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gold bars

Rise in Gold Prices Expected This Year

According to recent estimates by Goldman Sachs, the cost of gold could rise to 2,900 USD by 2025.

SAMIFIN and OMNIS strengthen their partnership

Strengthening Madagascar’s Appeal for International Investments During a meeting in Ambohijanaka, a closer collaboration was established between the Office of National Mines and Strategic Industries (OMNIS)

Resumption of Base Toliara Project Welcomed

Chamber of Mines and GEM appreciate the government’s decision The decision by the government to lift the suspension of the Base Toliara project is warmly welcomed

State Grants an Artisanal Mining Permit in Ambatondrazaka

Ensuring sustainable management of mineral resources The Minister of Mines, Herindrainy Olivier Rakotomalala, has issued an Artisanal Mining Exploitation Authorization (AMEA) to the Firaisankina miners’ group,

madagascar ambatovy mining

Ambatovy Gradually Increases Production

Challenges in the mining sector Following a month-long production halt of nickel and cobalt, the Ambatovy mining complex is gradually resuming operations, particularly after addressing a

madagascar mining Molo Nextsource Materials

First Exports of Graphite Extracted

Graphite designed for leading international markets NextSource Materials, a Canadian company operating the Molo graphite mine, announced its first commercial deliveries of graphite concentrate to Germany

madagascar gold exports

State encourages gold exports

Measures to facilitate gold exports Exporting refined gold should now be easier for companies. According to the Minister of Mines, Olivier Herindrainy Rakotomalala, steps have been

madagascar QMM

QMM invests further in mining projects

Over 1 billion USD invested Qit Minerals Madagascar (QMM) has reported that its investments have surpassed 1 billion USD since 2005. A substantial portion of these

madagascar molo graphite mine

IFC supports the Molo graphite mine expansion project

Increasing production from 17,000 to 150,000 tons annually The Canadian company NextSource Materials, which operates the Molo graphite mine in Atsimo Andrefana, is enhancing its annual

madagasar gold refinery

Gold refinery project in Madagascar

Madagascar collaborates with the United Arab Emirates The inauguration of the first Malagasy gold refinery will be realized through a partnership with the United Arab Emirates.

madagascar indian ocean business forum

Indian Ocean Business Forum : 25 countries to participate

Facilitating connections among economic actors in the region On November 14 and 15, 2024, the « CEO Business Forum Indian Ocean » will gather representatives from

madagascar sumitomo nickel

Nickel : Sumitomo forecasts production of 30,000 tonnes this year

Falling nickel prices impact the market The Ambatovy mining company, in which Japan’s Sumitomo Corporation holds the largest stake, is anticipating nickel production of approximately 30,000