Congo-UAE gold export deal raises ‘great concerns’

Mining News Pro - A 25-year deal published this week by the Congolese government hands a little-known UAE firm exclusive rights to export artisanal gold at preferential rates, prompting criticism it will solve none of the issues it was meant to address.

Tanzanian gold export earnings rise 34% in 2020 on higher prices

Mining News Pro - Tanzania’s earnings from gold exports rose 34% last year, helped by increased output and higher prices, the Bank of Tanzania said in its latest monthly economic review.

Russian central bank turns attention to banks hit by slower gold exports

Mining News Pro - Russia’s central bank is considering how to help the country’s commercial banks with gold storage after complications with bullion exports because of the coronavirus crisis.

Acacia Mining resumes gold exports from North Mara; processing remains halted

Mining News Pro - Embattled Acacia Mining (LON:ACA), Tanzania’s top bullion producer, has resumed exports from its largest mine in the country, but noted that ore processing is now officially halted, as a ban issued by the government last month has come into effect.

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