Latest Updates Around The World
Vladimir Putin’s Russian army is accused of raping and beheading civilians and ripping out their organs in a supposed fight against extremism in West Africa. The Russian paramilitary Afrika Korps was deployed to Mali earlier this year to take over the fight against Islamic militants from the Wagner forces. Wagner mercenaries were known for their […]
Elliott Investment Management has reportedly taken a large stake in Barrick Mining (TSX:ABX,NYSE:B), the The Financial Times reports this on Tuesday (Nov. 18), increasing activist pressure on the gold producer, which is already facing escalating operational problems and a leadership shake-up. The moves come just weeks after the abrupt exit in September from former CEO […]
Mali’s military-led government has revoked more than 90 mining permits over alleged non-compliance with the country’s new legal requirements. An official decree signed by Mining Minister Amadou Keita on October 13 announced the revocation of permits issued between 2015 and 2022 for gold, iron ore, bauxite, uranium, rare earths and other minerals. Reuters reports this. […]
The military government of Mali has approved a new round of mining agreements under its revised code. The Council of Ministers of the Land on Friday (September 19) has ratified according to a seven exploitation and exploration agreements Reuters report. The deals relate to some of the largest gold operations in the country, including the […]
In the High-Stakes World of Resource Extraction, the mineral wealth of a country is a powerful magnet for investments, stimulating economic growth and national prosperity. But not all countries were created. For investors in the mining sector, it is the key to understand that the jurisdiction risk can be deeply influenced by political changes, because […]
