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    Josia Shigwedha

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    Josia Shigwedha

Africa

Uncertainty in West Africa’s Mining Sector as Arrests Rattle Western Companies

today12 December, 2024

Background

 

 

The arrest of mining executives in Mali, threats to strip permits in Burkina Faso, and the seizure of a French-run uranium site in Niger have raised concerns among Western miners in West Africa, according to Reuters’ reports. While day-to-day production has largely continued in Mali and Burkina Faso, the escalating tensions are expected to impact firms seeking financing and insurance. This uncertainty could hamper supply growth in Africa’s key gold-producing region.

Written by: Leonard Witbeen