Barrick Selects Metso Flotation Technology for Lumwana Expansion 1 Mining in Zambia Copper Corporate News Gold News in Brief Technology & Innovation 

Barrick Selects Metso Flotation Technology for Lumwana Expansion

Barrick Chooses Metso’s Concorde Cell Flotation Technology for Lumwana Copper Expansion in Zambia Global gold and copper producer Barrick Mining Corporation has selected Metso’s Concorde Cell flotation technology for its Lumwana copper mine expansion project in Zambia. The Concorde Cell flotation cells will be deployed alongside Metso’s TankCell technology, which Barrick had previously chosen for the project. The combined solution is expected to optimise the processing flowsheet and enhance overall metallurgical performance. Metso said its high-intensity Concorde Cell technology is specifically designed to treat complex orebodies, delivering improved efficiency and… Read More Here
Mali Appoints Former Barrick Executive to New Ministerial Role Overseeing Gold Mining Sector 2 Gold Corporate News International Mining Personality 

Mali Appoints Former Barrick Executive to New Ministerial Role Overseeing Gold Mining Sector

Mali Creates New Ministerial Role to Tighten Presidential Control of Mining Sector Mali’s military-led government has created a new ministerial-level position to oversee the country’s mining sector, significantly strengthening presidential control over the gold industry, the nation’s most important source of revenue. A former Barrick Mining executive has been appointed to the role. Legal documents outlining the new position show that the minister will have authority to oversee the implementation of mining policy, monitor compliance with the mining code, and review reports submitted by mining licence holders—responsibilities that were previously… Read More Here
Uganda’s Gold Exports Soar, Surpassing Coffee to Become Top Foreign Exchange Earner 3 Gold Economy Mining in Uganda 

Uganda’s Gold Exports Soar, Surpassing Coffee to Become Top Foreign Exchange Earner

Uganda’s Gold Exports Jump 76% to $5.8 Billion, Overtaking Coffee as Leading Export Uganda’s gold exports surged by 75.8% in 2025, reaching approximately $5.8 billion, marking a rapid transformation in the country’s export profile as gold overtook coffee as the leading source of foreign exchange. Data from the Bank of Uganda show shipments rose from about $3.3 billion in 2024, driven largely by record international gold prices that attracted new traders into the sector. Adam Mugume, the central bank’s executive director for research and economic analysis, noted that the global… Read More Here
Zimbabwe’s Largest Gold Mine Secures $132 Million Investment from Canadian Firm 4 International Corporate News Gold 

Zimbabwe’s Largest Gold Mine Secures $132 Million Investment from Canadian Firm

Caledonia Mining Invests $132 Million in Zimbabwe’s Bilboes Gold Project to Boost Production Caledonia Mining Corporation, a Canadian miner, has announced plans to invest $132 million in 2026 to advance development of its Bilboes gold project in Zimbabwe, set to become the country’s largest gold mine. The move comes as producers capitalise on record global gold prices. The investment is part of a broader $162.5 million capital expenditure programme for 2026, subject to board approval and funding availability. Caledonia, which currently operates the 80,000-ounce-per-year Blanket Mine, estimates the total cost… Read More Here
Mali’s Gold Production Slumps in 2025 Amid Mining Disputes 5 Gold Economy International 

Mali’s Gold Production Slumps in 2025 Amid Mining Disputes

Mali Gold Output Falls 22.9% in 2025 as Barrick Suspension and Mining Reforms Disrupt Production Mali’s industrial gold production declined by 22.9 per cent in 2025, largely due to the prolonged suspension of Barrick Mining’s operations amid a dispute over tougher mining regulations, according to provisional data from the Ministry of Mines. The West African nation, one of Africa’s leading gold producers, has been implementing reforms aimed at increasing state revenue and local value capture under a new mining code introduced in 2023. As part of the reform process, a… Read More Here
Ghana to End Mining Stability Agreements and Increase Royalties Under New Reforms 6 International Gold 

Ghana to End Mining Stability Agreements and Increase Royalties Under New Reforms

Ghana Plans to Scrap Mining Stability Agreements and Double Gold Royalties as Prices Surge Ghana is set to abolish long-term mining investment stability agreements and significantly increase gold royalties under sweeping reforms aimed at allowing the state to capture greater value from elevated bullion prices, the country’s mining regulator has confirmed. The reforms form part of a broader overhaul of Ghana’s mining framework, intended to balance investor confidence with the government’s drive to increase revenue from the sector, Mr Isaac Tandoh, Acting Chief Executive Officer of the Minerals Commission, told… Read More Here
Nigeria Courts Saudi Investment to Expand Lithium and Gold Processing Capacity 7 International Gold Lithium Mineral Processing 

Nigeria Courts Saudi Investment to Expand Lithium and Gold Processing Capacity

Nigeria Pitches $600 Million Lithium and Gold Projects to Saudi Investors to Build Minerals Hub Nigeria has intensified efforts to attract Gulf investment after presenting a series of lithium processing and gold mining projects to Saudi investors, as Africa’s largest economy accelerates its push to diversify beyond oil and strengthen its solid minerals sector. The initiative forms part of a broader strategy to position Nigeria as a major African hub for critical minerals required for the global energy transition. The Minister of Solid Minerals Development, Dele Alake, disclosed the plans… Read More Here
Ivanhoe Mines’ Platreef Mine Hits First Production 8 Corporate News Copper Gold Nickel 

Ivanhoe Mines’ Platreef Mine Hits First Production

Ivanhoe Mines’ Platreef Mine Launches Production, Poised to Become a Leading Platinum-Group Metals Producer Ivanhoe Mines has officially opened the Platreef Mine in Limpopo Province, South Africa, achieving its first production of platinum, palladium, rhodium, gold, nickel, and copper concentrate. The development of the Platreef Mine continues to advance rapidly as global demand for precious and base metals reaches new highs. Ivanhoe Mines’ Executive Co-Chair Robert Friedland emphasized the significance of the project, describing the Platreef orebody as “once-in-a-generation” due to its scale, thickness, and mechanization potential. Unlike typical South… Read More Here
Gold Set for $4,800 per Ounce in 2026 as Bullish Momentum Continues 9 Gold Economy International 

Gold Set for $4,800 per Ounce in 2026 as Bullish Momentum Continues

Morgan Stanley Forecasts Gold Price Surge to $4,800 Amid Safe-Haven Demand and Rate Cuts After a record-breaking 2025, gold continues to drive bullish sentiment across global financial markets. In a note published on January 5, 2026, Morgan Stanley projected that gold could reach $4,800 per ounce by the fourth quarter of 2026, citing a supportive monetary environment and sustained demand for safe-haven assets. The American bank highlighted several key drivers behind the forecast: potential interest rate cuts, possible changes in leadership at the US Federal Reserve, and continued accumulation of… Read More Here
DRC Central Bank to Make Gold a Pillar of National Reserves from 2026 10 Mining in DRC Economy Gold 

DRC Central Bank to Make Gold a Pillar of National Reserves from 2026

DR Congo Plans to Boost Gold Reserves in 2026 to Strengthen Financial Stability and Sovereignty As the Democratic Republic of Congo continues to grapple with persistent security challenges in its eastern regions, the Central Bank of Congo (BCC) has outlined a strategic shift aimed at strengthening the country’s financial resilience. Beginning in 2026, gold will become a central pillar of the nation’s reserve diversification strategy, according to BCC Governor André Wameso. Speaking on Thursday, January 8, 2026, Governor Wameso said the accumulation of monetary gold is now a key priority… Read More Here

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