Namibia Mining and Energy’s Post

𝐌𝐢𝐧𝐢𝐧𝐠 𝐍𝐞𝐰𝐬 | 𝐁𝐮𝐫𝐤𝐢𝐧𝐚 𝐅𝐚𝐬𝐨: 𝐒𝐨𝐥𝐞𝐢𝐥 𝐑𝐞𝐬𝐨𝐮𝐫𝐜𝐞𝐬 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐚𝐜𝐪𝐮𝐢𝐫𝐞𝐬 𝐘𝐨𝐮𝐠𝐚 𝐌𝐢𝐧𝐞 In a press release on May 25, 2024, the company announced the acquisition of a 90% stake in the Youga gold mine from the Avesoro Resources Group. Located approximately 185 km south of Ouagadougou, the Youga gold mine is a vital Carbon-in-Leach (CIL) operation with multiple open-pit gold deposits. In a full year, the Youga plant is expected to produce between 90,000 and 110,000 ounces of gold. This strategic move is set to revive the mine's operations, offering over 600 direct jobs and significant economic contributions to Burkina Faso. Soleil Resources International is a Burkinabè group whose shareholders are two leading industrial and mining players(CIM Metal group and Néré Resources). We welcome your thoughts on this exciting new chapter for Soleil Resources International Source: BURKINA 24 & The Burkina Faso Chamber of Mines #MiningNews #GoldRush #InvestInAfrica #BurkinaFaso #FocusMines #Mines

The Canadian Government has tightened the rules on foreign investment into its mining sector in 2022. Three China-based investment groups were forced to sell their stakes in Canadian critical mineral companies and the government implemented additional mechanisms to scrutinize foreign investment more thoroughly. Chinese investment into the sector has surged since then nonetheless, however, data from the University of Alberta's The China Institute shows. From a meager $45.7 million in 2022, it surged to $1.6 billion in 2023. Source: https://lnkd.in/essmGUEQ #criticalminerals #rawmaterials #canada #miningindustry

📌 The transition of Botswana—a country famous for its diamonds—has commenced following the Covid-19 pandemic. The country’s gemstone wealth extends beyond diamonds to include unexplored treasures of Copper, Gold, and Nickel ores. 📌 Since 2020, the significant impact of Covid-19 has redirected Botswana’s government focus toward the exploration and exploitation of non-diamond minerals. The US International Trade Administration (USITA) has also emphasized the need for investment in Botswana’s mining industry and the diversification of its mineral sectors. 📌 According to CEIC Data, the export figures for Copper and Nickel surged to 636.200 BWP mn in August 2023, a notable increase from the previous month's 636.000 BWP mn in July 2023. 📌 This transition signifies a remarkable shift in Botswana's trajectory, highlighting the potential transformation of its economic landscape. The journey from being a diamond-centric economy to exploring diversified mineral reserves is poised to redefine Botswana's role on the global stage. SGNCO #SGNCOGreenResources #SGNCO #Botswana #Mining #Coppermining #ScrapMetal

*THE GGSA IS READY TO ENGAGE POTENTIAL INVESTORS TO EXPLORE FOR PRECIOUS MINERALS AND GEMSTONES* The Ag. Director-General earlier today featured as a panelist at the Gold Statement 2023, at the Lancaster Hotel in Accra. Ghana boasts of massive potential with regards to a variety of precious minerals and gemstones including Jasper, Garnet, Ilminite-Rutile, Beryl and Isolated Diamonds. Fortunately, the GGSA has extensive data and information on these occurences and their locations over the years. "The GGSA ought to be the starting point of the entire conversation. Without exploration, there will be no mining. Without mining, there will be no jewelleries in our markets." "The GGSA is open to partnerships and engagements with all intersted investors with the capacity to exploit these resources to guarantee their constant supply to the value-addition process" 'The Gold Statement' is an annual gathering of industry players focused on the common agenda of value addition to Ghana's gold and other precious minerals.#mining #GGSA #Goldstatement

Saudi Investors Set Sights on Pakistan's Reko Diq Mine #ManaraMinerals, part of #SaudiArabia's investment arm, explores acquiring a stake in Pakistan's #RekoDiq mine. With the potential of becoming one of the world's largest gold and copper mines, this venture represents a significant economic opportunity. The mine is co-owned by #BarrickGoldCorp and the Pakistani government, promising a substantial boost in foreign investment and economic stability for Pakistan. Discover more about this strategic move in the mining sector on Saudi Business News, link in bio! #SaudiBusiness #SaudiNews #Vision2030 #SaudiArabia #Mining #Gold #Copper #Investment #EconomicDevelopment #Pakistan #Maaden #PIF #GlobalMining

Osino shareholders approve Yintai's N$5.3bn deal Osino Resources Corp. (Osino) shareholders unanimously approved a deal to sell all outstanding common shares to Yintai Gold Co., Ltd. for C$1.90 per share. The approval further complements Yintai's N$5.3 billion cash acquisition of Osino. The gold exploration company said 99.9% of its shareholders voted in favour of the deal at the company’s special meeting held on Monday. Yintai, which trades on the Shenzhen Stock Exchange, has a market cap of N$108 billion (US$5.6 billion). Osino's President and CEO, Heye Daun, outlined the next steps, focusing on obtaining regulatory approvals from key authorities, including the Namibian Competition Commission and Chinese regulatory bodies. https://lnkd.in/d-MUkGXE #namibia #gold #mining Namibia Investment Promotion and Development Board (NIPDB) Tom Alweendo Chamber of Mines Namibia #investment #shareholders Mining Weekly

What has been Australia's response to China's export controls on gallium and germanium which was imposed a year ago? Australia's rich mineral resources and established mining infrastructure offer significant potential. By developing its production capabilities for gallium and germanium, Australia can enhance its strategic importance in the global supply chain and reduce the West’s reliance on Chinese supplies. Get timely updates and insights on key global events by subscribing to Samso Insights on Patreon: https://hubs.ly/Q02B_f6b0 #Samso #Investments #CoffeeWithSamso #RoosterTalk #SamsoInsights #NoelOng #MineralExploration #ASX #compellingASXstories #China #Gallium #Germanium

As investment in mining increases, it is important for mining investors to ensure that they take steps to mitigate any political risk when they enter into long-term, capital-intensive projects abroad. This article, part of a series on investment protection in the African mining sector, focuses on the Organisation for the Harmonisation of Corporate Law in Africa (OHADA) zone , notably Ivory Coast, Guinea, Mali and Senegal, countries rich in mineral resources such as gold, iron, bauxite, manganese, limestone, diamonds and lithium: https://rebrand.ly/lpxhv2h #mining #energytransition #OHADA #MiningIndaba

As investment in mining increases, it is important for mining investors to ensure that they take steps to mitigate any political risk when they enter into long-term, capital-intensive projects abroad. This article, part of a series on investment protection in the African mining sector, focuses on the Organisation for the Harmonisation of Corporate Law in Africa (OHADA) zone , notably Ivory Coast, Guinea, Mali and Senegal, countries rich in mineral resources such as gold, iron, bauxite, manganese, limestone, diamonds and lithium: https://rebrand.ly/lpxhv2h #mining #energytransition #OHADA #MiningIndaba

As investment in mining increases, it is important for mining investors to ensure that they take steps to mitigate any political risk when they enter into long-term, capital-intensive projects abroad. This article, part of a series on investment protection in the African mining sector, focuses on the Organisation for the Harmonisation of Corporate Law in Africa (OHADA) zone , notably Ivory Coast, Guinea, Mali and Senegal, countries rich in mineral resources such as gold, iron, bauxite, manganese, limestone, diamonds and lithium: https://rebrand.ly/lpxhv2h #mining #energytransition #OHADA #MiningIndaba