Tag: gold
US sets troop withdrawal as precondition for Rwanda-DRC peace deal
The United States has outlined strict conditions for brokering a peace agreement between Rwanda and the Democratic Republic of Congo (DRC), centering on the full ... Read More
Kenya at the heart of Africa’s illicit gold trade, new report reveals
Kenya has become a major transit hub for smuggled gold from conflict-ridden African countries, with illicit exports far exceeding official figures, according to a new ... Read More
Mali halts new artisanal mining permits for foreigners following deadly accidents
Mali, Africa’s second-largest gold producer, has suspended the issuance of new artisanal mining permits to foreign nationals after a series of fatal accidents in the ... Read More
UAE’s $1.4bn investment in Zimbabwe enhances ties as West and China retreat
The United Arab Emirates (UAE) has solidified its position as Zimbabwe’s most important partner, surpassing China with a strategic $1.4 billion investment in real estate, ... Read More
Resolute Mining shares drop 32% after Mali arrests CEO, 2 executives
Australian gold miner, Resolute Mining’s shares dropped as much as 32% on Monday (11 November) following the arrest of its CEO and two executives while ... Read More
US ramps up efforts to access Africa’s critical minerals to counter China’s dominance
Africa will play a "huge role" in America’s critical mineral strategy, says US Deputy Treasury Secretary Wally Adeyemo who used his five-day trip to South ... Read More
Australian Desert Metals acquires gold and lithium mine fields in Cote d’Ivoire
Desert Metals, a mining company listed in Australia, has acquired Côte d’Ivoire-based CDI Resources Limited (CDI) that controls seven gold and lithium projects in the ... Read More
Wagner Group reportedly makes $10m a month from terror in Mali as Kremlin plunders African gold — experts
Mercenaries from the Wagner Group are reportedly making $10 million per month through their involvement in the ongoing conflict in Mali as it exchanges African ... Read More
DR Congo, UAE sign $1.9bln mining deal
The Democratic Republic of Congo (DRC) and the United Arab Emirates (UAE) have signed a mining deal worth $1.9 billion for which the Gulf country ... Read More
Egypt approves for six month draft decree exempting travelers from gold tax
The Egyptian government Wednesday approved temporarily a draft decree exempting travelers who bring gold from customs duties and other fees except value-added tax (VAT), reports ... Read More