Burkina Faso replaces mining minister as gold output drops

While Peru has 18 mining projects in its pipeline, only one of those may be developed in the short term.

President Mokgweetsi Masisi threats to walk away from the negotiations if Botswana fails to secure a bigger share of rough diamonds produced by Debswana.

Namibia is one of Africa’s biggest producers of diamonds and largest of uranium.

Companies wil cooperate for the ramp-up of the Goulamina project in Mali.

The governments agreed to conduct regular reviews of their cooperation in the mining industry and address related disputes through “friendly negotiations.”

The mine is expected to produce between 60,000 to 75,000 ounces of gold in 2023.

The country will not back down on demands for a bigger share of rough diamonds from JV with the company, Mokgweetsi Masisi said.

The DRC aims to boost its stake in a cobalt and copper joint venture with Chinese firms to 70% from 32%.

The note of confidence from Friedland comes after China’s economic activity disappointed expectations since strict pandemic restrictions were removed late last year.