Burkina Faso is Africa’s fourth-largest gold producer, and gold makes up a significant part of its GDP and national exports.

The move is expected to increase the company's liquidity and provide enhanced market access for Canadian and international investors.

Transnet declared force majeure last week after its workers went on strike over a wage dispute.

On Tuesday, Tharisa reported a 5.1% increase in chrome production to 1.583 million tonnes in the year through Sept. 30.

Mubadala Investment Company and International Petroleum Investment Company are among over a dozen funds who filed claims in a London court.

Mineral royalties accounted for 2.8% of Zimbabwe's tax revenue in 2021, Zimbabwe Revenue Authority data shows.

Transnet, which operates the nation’s industrial ports and freight rail network and fuel pipelines, has declared force majeure on shipments because of the labor action.

RioZim is also planning further investments in base and precious metals in Zimbabwe.