Egypt reverts to oil as gas woes deepen
Facing dwindling gas production and mounting energy demand, Egypt is turning to fuel oil to keep the lights on, OilPrice.
Barrick Gold, the second largest gold mining company globally, has said it is considering stopping production at its mine in Mali if the ban on shipments was not lifted. According to North African media the company made “the threat in reaction to measures by Bamako authorities to renegotiate the permit in order to have a bigger share of operations in the gold mine.” Mali and other military-ruled states in the Sahel have pushed for renegotiating deals with western mine operators, surfing on a wave of anti-western sentiment.
Sign up for the weekly newsletter and get our latest stories delivered straight to your inbox.