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Mauritania

Mauritania is a country in north-west Africa bordered by the Atlantic Ocean to the west, Western Sahara to the north and north-east, Algeria to the north-east, Mali to the east and south-east, and Senegal to the south-west. The capital is Nouakchott, which lies on the Atlantic coast and serves as the country's economic and administrative centre. With a population of about 4.5 million, Mauritania has a largely desert landscape dominated by the Sahara, which covers much of its territory. The economy is driven by mining, particularly iron ore and gold, fishing, and livestock herding. Mauritania is one of Africa's leading iron ore exporters, and the mining sector attracts significant foreign investment. The country is also emerging as a gold producer, with several international mining companies operating exploration and production projects. The currency is the ouguiya. Mauritania is a presidential republic and a member of the African Union and the Arab League, reflecting its position at the cultural crossroads between Arab North Africa and sub-Saharan Africa. The country gained independence from France in 1960 and has since navigated periods of military rule, democratic transition, and ongoing efforts to diversify its resource-dependent economy.

Mauritania Updates


Drilling on the Tiris project, in Mauritania
Aura Energy confirms 'clear run' to FID by year-end for Tiris uranium mine
2nd June 2026 By: Marleny Arnoldi

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... 


New subsea cable to strengthen the connectivity between Europe, Africa launched
14th May 2026 By: Natasha Odendaal

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... 


Kinross gold pour at Fort Knox mine
Kinross generates new record quarterly free cash flow of $837m
30th April 2026 By: Marleny Arnoldi

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... 


First Quantum Minerals CEO Tristan Pascall
First Quantum posts Q1 loss, increases full-year copper guidance
29th April 2026 By: Marleny Arnoldi

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... 


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