Gold - Copperbelt Katanga Mining

ZCCM-IH Appointed by Government to Lead Transformation of Zambia’s Gold Sector

August 7, 2025August 7, 2025 Constance

ZCCM-IH Appointed to Overhaul Zambia’s Informal Gold Mining Industry for Sustainable National Growth ZCCM Investments Holdings Plc (ZCCM-IH) announced that it has officially been mandated by the Government of the Republic of Zambia to take the lead in the formalisation, development, and transformation of the gold sector in Zambia. This strategic appointment marks a historic milestone in the country’s mining landscape, paving the way for the creation of a structured, sustainable, and inclusive gold industry that benefits all Zambians. For decades, Zambia’s gold sector has remained largely informal—dominated by small-scale… Read More Here

Mining in Zambia Corporate News Economy Gold

Kansanshi Mine to Ensure Steady Gold Supply to Both Royal Gold and Bank of Zambia

August 7, 2025August 7, 2025 Constance

Kansanshi Mine Renews Gold Supply Agreement with Bank of Zambia While Honoring $1 Billion Deal with Royal Gold Kansanshi Mining Plc, a subsidiary of First Quantum Minerals (FQM), has reaffirmed its commitment to strengthening Zambia’s gold reserves by renewing its Memorandum of Understanding (MoU) with the Bank of Zambia (BOZ) for the continued sale of gold dore. This milestone was marked by a formal signing ceremony held today, signaling the continuation of a strategic partnership that dates back to 2020. The renewal comes at a time when Kansanshi is also… Read More Here

Mining in Zambia Corporate News Gold

FQM Announces $1 Billion Gold Streaming Agreement with Royal Gold

August 6, 2025August 6, 2025 Constance

First Quantum Minerals Enters $1B Gold Streaming Agreement with Royal Gold to Boost Liquidity and Maintain Copper Exposure at Kansanshi Mine First Quantum Minerals Ltd. has announced that it has entered into a gold streaming agreement (the “Agreement”) with RGLD Gold AG, a wholly owned subsidiary of Royal Gold, Inc. (“Royal Gold”), through a wholly owned Canadian subsidiary. Under the terms of the Agreement, First Quantum will receive a $1.0 billion upfront cash payment in exchange for future gold deliveries linked to copper production at the Kansanshi Mine in Zambia… Read More Here

Uncategorized Corporate News Gold International

Barrick Gold Enhances Transparency with Tailings Disclosure Aligned to Global Standards

August 6, 2025August 6, 2025 Constance

Barrick Gold Reports Full Tailings Storage Disclosure in Line with Global Industry Standard on Tailings Management Barrick Gold Corporation, listed on the NYSE and TSX, has released detailed disclosures of its tailings storage facilities (TSFs) in line with the Global Industry Standard on Tailings Management (GISTM), reaffirming its commitment to safety, transparency, and environmental responsibility. The disclosures provide site-level data for all relevant TSFs that Barrick owns, operates, or has in the design phase. This initiative underscores the company’s active role in developing the GISTM and its alignment with best… Read More Here

Gold Economy International

Global Gold Market at a Crossroads as Investor Demand Surges

August 3, 2025August 3, 2025 Constance

Gold Demand in 2025 Surges from Investors While Central Banks and Jewelry Sector Pull Back The global gold market is undergoing a major transformation. In the first half of 2025, global demand reached 2,400 tonnes, according to the latest report released by the World Gold Council (WGC) on July 31, 2025. While gold continues to attract attention, the drivers of demand are shifting sharply—investor appetite is growing, while central banks and the jewelry sector are losing momentum. Historically one of the main sources of gold demand, central banks are now… Read More Here

Gold International

Three Gold Miners Accept Mali’s New Mining Code Amid Sector Shake-Up

July 31, 2025July 31, 2025 Constance

Endeavour Mining and Two Others Agree to Mali’s New Mining Code as Regulatory Standoff Eases Three gold producers, including London-listed Endeavour Mining (EDV.L), have agreed to operate under Mali’s controversial new mining code, ending a prolonged standoff that has disrupted the country’s gold sector. Malian Finance Minister Alousseni Sanou and the Minister of Mines announced in a televised address that Somika SA (80% owned by Endeavour and 20% by the Malian government), Faboula Gold, and Bagama Mining have signed a memorandum of understanding to adopt the revised mining framework. The… Read More Here

International Gold New Mining Projects

Kavango Resources Identifies Key Structural Controls on Gold Mineralisation at Hillside Project in Zimbabwe

July 29, 2025July 29, 2025 Constance

Kavango Confirms Shear Zone Gold Targets at Hillside Project in Zimbabwe’s Filabusi Greenstone Belt London-listed Kavango Resources has released its first technical update on the structural geology of its Hillside gold project, located in Zimbabwe’s Filabusi Greenstone Belt. The analysis, conducted in collaboration with Murgana Structural Consulting of Sofia, Bulgaria, provides valuable insight into the geological setting of three priority prospects: Nightshift, Bill’s Luck, and Steenbok. At all three sites, gold-bearing quartz veins have been confirmed within well-developed shear zones. These findings represent significant structural controls on mineralisation. Preliminary interpretations… Read More Here

International Corporate News Gold

Zijin Mining Emerges as Lead Bidder for Barrick’s Tongon Gold Mine in Côte d’Ivoire

July 28, 2025July 28, 2025 Constance

Zijin Mining Poised to Acquire Barrick’s Tongon Gold Mine in Côte d’Ivoire for Up to $500 Million Zijin Mining, one of China’s largest gold and copper producers, is the leading contender to acquire Barrick Gold’s Tongon mine in northern Côte d’Ivoire for up to $500 million, according to two sources familiar with the matter. Barrick, the world’s third-largest gold producer, is actively reshaping its asset portfolio by prioritizing high-margin, long-life operations, with increasing emphasis on copper and strategic assets across Africa and the Middle East. The move comes amid mounting… Read More Here

Gold International

Caledonia Mining Boosts 2025 Profit Outlook on Strong Zimbabwe Gold Production

July 27, 2025July 27, 2025 Constance

Caledonia Mining Expects 2025 Profitability to Exceed Market Estimates Driven by Increased Gold Production Zimbabwe-focused gold miner Caledonia Mining Corporation has announced that it expects its profitability for the 2025 financial year to be significantly ahead of market expectations. “We are very pleased with the excellent production results announced on July 16. Combined with a robust and sustained gold price, we are experiencing strong profitability,” said CEO Mark Learmonth. “This success reflects the hard work and dedication of the team at Blanket Mine and across the group, which we have… Read More Here

Mining in Zambia Corporate News Gold

FQM Eyes Gold Streaming from Zambia Mines to Strengthen Balance Sheet

July 27, 2025July 27, 2025 Constance

First Quantum Considers Gold Pre-Payment Deal to Bolster Finances Amid Zambia, Panama Mine Challenges Canadian mining firm First Quantum Minerals is evaluating a gold pre-payment or streaming deal tied to its Zambian operations as a way to strengthen its balance sheet, Chief Financial Officer Ryan MacWilliam told analysts on Thursday. The move comes as the company seeks alternative funding avenues beyond a minority stake sale in its Zambian assets. Last year, First Quantum had explored selling a minority interest in its Kansanshi and Sentinel mines in Zambia. While that option… Read More Here