
Allied Gold, Ambrosia Strike $500M Deal for African Mining Expansion
Allied Gold has entered into a $500 million partnership with UAE-based Ambrosia Investment Holding to accelerate mining operations in Mali and Ethiopia.

Allied Gold has entered into a $500 million partnership with UAE-based Ambrosia Investment Holding to accelerate mining operations in Mali and Ethiopia.

Ivanhoe Mines’ Makoko discovery in the Democratic Republic of the Congo ranks as the world’s fourth-largest and highest-grade copper deposit.

Koryx Copper has completed 17 of 37 planned drill holes in Phase Two at the Haib Copper Project, confirming high-grade copper deposits.

The new joint venture, TEVA Ship Charter, will assume ownership of the Tungsten drillship once its current drilling contract in the Republic of Congo is completed.

VAALCO Energy’s recent drilling contract award highlights a resurgence in Africa’s offshore oil and gas industry, a trend that will be a focal point at the Invest in African Energy Forum in Paris next May.

The growing trend of rig market consolidation will be explored at the 2025 Invest in African Energy Forum in Paris, highlighting the anticipated role of deepwater production growth in Africa’s energy security.

The joint venture company has found positive signs of lithium-rich minerals following a ground soil sampling program at the HCK Project in Rwanda.

The Eastern Africa Power Pool (EAPP) – a regional power market – will launch a new system of electricity trading by December 2024.

Turkey and Somalia are engaged in discussions regarding deep-sea drilling operations off the coast of Somalia slated for the upcoming year.

The Invest in African Energy forum will explore financing and development opportunities in LPG storage and distribution across East Africa, as the region seeks to bolster clean cooking access.
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Allied Gold has entered into a $500 million partnership with UAE-based Ambrosia Investment Holding to accelerate mining operations in Mali and Ethiopia.

Ivanhoe Mines’ Makoko discovery in the Democratic Republic of the Congo ranks as the world’s fourth-largest and highest-grade copper deposit.

Koryx Copper has completed 17 of 37 planned drill holes in Phase Two at the Haib Copper Project, confirming high-grade copper deposits.

The new joint venture, TEVA Ship Charter, will assume ownership of the Tungsten drillship once its current drilling contract in the Republic of Congo is completed.

VAALCO Energy’s recent drilling contract award highlights a resurgence in Africa’s offshore oil and gas industry, a trend that will be a focal point at the Invest in African Energy Forum in Paris next May.

The growing trend of rig market consolidation will be explored at the 2025 Invest in African Energy Forum in Paris, highlighting the anticipated role of deepwater production growth in Africa’s energy security.

The joint venture company has found positive signs of lithium-rich minerals following a ground soil sampling program at the HCK Project in Rwanda.

The Eastern Africa Power Pool (EAPP) – a regional power market – will launch a new system of electricity trading by December 2024.

Turkey and Somalia are engaged in discussions regarding deep-sea drilling operations off the coast of Somalia slated for the upcoming year.

The Invest in African Energy forum will explore financing and development opportunities in LPG storage and distribution across East Africa, as the region seeks to bolster clean cooking access.
