Gold - Copperbelt Katanga Mining

Barrick Advances Lumwana Super Pit Expansion as Copper Output Rises

May 12, 2026May 12, 2026 Constance0 comment

Barrick’s Lumwana Copper Expansion in Zambia Remains on Track for 2028 Production Target Construction of the Lumwana Super Pit copper expansion project in Zambia remained on schedule and within budget during the first quarter of 2026, mining giant Barrick Gold announced on Monday, 11 May. The company confirmed that the first lift of the mill building wall was successfully completed during the quarter. Mill shells have already been delivered to the site, while the first shipments of structural steel are expected before the end of June. Barrick expects 2026 capital… Read More Here

International Gold

South Africa’s Gold Sector Revives with Low-Cost Projects and Modular Mining Shift

May 6, 2026May 6, 2026 Constance

South Africa Gold Mining Revival: New Low-Cost Projects Drive Industry Restructuring South Africa is experiencing renewed interest in its gold sector as smaller, lower-cost projects and modular mining technologies begin reshaping an industry that has declined by more than 70% over the past two decades. The shift marks a move away from deep-level, capital-intensive mining toward faster-developing projects focused on legacy deposits and improved cost efficiency. In Mpumalanga, Theta Gold Mines is advancing its TGME Gold Project near the historic town of Pilgrim’s Rest, an area largely inactive since the… Read More Here

Mining in DRC Economy Gold

DRC Mining Exports Gain Momentum as Global Commodity Prices Rise

April 30, 2026April 30, 2026 Constance

DRC Mineral Prices Climb: Copper, Gold, Tin and Zinc Rise While Cobalt Holds Steady Mining export prices from the Democratic Republic of the Congo are projected to trend upward on international markets during the period from April 27 to May 2, 2026, according to forecasts from the Ministry of Foreign Trade. The latest price index indicates broad-based gains across key mineral commodities, reflecting sustained global demand and improving market conditions. Gold, one of the country’s primary exports, is expected to increase to $155.28 per kilogram, up from $153.87 the previous… Read More Here

Mining in DRC Cobalt Copper Economy Gold Tin

DRC Mineral Export Prices Rise Sharply as Key Metals Gain on Global Markets

April 30, 2026April 30, 2026 Constance

DRC Mineral Prices Show Upward Trend: Gold, Copper, Tin and Germanium Rise While Cobalt Holds Steady Market data for mineral products exported from the Democratic Republic of Congo (DRC) for the period April 27 to May 2, 2026 shows an overall upward trend on international markets, driven by gains in several strategic metals. Precious and industrial metals recorded notable increases. Gold rose from $153.87 to $155.28 per gram, while copper increased from $12,836.10 to $13,177.50 per ton. Aluminum ingots also posted gains, climbing from $1,690.63 to $1,718.98 per ton. Other… Read More Here

International Gold

Mining Investment in Mali Persists Despite Escalating Security Risks

April 30, 2026April 30, 2026 Constance

Mining Companies Maintain Investments in Mali Amid Rising Security Threats and Political Instability International mining companies are expected to continue investing in Mali, one of Africa’s most resource-rich nations, despite a sharp escalation in security risks following a recent surge in coordinated insurgent attacks. Mali is a leading gold producer on the continent, benefiting from record-high global prices. The country also holds substantial reserves of lithium, uranium, and copper, making it strategically important for global resource markets. However, decades of insurgency and political instability including repeated military coups have complicated… Read More Here

International Corporate News Gold Mining Personality

Barrick Mining Names North America Leadership Team Ahead of Planned IPO

April 28, 2026April 28, 2026 Constance

Barrick Appoints Executive Team to Lead North American Business Spin-Off Barrick Mining Corporation announced on Tuesday the appointment of a new executive leadership team for its North American operations as the company moves forward with plans to pursue an initial public offering (IPO) for the business. The restructuring marks a significant step in the company’s strategy to strengthen operational focus and unlock shareholder value from its North American asset base. Key Leadership Appointments The newly formed leadership team will oversee the standalone operations of Barrick’s North American division as it… Read More Here

International Corporate News Gold New Mining Projects

Ecuador Seals $1.7 Billion Mining Deal with China’s CMOC Group to Advance Major Gold Project

April 28, 2026April 28, 2026 Constance

Ecuador Secures Major Mining Investment as $1.7 Billion Los Cangrejos Project Aims to Boost State Revenue and Expand Mining Sector Ecuador has taken a significant step to expand its mining industry after signing a major contract with the local subsidiary of China’s CMOC Group to develop the Los Cangrejos mining project. The agreement represents one of the largest recent investments in the country’s resource sector, with total projected capital expenditure exceeding $1.7 billion. Located in El Oro province, the Los Cangrejos project will be developed by ODIN Mining del Ecuador,… Read More Here

Mining in DRC Economy Gold

DRC Signs Gold Supply Deal with UAE Firm to Expand Access to Global Bullion Markets

April 27, 2026April 27, 2026 Constance

DR Congo Partners with UAE-Based Paradigm Holdings to Boost Gold Exports Through Dubai Trading Hub The government of the Democratic Republic of the Congo has signed a gold supply agreement with UAE-based Paradigm Holdings, marking a new step in efforts to expand the country’s access to international bullion markets through Dubai. The deal highlights the growing role of the United Arab Emirates as a key intermediary in global gold trade, connecting resource-rich African producers with international buyers. Dubai has strengthened its position as a major global trading and refining hub,… Read More Here

International Gold

Burkina Faso Moves to Increase State Stake in Kiaka Gold Mine Amid West African Resources Expansion Plans

April 25, 2026April 25, 2026 Constance

Burkina Faso Seeks 40% Stake in Kiaka Gold Mine as West African Resources Suspends Trading Over Ownership Shift Burkina Faso has notified West African Resources Limited of its intention to increase the state’s stake in the Kiaka gold mine from 15% to 40%, marking a significant escalation in government participation in one of West Africa’s key gold assets. The development comes as the Australian-listed mining company prepares for a sharp increase in production across its regional operations. In response to the government’s move, West African Resources suspended trading of its… Read More Here

International Gold

Ghana Sets December 2026 Deadline for Miners to Transition to Local Contract Mining

April 25, 2026April 25, 2026 Constance

Ghana Orders Newmont, AngloGold Ashanti, and Zijin to Shift to Local Contractors by December 2026 or Face Sanctions Ghana’s mining regulator has given international mining companies Newmont, AngloGold Ashanti, and Chinese-owned Zijin Mining until December 2026 to transition their mining operations to locally compliant contractors or face potential sanctions, according to sources familiar with the matter and regulatory documents. The three companies are among the few major operators in Ghana that still conduct mining using their own in-house personnel. Most other mining firms had already outsourced their operations in anticipation… Read More Here