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BURKINA FASO

Néré Mining rocked by shareholders' dispute

After the Karma gold mine was raided once again by attackers on 20 August, forcing owner Néré Mining to temporarily halt its extraction operations, the firm's deputy managing director Stefan Maré was fired by its co-founders Grégory Quérel and Elie Justin Ouédraogo. [...] (485 words)

Issue dated 09/09/2022 Reading time 2 minutes

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Finance Mining Business

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BURKINA FASO
Benjamin Taita
Coris Bank
Elie-Justin Ouédraogo
Endeavour Mining
Grégory Quérel
Karma Riverstone
Necotrans
Néré Mining
One Continent Investment
Souleymane Ouedraogo
Stefan Maré
Vigne Solutions
Vladimir Ouédraogo

French investigators probe former African logistics giant Necotrans

French financial crimes prosecutors have been investigating Necotrans, a former champion of port logistics in Africa, for the past two years. Brothers Grégory and Emmanuel Quérel and their links with Guinea-Bissau President Umaro Sissoco Embalo are at the heart of the probe.

The construction site of the Essakane gold mine, 12 May 2010. © Issouf Sanogo / AFP

Spotlight

BURKINA FASO Mining 13/10/2022

Miners take stock of security situation after latest coup

Mining firms in Burkina Faso were relieved to find that the senior army officers in charge of protecting their sites were still in place after the recent military coup. But their activities are still dogged by regular attacks by armed groups.

AFRICA Mining 23/06/2022

Creation of mining royalty giant enters final straight

A number of financial and legal advisers have been brought in to assist in the merger of Altus Strategies with Elemental Royalties. The resulting entity will be one of the largest holders of royalties on mining projects in Africa.

BURKINA FASO Mining 13/06/2022

New Karma gold mine owner Nere Mining already worried about its prospects

Nere Mining, which bought Burkina Faso's Karma gold mine from Endeavour Mining in March, recently told the authorities that it was worried about the security situation around the site. It is also in the middle of negotiations regarding the relocation of a cemetery on land where it intends to start mining shortly.

BURKINA FASO Mining 25/04/2022

The who's who of the mining sector reform discussions

The future of Burkina Faso's mining sector is at the heart of discussions that began in April between the junta, the government, the Chamber of Mines and civil society. Veterans and newcomers to this industry, which is key to the country's GDP, are helping define and negotiate its framework.

BURKINA FASO GUINEA Mining 21/04/2022

Russia's Nordgold talks up its future despite sanctions and closure of Taparko gold mine

The gold producer Nordgold, which has just announced the closure of one of its mines in Burkina Faso, claims to have found an alternative solution for refining its African output, which was an early victim of the sanctions targeting Russia and Nordgold's owner, oligarch Alexey Mordashov.

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BURKINA FASO
Benjamin Taita
Coris Bank
Elie-Justin Ouédraogo
Endeavour Mining
Grégory Quérel
Karma Riverstone
Necotrans
Néré Mining
One Continent Investment
Souleymane Ouedraogo
Stefan Maré
Vigne Solutions
Vladimir Ouédraogo

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Algerian secret services in survival mode in North Mali

As fight against M23 continues, Kigali and Kinshasa wage war of intelligence

Néré Mining rocked by shareholders' dispute

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French investigators probe former African logistics giant Necotrans

Miners take stock of security situation after latest coup

Creation of mining royalty giant enters final straight

New Karma gold mine owner Nere Mining already worried about its prospects

The who's who of the mining sector reform discussions

Russia's Nordgold talks up its future despite sanctions and closure of Taparko gold mine

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Algerian secret services in survival mode in North Mali

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Néré Mining rocked by shareholders' dispute

This article may be accessed by subscribers and e-wallet holders (USD 12.50)

2 options offered to continue reading

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create a free account

Set up email notifications for these topics

French investigators probe former African logistics giant Necotrans

Miners take stock of security situation after latest coup

Creation of mining royalty giant enters final straight

New Karma gold mine owner Nere Mining already worried about its prospects

The who's who of the mining sector reform discussions

Russia's Nordgold talks up its future despite sanctions and closure of Taparko gold mine

Set up email notifications for these topics

First visit

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Indigo Publications also publishes: