Aurum Resources confirmed the discovery of 1.59 million ounces of gold at its Boundiali project in Ivory Coast in January. The company plans to continue exploration until 2025 while preparing ...

Société Minière de Boké (SMB) will participate in the 29th Fastmarkets Bauxite and Alumina event in Miami from April 2-4, 2025. Fastmarkets organizes this leading international forum, which is ...

Robex Resources secured a $130 million credit facility in March 2025 to fund the completion of its Kiniero gold mine in Guinea. The mine promises to produce 34 tonnes of gold over nine years. Robex ...

The mining code adopted in 2023 grants Mali up to a 35% stake in its mines, compared to a maximum of 20% under the previous framework. This reform is projected to generate $500 million annually in ...

Gabon and Chad contributed the most to the foreign exchange reserves of the Central African Economic and Monetary Community (CEMAC) in 2024. Data from the Bank of Central African States (BEAC) shows ...

Benin’s economy grew by 7.5% in 2024, up from 6.4% in 2023, according to the National Institute of Statistics and Demography (Instad). Growth was driven by strong performances in services, industry, ...

Aya Gold & Silver produced 1.65 million ounces of silver from its Zgounder mine in Morocco. The company also completed an expansion project last year, adding a new processing plant to boost production ...

The Democratic Republic of Congo (DRC) produces over 70% of the world’s cobalt, but most of it is refined in China, which also owns several Congolese mines. As U.S.-China trade tensions rise, the DRC ...

Genmin is gearing up to start iron ore production at its Baniaka mine in Gabon by 2026. According to a 2022 pre-feasibility study, to achieve this goal, the Australian company needs $200 million to ...

Mining contributed 24% to Mauritania’s gross domestic product (GDP) in 2022, driven by gold and iron ore extraction. Despite the performance, reported by the African Development Bank (AfDB), most of ...

Madagascar will benefit from vital treatment for severe and acute malnutrition. The AXIAN Foundation and UNICEF Madagascar launch and initiative to help 5,000 children aged between 6 and 59 months ...

United Bank for Africa (UBA) saw profits from its CFA zone subsidiaries (UEMOA and CEMAC) surge by 166% in 2024, reaching N259.8 billion ($169 million). • The CFA zone now contributes 34% of UBA’s net ...