Barrick Resumes Gold Production at Mali’s Loulo-Gounkoto Mine After Nine-Month Shutdown 1 International Corporate News Gold 

Barrick Resumes Gold Production at Mali’s Loulo-Gounkoto Mine After Nine-Month Shutdown

Barrick’s Loulo-Gounkoto gold mine restarts operations in Mali after government dispute and nine-month halt Barrick Gold Corporation has restarted operations at its Loulo-Gounkoto gold mine in Mali after a shutdown lasting more than nine months, Bloomberg reported, citing sources familiar with the matter. The Loulo-Gounkoto complex, one of Barrick’s most important assets in West Africa, was shut down in January following escalating tensions with Mali’s military-led government. The dispute intensified earlier this year when a Malian court appointed Soumana Makadji, an accountant and former health minister, to manage the mine… Read More Here
DRC Calls for “Gold Kimberley Process” to Curb Illicit Mineral Trade in Conflict Zones 2 Mining in DRC Gold 

DRC Calls for “Gold Kimberley Process” to Curb Illicit Mineral Trade in Conflict Zones

DRC Urges UN to Establish Global “Kimberley Process” for Gold to Stop Funding of Armed Groups Speaking before the United Nations Security Council on Monday, Zénon Mukongo Ngay, Permanent Representative of the Democratic Republic of Congo (DRC) to the UN, called for the creation of a global certification mechanism—similar to the Kimberley Process for diamonds—to regulate the trade of gold and minerals from conflict zones. “My government reiterates its request for the establishment of a mechanism similar to the Kimberley Process to manage gold from conflict zones, in order to… Read More Here
DRC to Build Gold Reserves to Strengthen Currency and Support Economic Stability 3 Mining in DRC Economy Gold 

DRC to Build Gold Reserves to Strengthen Currency and Support Economic Stability

DRC Launches Gold Reserve Strategy as Prices Soar Past $4,000 an Ounce to Bolster the Franc The Democratic Republic of Congo (DRC) plans to begin building official gold reserves as part of a broader strategy to strengthen the Congolese franc and support economic resilience, according to Central Bank Governor André Wameso. The move comes amid record-high global gold prices, which surged past $4,000 an ounce this week, marking an increase of more than 50% year-to-date. The rise has been largely driven by heightened central bank purchases worldwide as countries seek… Read More Here
Epiroc Secures $12 Million Order from Asante Gold for Chirano Mine in Ghana 4 International Corporate News Gold 

Epiroc Secures $12 Million Order from Asante Gold for Chirano Mine in Ghana

Epiroc Wins Major $12 Million Mining Equipment Contract from Asante Gold for Chirano Mine in Ghana Mining and infrastructure productivity partner Epiroc has secured a significant order for advanced mining equipment and digital solutions from Asante Gold Corporation, a Canadian mining company operating the Chirano gold mine in southwestern Ghana. The order, valued at approximately SEK 115 million (US$12 million), includes a fleet of underground mining trucks, loaders, face drilling rigs, and production drilling rigs designed to enhance productivity and safety at Chirano — a combined open-pit and underground operation.… Read More Here
DRC Shuts Down Illegal Chinese Gold Mine in Watsa 5 Mining in DRC Gold Governance 

DRC Shuts Down Illegal Chinese Gold Mine in Watsa

Minister Watum Kabamba Leads Crackdown on Illegal Gold Mine in Watsa Watsa, Haut-Uélé Province — In a decisive move to restore order and legality to the mining sector, Democratic Republic of Congo (DRC) Minister of Mines Louis Watum Kabamba led a forceful operation in Watsa territory that resulted in the shutdown of a large-scale illegal gold mining operation run by Chinese nationals. The action marks a major milestone in the government’s campaign against mining predation and lawlessness. A High-Profile Raid in Gatanga Under the blazing sun and clouds of dust… Read More Here
Japan Gold and Barrick Mining End Strategic Alliance After Five Years of Exploration 6 International Corporate News Gold 

Japan Gold and Barrick Mining End Strategic Alliance After Five Years of Exploration

Japan Gold Ends Partnership with Barrick Mining After C$23 Million Investment and Plans New Exploration Strategy The strategic alliance between Japan Gold (TSXV: JG) and Barrick Mining (TSX: ABX, NYSE: GOLD) will officially end on October 31, 2025, after more than five years of collaboration and C$23 million (US$17 million) in exploration spending. Announced by Vancouver-based Japan Gold, the decision to terminate the partnership was mutual. Established in February 2020, the alliance aimed to explore, develop, and mine mineral properties in Japan with the potential to host Tier 1 or… Read More Here
DRC Targets Gold Market Expansion Amid Record Prices and New Investment Plans 7 Mining in DRC Economy Gold 

DRC Targets Gold Market Expansion Amid Record Prices and New Investment Plans

Democratic Republic of Congo Seeks to Expand Gold Mining as Prices Surge Above $3,700/oz Known primarily for its vast copper and cobalt reserves, the Democratic Republic of Congo (DRC) is now seeking to strengthen its position in the global gold market. Currently dominated by the Kibali mine, which accounts for nearly 90% of the country’s gold production, Kinshasa is exploring the possibility of opening new industrial gold mines. This announcement was made by Mines Minister Louis Watum in an interview with Bloomberg on September 25, 2025. The timing coincides with… Read More Here
Mali’s Gold Output Plummets Amid Dispute with Barrick Gold and Policy Shifts 8 Gold International 

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

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 9 International Corporate News Gold Mining Personality 

Barrick Announces Leadership Transition

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
Galiano Gold Halts Esaase Deposit Operations After Fatal Clashes in Ghana 10 International Gold News in Brief 

Galiano Gold Halts Esaase Deposit Operations After Fatal Clashes in Ghana

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

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