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Category: Gold

Bezant Resources Reports Sevenfold Increase in Hope Open-Pit Mineral Resource in Namibia 1 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 2 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 3 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 4 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 5 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 6 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
DRC Gold Exports Surpass $2.2 Billion in 2025 as Production Increases 4% 7 Mining in DRC Economy Gold 

DRC Gold Exports Surpass $2.2 Billion in 2025 as Production Increases 4%

Constance
DRC Gold Exports Reach $2.2 Billion in 2025 with Industrial Mining Driving Growth The gold sector remains a cornerstone of the Democratic Republic of Congo’s (DRC) economy, contributing significantly to national revenue. In 2025, total gold exports reached an estimated $2.2 billion, according to consolidated and provisional data from the Technical Unit for Mining Coordination and Planning (CTCPM) and other mining sector authorities. This export value corresponds to more than 28,201 kilograms of gold, highlighting the sector’s continued growth. Overall gold production in 2025 rose to 28,202.89 kilograms, up from… Read More Here
Uganda’s Merchandise Exports Surge 72% Driven by Gold and Coffee 8 Mining in Uganda Economy Gold 

Uganda’s Merchandise Exports Surge 72% Driven by Gold and Coffee

Constance
Uganda Merchandise Exports Jump 72% to $1.45 Billion in January 2026 Amid Gold Boom Uganda experienced a remarkable 72% increase in merchandise exports in its last fiscal year, according to a recent report by the Ministry of Finance. The East African nation’s merchandise export revenue rose from $844.6 million in January 2025 to $1,453.5 million in January 2026. A post on X by the Government Citizen Interaction Centre highlighted that Uganda’s merchandise exports grew to approximately UGX 5.43 trillion ($1.45 billion) in January 2026, up from UGX 5.22 trillion ($1.395… Read More Here
Middle East Tensions Disrupt Zimbabwe’s Gold Exports 9 International Economy Gold 

Middle East Tensions Disrupt Zimbabwe’s Gold Exports

Constance
Zimbabwe Faces Gold Export Challenges as Middle East Conflict Disrupts Shipping Routes Zimbabwe is facing growing challenges in exporting its gold due to ongoing tensions in the Middle East, a situation similar to Ghana’s recent logistical difficulties. The United Arab Emirates (UAE), a key destination for Zimbabwe’s gold shipments, accounted for 45% of the country’s total gold export revenues last year. The regional conflict has disrupted both air and maritime routes. Major shipping lines, including Maersk, have suspended operations through the Strait of Hormuz, forcing vessels to reroute around the… Read More Here
Barrick Slows Reko Diq Development as Security Risks Extend Project Review 10 International Corporate News Gold 

Barrick Slows Reko Diq Development as Security Risks Extend Project Review

Constance
Barrick Delays $5.6 Billion Reko Diq Copper-Gold Project in Pakistan Amid Rising Regional Security Concerns Barrick Mining Corporation (TSX: ABX, NYSE: B) has announced plans to slow development of the Reko Diq copper-gold project in Pakistan’s Balochistan province and extend its project review period, citing heightened regional security risks linked to tensions in the Middle East. The decision, first reported by the Financial Times, introduces additional uncertainty around the timeline for one of the world’s largest undeveloped copper-gold deposits. Barrick’s shares traded slightly lower following the announcement, moving within a… Read More Here

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