African mining Tag

Canada’s Endeavour Mining has dropped its plan to acquire Egypt-focused Centamin for US$1.9 billion as it did not get enough information on the latter’s assets during an assessment. Centamin’s sole operating asset is the Sukari Gold Mine, located in the Eastern Desert approximately 700 km from...

A new report by global consultancy Verisk Maplecroft has found that resource nationalism is set to increase across African mining jurisdictions in the near future. Verisk’s latest Resource Nationalism Index (RNI) had four African states in the top 10 highest risk countries, with Tanzania ranked second, eSwatini (formerly...