Latest news with #Neemba
Yahoo
09-05-2025
- Business
- Yahoo
Attack on mining convoy to Allied Gold's Mali mine raises security concerns
A convoy transporting heavy mining equipment from Bamako to Allied Gold's Sadiola mine was attacked in the Kayes region of Mali, reported Reuters, citing two people with knowledge of the incident. The incident underscores the escalating security threats faced by mining companies in the Sahel states, where Islamist militant groups are increasingly active. The attack has not been claimed by any group. The eight Neemba employees present during the incident were reported to be unharmed due to the intervention of nearby Malian soldiers. The incident destroyed two large trucks, damaged an excavator and resulted in the theft of two pick-up trucks. The equipment, leased from local Caterpillar dealer Neemba to subcontractor Mota-Engil, operating at Sadiola's quarry, was targeted between the towns of Diema and Sandare. While attacks on government and military convoys are more common in Mali, assaults on mining logistics have been infrequent until now. Mali is one of Africa's top gold producers, with several international mining companies including Barrick Gold, B2Gold, Resolute Mining, Endeavour Mining and Hummingbird Resources operating in the country's gold-rich western and southern regions. The region continues to grapple with instability, despite recent coups in Mali, Burkina Faso and Niger that brought military officers to power. In February 2024, a fatal attack on a B2Gold convoy, which was reportedly mistaken for a military convoy, led to the death of three employees. The CEO of Fortuna, a Canadian gold mining company, stated that increasing security threats were a key factor in its decision to withdraw from Burkina Faso, Mali's neighbouring country. "Attack on mining convoy to Allied Gold's Mali mine raises security concerns" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
07-05-2025
- Business
- Yahoo
Mining convoy attacked in Mali on road to Allied Gold's Sadiola mine, sources say
By Portia Crowe (Reuters) -A convoy transporting heavy mining equipment from the Malian capital Bamako to Allied Gold's Sadiola mine came under attack in the Kayes region over the weekend, two people familiar with the incident told Reuters late on Tuesday. The attack points to expanding security risks - and related additional costs - facing mining companies operating in military-led Sahel states that are struggling to contain Islamist militant groups. While government and military convoys more frequently come under attack in Mali, attacks on mining equipment have until now been rare. The CEO of Canadian gold miner Fortuna this month told Reuters that increased security concerns due to jihadist threats were among the reasons the company recently decided to exit Mali's neighbour Burkina Faso. In Sunday's attack, two large trucks were set alight, an excavator was damaged and two pick-up trucks were stolen, one of the sources familiar with the incident said. No group has yet claimed responsibility for the attack. The equipment belongs to the local Caterpillar dealer Neemba and had been leased to the subcontractor Mota-Engil, which operates at Sadiola's quarry, the sources said. Eight people present - all employees of Neemba - were unharmed in the attack, which the sources said was disrupted by soldiers from the Malian army who had been nearby. The incident took place between the towns of Diema and Sandare, the sources said. A separate security source confirmed an attack had taken place in that location on Sunday, but was unable to provide further details. Spokespeople for Allied Gold, Neemba and Mota-Engil and a spokesperson for Mali's army did not immediately respond to requests for comment. Mali is one of Africa's largest gold producers, with mining companies including Barrick Gold, B2GOLD, Resolute Mining, Endeavour Mining and Hummingbird Resources active in the gold-rich western and southern regions. In February 2024, three employees of the Canadian miner B2Gold were killed in an attack on a convoy transporting them from the Fekola gold mine in southwest Mali to Bamako, the company said at the time. But two sources with knowledge of that incident told Reuters the buses had been mistaken for a military convoy. Mali, Burkina Faso and Niger have experienced coups in recent years carried out by military officers who vowed to push back jihadist groups affiliated with Al Qaeda and the Islamic State, though rampant insecurity persists in all three countries. (Reporting by Portia Crowe in Dakar; Editing by Robbie Corey-Boulet and Jan Harvey)
Reuters
07-05-2025
- Business
- Reuters
Mining convoy attacked in Mali on road to Allied Gold's Sadiola mine, sources say
May 7 (Reuters) - A convoy transporting heavy mining equipment from the Malian capital Bamako to Allied Gold's ( opens new tab Sadiola mine came under attack in the Kayes region over the weekend, two people familiar with the incident told Reuters late on Tuesday. The attack points to expanding security risks - and related additional costs - facing mining companies operating in military-led Sahel states that are struggling to contain Islamist militant groups. The Reuters Tariff Watch newsletter is your daily guide to the latest global trade and tariff news. Sign up here. While government and military convoys more frequently come under attack in Mali, attacks on mining equipment have until now been rare. The CEO of Canadian gold miner Fortuna this month told Reuters that increased security concerns due to jihadist threats were among the reasons the company recently decided to exit Mali's neighbour Burkina Faso. In Sunday's attack, two large trucks were set alight, an excavator was damaged and two pick-up trucks were stolen, one of the sources familiar with the incident said. No group has yet claimed responsibility for the attack. The equipment belongs to the local Caterpillar dealer Neemba and had been leased to the subcontractor Mota-Engil, which operates at Sadiola's quarry, the sources said. Eight people present - all employees of Neemba - were unharmed in the attack, which the sources said was disrupted by soldiers from the Malian army who had been nearby. The incident took place between the towns of Diema and Sandare, the sources said. A separate security source confirmed an attack had taken place in that location on Sunday, but was unable to provide further details. Spokespeople for Allied Gold, Neemba and Mota-Engil and a spokesperson for Mali's army did not immediately respond to requests for comment. Mali is one of Africa's largest gold producers, with mining companies including Barrick Gold ( opens new tab, B2GOLD ( opens new tab, Resolute Mining ( opens new tab, Endeavour Mining (EDV.L), opens new tab and Hummingbird Resources active in the gold-rich western and southern regions. In February 2024, three employees of the Canadian miner B2Gold were killed in an attack on a convoy transporting them from the Fekola gold mine in southwest Mali to Bamako, the company said at the time. But two sources with knowledge of that incident told Reuters the buses had been mistaken for a military convoy. Mali, Burkina Faso and Niger have experienced coups in recent years carried out by military officers who vowed to push back jihadist groups affiliated with Al Qaeda and the Islamic State, though rampant insecurity persists in all three countries.
