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Mauritania
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Uranium developer Aura Energy is nearing a final investment decision on the Tiris project in Mauritania by the end of 2026, following a bankable feasibility study due in September. The company has settled the project's processing flowsheet and signed a nonbinding memorandum of understanding with an undisclosed major international nuclear power company covering potential investment, offtake and technical collaboration.
Via Africa subsea cable to link Europe and Africa along Atlantic coastA consortium including International Mauritania Telecom, Orange Group, Sonatel and other industry players has launched the Via Africa submarine cable project to connect Europe to South Africa along the Atlantic coastline. Landing points are planned in the UK, France and Portugal, with destinations including Mauritania, Senegal, Guinea, Côte d'Ivoire and Nigeria, aiming to strengthen connectivity diversity and resilience for countries along the route.
Kinross reports record quarterly free cash flow from Mauritanian and other operationsCanadian gold miner Kinross Gold has declared a dividend of $0.04 for the first quarter after generating a record attributable free cash flow of $837-million. The company, which has operations in the US, Brazil, Mauritania, Chile and Canada, produced 492 563 gold-equivalent ounces in the quarter and remains on track to meet its full-year guidance of two-million gold-equivalent ounces.
Mauritania Updates
Mining explosives and blasting technology supplier BME’s modular emulsion manufacturing plants are addressing the extreme and remote conditions of the African mining sector, as they reduce exposure...
SEW-EURODRIVE South Africa is making strong progress in its strategy to become a key player in industrial gearboxes, drives and automation across the continent. Years of proactive planning and...
Crane and hoist manufacturer Condra has expanded its maintenance programme to include hands-on training for customers’ service personnel, with further plans to introduce remote diagnostics for...
The project is advancing towards a final investment decision targeted for the end of 2026.
ASX- and Aim-listed uranium developer Aura Energy is nearing a final investment decision (FID) on the Tiris project, in Mauritania, underpinned by a robust processing flowsheet, positive indicative...
A memorandum of understanding (MoU) has kicked off the initiation of the Via Africa submarine cable project, a major new Europe–Africa submarine cable project that will connect Europe to Africa...
Canadian gold miner Kinross Gold Corporation has declared a dividend of $0.04 for the first quarter of the year after posting a strong production and financial performance. The group produced 492...
TSX-listed First Quantum Minerals has posted a net attributable loss to shareholders of $196-million, or $0.24 apiece, for the three months ended March 31. On an adjusted basis, the company...
The global total of low-carbon hydrogen production capacity has grown significantly over the past few years, but the sector remains constrained because of uncertain demand and limited investment....
More than 500 people died in the Mediterranean Sea in the first 40 days of 2026 as they desperately attempted to make their way to Europe in search of safety or opportunity, which their often...
Agro-food specialist investment holding group Invictus Investment has reported that it entered eight new African markets last year. The group, based in Dubai in the United Arab Emirates (UAE), had...
Global mining equipment supplier TAKRAF is positioning collaboration, innovation and full-flowsheet capability at the centre of its African growth strategy, TAKRAF South Africa MD Richard Späth...
BME Metallurgy is the minerals processing division of explosives manufacturer BME, a subsidiary of diversified chemicals group Omnia Holdings. It was previously known as Protea Mining Chemicals...
The African Development Bank (AfDB) has launched the next stage of the Mission 300 initiative, which is a joint AfDB-World Bank programme to connect 300-million Africans with electricity by 2030....
Fire suppression solutions provider Advanced Fire Global continues to cement its position as Africa’s leading fire suppression solutions provider, driven by exceptional growth, strategic expansion,...
With burgeoning demand for critical minerals globally, there is a need for secure, sustainable and resilient supply chains to ensure countries can capitalise on this momentum and their resources....
Technology group Wärtsilä has renewed its operation and maintenance (O&M) agreement with Tasiast Mauritanie, a subsidiary of Canada’s Kinross Gold for a further three years. The agreement will...
The African Development Bank (AfDB) and the European Investment Bank (EIB) signed a financing package worth $275-million to help Mauritania upgrade its main railway corridor. Under the agreement,...
GE Vernova, Inc. (NYSE: GEV) is participating at B20 South Africa as part of the Energy Mix & Just Transition Task Force to help advance practical solutions that scale up more affordable,...
The pace of iron-ore exploration and project development across Africa will depend largely on future price levels, which, in turn, are influenced by global supply and demand dynamics, according to...
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