ghana, Ivory Coast resist tax hikes
Miners are refusing to comply with tax increases imposed this year.
Algeria opens door to larger foreign role in mining projects
Algeria’s parliament approved legislation allowing foreign companies to own as much of 80% of mining projects.
