Mauritania Moves to Reduce Dependency on Tasiast Gold Mine as Artisanal Mining Gains Ground

Efforts by Mauritania to reduce its reliance on the Tasiast gold mine are expected to take time, given that mining development cycles—from exploration to production—typically span several years or even more than a decade. In the interim, attention is turning to artisanal and small-scale mining (ASM) as a key support pillar for output. The sector […]

EU-Kenya business forum: Ruto pushes for EU-EAC economic partnership deal

The first European Union-Kenya Business Forum concluded on Wednesday Feb.22 in capital, Nairobi, with Kenya’s William Ruto urging the EU to conclude economic partnership deal with the East African Community (EAC) regional bloc. The two-day forum brought together more than 500 participants including politicians, business executives, experts and diplomats. Ruto participated in the signing of […]

Zimbabwe’s new mining royalty rule: 50% commodities and 50% cash

Miners operating in Zimbabwe will have to pay some of their royalties in refined metal rather than cash, as the country will hold reserves of gold, diamonds, platinum and lithium, says President Emmerson Mnangagwa. Zimbabwe’s president said the new policy that compels miners to pay half of their royalties in commodities and half in cash […]