Africa Outlook Magazine’s Post

Shining a Spotlight on Burkina Faso's Resilient Mining Sector ⛏️ Since the 2000s, Burkina Faso has been experiencing a mining boom. However, despite being in the midst of a modern gold rush, the country has undergone security challenges over the past two years with a significant impact on the mining industry. We speak to Adama SORO, President of the The Burkina Faso Chamber of Mines, unpacks the challenges facing the Burkinabe mining industry as a key driver of the country’s socioeconomic development. Read more here ➡️ https://lnkd.in/e3GKwFaU 🗣️ “As the mining sector accounts for roughly 20 percent of GDP, we need to use the industry as a key driver for the socioeconomic development of the whole country” Contributors: Coris Bank International Burkina Faso l Growth Steel For Mining Outlook: Project Manager - Deane Anderton Writer - Jack Salter SME - Jake Crickmore #mining #africa #miningindustry #burkinafaso

✅🏦 Incredible #wealth, is yet be seen in #saudiarabia and the #UAE -(#unitedarabemirates!)‼️ ♻️ Untapped #mineral #resources, now #estimated to be well into the #Trillions of #US #Dollars, as indicated by #Saudi's minister. ♻️ Full report below, source courtesy of Reuters.... #finance #mineral #projection #wealthy #investment #investing #business #funds #capital #marketing #oilandgas #market #earthmetals #metals #mineralization #marketing #socialmedia #rich #advisor #reuters #news #country #east #bank #shareholders #future #futurism #growth Global Mineral Holdings Inc. #gmhinc

As we conclude our three-part series on the New Cameroonian Mining Code, we turn our spotlight towards specific mining projects. From exploration to extraction, these ventures promise to shape Cameroon’s mineral landscape and contribute to its economic growth. Nkamouna Mine: Located in the East Province, the Nkamouna mine holds 68.1 million tonnes of cobalt, nickel, and manganese. With a projected lifespan of 23 years, it’s a strategic asset for Cameroon’s mineral wealth. Minim-Martap Bauxite: Nestled in the Adamawa region, Minim-Martap boasts 108.91 million tonnes of high-quality bauxite—the envy of the world. Over its 20-year life, it promises economic growth and global impact. Mbalam-Nabeba Iron Ore: Crossing borders between Cameroon and the Republic of Congo, this project taps into rich iron ore reserves. From mining to valorising ‘poor’ ore, it exemplifies collaboration and resource optimisation. Thank you for joining us on this journey through Cameroon’s mining potential and feel free to reach out if you have any comments or suggestions 🌍💎🚀 https://lnkd.in/dCs2bFvc #InvestInCameroon #MiningIndustry #ArficanGrowth Olivier Bustin Keagile Madiba

ZM: ZAMBIA CELEBRATES MINING SUCCESS WITH SOLIDARITY MARCH Concerned citizens in Zambia organized a solidarity march today to celebrate the tangible outcomes of various mining investments that are making a substantial impact on the nation’s economic landscape.

⁉️ Did you know that: - The long history of mining in Suriname shows that the country retains between 55 percent and 65 percent of the proceeds in the mining sector, which benefits the overall economy. - Reunion Gold Corporation is a leading gold explorer in the Guiana Shield, South America. - In 2020, Reunion Gold announced an exciting new greenfield gold discovery at its Oko West project in Guyana with a Mineral Resource Estimate containing a total of 4.3 Moz of gold. - Reunion Gold supported the discovery of the mine in the Rosebel Goldmines area. - CDWE is the local partner for Reunion and has a track record in exploration and work with French, Canadian and USA companies - In 3-5 years time this initiative could result in 1000-3000 jobs in the mining sectors itself, not to mention the ripple effect it will have on sectors providing services to the mining sector. - AmCham Suriname has a clear vision and strategy about local content development, ease of doing bus and community development with our members -As President of the American Chamber of Commerce it is my commitment to facilitate our members and their partners Quote from the article on De Ware Tijd; The American Chamber of Commerce and Industry in Suriname, Sonai emphasized that the Chamber's role is to facilitate partnerships between businesses. “If companies have already established partnerships and their plans fit within our vision, the task is to support them,” Sonai stated. She further emphasized that the House is committed to the needs of their members. According to her expectations, more than a thousand jobs will be created in the next three to five years as a result of this investment. LivingMyPurpose BetterFuturesInTheCaribbean

🔍 Navigating Regulatory Challenges in Nigeria's Mining Sector The President of the Miners Association of Nigeria (MAN) has raised concerns over states illegally regulating the mining sector. This development underscores the ongoing challenges within Nigeria's mining industry and highlights the need for clear, unified regulations to foster growth and stability. Read more about this critical issue and its implications for the mining sector here: https://lnkd.in/dspyt28M #MiningSector #Regulation #NigeriaMining #IndustryChallenges #MineralResources #EconomicGrowth

Japan, Australia, Canada and the European Union extended a helping hand to the Philippines’ mining industry. The focus is on Finance, technology, equipment and sustainable practices, being provided to local mining companies. The potential is for the Philippines to replicate Australia's "significant contribution of the mining industry to Australia’s economy, citing its substantial percentage of GDP and employment figures, and expressed confidence that the Philippines, with its abundant natural resources, can replicate Australia’s success". #mining

SAUDIA AND CHINA BOTH INTERESTED IN MINING FOR PRECIOUS METAL

DRC’S ABUNDANT MINERAL WEALTH TAKES CENTER STAGE AT FUTURE MINERALS FORUM 2024 The Democratic Republic of Congo was highlighted at the Future Minerals Forum 2024 conference, which took place in Riyadh, Saudi Arabia. Dieudonné-Louis Tambwe, an expert in mining issues and the coordinator of the Technical Coordination and Mining Planning Unit (CTCPM), presented numerous investment opportunities in the DRC’s mining sector during the session dedicated to the country. In his speech, Dieudonné-Louis Tambwe highlighted the different metallogenic provinces and blocks of the DRC, as well as their characteristic minerals. In total, he mentioned eight blocks, each with specific mineral resources. These included…READ MORE HERE https://lnkd.in/dsasgiKx