OPERATION HADIN KAI FOILS TERRORIST INFILTRATION, DISRUPTS LOGISTICS NETWORKS, ARRESTS COLLABORATORS. (PHOTOS). #PRESS RELEASE

Image
 OPERATION HADIN KAI FOILS TERRORIST INFILTRATION, DISRUPTS LOGISTICS NETWORKS, ARRESTS COLLABORATORS The Joint Task Force (North East) Operation HADIN KAI (OPHK) has recorded significant operational successes in its ongoing counterterrorism and counterinsurgency campaign across the North-East. Through a combination of offensive operations, intelligence-led actions, and collaboration with local security stakeholders, troops successfully foiled a terrorist infiltration attempt and disrupted terrorist logistics and support networks, further degrading the operational capabilities of insurgent groups in the Theatre. In Borno State, troops responded swiftly to the sighting of terrorists advancing toward the North East Theatre Training School, Buni Yadi, at about 9:00 a.m. on 9 June 2026. Employing coordinated and precise fire missions, the troops neutralized the threat and denied the terrorists freedom of action. Subsequent exploitation of the area led to the recovery of two terrorist c...

U.S CHALLENGES CHINESE CONTROL IN RACE FOR AFRICAN MINERALS. (PHOTO).


 U.S challenges Chinese control in race for African minerals


Mali will create a state-owned company to manage holdings in mining companies, according to a statement released by the council of ministers.


Other resource-producing countries in West Africa such as Niger and Guinea have been managing their assets through similar state-owned mechanisms.


The company Sopamim, whose capital is fully owned by the state, will acquire and manage Mali's holdings, according to the statement released, Reuters reported.


The West African country 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 2022, Mali created another state-owned company called Sorem with the aim to explore and develop mineral resources.


Mali's military rulers introduced a new mining code in 2023, expanding state and local ownership of mines to at least 35% from 20%.


The new code also increased tax collection, helping to push up state revenues from gold mining companies by 52.5% in 2024.


Last month, Mali named a former Barrick executive as special adviser to the presidency who will oversee the mining sector.

Comments

Popular posts from this blog

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

THE NEW OONI OF ILE-IFE,WILL NOT EAT THE HEART OF THE LATE OONI-PALACE CHIEFS.

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).