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Angola–EU Business Forum Targets Major Investment Push for Lobito Corridor Development 21 Transport and Logistics International 

Angola–EU Business Forum Targets Major Investment Push for Lobito Corridor Development

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Angola-EU Business Forum 2026 Focuses on Mobilizing Investment for Lobito Corridor Infrastructure, Trade, and Energy Growth The 3rd Angola–European Union (EU) Business Forum opened on Tuesday in Luanda, with a strong focus on attracting European investment to accelerate the development of the Lobito Corridor across key sectors including agribusiness, transport, logistics, and energy. Held under the theme “From Dialogue to Concrete Investment,” the forum forms part of broader efforts to strengthen economic cooperation and advance the operationalization of the Lobito Corridor. The event has brought together around 900 participants, including government officials,… Read More Here
Contractor Exit and Layoffs Deepen Uncertainty at Mali’s Loulo-Gounkoto Gold Complex 22 International Corporate News Gold 

Contractor Exit and Layoffs Deepen Uncertainty at Mali’s Loulo-Gounkoto Gold Complex

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Over 600 Jobs Cut as Contractor Exits Barrick’s Loulo-Gounkoto Gold Mine in Mali Amid Ongoing Disruptions A key contractor at Mali’s Loulo-Gounkoto gold complex, the country’s largest gold mining operation, is winding down its activities and laying off more than 600 workers. The move adds to ongoing instability surrounding one of Africa’s most significant gold assets. Gounkoto Mining Services (GMS), a contractor linked to France-based Bouygues Construction through DTP Mining, is ending operations after its agreement is not expected to be renewed by Barrick Mining in 2026. The decision follows… Read More Here
US and South Africa Open Talks on Mining and Infrastructure Cooperation Amid Diplomatic Thaw 23 International Battery Metals Infrastructural Development 

US and South Africa Open Talks on Mining and Infrastructure Cooperation Amid Diplomatic Thaw

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US and South Africa Hold High-Level Talks on Critical Minerals, Mining Investment, and Infrastructure Projects The United States and South Africa have initiated early-stage discussions on cooperation in mining, infrastructure, and investment, indicating a potential easing of recent diplomatic tensions between the two countries. The engagement, held in Johannesburg, was described as the most senior bilateral meeting between Washington and Pretoria this year. The talks centered on opportunities in critical minerals, a sector of growing strategic importance as the US works to reduce reliance on China-dominated supply chains for materials… Read More Here
B2Gold Reports $200M Profit Surge on Strong African Output as Gold Production Reaches 237,763 Ounces 24 Gold Corporate News International 

B2Gold Reports $200M Profit Surge on Strong African Output as Gold Production Reaches 237,763 Ounces

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B2Gold Posts $200M Profit as Mali and Namibia Drive Gold Production Growth Across Africa, Canada, and the Philippines Canadian gold producer B2Gold Corp. has reported a significant financial uplift, driven by strong production from its operations in Mali and Namibia, alongside contributions from Canada and the Philippines. The company posted a $200 million increase in net income, supported by solid operational performance and robust cash flow generation. During the period, B2Gold produced a total of 237,763 ounces of gold, reinforcing its position as a leading intermediate gold producer with a… Read More Here
Barrick Launches $3 Billion Share Buyback Ahead of North American Spinout 25 Corporate News Gold International 

Barrick Launches $3 Billion Share Buyback Ahead of North American Spinout

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Barrick Mining Announces $3 Billion Share Buyback as Gold Prices Drive Strong Earnings Growth Barrick Mining has announced a $3 billion share buyback program as the company moves to strengthen shareholder returns ahead of the planned spinout and public listing of its North American assets. The Toronto-based gold producer unveiled the repurchase plan after reporting strong first-quarter financial results, supported by record gold prices and solid free cash flow generation. The move expands the company’s shareholder return strategy following a $500 million buyback completed late last year. Barrick is preparing… Read More Here
Kamoa Copper Expands Green Energy with New 30 MW Solar Deal 26 Mining in DRC Corporate News Green Energy 

Kamoa Copper Expands Green Energy with New 30 MW Solar Deal

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Kamoa Copper Expands Renewable Energy Strategy with 30 MW Solar PPA and 581 MWh Battery Storage in DRC Kamoa Copper and Green World Energie have signed a second Power Purchase Agreement (PPA) for an additional 30 MW of renewable energy capacity, marking a major milestone in Phase II of their solar energy development project. The initiative is designed to strengthen the energy supply for the Kamoa-Kakula mining complex while accelerating the site’s decarbonization efforts. The new phase of the project will deploy an advanced hybrid energy solution that combines solar… Read More Here
Miguel Kashal Presents ARSP Reform Achievements During Lubumbashi Forum 27 Mining in DRC Events & Expos Governance 

Miguel Kashal Presents ARSP Reform Achievements During Lubumbashi Forum

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ARSP Highlights Three Years of Subcontracting Reforms and SME Growth in Haut-Katanga During a public forum held at the June 30 Building in Lubumbashi, Miguel Kashal, Director General of the Regulatory Authority for Subcontracting in the Private Sector (ARSP), presented the results of three years of reforms in the subcontracting sector. The event brought together representatives from the six territories of Haut-Katanga, political and administrative authorities, business leaders, subcontractors, and members of the Katanga community. During his presentation, Miguel Kashal shared detailed performance data covering the 2023, 2024, and 2025… Read More Here
DRC and U.S. Deepen Strategic Partnership Through Inga III and Lobito Corridor Projects 28 Mining in DRC Energy Transport and Logistics 

DRC and U.S. Deepen Strategic Partnership Through Inga III and Lobito Corridor Projects

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Kinshasa and Washington Strengthen Cooperation on Energy and Infrastructure Development Prime Minister Judith Suminwa Tuluka met with Jeremy Wiggins in Kinshasa on Monday, May 11, 2026, as part of ongoing efforts to strengthen the strategic partnership between the Democratic Republic of Congo (DRC) and the United States. The discussions focused on several priority projects considered essential to the DRC’s economic transformation and energy future. Key topics included the Inga III hydroelectric project, development of the Lobito strategic corridor, investment security, and regional industrialization driven by the country’s vast mineral and… Read More Here
Barrick Advances Lumwana Super Pit Expansion as Copper Output Rises 29 Mining in Zambia Copper Gold New Mining Projects 

Barrick Advances Lumwana Super Pit Expansion as Copper Output Rises

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Barrick’s Lumwana Copper Expansion in Zambia Remains on Track for 2028 Production Target Construction of the Lumwana Super Pit copper expansion project in Zambia remained on schedule and within budget during the first quarter of 2026, mining giant Barrick Gold announced on Monday, 11 May. The company confirmed that the first lift of the mill building wall was successfully completed during the quarter. Mill shells have already been delivered to the site, while the first shipments of structural steel are expected before the end of June. Barrick expects 2026 capital… Read More Here

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