Moroccan Finance Minister Mohamed Benchaaboun

Mauritania: Aya Gold & Silver Inc. announces spin-off and creation of growth-oriented gold company

Aya Gold & Silver announced a preliminary agreement to sell its Tijirit mine in Mauritania to Mx2 Mining, a new company focused on developing gold projects in North Africa. As part of the deal, Aya will invest approximately CAD 7.5 million in Mx2, making it the majority shareholder and securing two seats on the Board […]

Libya: Mysterious warplanes shell IS’s positions in Sirte

Unidentified warplanes carried air strikes on IS’s positions in the Libyan city of Sirte Thursday shortly after mid-night, witnesses said. The air-strikes the second this month targeted IS fighters’ positions in former ruler Muammar Gaddafi’s hometown. It is still unclear who was behind the military raid as neither Libya National Army (LNA,) its affiliated militias, […]

Italy’s Eni announces oil, gas discovery offshore Côte d’Ivoire

Italy’s Eni said it found significant reserves of oil and gas offshore Côte d’Ivoire, with a specific well in particular having as much as 1.5 billion barrels of oil equivalent of potential resources. This will be Eni’s second big hydrocarbon discovery off the West African nation over the past few years following on from its […]