June 17, 2025 Mali starts construction of Russia-backed gold refinery The 200-tonne capacity facility, in which Mali has a controlling stake, will be built with Russia's Yadran Group and a Swiss firm.
June 16, 2025 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.
June 16, 2025 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.
June 16, 2025 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.
June 16, 2025 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.
June 16, 2025 Ghana lost $11 billion to gold smuggling, links to UAE, report finds Ghana earned $11.6 billion in revenue from gold exports last year.
June 16, 2025 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.
June 16, 2025 Gold mining companies in Ghana, Ivory Coast resist tax hikes Miners are refusing to comply with tax increases imposed this year.
June 16, 2025 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.
June 13, 2025 Barrick removes Mali gold complex from 2025 output forecast Jefferies forecasts that Barrick would lose 11% of its expected 2025 EBITDA from the idled mine.
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