Connect with us

Politics

Barrick Gold, Mali govt resolve issues on Loulo and Gounkoto mines

Published

on

The government of Mali and Barrick Gold Corp (ABX.TO) have resolved their ongoing claims and disagreements about the Loulo and Gounkoto gold mines in that West African nation, the company announced on Monday.

Two days after four Barrick employees were detained by the Malian government, the second-largest miner in the world made a statement. A new mining agreement that would allow Mali’s military-led government more control over its resources has been negotiated by the two sides. Among Africa’s top producers of gold is Mali.

According to Barrick, once the terms of the settlement have been finalised, the agreement’s specifics will be made public.

“The current negotiations have proved challenging but we’re encouraged by the government’s recognition of the importance of securing the long-term viability of the Loulo-Gounkoto complex as a substantial contributor to the Malian economy,” Barrick’s CEO, Mark Bristow, said in a statement.

It was not immediately possible to reach the Mali government for comment.

Barrick announced in July that it has made over $10 billion in economic investments in Mali during the previous 29 years.

Politics

Rwandan foreign minister claims Congo refused M23 peace offer

Published

on

Rwandan Foreign Minister, Olivier Nduhungirehe, has claimed that his Congolese colleague had refused to sign a pact to address the M23 rebel violence in the eastern Democratic Republic of Congo.

Since 2022, the Tutsi-led M23 has been fighting in the violence-torn east of central Africa, displacing over 1.7 million people.

Congo, the UN, and others accuse Rwanda of providing troops and ammunition to the group. Rwanda denies aiding M23 and accuses Congo of fighting alongside the Democratic Forces for the Liberation of Rwanda (FDLR), which has attacked Tutsis in both countries.

Both nations took part in peace talks in late August to reduce the hostilities, which have exacerbated the humanitarian catastrophe in the area and occasionally stoked concerns about a wider war.

Nduhungirehe told Reuters that a strategy “for neutralising the FDLR and lifting Rwanda’s defence measures” had been agreed upon and signed by participants in the negotiations, including the head of military intelligence for the Democratic Republic of the Congo.

He made this statement on the fringes of a conference in France between leaders of French-speaking nations, saying that ministers were expected to sign this accord on September 14.

“We were ready to sign … but the Congolese minister refused. She first commented on the report and then later, after consultation, she came back. She told us she was opposed to adopting the report.”

According to Nduhungirehe, the plan called for Rwanda to ease its “defence measures” a few days after the activities against the FDLR, however, the Congolese minister objected to these not occurring at the same time.

An inquiry for comment was not immediately answered by a Congolese government representative.

Paul Kagame and Felix Tshisekedi, the leaders of Rwanda and the Congo, were present at the meeting in France. Though a three-way meeting was suggested by French President Emmanuel Macron, the two ultimately had separate private encounters with Macron.

“The situation is still too tense (for a three-way meeting),” Macron told reporters later on Saturday. It “calls for efforts on both sides,” he said calling on the two countries to reach an agreement.

Continue Reading

Politics

Equatorial Guinea wants Gabon’s claim on islands rejected by ICJ

Published

on

Equatorial Guinea requested on Monday that the International Court of Justice (ICJ) dismiss Gabon’s claim to multiple islands situated in potentially oil-rich seas within the Gulf of Guinea.

The tiny island of Mbanié, which is located less than a kilometre (about 1,000 yards) off the coast of Gabon, is the centre of a dispute between the two major oil-producing countries of Africa. They have requested that the UN’s highest court resolve the case.

“Gabon’s position is factually and legally untenable,” said Equatorial Guinea’s representative at the court, Domingo Mba Esono.

Since Gabon’s army ousted Equatorial Guinean soldiers from Mbanié in 1972, there has been violence. Since then, Gabon has established its own military outpost on the 74-acre, nearly deserted island (30 hectares).

However, the conflict was forgotten until the early 2000s, when renewed interest in the Gulf of Guinea was sparked by the possibility of oil.

Following years of UN mediation, the nations inked a deal in 2016 that would eventually allow the International Court of Justice, or World Court, to resolve the conflict.

The convention that divided up French and Spanish colonial holdings in West Africa in 1900 serves as the foundation for Equatorial Guinea’s claim to the islands.

In the meantime, Gabon asserts that the 1974 accord ought to serve as the foundation for the ICJ’s ruling. Gabon’s 1974 agreement evidence document, according to Equatorial Guinea, is not an original and is not signed.

Hearings will last a week. Gabon presents its case on Wednesday. Next year is anticipated to see the court’s definitive and binding decision.

Continue Reading

EDITOR’S PICK

Uncategorized1 hour ago

Kenyan MPs vote to impeach deputy president

The Senate will now be able to consider the impeachment petition of Kenya’s deputy president, Rigathi Gachagua, who is accused...

VenturesNow2 hours ago

Fortuna Mining says Burkina Faso won’t scrap permits

The Burkina Faso government does not intend to revoke Fortuna Mining’s current mining permits within the nation, the Canadian company...

VenturesNow2 hours ago

Nigerian govt begins 2025 retirees’ enrollment

Nigeria’s National Pension Commission has declared that it has formally begun the process of enrolling potential retirees in 2025, highlighting...

Musings From Abroad2 hours ago

US CDC issues second-highest Marburg travel advisory for Rwanda

As a result of the Marburg disease epidemic in Rwanda, the United States government has announced that its agency will...

Metro3 hours ago

All the choices we have made are for sustainable, inclusive growth— Tinubu

Nigeria’s President Bola Tinubu has reiterated that all the choices his administration has made since assuming office 17 months ago...

Tech20 hours ago

Nigeria’s agri-tech startup Winich Farms raises $3m to expand operations

Nigerian agri-tech startup specialized in the supply of farm grain produce to retailers, Winich Farms, has announced raising $3 million...

Metro20 hours ago

10 Zambian miners confirmed dead, 20 feared trapped in Mumbwa mine tragedy

At least 10 Zambian miners have been confirmed dead, with 20 others feared missing after the collapse of the Lwiili...

Musings From Abroad1 day ago

US ‘conflict minerals by disclosure rule’ has not lessened Congo bloodshed, monitor claims

In a study released on Monday, a United States congressional watchdog stated that it had not discovered any proof that...

Metro1 day ago

We did not refuse evacuation, Nigerians in Lebanon debunk govt’s position

The Nigerian community in conflict-hit Lebanon have debunked the position of the federal government that many of its citizens refused...

Metro1 day ago

Tanzanian govt wages war on media, bans news sites over animation of President Suluhu

The media in Tanzania has come under attack after the country’s communications regulator banned three digital platforms over the publication...

Trending