Gold production set to begin in Niger by 2025 | Turkey Today |

Minister Bayraktar announced that Türkiye will commence gold production in Niger by 2025, marking a significant step in diversifying its resource base. Bayraktar also noted that exploration activities have been completed and production planning is underway.

"Oil production in Türkiye has exceeded 110 thousand barrels. We produce oil in different geographies." Minister Bayraktar said.

"We continue to work on oil, natural gas and mines in Niger, Sudan and Somalia. We will start our first gold production in Niger in 2025. We have passed the exploration phase. We are currently working on different fields," he added.

Extreme Weather has already cost Vulnerable Island Nations $141 Billion

Two years ago, when the curtain fell on the COP27 summit in Sharm El Sheikh, Egypt, developing nations on the frontline of climate change had something meaningful to celebrate.

The creation of a new fund for responding to loss and damage was agreed after a hard-fought diplomatic effort, spearheaded by a group of small island developing states (sometimes known as the Sids). The fund would provide much needed support for climate-vulnerable nations faced with a spiralling human and financial toll from sea-level rise, extreme temperatures, droughts, wildfires, and intensifying floods and storms.

Yet two years on, the world's wealthiest nations - also the largest carbon emitters - are still dragging their feet. They've not followed up their pledges with anywhere near the finance required.

Some nations, particularly the 39 Sids, which include places like Barbados, Grenada, Fiji and Vanuatu, are uniquely vulnerable to climate change and are already paying the price.

China megaport opens up Latin America as wary US looks on | BBC News |

Xi was in Peru for the annual meeting of the Asia-Pacific Economic Co-operation Forum (Apec). But all eyes were on Chancay and what it says about China's growing assertiveness in a region that the US has traditionally seen as its sphere of influence.

As seasoned observers see it, Washington is now paying the price for years of indifference towards its neighbours and their needs.

"The US has been absent from Latin America for so long, and China has moved in so rapidly, that things have really reconfigured in the past decade," says Monica de Bolle, senior fellow at the Peterson Institute for International Economics in Washington.

Chinese President Xi Jinping met Peruvian President Dina Boluarte on 14 November

Even before it opened, the $3.5bn (£2.75bn) project, masterminded by China's state-owned Cosco Shipping, had already turned a once-sleepy Peruvian fishing town into a logistical powerhouse set to transform the country's economy.

China's official Communist Party newspaper, the People's Daily, called it "a vindication of China-Peru win-win co-operation".

Peru's President Dina Boluarte was similarly enthusiastic, describing the megaport as a "nerve centre" that would provide "a point of connection to access the gigantic Asian market".

But the implications go far beyond the fortunes of one small Andean nation. Once Chancay is fully up and running, goods from Chile, Ecuador, Colombia and even Brazil are expected to pass through it on their way to Shanghai and other Asian ports.

It is expected to generate $4.5 billion in annual revenue for Peru and directly create more than 8,000 jobs.

The completion of Chancay Port will enable Peru to put in place a multidimensional, diverse and efficient network of connectivity spanning from coast to inland, from Peru to Latin America and farther on to the Caribbean, Xi said in the article.

Xi Jinping joins APEC gathering in Peru, virtual opening of the Chancay Port, located north of Lima, Peru's capital.

Xi: Usher China-Peru ties into brighter future

Amnesia and Gaza Genocide