Gold - Copperbelt Katanga Mining

Ghana Hits Record 6 Million Ounces of Gold in 2025 Amid Royalty Reform Debate 1

Ghana Gold Output Reaches Record 6 Million Ounces in 2025 as Royalty Overhaul Raises Industry Concerns Ghana produced a record six million ounces of gold in 2025, according to provisional industry data, cementing its position as Africa’s top gold producer. Figures released by the Ghana Chamber of Mines show that large-scale mining operations delivered 2.9 million ounces, unchanged from the previous year. The bulk of growth came from artisanal and small scale mining (ASM), which rose to approximately 3.1 million ounces, buoyed by strong bullion prices and sector reforms. 2026… Read More Here

Mali Renews Barrick’s Loulo-Gounkoto Gold Mining Permit for 10 Years After Resolving Dispute

February 15, 2026February 15, 2026 Constance0 comment

Mali Extends Barrick’s Loulo-Gounkoto Gold Mining Permit by 10 Years Following Settlement Agreement Mali’s government has approved a draft decree to renew the gold mining permit for the Loulo-Gounkoto complex, operated by Barrick Gold, for an additional 10 years. The announcement was made in an official statement issued Friday by the country’s military leadership. Mali, one of Africa’s largest gold producers, finalized a settlement with Barrick in November after nearly two years of negotiations. The dispute stemmed from Mali’s 2023 mining code reforms, which increased taxes and expanded the state’s… Read More Here

Mining in Zambia Gold

Gold Discovery Confirmed in Zambia’s Nakonde District

February 8, 2026February 8, 2026 Constance0 comment

Zambia Confirms New Gold Discovery in Nakonde District Following Mpika and Shiwan’andu Finds Nakonde District has become the third area in Zambia to record a newly confirmed mineral discovery, following similar announcements in Mpika and Shiwan’andu districts. The latest find involves the identification of gold-bearing material during ongoing exploration activities in the region. According to available information, the deposit is considered significant enough to merit commercial interest and has been classified as a new gold mine. However, authorities have not disclosed estimates regarding the size of the deposit or the… Read More Here

International Economy Gold

Tanzania to Monetise Part of Gold Reserves to Fund Infrastructure

January 29, 2026January 29, 2026 Constance

Tanzania Plans Partial Sale of Gold Reserves as Foreign Aid Declines in 2026 Tanzania is planning to sell a portion of its gold reserves to finance priority infrastructure projects, as international development assistance continues to decline. The announcement was made on Monday, January 26, 2026, in London by the Minister of State for Planning and Investment, Kitila Mkumbo, following instructions from President Samia Suluhu Hassan to the Bank of Tanzania. “Governments are no longer willing to provide aid to Africa, so we are reorganising our financing strategy,” the minister said,… Read More Here

International Gold

Mali Detains Yanfolila Mine Executives as Mining Code Enforcement Intensifies

January 28, 2026January 28, 2026 Constance

Mali Detains Five Yanfolila Gold Mine Managers in Toughened Mining Sector Crackdown Mali has detained five senior managers linked to the local operator of the Yanfolila gold mine over alleged breaches of the country’s mining regulations, highlighting the government’s increasingly hardline approach to the extractive sector. According to two sources familiar with the matter, the employees of Société des Mines de Komana (SMK) were detained on Friday for allegedly failing to repatriate foreign currency earned from export revenues, a requirement under Mali’s revised mining code. The information was reported by… Read More Here

International Economy Gold

South African Rand Strengthens Near 16-per-Dollar as Gold Hits Record Highs

January 27, 2026January 27, 2026 Constance

South African Rand Approaches 16 per Dollar Amid Record Gold Prices Ahead of SARB Rate Meeting The South African rand edged closer to the 16-per-dollar mark on Monday, supported by record gold prices, ahead of the South African Reserve Bank’s (SARB) first interest rate meeting of 2026. At 07:03 GMT, the rand traded at 16.0475 against the dollar, up approximately 0.4% from its previous close and near its strongest level since June 2022. The U.S. dollar weakened slightly against a basket of currencies, while gold surged past $5,000 per ounce,… Read More Here

Gold Corporate News Mining in Zambia New Mining Projects

Prospect Resources Uncovers Significant Gold Potential at Nyungu Central Copper Deposit

January 26, 2026January 26, 2026 Constance

Prospect Resources Identifies Major Gold Upside at Nyungu Central in Zambia, Lifting Project Value Prospect Resources has identified significant gold mineralisation at its Nyungu Central copper deposit in Zambia, a development that could materially enhance the value of the Mumbezhi Project and strengthen its appeal to potential buyers, according to new equity research published by Argonaut Securities. The gold discovery follows a re-assaying programme of historical drill samples originally analysed only for copper. The new results reveal widespread gold anomalism within previously defined copper mineralisation at Nyungu Central, suggesting gold… Read More Here

International Corporate News Gold

Newmont’s Veto Power Complicates Barrick’s Plan to Spin Off North American Assets

January 26, 2026January 26, 2026 Constance

Barrick’s North America IPO Plans Depend on Newmont as Nevada JV Terms Shift Power Balance TORONTO – Canadian mining group Barrick’s plans to spin off its North American assets will depend heavily on its joint venture partner Newmont, underscoring a dramatic shift in the balance of power between the two global gold producers, according to documents reviewed by Reuters and accounts from former Barrick executives. Denver-based Newmont’s influence over Barrick’s strategic options marks a reversal from just a few years ago, when Barrick was seeking to buy out Newmont’s minority… Read More Here

International Diamond Exploration Gold New Mining Projects

Botswana Diamonds Secures New Licences to Expand into Copper and Gold Exploration

January 26, 2026January 26, 2026 Constance

Botswana Diamonds Enters Copper and Gold Exploration with 7,000 km² of New Licences in Botswana AIM- and BSE-listed Botswana Diamonds has announced the award of eight prospecting licences covering approximately 7,000 km² in north-western Botswana, marking a potential entry into the copper and gold sectors. The licences, which are valid until December 31, 2028, were selected following an extensive AI-driven assessment of the company’s Botswana-focused exploration database, which spans about 95,000 km². The analysis incorporated a large body of geophysical survey data and identified strong prospectivity for copper, with additional… Read More Here

International Gold Mergers & Acquisitions

Zijin Gold to Acquire Allied Gold in C$5.5 Billion All-Cash Deal

January 26, 2026January 26, 2026 Constance

Zijin Gold Agrees to Buy Allied Gold for C$5.5 Billion in Friendly All-Cash Takeover TSX- and NYSE-listed Allied Gold has agreed to be acquired by Hong Kong–listed Zijin Gold in a friendly, all-cash transaction valued at approximately C$5.5 billion. Under the terms of a definitive arrangement agreement announced on Monday, Zijin Gold will acquire all of Allied Gold’s issued and outstanding shares for C$44 per share in cash. The offer represents a premium of about 27% to Allied Gold’s 30-day volume-weighted average share price on the Toronto Stock Exchange as… Read More Here