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