Gold - Copperbelt Katanga Mining

Barrick Mining Boosts Dividends and Launches Operational Review Amid Record Free Cash Flow 1

Barrick Mining Reports $1.5B Free Cash Flow, Increases Dividend and Launches Nevada-Pueblo Viejo Operational Review Barrick Mining has used the first quarter following the unexpected resignation of CEO Mark Bristow to announce an operational review and measures to return capital to shareholders, supported by record free cash flow. The company reported $1.5 billion in free cash flow for the three-month period, driven by soaring gold prices that hit all-time highs in US dollars. In response, Barrick increased its base dividend and expanded its share buyback program. “This strong cash flow… Read More Here

Corporate News Gold International

Barrick Gold Posts Record Q3 2025 Earnings and Cash Flow on Higher Production and Strong Prices

November 11, 2025November 11, 2025 Constance

Barrick Gold Reports Record $2.4 Billion Cash Flow and $1.3 Billion Profit in Q3 2025 as Gold Output Rises Barrick Gold Corporation reported record quarterly cash flow and earnings for the third quarter of 2025, fueled by higher gold production, lower operating costs, and robust commodity prices. The world’s second-largest gold miner said operating cash flow surged 82% from the previous quarter to $2.4 billion, while free cash flow jumped 274% to $1.5 billion. Net earnings climbed to $1.3 billion, or $0.76 per share, with adjusted earnings up 23% to… Read More Here

International Corporate News Gold

Newmont Reportedly Exploring Takeover of Barrick’s Nevada Gold Mines

November 7, 2025November 7, 2025 Constance

Newmont Weighs Bid for Barrick’s Nevada Gold Mines in Potential Industry-Shaping Deal Newmont Corporation, the world’s largest gold producer, is reportedly exploring a potential deal to acquire full control of Barrick Gold’s Nevada operations, according to Bloomberg. The move could mark one of the most significant gold-sector transactions in years, potentially reshaping the balance of power within the global mining industry. Why It Matters The Nevada Gold Mines (NGM) complex — the world’s largest gold mining operation is currently a joint venture between Barrick Gold Corporation (which operates and holds… Read More Here

Corporate News Gold International Mining Personality

DRDGOLD Names Henriette Hooijer as New CFO for 2026

November 3, 2025 Constance

DRDGOLD Announces CFO Transition: Riaan Davel to Step Down in 2026, Henriette Hooijer Appointed Successor JSE- and NYSE-listed gold producer DRDGOLD Limited (JSE: DRD) has announced a key leadership transition, confirming that Chief Financial Officer (CFO) and Executive Director Riaan Davel will step down from his roles with effect from 31 January 2026. The company further confirmed that Henriette Hooijer will officially assume the position of CFO from 1 February 2026, marking the next phase in DRDGOLD’s ongoing succession and transformation strategy. Smooth Succession Following Early Planning This announcement follows… Read More Here

Gold Corporate News International

Barrick Mining Denied Request to Expedite Arbitration Case Against Mali

November 2, 2025November 2, 2025 Constance

Barrick Mining’s Urgent Arbitration Request Against Mali Rejected Amid Mining Dispute Barrick Mining’s request to fast-track its international arbitration case against Mali was rejected, according to two sources familiar with the matter who spoke to Reuters on Friday. The West African country’s government had been engaged in tense negotiations with Barrick since 2023 over the implementation of a new mining code that increased taxes and granted the government a larger share of gold mine revenues. Barrick initiated arbitration proceedings with the World Bank’s International Centre for Settlement of Investment Disputes… Read More Here

Gold Economy News in Brief

Gold price rises 2.4% as investors seek safety amid US economic and geopolitical uncertainties

October 26, 2025October 26, 2025 Constance

Gold Surges Amid Market Uncertainty, Cementing Its Safe-Haven Status Gold continues to demonstrate its role as a safe-haven asset during periods of instability. By the end of the second week of October 2025, the price of an ounce of gold reached $3,978.10, marking a weekly gain of 2.4%. Several factors contributed to this rise. Markets are pricing in a potential cut in US interest rates, alongside a weaker US dollar. Investor anxiety is further fueled by ongoing concerns over a possible US government shutdown, a scenario that historically heightens market… Read More Here

Mining in DRC Gold

Rebels Loot $70 Million in Gold from Twangiza Mine in Eastern DRC

October 26, 2025October 26, 2025 Constance

M23 rebels accused of stealing 500 kg of gold from Twangiza Mining’s DRC concession amid ongoing conflict Twangiza Mining has accused M23 rebels occupying its gold concession in eastern Democratic Republic of Congo (DRC) of stealing at least 500 kg of gold bullion—worth an estimated $70 million—since taking control of the site in May 2025. The company also alleged that some of its own employees assisted the rebels in smuggling the gold out of the mine, located in South Kivu province, where M23 has dramatically expanded its territorial control this… Read More Here

International Gold

Kavango Confirms Open-Pit Gold Deposit at Nightshift Prospect in Zimbabwe

October 26, 2025October 26, 2025 Constance

Kavango Resources announces maiden JORC-compliant gold resource at Nightshift prospect, boosting Hillside project potential in Zimbabwe LSE-listed Kavango Resources has confirmed the presence of an open-pit gold deposit at its Nightshift prospect, part of the Hillside gold project in Zimbabwe, following a maiden Joint Ore Reserves Committee (JORC)-compliant mineral resource estimate (MRE) that exceeded expectations. Announcing the results on October 20, the company said the MRE validates its strategy to expand gold production through modern, mechanised mining and processing methods. According to Kavango, the Nightshift deposit is expected to deliver… Read More Here

International Corporate News Gold

Barrick Resumes Gold Production at Mali’s Loulo-Gounkoto Mine After Nine-Month Shutdown

October 26, 2025October 26, 2025 Constance

Barrick’s Loulo-Gounkoto gold mine restarts operations in Mali after government dispute and nine-month halt Barrick Gold Corporation has restarted operations at its Loulo-Gounkoto gold mine in Mali after a shutdown lasting more than nine months, Bloomberg reported, citing sources familiar with the matter. The Loulo-Gounkoto complex, one of Barrick’s most important assets in West Africa, was shut down in January following escalating tensions with Mali’s military-led government. The dispute intensified earlier this year when a Malian court appointed Soumana Makadji, an accountant and former health minister, to manage the mine… Read More Here

Mining in DRC Gold

DRC Calls for “Gold Kimberley Process” to Curb Illicit Mineral Trade in Conflict Zones

October 16, 2025October 16, 2025 Constance

DRC Urges UN to Establish Global “Kimberley Process” for Gold to Stop Funding of Armed Groups Speaking before the United Nations Security Council on Monday, Zénon Mukongo Ngay, Permanent Representative of the Democratic Republic of Congo (DRC) to the UN, called for the creation of a global certification mechanism—similar to the Kimberley Process for diamonds—to regulate the trade of gold and minerals from conflict zones. “My government reiterates its request for the establishment of a mechanism similar to the Kimberley Process to manage gold from conflict zones, in order to… Read More Here