Gold - Copperbelt Katanga Mining

South African Gold Miner Pours First Gold as $612 Million Investment Begins to Pay Off 1

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 Constance0 comment

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

Mining in DRC Economy Gold

DRC Gold Trading Expands National Footprint with Planned North Ubangi Branch

July 7, 2026July 7, 2026 Constance0 comment

DRC Gold Trading Plans North Ubangi Expansion to Strengthen Artisanal Gold Supply Network DRC Gold Trading S.A. plans to establish a new branch in North Ubangi Province as part of its strategy to expand its network for the collection, trading and export of artisanal gold. The company’s Chief Executive Officer, Joseph Kazibaziba Maombi, said North Ubangi is among the next locations targeted for expansion, although no opening date has been announced. The planned branch follows the company’s recent efforts to strengthen its presence across the Democratic Republic of Congo. DRC… Read More Here

Mining in DRC Gold

UN Report Highlights Scale of Illicit Gold Trade in DRC’s Ituri Province

July 7, 2026July 7, 2026 Constance0 comment

UN Experts Report Major Gold Smuggling Networks in DR Congo’s Ituri as Uganda Exports Surge A United Nations Group of Experts report on the Democratic Republic of Congo (DRC) has highlighted concerns over suspected illicit gold mining and trade in Ituri province, including alleged cross-border flows of gold through Uganda. According to the report, significant quantities of gold produced in Ituri may be leaving the country through unofficial channels before entering regional and international markets. The experts said the scale of reported production at some mining sites differs significantly from… Read More Here

Mining in DRC Copper Economy Gold

DRC Mineral Export Prices Decline as Copper, Gold and Tin Weaken

July 7, 2026July 7, 2026 Constance0 comment

DR Congo Mineral Prices Fall as Copper, Gold and Tin Decline; Cobalt and Germanium Edge Higher Most of the Democratic Republic of Congo’s major mineral exports recorded lower prices on international markets during the week of July 6–11, 2026, according to the latest price bulletin from the Ministry of Foreign Trade. Cobalt and germanium were the only minerals to post gains. Copper, the country’s top export, declined from $13,475.85 to $13,258.50 per tonne. Tin also fell sharply, dropping from $54,040.00 to $50,678.75 per tonne, while gold slipped from $136.76 to… Read More Here

Mining in DRC Gold

DRC Welcomes US Sanctions on Rwandan Entities Over Alleged Illegal Gold Trade

June 29, 2026June 29, 2026 Constance0 comment

DRC Welcomes US Sanctions on Rwandan Gold Refinery Over Alleged Illegal Mineral Trade in Eastern Congo The Democratic Republic of Congo (DRC) has welcomed recent sanctions imposed by the United States on Gasabo Gold Refinery in Rwanda, along with several individuals and companies accused of involvement in the illicit trade of gold originating from eastern DRC. The Congolese government spokesperson and Minister of Communication and Media, Patrick Muyaya, said the measures reinforce Kinshasa’s longstanding claims that Rwanda is linked to the illegal exploitation of Congolese mineral resources. He argued that… Read More Here

Mining in DRC Gold New Mining Projects

DRC Moves to Revive Historic Mongbwalu Gold District Through New Industrial Mining Partnership

June 28, 2026June 28, 2026 Constance0 comment

DRC Launches Mongbwalu Gold Venture to Formalise Ituri Mining and Boost Industrial Gold Production The Democratic Republic of Congo (DRC) is advancing efforts to formalise and industrialise its gold sector through a new joint venture to develop the historic Mongbwalu gold district in Ituri Province, one of the country’s richest but most challenging gold-producing regions. The project brings together the state-owned mining company Société Minière de Kilo-Moto (SOKIMO) and Shari Minerals (SHM), a mining company established in 2025 to develop the Mongbwalu Gold Mine in partnership with SOKIMO. The initiative… Read More Here

Mining in DRC Copper Gold Nickel Tin

DRC Mining Export Prices Decline Across Key Commodities as Global Market Weakens

June 21, 2026June 21, 2026 Constance

DRC Mineral Prices June 2026: Gold, Copper, Nickel and Zinc Fall While Tin Rises Slightly The Democratic Republic of Congo (DRC) recorded a broad decline in the international prices of several key mining exports between June 15 and June 20, 2026, according to official price data published by the Ministry of Foreign Trade. The downward trend affected a wide range of strategic commodities, including precious metals and industrial minerals that form a significant part of the country’s export earnings. Precious and base metals under pressure Gold prices declined from $145.75… Read More Here