Gold - Copperbelt Katanga Mining

U.S. Push for DRC’s Strategic Minerals Faces Security and Investment Hurdles

March 5, 2026March 5, 2026 Constance0 comment

US Push for Congo’s Critical Minerals Faces Delays as Conflict and China’s Dominance Complicate Investment The United States has made gradual progress in its effort to reduce China’s dominance over the Democratic Republic of Congo’s strategic mineral sector. However, ongoing conflict, contested mining licenses, and strict compliance requirements continue to slow Washington’s advance into a region where Chinese companies remain deeply entrenched. The Democratic Republic of Congo holds some of the world’s most valuable mineral resources, including the largest global supply of cobalt as well as significant deposits of copper… Read More Here

Mining in DRC Economy Gold

DRC Central Bank Launches Domestic Gold Purchase Program to Bolster Reserves

February 28, 2026February 28, 2026 Constance0 comment

DR Congo Central Bank to Buy Artisanal Gold Directly from State Trader to Strengthen Franc and Boost Reserves The Democratic Republic of the Congo has unveiled a new strategy aimed at reinforcing monetary sovereignty and stabilizing its currency, with the central bank announcing plans to purchase gold directly from a fully state-owned trading company. The Banque Centrale du Congo (BCC) will begin buying gold from DRC Gold Trading SA, a government-owned entity that aggregates production from artisanal and small-scale miners. The initiative is designed to channel more of the country’s… Read More Here

International Gold

Gold Boom Narrows Senegal’s Trade Deficit in 2025, but Structural Imbalances Persist

February 28, 2026February 28, 2026 Constance0 comment

Senegal Trade Deficit Shrinks to $2.4 Billion in 2025 as Gold Exports Surge 51%, Data Show Senegal recorded a significant improvement in its external accounts in 2025, although the country continued to post a sizeable trade deficit. . According to data from the National Agency of Statistics and Demography of Senegal (ANSD), the West African economy registered a trade shortfall of approximately $2.4 billion in 2025. While still negative, the deficit narrowed sharply from roughly $5.76 billion in 2024, reflecting a strong rebound in export revenues and sustained external demand.… Read More Here

Mining in DRC Artisanal mining Gold

DRC Launches DRC Gold Trading SA Branch in Lubumbashi to Formalise Artisanal Gold Sector

February 27, 2026February 27, 2026 Constance0 comment

DRC Mines Minister Louis Watum Kabamba Opens Lubumbashi Gold Trading Office to Curb Smuggling and Boost Official Exports On an official visit to Haut-Katanga province, the Democratic Republic of Congo’s Minister of Mines, Louis Watum Kabamba, inaugurated a new regional branch of DRC Gold Trading SA in Lubumbashi on 26 February 2026. DRC Gold Trading SA, a state-owned enterprise, has been mandated to combat fraud, illicit trade and smuggling in the country’s artisanal and small-scale gold mining (ASM) sector. The opening of the Lubumbashi branch is intended to strengthen state… Read More Here

International Artisanal mining Gold

Ghana to Channel Artisanal Gold into Formal Trade to Boost Revenue

February 26, 2026February 26, 2026 Constance0 comment

Ghana Launches ASM Gold Formalisation Program Targeting $20 Billion in Annual Foreign-Exchange Inflows Ghana plans to direct approximately 127 metric tons of artisanal and small‑scale mining (ASM) gold annually into official trade channels under revised sector reforms, aiming to increase foreign-exchange earnings and curb smuggling, Cassiel Ato Forson announced on Wednesday. Across Africa, ASM gold leakage costs countries billions each year as undeclared production is smuggled through porous borders to global trading hubs such as Dubai. Ghana, Africa’s top gold producer, lost an estimated $11.4 billion between 2019 and 2023,… Read More Here

Mining in DRC Economy Gold Governance

Tshisekedi Prioritises Gold Sector Reform to Boost State Revenue

February 26, 2026February 26, 2026 Constance0 comment

DRC President Félix Tshisekedi Unveils Strategy to Curb Gold Smuggling and Strengthen Economic Sovereignty The President of the Democratic Republic of the Congo, Félix Tshisekedi, has placed reform of the gold sector at the centre of the government’s economic agenda, citing its critical importance to public finances and macroeconomic stability. During the Council of Ministers meeting held on 20 February 2026, President Tshisekedi underscored the strategic value of gold production and expressed concern that a significant portion of national output continues to bypass official channels. According to the meeting’s official… Read More Here

International Corporate News Gold Mining Personality

Barrick Mining Expands Executive Committee with Two Senior Appointments

February 26, 2026February 26, 2026 Constance0 comment

Barrick Mining Appoints Chief Legal and Global Affairs Officers to Strengthen Government and Policy Strategy Barrick Mining Corporation (NYSE: B; TSX: ABX) has strengthened its leadership team with the appointment of two new members to its executive committee, reinforcing its focus on government engagement and public policy as strategic priorities. The Toronto-based gold and copper producer announced the appointment of James J. McGuire as Chief Legal and Policy Officer and Woo Lee as Chief Global Affairs Officer. The company said the changes underscore its commitment to enhancing institutional capabilities that… Read More Here

Mining in DRC Copper Gold Zinc

DRC Mineral Export Prices Decline, Tin Records Steepest Weekly Drop

February 24, 2026February 24, 2026 Constance0 comment

DRC Tin Price Falls to $48,089 per Ton as Copper, Gold and Zinc Also Decline Export prices for several of the Democratic Republic of Congo’s key minerals are projected to decline during the week of February 23–28, 2026, with tin registering the sharpest drop, according to forecasts from the National Market Commission under the Ministry of Foreign Trade. Tin is expected to trade at $48,089 per ton, down from $49,756 the previous week a decrease of $1,667. This marks the most significant weekly decline among the country’s principal mineral exports… Read More Here

Mining in DRC Copper Corporate News Economy Gold

Kibali Breaks Revenue Record as Gold Prices Surge Despite Lower Output

February 24, 2026February 24, 2026 Constance0 comment

Kibali Gold Mine Revenue Tops $2.3 Billion in 2025 as Rising Gold Prices Offset Production Dip The Kibali gold mine in northeastern Democratic Republic of Congo delivered record financial results in 2025, generating approximately $2.3 billion in total revenue the strongest performance since large-scale production began in 2014. Operator Barrick Mining, which holds a 45% stake in the mine, reported that its attributable share amounted to $1.04 billion. On a full ownership basis, Kibali surpassed the $2 billion revenue mark for the first time, representing a 40% increase compared with… Read More Here

International Copper Gold New Mining Projects

FQM’s Taca Taca Project Doubles in Value on Higher Reserves and Stronger Copper, Gold Prices

February 22, 2026February 22, 2026 Constance0 comment

First Quantum’s Taca Taca Copper-Gold Project in Argentina Posts $5.9B NPV as Reserves and Prices Lift Valuation A new technical report on First Quantum Minerals’ Taca Taca copper-gold project in northwest Argentina shows the asset’s value has more than doubled in five years, supported by increased reserves and stronger long-term copper and gold price assumptions. Under an 8% discount rate and base-case prices of $4.50 per lb. copper and $3,000 per oz. gold, Taca Taca carries an after-tax net present value (NPV) of $5.92 billion and an internal rate of… Read More Here