Tag #Gold Mining

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bbc.com

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Jul 3, 22:13

Sahel Gold Fuels Conflicts, Human Rights Abuses

Gold production in Burkina Faso, Mali, and Niger, reaching approximately 230 tons annually worth \$15 billion, is funding military governments' operations against insurgents, but also fueling human rights abuses and enriching extremist groups; the lack of international regulation allows conflict gol...

Sahel Gold Fuels Conflicts, Human Rights Abuses

Gold production in Burkina Faso, Mali, and Niger, reaching approximately 230 tons annually worth \$15 billion, is funding military governments' operations against insurgents, but also fueling human rights abuses and enriching extremist groups; the lack of international regulation allows conflict gol...

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No Poverty

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How is the surging gold market impacting conflict and governance in Burkina Faso, Mali, and Niger?

In Burkina Faso, Mali, and Niger, gold production—approximately 230 tons annually, worth roughly \$15 billion—is fueling military governments and exacerbating conflicts. These funds are used to support military operations against insurgent groups, but also contribute to human rights abuses by government forces and their allies.

theglobeandmail.com

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Jul 2, 22:13

Investor Risks in Gold and Rare Earth Mining

Rising gold prices are driving down the quality of new stock offerings, while speculative rare earth mining projects in Canada pose environmental and logistical risks for investors, highlighting conflicts of interest within the finance industry.

Investor Risks in Gold and Rare Earth Mining

Rising gold prices are driving down the quality of new stock offerings, while speculative rare earth mining projects in Canada pose environmental and logistical risks for investors, highlighting conflicts of interest within the finance industry.

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Responsible Consumption and Production

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What immediate risks do rising gold prices and the potential for rare earth mining in Canada pose to investors?

Two significant risks facing domestic investors are the declining quality of newly issued gold stocks due to increased demand and the potential for environmentally damaging, poorly planned rare earth mining ventures in Canada. Investment bankers prioritize corporate clients, potentially leading to lower-quality assets for investors in gold; Canadian rare earth mining projects often lack infrastructure and permits, posing environmental and logistical risks.

theguardian.com

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May 29, 13:12

Peru Gold Mine Massacre Fuels Violent Conflict

In Peru's Pataz gold mining region, 13 security guards were murdered in May 2024, prompting a government crackdown on illegal mining amidst a surge in violence fueled by high international gold prices and competing interests between criminal gangs, artisanal miners, and the large mining company Pode...

Peru Gold Mine Massacre Fuels Violent Conflict

In Peru's Pataz gold mining region, 13 security guards were murdered in May 2024, prompting a government crackdown on illegal mining amidst a surge in violence fueled by high international gold prices and competing interests between criminal gangs, artisanal miners, and the large mining company Pode...

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Reduced Inequality

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How does the high international gold price contribute to the violence and illegal activities in Pataz?

The conflict stems from the lucrative gold mining operations in Pataz, where the struggle for control of mines and ore has led to numerous deaths and disappearances. This violence is exacerbated by the complex interplay of artisanal miners, criminal organizations, and Poderosa's mining activities, creating a dangerous environment.

smh.com.au

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May 20, 10:13

Aguia Resources Starts Drilling Program at High-Grade Santa Barbara Gold Project

Aguia Resources launched a 2500-meter drilling program at its Colombian Santa Barbara gold project to expand underground production and define a maiden JORC resource by year-end, mirroring successful high-grade projects like Buriticá and potentially unlocking a multi-million-ounce gold deposit while...

Aguia Resources Starts Drilling Program at High-Grade Santa Barbara Gold Project

Aguia Resources launched a 2500-meter drilling program at its Colombian Santa Barbara gold project to expand underground production and define a maiden JORC resource by year-end, mirroring successful high-grade projects like Buriticá and potentially unlocking a multi-million-ounce gold deposit while...

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Decent Work and Economic Growth

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What is the immediate impact of Aguia Resources' drilling program at the Santa Barbara gold project?

Aguia Resources initiated a 25-hole, 2500-meter drilling program at its Santa Barbara gold project in Colombia to expand underground production and define a maiden JORC resource by year-end. The program targets the Santa Barbara main vein and Vein 2, with deeper holes testing downdip potential. Initial results from trial mining show head grades up to 24g/t gold.

smh.com.au

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May 7, 07:17

Aguia Resources: Gold Production Soars, Phosphate Plant Secured

Aguia Resources' Colombian gold mine, Santa Barbara, is producing 15 tonnes of gold daily, aiming for 50 tonnes by July, following upgrades and government approval for international sales amidst high gold prices; the company also secured a lease on a Brazilian phosphate plant.

Aguia Resources: Gold Production Soars, Phosphate Plant Secured

Aguia Resources' Colombian gold mine, Santa Barbara, is producing 15 tonnes of gold daily, aiming for 50 tonnes by July, following upgrades and government approval for international sales amidst high gold prices; the company also secured a lease on a Brazilian phosphate plant.

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How did Aguia Resources manage to mitigate the financial burden of establishing a phosphate processing plant?

The company's success is attributed to efficient capital use and operational improvements. Securing full government approval for domestic and international gold sales is a crucial step, allowing Aguia to capitalize on high gold prices. Trial mining indicates high-grade gold with similar results expected from current operations.

elpais.com

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May 2, 10:12

Ghana Bans Foreign Gold Trade, Creates State Monopoly

Ghana's new government banned foreign participation in its gold market, establishing Goldbod—a state-owned enterprise—as the sole buyer, seller, and exporter of gold to combat unregulated mining's disastrous economic, health, and environmental consequences, and to increase state revenue.

Ghana Bans Foreign Gold Trade, Creates State Monopoly

Ghana's new government banned foreign participation in its gold market, establishing Goldbod—a state-owned enterprise—as the sole buyer, seller, and exporter of gold to combat unregulated mining's disastrous economic, health, and environmental consequences, and to increase state revenue.

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Responsible Consumption and Production

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How will Ghana's new gold regulation impact artisanal miners and the environment?

This ban, impacting Ghana—Africa's largest and the world's sixth-largest gold producer—reflects years of discontent over minimal tax revenue from the sector and the environmental damage caused by unregulated mining. The government aims to improve transparency and revenue collection through Goldbod, which will also regulate larger-scale operations.

bbc.com

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Jul 2, 04:11

Sahel Gold Fuels Conflict Amidst Record Prices

Record-high gold prices in 2025 are fueling conflicts in Burkina Faso, Mali, and Niger, where military juntas utilize gold revenues to fund counterinsurgency campaigns involving Russian mercenaries, leading to human rights abuses and little benefit to local populations; weak ethical standards and tr...

Sahel Gold Fuels Conflict Amidst Record Prices

Record-high gold prices in 2025 are fueling conflicts in Burkina Faso, Mali, and Niger, where military juntas utilize gold revenues to fund counterinsurgency campaigns involving Russian mercenaries, leading to human rights abuses and little benefit to local populations; weak ethical standards and tr...

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Peace, Justice, and Strong Institutions

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How does the involvement of Russian firms and mercenaries in the Sahel's gold industry affect regional stability and human rights?

The increase in gold production in the Sahel region, exceeding that of any other African country, has profound implications for regional conflict. The revenue generated primarily finances military operations, often involving Russian mercenaries like the Wagner Group, leading to human rights abuses documented by Human Rights Watch. This financial dependence on gold exacerbates existing conflicts and empowers armed groups, creating a vicious cycle of violence.

arabic.euronews.com

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Jun 13, 04:10

Sudan Conflict Escalates: RSF Claims Jabal al-Awainat Victory

The Rapid Support Forces (RSF) in Sudan claim control of the strategically important Jabal al-Awainat triangle bordering Libya and Egypt, sparking a conflict involving accusations of external support from Libya and the UAE, raising regional security concerns.

Sudan Conflict Escalates: RSF Claims Jabal al-Awainat Victory

The Rapid Support Forces (RSF) in Sudan claim control of the strategically important Jabal al-Awainat triangle bordering Libya and Egypt, sparking a conflict involving accusations of external support from Libya and the UAE, raising regional security concerns.

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Peace, Justice, and Strong Institutions

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What is the immediate impact of the Rapid Support Forces' claimed victory in the Jabal al-Awainat region on regional stability?

The Rapid Support Forces (RSF) claim control of the "strategic triangle" of Jabal al-Awainat, a border region between Sudan, Egypt, and Libya, publishing videos of their fighters in the area and declaring it a significant victory. The Sudanese army attributes its withdrawal to defensive redeployments but accuses Libyan commander Khalifa Haftar's forces of supporting the RSF.

smh.com.au

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May 27, 10:14

Aurum Expands Côte d'Ivoire Gold Project with Strategic Permit Acquisition

Aurum Resources added two new permits (316 sq km) to its Boundiali gold project in Côte d'Ivoire, potentially expanding its 1.6 million-ounce resource. The acquisition, through a joint venture with Encore Resources, involves share-based milestones and staged earn-in opportunities for Aurum, which co...

Aurum Expands Côte d'Ivoire Gold Project with Strategic Permit Acquisition

Aurum Resources added two new permits (316 sq km) to its Boundiali gold project in Côte d'Ivoire, potentially expanding its 1.6 million-ounce resource. The acquisition, through a joint venture with Encore Resources, involves share-based milestones and staged earn-in opportunities for Aurum, which co...

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What is the immediate impact of Aurum Resources' acquisition of two new permits on its Boundiali gold project?

Aurum Resources has expanded its Boundiali gold project in Côte d'Ivoire by acquiring two new permits covering 316 square kilometers. This acquisition extends the project's southern extent and is expected to increase the project's mineral resource. The permits were acquired through a joint venture agreement with Encore Resources Côte d'Ivoire SARL, where Aurum can earn up to 80% interest.

abcnews.go.com

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May 13, 07:09

Mercury Poisoning in Senegal's Gold Mining Sector"

In Senegal's Kedougou region, women use mercury to extract gold, causing severe health risks and environmental contamination despite the availability of mercury-free alternatives and government initiatives, highlighting the need for broader community engagement and improved access to safer technolog...

Mercury Poisoning in Senegal's Gold Mining Sector"

In Senegal's Kedougou region, women use mercury to extract gold, causing severe health risks and environmental contamination despite the availability of mercury-free alternatives and government initiatives, highlighting the need for broader community engagement and improved access to safer technolog...

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Good Health and Well-being

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What are the immediate health and environmental consequences of mercury use in Senegal's artisanal gold mining sector?

In Senegal's Kedougou region, women like Sadio Camara use mercury to extract gold from ore, exposing themselves and their families to severe health risks, including irreversible brain damage and developmental delays. Even small-scale exposure is dangerous, and the process contaminates the environment, poisoning water and soil. This practice is widespread despite its dangers and the availability of safer, mercury-free alternatives.",

theglobeandmail.com

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May 7, 04:14

Canadian Companies Thrive Amidst Global Market Uncertainty

Ten Canadian companies, seven in the metals and mining sector, showed positive growth despite global market uncertainty following new tariffs, benefiting from increased gold prices and a weakening U.S. dollar; however, companies with significant U.S. revenue face exposure to trade uncertainty.

Canadian Companies Thrive Amidst Global Market Uncertainty

Ten Canadian companies, seven in the metals and mining sector, showed positive growth despite global market uncertainty following new tariffs, benefiting from increased gold prices and a weakening U.S. dollar; however, companies with significant U.S. revenue face exposure to trade uncertainty.

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Decent Work and Economic Growth

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What Canadian companies show positive growth despite global market turmoil caused by new tariffs, and what factors contribute to their success?

Ten Canadian companies with market capitalization above $1 billion, projected sales growth exceeding 10 percent, and earnings growth surpassing 20 percent over the next two years, and positive returns since April 2nd, were identified. Seven operate in the metals and mining sector, benefiting from increased gold prices due to global uncertainty and a weakening U.S. dollar. Calibre Mining Corp. (CXB-T) ranked first, showing 219.7 percent earnings growth and 62.4 percent sales growth projections.

smh.com.au

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Apr 30, 07:19

Rio2's Fenix Gold Project on Track for 2026 Gold Pour

Rio2 Limited's Fenix Gold project in Chile's Atacama region, currently 19% complete and under budget, targets early 2026 for first gold pour, aiming for 91,000 ounces annually, utilizing a unique heap leach operation minimizing environmental impact.

Rio2's Fenix Gold Project on Track for 2026 Gold Pour

Rio2 Limited's Fenix Gold project in Chile's Atacama region, currently 19% complete and under budget, targets early 2026 for first gold pour, aiming for 91,000 ounces annually, utilizing a unique heap leach operation minimizing environmental impact.

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What are the key milestones achieved and projected timeline for Rio2's Fenix Gold project, and what are the immediate economic implications?

Rio2 Limited's Fenix Gold project in Chile is 19% complete and on budget, with US$30.1 million spent. First gold pour is targeted for early 2026, aiming for 91,000 ounces annually for the first 12 years. The project utilizes a unique heap leach operation, minimizing environmental impact.

Showing 13 to 24 of 40 results