GoldMining

Ghana's Upcoming Election: A Spotlight on Illegal Gold Mining and Its Political Implications

19 days ago

As Ghana approaches its pivotal presidential election, scheduled for December 7, the nation is grappling with multifaceted issues, none more pressing than the rampant illegal gold mining that has emerged as a significant concern. This contentious issue is not only an environmental challenge but also a critical factor in the political landscape, influencing voter behavior and shaping party platforms.

Northern Star Resources Acquires De Grey Mining in a Massive $5 Billion Deal

21 days ago

In a significant move within the mining industry, Northern Star Resources Ltd. has announced its intention to acquire De Grey Mining Ltd. in a transaction valued at an impressive $5 billion. This strategic acquisition aims to bolster Northern Star’s presence in Western Australia’s gold sector, which has seen steady growth and interest from major players in the market.

Mali Frees Three Executives from Resolute Mining Amid Diplomatic Efforts

1 month ago

In a significant development for the mining industry and international relations, the Malian government has announced the release of three executives from Resolute Mining, a prominent Australian gold mining company. This decision comes following extensive diplomatic negotiations and has notably eased tensions in the region, which has been marked by political unrest and security concerns.

Mali Demands $160 Million from Resolute Mining Following CEO Detention

1 month ago

The Mali government is seeking to recoup $160 million from Resolute Mining as tensions escalate following the detention of the CEO of its subsidiary, which oversees gold mining operations in the West African nation. The move underscores the precarious relationship between foreign mining companies and local governments, especially in regions where natural resources are a focal point of contention.

Unprecedented Events: Australia’s Resolute Mining CEO and Executives Detained in Mali

1 month ago

In a startling development that has sent shockwaves through the mining sector, the Chief Executive Officer of Australia-based Resolute Mining, along with several other executives, has been detained in Mali. This situation raises significant concerns, not only for the company but also for investors and stakeholders engaged in the mining industry across Africa. The details surrounding the detainment remain murky, but the implications are potentially severe.