Gold - Copperbelt Katanga Mining

DRC Welcomes US Sanctions on Rwandan Entities Over Alleged Illegal Gold Trade 1

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 Constance0 comment

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

Mining in DRC Artisanal mining Corporate News Events & Expos Gold

Kibali Gold Mines Calls for Stronger Formalization of Artisanal Mining in the DRC

June 21, 2026June 21, 2026 Constance0 comment

DRC Mining Week 2026: Kibali Gold Mines Highlights Need for Formalization and Environmental Control in Artisanal Mining Sector The DRC Mining Week 2026 officially opened on Wednesday at the Karavia Hotel in Lubumbashi, bringing together government officials, mining companies, and industry stakeholders to discuss sustainable development of the Democratic Republic of Congo’s extractive sector. During a panel discussion focused on artisanal and small-scale mining, Kibali Gold Mines Head of Social Affairs, Le Franc Basima, outlined the key challenges facing the sub-sector, emphasizing that formalization remains the most critical issue. He… Read More Here

Mining in DRC Artisanal mining Gold

UK Firm Signs Long-Term Deal to Expand Traceable Artisanal Gold Exports from Eastern DRC

June 14, 2026June 14, 2026 Constance0 comment

UK-Based SigraFi Partners with PeaceGold to Boost Traceable Artisanal Gold Exports from Eastern DRC A UK-based responsible gold sourcing company has signed a long-term supply and financing agreement aimed at expanding traceable artisanal gold exports from eastern Democratic Republic of Congo (DRC), in a move seen as a major boost for efforts to formalise the region’s mining sector. SigraFi Ltd announced that it has entered into a strategic partnership with PeaceGold Trading Company Ltd to establish a framework for the supply of fully traceable gold doré sourced from cooperative-based artisanal… Read More Here

International Gold

Zimbabwe State-Owned Miner Mutapa Gold Plans Major Expansion to Double Output by 2029

June 14, 2026June 14, 2026 Constance0 comment

Zimbabwe’s Mutapa Gold Targets Doubling Production by 2029 After Securing Expansion Funding Zimbabwe’s state-owned mining company, Mutapa Gold Resources, plans to more than double its annual gold production to 220,000 ounces by 2029 following the launch of a major expansion programme backed by new financing. Production reports released to reporters on Friday showed that Mutapa produced 104,626 ounces of gold in the financial year ending March 31, representing a 10% decline from the previous year. The company attributed the drop mainly to lower ore grades at some of its operations.… Read More Here

Gold Corporate News International

Zijin Mining’s Delayed Allied Gold Acquisition Signals a New Era in China’s Mining Strategy

June 5, 2026June 5, 2026 Constance0 comment

Zijin Mining’s Allied Gold Deal Delay Highlights China’s Cautious Shift in Global Gold Strategy and Africa Investment Risks The postponement of Zijin Mining’s planned acquisition of Canadian-based Allied Gold is more than a routine procedural delay. The three-month extension reflects deeper strategic calculations linked to China’s evolving mining policy, intensifying global competition for gold assets, and rising regulatory and political considerations in Africa. Amid record-high global gold prices and increasing efforts by major economies to secure critical mineral supplies, Beijing’s cautious stance highlights a shift toward greater scrutiny of overseas… Read More Here

International Gold New Mining Projects

Zimbabwe’s Dokwe Gold Project Surges Past 1.1 Million Ounces as Gold Boom Accelerates Economic Growth

June 4, 2026June 4, 2026 Constance0 comment

Zimbabwe gold boom intensifies as Dokwe project tops 1.13M ounces, boosting mining investment and $1B+ valuation Zimbabwe’s gold sector is entering a new phase of rapid expansion, driven by rising global prices, stronger investor appetite, and national efforts to increase output to 50 tonnes this year. At the centre of this momentum is a major new development in Matabeleland North, where UK-listed Ariana Resources has significantly upgraded its Dokwe Gold Project, strengthening its position as one of the country’s most important undeveloped gold assets. The company has announced a 42%… Read More Here

International Corporate News Gold

Barrick Weighs London Listing for African Business as Potential Endeavour Mining Deal Emerges

June 1, 2026June 1, 2026 Constance

Barrick Considers London Listing for African Operations Amid Potential Endeavour Mining Tie-Up Barrick Mining is exploring a potential London listing for its African business, with an all-share transaction involving Endeavour Mining among the options under consideration, according to sources familiar with the matter. The discussions remain at an early stage and no final decision has been made. Sources cautioned that there is no certainty a transaction will proceed, and no announcement is expected in the near term. If completed, a combined African-focused entity could command a market capitalisation of around… Read More Here

International Gold

Zimbabwe’s Gold Sector Gains Momentum as Deliveries Exceed 12.6 Tonnes in Early 2026

May 28, 2026May 28, 2026 Constance

Zimbabwe Gold Deliveries Surpass 12.6 Tonnes in Four Months as Rising Global Demand Strengthens Mining Sector Zimbabwe’s gold industry is showing renewed momentum in 2026, with bullion deliveries exceeding 12,600 kilogrammes during the first four months of the year as rising global demand and increased output from large-scale miners continue to strengthen the sector. Official figures reported by The Herald, a media partner of TV BRICS, show that total gold deliveries reached 12,636.51 kilogrammes between January and April 2026. The performance highlights gold’s growing importance to Zimbabwe’s economy and its… Read More Here