Mali: concerns about the environmental impact of lithium mining
In 2024, Leo-Lithium company will begin producing lithium in Mali, at Galamina in the Bougouni region. A first experience for the country. Experts are concerned about the negative impact on the environment.The 15 industrial gold mines in operation contributed more than 70% of the country's exports in 2022. The mining sector contributes 20.73% of government revenue and 9.74% of...
Côte d’Ivoire: Lower oil production in 2021
Based on data reported by PETROCI, oil production reached 8,773,263 bbl in 2021, compared with 10,875,237 bbl in 2020. These statistics from the 2023 report of the Côte d'Ivoire Extractive Industries Transparency Initiative (EITI-CI) show a decline linked to the exploitation of hydrocarbons in Côte d'Ivoire.In terms of revenue, oil production is estimated at 588.09 million USD, the equivalent...
Burkina Faso-World Bank: Solar energy at the heart of discussions
On Friday 12 January 2024, the Minister for Energy, Mines and Quarries, Yacouba Zabré Gouba, was granted an audience with the World Bank's Senior Energy Specialist, Régina Nessiama Mille. The large-scale solar project was at the heart of the discussions.The World Bank's Senior Energy Specialist, Régina Nessiama Miller, took advantage of the meeting to provide an update on the...
Gabon: REMINAC to mine iron from Baniaka
On Monday 8 January 2024 in Libreville, after 12 years of waiting, the Minister of Mines, Hervé Patrick Opiangah, presented the Managing Director of REMINAC (a GENMIN subsidiary), Joe Ariti, with the presidential decree that will allow his company to produce iron ore at the Baniaka site for the next twenty years.The operational phase will begin in the second...
Publication of an investigative guide entitled “Investigative journalism: a guide to investigating the Local Development Mining Fund”
Despite a favourable legal framework in several African countries in favour of Local Development Mining Funds, voices are being raised to denounce either the non-operation of these funds or their unsatisfactory operation. This is why journalists need to be involved in investigating these mining funds.This guide is a tool for journalists and civil society organisations wishing to investigate local...
Sanbrado mine in Burkina Faso: Production forecasts achieved with 7,055 tonnes in 2023
West African Resources, which operates the Sanbrado mine, announced in a press release issued on Tuesday 9 January 2024 that it produced 7,055 tonnes in 2023. This performance is due in part to the 4% increase in gold production in the 4 quarter of 2023, as well as a rise in grades of 2.2 grams per tonne and a...
Extractive sector: Côte d’Ivoire to collect more than 435 billion FCFA by 2021
According to the 2021 report of the Côte d'Ivoire Extractive Industries Transparency Initiative (EITI-CI), the extractive sector contributed 435.95 billion FCFA to the national budget in 2021, compared with 389.86 billion FCFA in 2020, an increase of 46.09 billion FCFA. The sector brought in 5.96% of budget revenue, compared with 6.32% in 2020. It created 0.54% of jobs in...
#Retromines2023: The Local Development Mining Fund has generated 48 billion FCFA in 2022
Over the course of 2022, a total of 48.006 billion FCFA was mobilised under the Local Development Mining Fund (LDMF) for the benefit of local authorities. This amount was divided into 2 tranches, 22.570 billion FCFA for the first half of the year and 25.436 billion FCFA for the second half. These figures were published by the Organisation pour...
Mauritania: Major gas project boosts economic growth
According to the International Monetary Fund (IMF), Mauritania's economic growth will accelerate between now and 2025. Thanks to the start-up of the Grand Tortue Ahmeyim (GTA) gas project, the growth rate will reach 14% in 2025.The IMF estimates that Mauritania's economic growth should reach 5.1% in 2024 before rising to 14.3% in 2025, thanks to the start of production...
Senegal: 110 billion FCFA generated by the extractive sector in the first half of 2022
The Extractive Industries Transparency Initiative (EITI) 2022 report on Senegal was published in December 2023. Taking into account the first half of 2022, the report reveals that the extractive sector has enabled the Senegalese state to earn more than 110 billion FCFA.The figures for the Senegalese extractive sector have been compiled on the basis of data declared by public...
