Browsing Tag

Gold

Nigerian Athlete Olayinka Olajide Makes History At African Games


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Anything short of gold for any athlete is usually regarded as a consolation. But at times, it becomes something special when an athlete is able to win gold, silver and bronze at a single championship, and that is the story of Olayinka…

Mali, Russia ink deal for gold refinery project


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Mali's military government has officially entered into an agreement with Russia, unveiling plans for a state-of-the-art gold refinery project to be established in the Malian capital, Bamako. The deal, which spans four years, includes the…

Burkina Faso closes 43 artisanal gold mines


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The authorities of the Boucle du Mouhoun, in the northwest of Burkina Faso, have ordered the closure of 43 gold mining sites for "security reasons" as of Wednesday, in this region plagued by terrorist violence. In an order dated 27th…

Burkina Faso grants Russia permit for gold mine


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The government in Burkina Faso has granted a licence to a Russian mining company, Norgold, to operate a new gold mine. The operating permit is for a period of four years in an area situated in the northern central region. The Russian…

Burkina Faso protest over arrested gold miners


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Two people have been confirmed dead in Houndé, western Burkina Faso following clashes between police and angry gold miners during protest. According to government’s spokesperson, the clash was a result of 12 of their comrades (gold…

Burkina Faso: Gold mine blast death toll rises


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The explosion in Burkina Faso death toll rises to 63 , one person was reportedly detained, an investigation is opened to determine the cause of an explosion. In South-western Burkina Faso, the blast left nothing but devastation, the…

Benin project turns waste fabric into recycle ‘gold’


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In Benin's coastal town of Ouidah, an initiative employs people with disabilities to transform fabric scraps into beautiful artefacts sold in big hotels in the West African country and abroad. Every morning, Amaké Yessoufou goes around…

Gold-buying: Association seeks partnership with FCTA


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A group, Precious Metal Gold Processors and Exporters Association of Nigeria, has sought the partnership of the Federal Capital Territory Administration (FCTA) for the establishment of a gold-buying centre in the nation's…

Gold heads for biggest monthly decline since November 2016


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Gold headed for the biggest monthly drop in more than four years after the Federal Reserve sped up their expected pace of policy tightening, sending prices tumbling below $1,800 an ounce. The rise in U.S. stocks to a fresh record and a…