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Category: Gold

DRC Central Bank Receives First Refined Gold Ingots Under New Reserve-Building Programme 1 Mining in DRC Economy Gold 

DRC Central Bank Receives First Refined Gold Ingots Under New Reserve-Building Programme

Constance
Democratic Republic of Congo Launches State Gold Reserve Programme as First Refined Ingots Reach Central Bank The Democratic Republic of the Congo has received its first delivery of refined gold ingots at the central bank, marking a major milestone in its effort to rebuild official monetary gold reserves through a new state-led purchasing programme. According to DRC Gold Refinery SA the country’s first dedicated gold refinery the development represents a significant step toward restoring the nation’s monetary gold system nearly five decades after it largely ceased formal accumulation. The company… Read More Here
Trafigura Signs Gold Offtake and Financing Deal with Heath Goldfields to Restart Bogoso–Prestea Mine 2 International Corporate News Gold Investment News 

Trafigura Signs Gold Offtake and Financing Deal with Heath Goldfields to Restart Bogoso–Prestea Mine

Constance
Trafigura Enters Ghana Gold Market with $65M Financing and 700,000 oz Offtake Deal for Bogoso–Prestea Mine Restart Global commodity trading company Trafigura has entered into an offtake and financing agreement with Ghana-owned mining firm Heath Goldfields to support the restart of operations at the Bogoso Prestea gold mine in western Ghana. Under the agreement, Trafigura will purchase approximately 700,000 ounces of gold doré produced at the Bogoso–Prestea processing facility. Deliveries are expected to begin later this year as production ramps up. In addition to the offtake arrangement, Trafigura is providing… Read More Here
Barrick Mining Shifts Strategy Toward Acquisitions and North American Focus Amid Production Decline 3 Gold Corporate News International 

Barrick Mining Shifts Strategy Toward Acquisitions and North American Focus Amid Production Decline

Constance
Barrick Mining Reverses Expansion Strategy, Targets Acquisitions and North American Assets After 17% Output Drop Barrick Mining (TSX: ABX) (NYSE: B) is shifting its corporate strategy away from high-risk international expansion and back toward acquisitions, marking a significant reversal of its previous decade-long growth approach across Africa and Asia. Chairman John Thornton outlined the strategic pivot in a shareholder letter on Wednesday, his first major public statement since the company replaced former CEO Mark Bristow in September and announced plans to restructure key North American operations. Thornton said the company… Read More Here
Zambia to Establish New Gold Marketing Centres to Formalise Mineral Trade and Boost Transparency 4 Gold Economy Mining in Zambia 

Zambia to Establish New Gold Marketing Centres to Formalise Mineral Trade and Boost Transparency

Constance
Government to Build New Gold Marketing Centres Across Zambia by 2026 to Curb Illegal Mining and Improve Revenue Collection The Government has announced plans to establish new gold marketing centres across the country by the end of 2026 as part of efforts to formalise the mining sector and enhance transparency in mineral trading. Ministry of Mines and Minerals Development Permanent Secretary, Hapenga Kabeta, said the initiative will create structured, regulated platforms where artisanal and small-scale miners can sell gold through official and accountable channels. Dr Kabeta stated that the designated… Read More Here
Bezant Resources Reports Sevenfold Increase in Hope Open-Pit Mineral Resource in Namibia 5 International Copper Gold New Mining Projects 

Bezant Resources Reports Sevenfold Increase in Hope Open-Pit Mineral Resource in Namibia

Constance
Bezant Resources boosts Hope project copper-gold resource sevenfold, extending mine life to 7.5 years Aim-listed Bezant Resources has announced a sevenfold increase in the Hope open-pit mineral resource at its Hope and Gorob copper-gold project in Namibia, raising the resource to over three million tonnes, up from the 2023 estimate of 410,000 tonnes. The update was released on April 8 following a new Mineral Resource Estimate (MRE) prepared by independent consultants Sound Mining. Bezant highlighted that the increase significantly improves the near-term development potential of the mine, reducing the strip… Read More Here
Angola to Launch First Gold Refinery as Part of Economic Diversification Strategy 6 International Economy Gold 

Angola to Launch First Gold Refinery as Part of Economic Diversification Strategy

Constance
Angola opens first gold refinery in 2026 to boost mining value, reduce reliance on oil and diamonds Angola, Africa’s second-largest oil producer, is set to operate its first gold refinery in the first half of 2026, signaling a push to diversify its economy and extract more value from mineral resources. The refinery, located in Viana near Luanda, has a processing capacity of approximately 20 kilograms per day. Construction and equipment installation have been completed, with commissioning and final technical adjustments now underway, according to Paulo Tanganha, Angola’s national director of… Read More Here
DRC Mining Exports Show Upward Trend Amid Rising Copper, Cobalt, and Gold Prices 7 Mining in DRC Cobalt Copper Economy Gold 

DRC Mining Exports Show Upward Trend Amid Rising Copper, Cobalt, and Gold Prices

Constance
Congo’s copper, cobalt, and gold exports rise in 2026, boosting mining sector revenues The Democratic Republic of the Congo is witnessing an upward trend in the international prices of its key mining exports, according to the latest official projections. The National Market Commission of the Ministry of Foreign Trade reported that for the period from April 6 to 11, 2026, several strategic raw materials are expected to record weekly price increases. Copper: Primary export on the rise Copper, the country’s main export, is projected to trade at $12,143.30 per ton,… Read More Here
BRICS Plus Nations Expand Gold Reserves as Central Banks Accelerate Shift Away from Dollar 8 Gold Economy International 

BRICS Plus Nations Expand Gold Reserves as Central Banks Accelerate Shift Away from Dollar

Constance
BRICS Plus gold reserves surpass 6,000 tonnes as central banks boost purchases and dollar share declines Members of the BRICS Plus trade bloc now hold more than 6,000 tonnes (t) of gold, representing about 17.4% of total global central bank reserves, up from 11.2% in 2019, according to a market note by financial services group EBC Financial Group. Russia leads the bloc with 2,336 t of gold reserves, followed closely by China with 2,298 t, while India holds 880 t. Together, Russia and China account for roughly 74% of the… Read More Here
DRC Govt Moves to Strengthen Gold Sector Governance and Combat Smuggling 9 Mining in DRC Gold 

DRC Govt Moves to Strengthen Gold Sector Governance and Combat Smuggling

Constance
Prime Minister Judith Suminwa Launches Reforms to Improve Gold Traceability, Boost Revenue, and Fight Illegal Trade in the Democratic Republic of Congo The Prime Minister of the Democratic Republic of the Congo, Judith Suminwa Tuluka, has reaffirmed the government’s commitment to strengthening the national strategy for monitoring and securing the flow of gold across the country. She made these remarks during the Council of Ministers meeting held on Friday, April 3, 2026. This initiative follows concerns previously raised by the President of the Republic during the 79th Council of Ministers… Read More Here
West African Resources Forecasts Record Gold Production in 2026 Driven by Kiaka and Sanbrado Mines 10 Gold Corporate News International 

West African Resources Forecasts Record Gold Production in 2026 Driven by Kiaka and Sanbrado Mines

Constance
West African Resources to Produce 430,000–490,000 Ounces of Gold in 2026 with Burkina Faso Operations Leading Growth West African Resources is set for a landmark year in 2026, projecting annual gold production of 430,000 to 490,000 ounces, fueled by its operations in Burkina Faso. The increase reflects the first full year of output from the Kiaka mine, the country’s largest, alongside continued strong performance from its founding Sanbrado mine. The company is targeting an all-in sustaining cost (AISC) of under $1,900 per ounce, signaling robust margins despite global gold price… Read More Here

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