Gold - Copperbelt Katanga Mining

Zimbabwe’s Mining Strategy Drives Record Mineral Revenue

July 29, 2026July 29, 2026 Constance0 comment

Zimbabwe Mining Revenue Hits Record $25 Billion as Government Pushes Investment and Growth Zimbabwe’s mining sector is delivering record revenues as the government’s push to attract investment and expand mineral production begins to generate stronger returns. The country’s mining industry has become a key driver of economic growth, supported by increased investment in gold, lithium, platinum-group metals, chrome and other mineral resources. The government has been pursuing an aggressive strategy to expand the mining sector by encouraging new investment, supporting existing operations and promoting the development of mineral resources that… Read More Here

International Corporate News Gold

Barrick Safely Evacuates Workers Stranded at Chilean Mining Camp After Severe Storms

July 28, 2026July 28, 2026 Constance0 comment

Barrick Safely Evacuates Workers Stranded by Severe Storms in Chile Barrick Mining Corp. has safely evacuated workers who were stranded at its Barriales camp in northern Chile after severe storms blocked road access and disrupted transport routes. The company said all evacuated workers were in good health following rescue operations that began on Friday and resumed early Saturday after weather conditions improved enough to allow helicopter flights. Chile’s Economy and Mining Minister Daniel Mas also confirmed the safe evacuation of the workers in a post on X. Barrick said it… Read More Here

Mining in DRC Gold

DRC and Cameroon Lose Billions in Gold Revenues Amid Smuggling and Weak Traceability

July 26, 2026July 26, 2026 Constance0 comment

Gold Smuggling and Weak Controls Undermine Revenue Collection in DRC and Cameroon’s Mining Sectors Despite reforms aimed at improving governance in the extractive sector, the Democratic Republic of Congo (DRC) and Cameroon continue to lose significant revenues from gold production due to smuggling, informal trade networks and persistent challenges in tracing artisanal gold supplies. A report by the Institute for Security Studies (ISS) highlights the weaknesses in the two countries’ gold governance systems, pointing to major gaps between official production figures and the volumes of gold entering international markets. Large… Read More Here

International Gold

Mali Forecasts Lower Gold Production Through 2029 Amid Mining Sector Reforms

July 26, 2026July 26, 2026 Constance0 comment

Mali Expects Gold Production to Stay Below 60 Tonnes Annually Through 2029 as Mining Reforms Reshape Sector Mali’s industrial gold production is projected to remain below 60 metric tonnes per year through 2029, according to the Ministry of Mines’ 2026–2029 strategic plan, reflecting the continued impact of sweeping mining reforms and regulatory changes introduced in recent years. The West African nation, one of Africa’s leading gold producers, has strengthened state oversight of the mining industry following the adoption of a new mining code in 2023. The reforms are aimed at… Read More Here

International Corporate News Gold

Barrick Invests C$20.8 Million in Kingfisher Metals to Advance Copper-Gold Exploration Project

July 23, 2026July 23, 2026 Constance0 comment

Barrick Acquires 9.9% Stake in Kingfisher Metals to Support Highway 37 Copper-Gold Project in Canada Global mining company Barrick Mining Corporation has invested C$20.8 million in Canadian copper and gold explorer Kingfisher Metals Corporation through a private placement, strengthening its exposure to the company’s Highway 37 project in British Columbia. Barrick subscribed for 15.4 million units priced at C$1.35 each, with each unit consisting of one common share and half of a share purchase warrant. Each full warrant allows Barrick to acquire an additional Kingfisher share at C$1.70 within the… Read More Here

Mining in Zambia Artisanal mining Gold

ZCCM-IH and Zambia Govt Advance Plans for Gold Trading Centres to Formalise Artisanal Mining

July 23, 2026July 23, 2026 Constance0 comment

Zambia Moves to Formalise Gold Sector as ZCCM-IH Plans Trading Centres for Small-Scale Miners ZCCM Investments Holdings (ZCCM-IH) is working with the Ministry of Mines and Mineral Development on plans to establish gold trading centres in areas where artisanal and small-scale gold mining activities are being formalised. ZCCM-IH Board Chairperson Phesto Musonda said the initiative is part of the company’s commitment to supporting the growth of Zambia’s gold and manganese sectors while ensuring that mineral resources contribute more effectively to national economic development. The proposed gold trading centres will provide… Read More Here

International Gold News in Brief

South African Gold Miner Pours First Gold as $612 Million Investment Begins to Pay Off

July 18, 2026July 18, 2026 Constance0 comment

South African Gold Miner Achieves First Gold Pour After $612 Million Investment Milestone South African gold producer West Wits Mining has achieved its first gold pour at its Qala Shallows project, marking a major milestone after investing approximately $612 million to bring the mine into production. The first gold was processed at Sibanye-Stillwater’s Ezulwini processing plant, officially transforming West Wits from a mine developer into a gold producer. The achievement comes after years of planning, financing and construction aimed at unlocking one of South Africa’s historic gold resources. The Qala… Read More Here

Mining in DRC Cobalt Copper Economy Gold Nickel

DRC Mining Export Prices Mixed as Gold, Cobalt and Tin Rise While Copper and Nickel Decline

July 16, 2026July 16, 2026 Constance0 comment

DRC Mining Export Prices Update: Gold, Cobalt and Tin Gain as Copper, Nickel Fall The prices of several mining commodities exported by the Democratic Republic of Congo (DRC) recorded mixed movements during the week of July 13–18, according to the latest price list released by the Ministry of Foreign Trade. Gold, Cobalt and Tin Record Gains Among the commodities posting gains, cobalt edged up from US$55,613.00 to US$55,618.00 per tonne. Gold also strengthened, rising from US$130.77 to US$134.30 per kilogram. Zinc increased from US$3,494.90 to US$3,540.90 per tonne, while niobium… Read More Here

International Corporate News Gold

Nova Africa Plans $21 Million Restart of Botswana Gold Mine

July 16, 2026July 16, 2026 Constance0 comment

Nova Africa Announces $21 Million Investment to Restart Botswana Gold Mining Operations Nova Africa Resources is planning a US$21 million investment to restart gold mining operations in Botswana, as the company seeks to revive production and unlock the value of the country’s mineral resources. The project involves the redevelopment of a previously inactive gold mine, with funding expected to support mine rehabilitation, infrastructure upgrades, exploration activities and the preparation of the operation for renewed production. Botswana is widely recognised for its diamond industry, but the government has been working to… Read More Here

Mining in DRC Corporate News Gold

Barrick Advances Kibali Growth Strategy as Feasibility Work Continues at DRC Gold Mine

July 11, 2026July 11, 2026 Constance

Barrick’s Kibali Gold Mine Expansion Studies Continue as Company Focuses on Long-Term Growth in DRC Kibali remains a central part of Barrick Mining’s long-term strategy in the Democratic Republic of Congo, with ongoing feasibility and development studies indicating that the company continues to evaluate opportunities to extend the life and value of one of Africa’s largest gold mines. In late June, Thijs Goense announced that he had joined Barrick as a Feasibility Studies Manager at Kibali, a move that signals continued technical and development work at the operation as the… Read More Here