Despite Barrick’s Woes, Miners Unlikely To Quit The Sahel
January 15th, 2025
Via The Africa Report, a report on why – despite Barrick’s woes – miners are unlikely to quit the Sahel: The Mali junta is seizing control over its mineral wealth, perhaps freeing up cash to spend on Russian mercenaries. But how much more are mining companies willing to take? Mining company Barrick Gold has suspended […]
Read more »Mali to Get $1.2 Billion From Miners After Talks
January 11th, 2025
Via Bloomberg, a report on Mali’s mining sector: Cash-strapped junta brought miners to the negotiating table Miners had already paid 500 billion CFA francs by December Mali is set to get 750 billion CFA francs ($1.2 billion) from miners in the first quarter this year following an overhaul of its mining sector. In late December, […]
Read more »Global Mining’s Dangerous New Reality: Guns, Hostages, Arrests
January 6th, 2025
Via the Wall Street Journal, a report on how – with the U.S. and China intensifying demand for critical metals and minerals – host countries are making hostile plays for more of the profits: Neil Warburton was finishing up his breakfast of porridge and local honey when the armed soldiers converged. The Australian veteran mining executive […]
Read more »West Africa Bloc Offers Junta-Led States Six Months To Rethink Exit
December 22nd, 2024
Via Reuters, a report on ECOWAS’s efforts to persuade Mali, Burkina Faso, and Niger to stay within the bloc: Mali, Burkina Faso and Niger will have a six-month grace period after their scheduled exit from West Africa’s main political and economic group next month during which the ECOWAS bloc will try to persuade them to […]
Read more »Chinese Demand for Rosewood Empowers Some of Africa’s Deadliest Terrorist Groups
December 8th, 2024
Via The Diplomat, an article on how Chinese smuggling rings have been instrumental in the illegal trafficking of rosewood. They also provide support to terrorist groups in West Africa and Mozambique. For centuries, cultures around the globe have prized items made from rosewood due to its fine-grained durability and rich coloring. Nowhere has this been […]
Read more »Mali’s Junta Escalates Fight with Mining Groups Over Profit Share
November 16th, 2024
Courtesy of The Financial Times, an article on the Malian junta’s efforts to gain a greater share of gold producers’ profits: The detention in Mali of an international mining boss and two of his colleagues has raised alarm across the industry about growing personal risks for executives in the gold-rich west African nation. Resolute Mining’s […]
Read more »Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.