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Niger announces nationalisation of its only gold mine (www.vanguardngr.com)

submitted 8 months ago* (last edited 8 months ago) by geneva_convenience@lemmy.ml to c/worldnews@lemmy.ml

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Niger’s military government has announced the nationalisation of the country’s sole industrial gold mine, accusing its Australian operator of “serious breaches” as the junta seeks greater control of natural resources.

The military junta has ruled the West African nation since seizing power in a 2023 coup, promising to crack down on Niger’s myriad security issues.

Juntas in Niger, neighbouring Burkina Faso and Mali have ramped up pressure on foreign mining companies in recent years, with Niger nationalising the local branch of French uranium giant Orano in June.

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[-] FEIN@lemmy.world 51 points 8 months ago

So the nation can share its own wealth instead of bowing to modern day colonialism

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[-] Maeve@kbin.earth 47 points 8 months ago

I got a little giddy, did a little jig and crossposted someone else's article. Apologies to you and the mods, , I deleted it now, but this is excellent news!

[-] geneva_convenience@lemmy.ml 34 points 8 months ago

I don't mind crossposts. And this is indeed great news for the Global South.

[-] Maeve@kbin.earth 22 points 8 months ago

You're so generous, and I do appreciate it. It would have been two articles about the topic in World News, so I just saved the mods an unnecessary step. You posted first, so naturally your post should remain. The source from the other article was Barron's if you're curious.