Post #397

🌐 Weekly News Digest on Africa’s Mineral Industries [ December 15 – December 21 ] Thatwas a week darkened by several fatal mining incidents. 💡Here are the key highlights: 🇧🇼 Botswana - Botswana intends to buy a diamond giant despite having no money and IMF alarms 🇹🇩 Chad - Chad invites Algeria to it oil sector, seeking to exit dependence on China 🇨🇩 DR Congo - Forced evictions in eastern DRC examined by the UK OECD body. 🇬🇭 Ghana - Ghana may adopt a progressive royalty scale linked to mineral prices. 🇬🇼 Guinea - Guinea wants to sell bauxite to an Emirati firm, whose mine it nationalized in July - The end of construction of a 600-km railway for the Simandou iron megamine may leave thousands unemployed 🇲🇱 Mali - Australia’s Marvel Gold sells a gold project in southern Mali to an indigenous enterprise - Gold will drive Mali's economic growth in 2026 🇲🇿 Mozambique - Australian company South32 threatens to shut down one of the largest aluminium smelters in Africa 🇳🇦 Namibia - Namibia's revenues from gold and uranium exceeded revenues from diamonds. 🇳🇪 Niger - Paris Prosecutor's Office investigates Niger's uranium affairs 🇳🇬 Nigeria - Nigeria's oil tycoon Aliko Dangote accuses the head of the Nigerian downstream regulator of corruption - Nigerian President dismisses the heads of two key oil and fuel regulators after Aliko Dangote's criticism - 12 miners killed and three others abducted by unidentified armed men on December 16 🇸🇳 Senegal - Ten people died in the collapses of two gold mines in southeastern Senegal between December 12 and 17. 🇸🇴 Somalia - Somaliland wants to start oil and mineral exploration by 2027. 🇿🇦 South Africa - SA doubles coal exports to Israel 🇿🇼 Zimbabwe - Seven people were killed and four others injured in a gold mine collapse in central Zimbabwe - Zimbabwe will not raise gold royalties to 10% for current prices, according to the approved 2026 budget plan. #NewsDigest Devils Below