Gold - Copperbelt Katanga Mining

Zijin Mining Plans $3 Billion Hong Kong IPO for Gold Unit Amid Record Prices

September 4, 2025September 4, 2025 Constance

China’s Zijin Mining Eyes $3B Hong Kong IPO for Gold Unit as Prices Near Record Highs China’s Zijin Mining Group is preparing to list its international gold-mining subsidiary, Zijin Gold International, in Hong Kong in an initial public offering (IPO) that could raise more than $3 billion, according to sources familiar with the matter. If completed, the deal would rank as the second-largest IPO globally in 2025. The final size and timing of the IPO are still under discussion, though the listing could launch as early as this month. Investor… Read More Here

Gold Copper Corporate News Mining in Zambia

Kansanshi’s Golden Thread: How Zambia’s Largest Copper Mine Became a Pillar of National Gold Reserves

September 1, 2025September 1, 2025 Constance

In the heart of Zambia’s North-Western Province, Kansanshi Mine towers as a copper giant — but it is gold that increasingly shines in the national conversation. For nearly two decades, Kansanshi Mine has produced gold as a copper by-product, pouring it into bars that have become a cornerstone of Zambia’s national reserves through the Bank of Zambia (BOZ). While Kansanshi’s processing plants are optimized for copper output, the gold extracted now stands at the center of national economic strategy, contributing to Zambia’s reserves, bolstering the kwacha, and attracting high-value global… Read More Here

Gold International

Burkina Faso Pushes Resource Nationalization with New Bid for Kiaka Gold Mine Stake

August 31, 2025August 31, 2025 Constance

Burkina Faso Seeks Bigger Stake in Kiaka Gold Mine as Resource Nationalization Accelerates Burkina Faso is intensifying its push to nationalize natural resources, requesting to acquire an additional 35% stake in West African Resources’ (ASX: WAF) Kiaka gold mine. The move prompted the miner to request a trading halt on Thursday. The government’s proposal targets a larger share of the Kiaka mine, which produced its first gold in June 2025. West African Resources said the stake would be acquired “for valuable paid consideration” and expects trading to resume Monday. West… Read More Here

International Corporate News Gold

U.S. Gold Adopts Glencore’s Jameson Cell Technology to Boost Recovery at CK Gold Project

August 31, 2025August 31, 2025 Constance

U.S. Gold Selects Glencore’s Jameson Cell to Enhance Gold and Copper Recovery at Wyoming’s CK Gold Project U.S. Gold has chosen Glencore Technology’s Jameson Cell flotation system to improve gold and copper recovery at its CK Gold Project in Wyoming. The decision follows engineering, optimization, and trade-off studies conducted as part of the company’s Definitive Feasibility Study (DFS) and execution plan. Partnership with Glencore Technology U.S. Gold first engaged with Glencore Technology in late 2024, when the Jameson Cell—first introduced in 1986—was proposed as a modern upgrade to conventional flotation… Read More Here

Corporate News Gold International Mining Personality

Barrick Appoints Gisselle Valera as President of Barrick Pueblo Viejo

August 31, 2025August 31, 2025 Constance

In a strategic step taken to strengthen the Dominican Republic’s most important mining operation and one of the world’s leading Tier One gold mines, Barrick is pleased to confirm Gisselle Valera as President of Barrick Pueblo Viejo. Ms. Valera has effectively carried this leadership role since her appointment in June and, as President, she will serve as the company’s primary spokesperson with key stakeholders. She will continue to report directly to Barrick’s COO for Latin America & Asia Pacific, Mark Hill. With more than 16 years of experience in government… Read More Here

International Corporate News Gold

Asante Gold Secures $500M Financing to Boost Bibiani and Chirano Mines in Ghana

August 29, 2025August 29, 2025 Constance

Asante Gold Raises $500 Million to Expand Ghana Operations and Target 500,000 oz Annual Output by 2028 Canada’s Asante Gold has finalized a $500-million financing package to accelerate the development and expansion of its Bibiani and Chirano gold mines in Ghana, the company announced on Monday. The package includes net proceeds from a $125-million second utilization under its $150-million senior debt facility. A first drawdown of $5 million was completed on August 14, while a $20-million revolving credit facility is now fully available. “Closing this financing is transformative for Asante,”… Read More Here

International Economy Gold

Burkina Faso Boosts Mining Revenues as Govt Raises Equity in West African Resources to 15%

August 28, 2025August 28, 2025 Constance

Burkina Faso Increases Stake in West African Resources’ Gold Projects Under New Mining Code Burkina Faso’s largest gold producer and one of its biggest foreign investors, West African Resources (WAF), has implemented the revised 2024 mining code, raising the government’s free carried equity in its gold projects from 10% to 15%. The adjustment was confirmed in WAF’s interim financial report for the first half of 2025. WAF executive chairman Richard Hyde said the equity transfer was finalized in July and August across its three key projects: Sanbrado (Somisa), Kiaka, and… Read More Here

Gold Mining in Zambia

Gold Discovery in Mfuwe Prompts Govt to Ensure Structured Mining

August 28, 2025August 28, 2025 Constance

Gold Found in Mfuwe, Zambia: Government Pledges Safe and Legal Mining Practices The Minister of Commerce, Trade and Industry, Chipoka Mulenga, has announced the discovery of gold in Mfuwe constituency, Lavushimanda District, Muchinga Province. The find has already begun attracting people to the area. Minister Mulenga explained that the New Dawn administration is committed to ensuring that mining activities in Mfuwe are carried out in a structured and inclusive manner. He emphasized that local communities will directly benefit from the discovery through fair participation, safe working conditions, and access to… Read More Here

Mining in Uganda Gold New Mining Projects

Uganda Launches First Industrial Gold Mine as Wagagai Project Goes Live

August 25, 2025August 25, 2025 Constance

Uganda Inaugurates Wagagai Gold Mine, Marks Entry into Large-Scale Mining Uganda has officially launched its first industrial gold mine with the inauguration of the Wagagai project, marking a major milestone for the country’s mining sector. Until now, Uganda had no large-scale mining operations, despite gold being a key export. Wagagai Mining (U) Limited, a wholly owned Chinese subsidiary of China Liaoning Hongda, invested $250 million to develop the mine. The Presidency confirmed the launch on August 16, signaling Uganda’s entry into large-scale gold production. The timing coincides with a sharp… Read More Here

International Gold

Uganda Launches First Large-Scale Gold Mine with $250M Chinese Investment

August 18, 2025August 18, 2025 Constance

Uganda Opens $250 Million Gold Mine to Boost Exports and Mining Industry Uganda has officially inaugurated its first large-scale gold mine, a $250 million Chinese-owned project located in the eastern Busia district. The Wagagai Gold Mining Project will also refine bullion to 99.9% purity, according to a statement from the president’s office. The landlocked East African nation, endowed with minerals such as copper, cobalt, and iron ore, is seeking to expand its mining sector and establish itself as a leading gold producer and exporter. In 2023, Uganda earned $3.4 billion… Read More Here