Gold - Copperbelt Katanga Mining

Mali’s Gold Output Plummets Amid Dispute with Barrick Gold and Policy Shifts 1

Mali Gold Production Falls 32% in 2025 Due to Barrick Gold Dispute and Regulatory Changes Mali, one of Africa’s largest gold producers, has experienced a sharp decline in gold production following significant policy changes and ongoing disputes with foreign mining companies. A recent Mines Ministry report revealed that industrial gold output in the junta-led West African nation fell by 32% year-on-year, amounting to a loss of 26.2 tons of gold by the end of August 2025. An unnamed ministry official told Reuters that production was 22.5% below the government’s projection… Read More Here

Barrick Announces Leadership Transition

September 29, 2025September 29, 2025 Constance

Mark Hill Appointed Group COO and Interim President & CEO Search Underway to Identify Successor President & CEO TORONTO – Barrick Mining Corporation (NYSE:B)(TSX:ABX) (“Barrick” or the “Company”) today announced that the Company’s Board of Directors (the “Board”) has appointed Mark Hill as Group COO and Interim President and Chief Executive Officer, effective immediately, following the departure of Mark Bristow. Mark Hill, who is currently responsible for Barrick’s Latam and Asia Pacific regions, is a seasoned mining executive with 30 years of experience. He joined Barrick in 2006 and has… Read More Here

International Gold News in Brief

Galiano Gold Halts Esaase Deposit Operations After Fatal Clashes in Ghana

September 21, 2025September 21, 2025 Constance

Galiano Gold Suspends Esaase Operations Following Community Clashes in Ghana Galiano Gold, listed on the TSX and NYSE American, has temporarily suspended operations at the Esaase deposit of its Asanko gold mine in Ghana following violent clashes between community members and military personnel on September 9. The company explained that the military presence at the mine was part of a state-mandated security intervention coordinated through the Ghana Chamber of Mines. Tensions escalated between the community and security forces, resulting in civil unrest, the tragic death of one individual, and damage… Read More Here

International Corporate News Gold

Barrick’s Fourmile Project Poised to Become Century’s Largest Gold Discovery

September 17, 2025September 17, 2025 Constance

Barrick Mining’s Nevada Fourmile Project Could Rank Among World’s Top 10 Gold Producers Barrick Mining has positioned its Nevada Fourmile project as one of the most important gold discoveries in decades, with new studies indicating it could become a global top-tier producer and reshape the industry’s cost curve. On Tuesday, the Toronto-based miner released an updated preliminary economic assessment (PEA), highlighting Fourmile’s rare combination of grade, scale, and longevity. The report confirmed the project’s potential to qualify as a Tier 1 mine — reserved for large, low-cost, long-life operations. “Fourmile… Read More Here

International Corporate News Gold

Barrick Sells Hemlo Mine to Carcetti Capital in $1.09 Billion Deal

September 11, 2025September 11, 2025 Constance

Barrick Mining Exits Canadian Gold Production with $1.09B Sale of Hemlo Mine to Carcetti Capital Barrick Mining has agreed to sell its Hemlo gold mine in Ontario, its last producing gold operation in Canada, to Carcetti Capital for up to $1.09 billion. Following the transaction, the buyer will be renamed Hemlo Mining Corp (HMC). The deal, announced Wednesday, marks the latest step in Barrick’s multi-year strategy to divest noncore assets and sharpen its focus on large, long-life gold and copper operations. Deal Structure Under the terms, Barrick will receive: $875… Read More Here

Gold International

Galiano Gold Suspends Esaase Operations After Deadly Clash in Ghana

September 11, 2025September 11, 2025 Constance

Galiano Gold Halts Esaase Mine Operations Following Community Clashes in Ghana TSX- and NYSE American-listed Galiano Gold has announced the temporary suspension of operations at the Esaase deposit of its Asanko gold mine in Ghana after violent clashes between community members and military personnel on September 9. The deployment of military personnel formed part of a state-mandated security intervention coordinated through the Ghana Chamber of Mines, the company said. According to Galiano, tensions between the local community and the security forces escalated into civil unrest, resulting in the death of… Read More Here

Mining in DRC Economy Gold News in Brief

Congolese Gold Price Sees Modest Uptick Amid Global Market Stability

September 7, 2025September 7, 2025 Constance

Congolese Gold Price Rises to $108.71 per Gram as Global Markets Remain Stable The price of Congolese gold experienced a slight increase on international markets, reaching USD 108.71 per gram for the week of September 1–6, 2025, up from USD 108.10 the previous week. This represents a modest rise of 0.56%, according to the National Commission of Mercuriales. Although contained, this increase reflects the current stability of gold on global stock markets. The precious metal continues to serve as a safe haven amid economic uncertainties and speculative market movements. In… Read More Here

Mining in DRC Gold

DRC Civil Society Urges Crackdown on Illegal Gold Mining in Haut-Uélé

September 7, 2025September 7, 2025 Constance

DRC’s Haut-Uélé Faces Environmental Threats from Illegal Gold Mining by Foreigners, Civil Society Calls for Expulsions The Congolese League for the Fight against Corruption (LICOCO) has raised alarm over the anarchic and illegal exploitation of gold in Haut-Uélé province, Democratic Republic of Congo (DRC). The civil society organization is urging the provincial governor to expel illegal operators, particularly Chinese nationals and other foreigners. In a press release dated September 4, 2025, LICOCO Executive Secretary Ernest Mpararo expressed concerns about the environmental impact of illegal mining activities, including river pollution and… Read More Here

International Gold

Burkina Faso Clarifies Govt’s Stake in Kiaka Gold Mine as Optional Under New Mining Code

September 7, 2025September 7, 2025 Constance

Burkina Faso Assures Investors: State’s Stake in WAF’s Kiaka Gold Mine Optional, Not Mandatory Burkina Faso’s director-general of the mining registry, Mamadou Sagnon, has sought to reassure investors that the government’s request for a larger stake in West African Resources’ (WAF) new Kiaka gold mine is not an obligation but an option under the country’s updated mining legislation. Speaking at the Africa Down Under conference in Perth, Sagnon explained that the July 2024 Mining Code increased the State’s free-carried interest in mining projects from 10% to 15%, while also allowing… Read More Here

International Events & Expos Gold

Ghana Reaffirms Mining Stability as $100m Black Volta Gold Project Faces Dispute

September 4, 2025September 4, 2025 Constance

Ghana Reassures Investors Amid Black Volta Gold Project Dispute Ghana’s Lands and Natural Resources Minister, Armah-Kofi Buah, has moved to reassure international investors that the country remains a stable and attractive mining destination, despite a legal dispute delaying development of the Black Volta gold project. Speaking at the Africa Down Under conference in Perth on Thursday, Buah emphasized that the matter should be kept in perspective. “In my presentation, I was very clear about the number of companies operating happily in Ghana. I talked about the ten largest companies, five… Read More Here