Juniors on the lookout for local nickel
Mali is seeing a rise in the number of nickel exploration applications as demand for this metal essential to energy transition continues to grow across West Africa.
Following on from Robert Friedland last year, Naguib Sawiris' La Mancha has just invested in a West Africa project of Canadian miners Benoît La Salle and Marc-Antoine Audet. French group Eramet also has its eye on a Guinean area the pair know well.
Guinean president Mamady Doumbouya has ordered a review of the rail and port infrastructure plans associated with the Simandou iron ore project, thereby delaying the start of the railway's construction. Liberia is also taking another look at plans for ArcelorMittal's rail line to transport ore through its territory.
On top of a state coup, the departure of its majority shareholder Sir Mick Davis and intrinsic logistical issues on its Zogota iron ore project, Niron Metals is facing yet another major hurdle: its rights to the site only covered a feasibility assessment which even that, it is struggling to finish.