South Sudan Mining Journal (SSMJ)’s Post

🔍 New Africa Watch Report: Burkina Faso’s Gold Mining & Geopolitical Challenges 🇧🇫💰 Burkina Faso is enacting key reforms to manage its gold mining sector amid political instability and growing ties with Russia. Key updates: 🔹 Regulatory Reforms: New measures include a national gold reserve and a temporary halt on artisanal gold exports to curb misuse. 🔹 Geopolitical Dynamics: Enhanced cooperation with Russia impacts security and economic strategies, influencing both regional stability and investment opportunities. Discover how Burkina Faso is navigating these complexities and the implications for the mining industry. https://lnkd.in/gVpXSmJD #BurkinaFaso #GoldMining #Geopolitics #AfricaWatch #EconomicStability #GlobalEyeIntelligence

#VAntageOnFirstpost 435 Tonnes of African Gold Lost to Smuggling in 2022 | Vantage with Palki Sharma A new report by Swissaid says that in 2022, 435 tonnes of gold were smuggled out of the African continent. A lion's share of the smuggled gold ended up in the UAE, where it was processed and re-exported to other parts of the world. Once gold is processed, most countries mark the processing country as the place of origin. In this way, African gold worth about $31 billion ended up getting smuggled out of the continent, and so it could not contribute to its source country's economy. Most of the smuggled gold came from artisanal mines, which can be unsafe, or run by militant groups who exploit people to fund their own activities. --- Gold | Smuggling | Africa | 435 Tonnes Gold | Firstpost | World News | Vantage | Palki Sharma #gold #smuggling #africangold #goldsmuggling #smuggledgold #2022 #africa #firstpost #vantageonfirstpost #palkisharma #worldnews

It's not convincing at all because the claims lack substance and appear subjective. What does make objective sense is the perspective shared by the PNG Law Society and PNG Chamber of Resources & Energy. If this bill truly benefits Papua New Guineans, why is there a lack of transparency and widespread consultation in its drafting? The apparent secrecy surrounding this bill raises valid concerns about its true impact and intentions. In my view, the heightened scrutiny of this bill compared to others in the past reflects the quality leadership we have now, which is unlike what we've experienced before.

Dr. Clement Waine shares thought-provoking views on the Gold Bullion Bill in Papua New Guinea, highlighting the country's historical relationship with gold production and the proposed changes. A must-read for those interested in the economic landscape of PNG. Read more: https://lnkd.in/gzmmfG_t #png #pngnews #papuanewguinea #portmoresby #papua #GoldBullion #PapuaNewGuinea #EconomicInsights

With budget-friendly extraction, surface mines, and low labor costs, Mali stands as a high potential jurisdiction for #GoldMining. 🟡 Boasting 800 tons of gold deposits, it's West Africa's gold heaven, second only to Ghana in this region. Let's explore the wealth beneath the surface! #MaliGoldRush #MiningOpportunities #AfricanEconomy

Top 5 countries in Northern Africa with the largest gold reserves and their estimated units were: 1. Egypt🇪🇬 - Estimated at over 77 million ounces. 2. Algeria🇩🇿 - Estimated at around 6.5 million ounces. 3. Sudan🇸🇩 - Estimated at around 3.1 million ounces. 4. Libya🇱🇾 - Estimated at around 1.6 million ounces. 5. Morocco🇲🇦 - Estimated at around 1.2 million ounces.

Top 5 countries in Northern Africa with the largest gold reserves and their estimated units were: 1. Egypt🇪🇬 - Estimated at over 77 million ounces. 2. Algeria🇩🇿 - Estimated at around 6.5 million ounces. 3. Sudan🇸🇩 - Estimated at around 3.1 million ounces. 4. Libya🇱🇾 - Estimated at around 1.6 million ounces. 5. Morocco🇲🇦 - Estimated at around 1.2 million ounces.

#ArticleOfTheWeek | Egypt's black sand reserves have emerged as a significant economic asset, holding immense potential for the country's economic development and industrial growth. The mineral-rich black sands, containing heavy metals like ilmenite, zircon, magnetite, rutile, garnet, and monazite, present a lucrative opportunity for Egypt to tap into a wealth of resources that can drive various industries and attract substantial investments. However, utilizing black sand has a number of challenges. Yet, if these challenges are addressed, it can promise an economic boom. Read the full Article > https://lnkd.in/d_WfpR56 For more Interviews don’t forget to Subscribe to our Newsletter > https://lnkd.in/dYCSUNjN #ArabFinance #Egypt #Economy #Blacksand #Development #Wealth #Investments #Development

Gold prices in Pakistan continued their upward trend, reaching a new record high on Monday. In the local market, the price for a tola of gold surged by Rs1,700, hitting Rs268,000. This increase follows a previous record of Rs266,300 set on Saturday. #goldprices #GoldPriceToday #GoldPriceHike #GoldPriceIncrease #pakstream #Pakistan #karachi #NewsUpdate #exploremore #explore