News
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Purple Hedge acquires Moroccan mining asset
Purple Hedge Resources Morocco, a subsidiary of the UAE-based Purple Hedge DWC, has completed the acquisition of Compagnie Minière d’Oumejrane…
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Morocco commit to new sustainable mining corridor
The government of Morocco has announced its commitment to sustainable and cooperative mining practices. The country’s Minister of Energy Transition…
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Barrick suspends operations at Loulo-Gounkoto complex in Mali
Barrick Gold has suspended operations at the Loulo-Gounkoto complex in Mali underscores a high-stakes standoff between the mining giant and…
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South Africa to begin rescue process at Buffelsfontein gold mine
The government of South Africa has announced the commencement of rescue process at the Buffelsfontein gold mine. A legal settlement…
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KoBold closes Series C round for copper mining in Zambia
KoBold Metals, a company specializing in using AI for mineral exploration, has successfully closed a $537 million Series C funding…
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Mali to receive $1.2bn from mining sector in first quarter
Mali is on track to receive $1.2 billion from mining companies in the first quarter of this year, following substantial…
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Mali secures 35% stake in a new mining project
Mali has signed an agreement with Canada’s Allied Gold Corp to secure a 35% stake in a new mining project,…
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BIT Mining acquires mining facility in Ethiopia
BIT Mining, a prominent Chinese Bitcoin mining company, is diversifying its global operations by acquiring a 51-megawatt mining facility in…
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Kenya launches mining police unit
The government of Kenya has launched a launched an investigative branch within its Mining Police Unit to combat illegal mining…
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Oumejrane Mining Company sold
Managem has completed the sale of Compagnie Minière d’Oumejrane to Purple Hedge Resources Morocco, a private company based in Morocco…
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