Mali Forecasts Lower Gold Production Through 2029 Amid Mining Sector Reforms 1 International Gold 

Mali Forecasts Lower Gold Production Through 2029 Amid Mining Sector Reforms

Mali Expects Gold Production to Stay Below 60 Tonnes Annually Through 2029 as Mining Reforms Reshape Sector Mali’s industrial gold production is projected to remain below 60 metric tonnes per year through 2029, according to the Ministry of Mines’ 2026–2029 strategic plan, reflecting the continued impact of sweeping mining reforms and regulatory changes introduced in recent years. The West African nation, one of Africa’s leading gold producers, has strengthened state oversight of the mining industry following the adoption of a new mining code in 2023. The reforms are aimed at… Read More Here
Barrick Invests C$20.8 Million in Kingfisher Metals to Advance Copper-Gold Exploration Project 2 International Corporate News Gold 

Barrick Invests C$20.8 Million in Kingfisher Metals to Advance Copper-Gold Exploration Project

Barrick Acquires 9.9% Stake in Kingfisher Metals to Support Highway 37 Copper-Gold Project in Canada Global mining company Barrick Mining Corporation has invested C$20.8 million in Canadian copper and gold explorer Kingfisher Metals Corporation through a private placement, strengthening its exposure to the company’s Highway 37 project in British Columbia. Barrick subscribed for 15.4 million units priced at C$1.35 each, with each unit consisting of one common share and half of a share purchase warrant. Each full warrant allows Barrick to acquire an additional Kingfisher share at C$1.70 within the… Read More Here
ZCCM-IH and Zambia Govt Advance Plans for Gold Trading Centres to Formalise Artisanal Mining 3 Mining in Zambia Artisanal mining Gold 

ZCCM-IH and Zambia Govt Advance Plans for Gold Trading Centres to Formalise Artisanal Mining

Zambia Moves to Formalise Gold Sector as ZCCM-IH Plans Trading Centres for Small-Scale Miners ZCCM Investments Holdings (ZCCM-IH) is working with the Ministry of Mines and Mineral Development on plans to establish gold trading centres in areas where artisanal and small-scale gold mining activities are being formalised. ZCCM-IH Board Chairperson Phesto Musonda said the initiative is part of the company’s commitment to supporting the growth of Zambia’s gold and manganese sectors while ensuring that mineral resources contribute more effectively to national economic development. The proposed gold trading centres will provide… Read More Here
South African Gold Miner Pours First Gold as $612 Million Investment Begins to Pay Off 4 International Gold News in Brief 

South African Gold Miner Pours First Gold as $612 Million Investment Begins to Pay Off

South African Gold Miner Achieves First Gold Pour After $612 Million Investment Milestone South African gold producer West Wits Mining has achieved its first gold pour at its Qala Shallows project, marking a major milestone after investing approximately $612 million to bring the mine into production. The first gold was processed at Sibanye-Stillwater’s Ezulwini processing plant, officially transforming West Wits from a mine developer into a gold producer. The achievement comes after years of planning, financing and construction aimed at unlocking one of South Africa’s historic gold resources. The Qala… Read More Here
DRC Mining Export Prices Mixed as Gold, Cobalt and Tin Rise While Copper and Nickel Decline 5 Mining in DRC Cobalt Copper Economy Gold Nickel 

DRC Mining Export Prices Mixed as Gold, Cobalt and Tin Rise While Copper and Nickel Decline

DRC Mining Export Prices Update: Gold, Cobalt and Tin Gain as Copper, Nickel Fall The prices of several mining commodities exported by the Democratic Republic of Congo (DRC) recorded mixed movements during the week of July 13–18, according to the latest price list released by the Ministry of Foreign Trade. Gold, Cobalt and Tin Record Gains Among the commodities posting gains, cobalt edged up from US$55,613.00 to US$55,618.00 per tonne. Gold also strengthened, rising from US$130.77 to US$134.30 per kilogram. Zinc increased from US$3,494.90 to US$3,540.90 per tonne, while niobium… Read More Here
Nova Africa Plans $21 Million Restart of Botswana Gold Mine 6 International Corporate News Gold 

Nova Africa Plans $21 Million Restart of Botswana Gold Mine

Nova Africa Announces $21 Million Investment to Restart Botswana Gold Mining Operations Nova Africa Resources is planning a US$21 million investment to restart gold mining operations in Botswana, as the company seeks to revive production and unlock the value of the country’s mineral resources. The project involves the redevelopment of a previously inactive gold mine, with funding expected to support mine rehabilitation, infrastructure upgrades, exploration activities and the preparation of the operation for renewed production. Botswana is widely recognised for its diamond industry, but the government has been working to… Read More Here
Barrick Advances Kibali Growth Strategy as Feasibility Work Continues at DRC Gold Mine 7 Mining in DRC Corporate News Gold 

Barrick Advances Kibali Growth Strategy as Feasibility Work Continues at DRC Gold Mine

Barrick’s Kibali Gold Mine Expansion Studies Continue as Company Focuses on Long-Term Growth in DRC Kibali remains a central part of Barrick Mining’s long-term strategy in the Democratic Republic of Congo, with ongoing feasibility and development studies indicating that the company continues to evaluate opportunities to extend the life and value of one of Africa’s largest gold mines. In late June, Thijs Goense announced that he had joined Barrick as a Feasibility Studies Manager at Kibali, a move that signals continued technical and development work at the operation as the… Read More Here
DRC Gold Trading Expands National Footprint with Planned North Ubangi Branch 8 Mining in DRC Economy Gold 

DRC Gold Trading Expands National Footprint with Planned North Ubangi Branch

DRC Gold Trading Plans North Ubangi Expansion to Strengthen Artisanal Gold Supply Network DRC Gold Trading S.A. plans to establish a new branch in North Ubangi Province as part of its strategy to expand its network for the collection, trading and export of artisanal gold. The company’s Chief Executive Officer, Joseph Kazibaziba Maombi, said North Ubangi is among the next locations targeted for expansion, although no opening date has been announced. The planned branch follows the company’s recent efforts to strengthen its presence across the Democratic Republic of Congo. DRC… Read More Here
UN Report Highlights Scale of Illicit Gold Trade in DRC’s Ituri Province 9 Mining in DRC Gold 

UN Report Highlights Scale of Illicit Gold Trade in DRC’s Ituri Province

UN Experts Report Major Gold Smuggling Networks in DR Congo’s Ituri as Uganda Exports Surge A United Nations Group of Experts report on the Democratic Republic of Congo (DRC) has highlighted concerns over suspected illicit gold mining and trade in Ituri province, including alleged cross-border flows of gold through Uganda. According to the report, significant quantities of gold produced in Ituri may be leaving the country through unofficial channels before entering regional and international markets. The experts said the scale of reported production at some mining sites differs significantly from… Read More Here
DRC Mineral Export Prices Decline as Copper, Gold and Tin Weaken 10 Mining in DRC Copper Economy Gold 

DRC Mineral Export Prices Decline as Copper, Gold and Tin Weaken

DR Congo Mineral Prices Fall as Copper, Gold and Tin Decline; Cobalt and Germanium Edge Higher Most of the Democratic Republic of Congo’s major mineral exports recorded lower prices on international markets during the week of July 6–11, 2026, according to the latest price bulletin from the Ministry of Foreign Trade. Cobalt and germanium were the only minerals to post gains. Copper, the country’s top export, declined from $13,475.85 to $13,258.50 per tonne. Tin also fell sharply, dropping from $54,040.00 to $50,678.75 per tonne, while gold slipped from $136.76 to… Read More Here

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