Gold - Copperbelt Katanga Mining

Ethiopia Secures $340 Million Financing to Launch Landmark Tulu Kapi Gold Mine

January 2, 2026January 2, 2026 Constance

Ethiopia Mining Sector: $340 Million Secured to Develop Tulu Kapi, the Country’s Largest Modern Gold Project Ethiopia has taken a decisive step toward transforming itself from a marginal gold producer into a significant player in Africa’s mining industry after securing approximately $340 million in financing to develop the long-delayed Tulu Kapi gold project, the country’s largest modern mining venture. The financing milestone clears the way for construction to begin on one of Ethiopia’s most important gold mines. The funding package comprises around $240 million in long-term debt from African development… Read More Here

Mining in DRC Economy Gold

Gold Prices Rise as DRC Mineral Exports Show Mixed Market Trends

December 25, 2025December 25, 2025 Constance

DRC Gold Prices Climb to USD 139 per Gram Amid Volatile Global Mineral Markets International markets for mineral products exported by the Democratic Republic of Congo showed mixed performance during the penultimate week of December 2025, with gold emerging as a standout performer amid global economic uncertainty. According to the National Market Commission of the Ministry of Foreign Trade, gold continues to benefit from sustained investor demand as a safe-haven asset in an environment marked by geopolitical tensions, financial market volatility, and persistent macroeconomic risks. During the week under review,… Read More Here

Mining in Zambia Gold New Mining Projects

ZCCM-IH Signs MoU to Develop Gold Mining Project in North-Western Zambia

December 24, 2025December 24, 2025 Constance

ZCCM-IH Partners Ministry of Mines and MMR on Gold Exploration and Mining Project in Zambia ZCCM Investments Holdings Plc (ZCCM-IH) has signed a Memorandum of Understanding (MoU) with the Ministry of Mines and Mineral Development (MoMMD) and Mining Mineral Resources SAS (MMR) to collaborate on the development of a gold exploration and mining project in the Kikonge area of Mufumbwe District, North-Western Province. In a transaction announcement approved by the Lusaka Securities Exchange (LuSE) and the Securities and Exchange Commission of Zambia (SEC), ZCCM-IH said the partnership will focus on… Read More Here

Gold International Uranium

Gold and Uranium Revenues Surpass Diamonds in Namibia for the First Time

December 17, 2025December 17, 2025 Constance

Non-Diamond Minerals Overtake Diamonds as Namibia’s Top Mining Revenue Source Namibia’s mining revenue landscape has undergone a significant shift, with income from non-diamond minerals surpassing diamond revenues for the first time, according to the Chamber of Mines of Namibia. Strong gold prices and increased uranium production have helped offset the impact of persistently weak diamond prices. Diamonds have historically been a cornerstone of Namibia’s public finances, accounting for roughly 30% of total export earnings. However, the natural diamond sector has been under pressure since mid-2022, largely due to falling prices… Read More Here

Gold Corporate News International

Mali Restores Loulo-Gounkoto Mine to Barrick Mining After Settlement

December 17, 2025December 17, 2025 Constance

Mali Returns Loulo-Gounkoto Gold Mine to Barrick Mining, Orders Restitution of Three Tons of Gold Mali has restored operational control of the Loulo-Gounkoto gold mine to Barrick Mining and ordered the return of three tons of gold to the company, following the resolution of a dispute that lasted nearly two years. According to Barrick’s legal representative, the restitution process has already been authorized. The physical return of the gold and the formal handover of the mine will be completed once the remaining legal procedures are officially concluded. The gold, which… Read More Here

International Corporate News Gold

Mali Orders Return of $400 Million Gold Seized From Barrick as Mining Dispute Eases

December 15, 2025December 15, 2025 Constance

Malian Court Orders Return of Seized Gold to Barrick, Signaling Thaw in Mining Dispute A Malian court has ordered the return of three metric tons of gold, valued at approximately $400 million, that were seized nearly a year ago from Barrick Gold’s Loulo-Gounkoto mining complex, according to Reuters. The ruling comes amid efforts by Mali’s military-led government, headed by General Assimi Goïta, to stabilize the country’s economy and project a more investor-friendly image as it pursues a proposed five-year presidential mandate against a backdrop of prolonged political instability. The bullion,… Read More Here

Mining in Zambia Gold New Mining Projects

Zambia Formalises Gold Mining in Kikonge Through Strategic Public–Private Partnership

December 14, 2025December 14, 2025 Constance

Zambia Signs MoU to Formalise Gold Mining in Kikonge, Boost National Revenue and Debt Servicing The Ministry of Mines and Minerals Development has signed a Memorandum of Understanding (MoU) with ZCCM Investment Holdings PLC and Mining Mineral Resources-SAS to formalise and regulate mining activities in Kikonge, located in Zambia’s North-Western Province. Mines and Minerals Development Minister Paul Kabuswe said the agreement is a critical step toward ensuring that Zambia derives maximum value from its mineral resources. He noted that improved governance and formalisation of gold mining will enhance national revenue… Read More Here

International Corporate News Gold

Barrick Completes Sale of Tongon Gold Mine as Portfolio Optimization Accelerates

December 4, 2025December 4, 2025 Constance

Barrick Mining Sells Tongon Gold Mine to Atlantic Group in Deal Worth Up to $305 Million Gold miner Barrick Mining has finalized the sale of its interests in the Tongon gold mine and associated exploration properties in Côte d’Ivoire to the Atlantic Group, in a transaction valued at up to $305 million. The company announced on Tuesday that the consideration includes $192 million in cash, which incorporates a $23 million shareholder loan repayment due within six months of closing. An additional $113 million in contingent payments may be made over… Read More Here

International Corporate News Gold

Barrick Considers IPO of North American Gold Assets Amid Rising Costs and Investor Pressure

December 3, 2025December 3, 2025 Constance

Barrick Mining Weighs IPO of North American Gold Assets as Operational Challenges Mount Barrick Mining (TSX: ABX; NYSE: GOLD) is considering an initial public offering (IPO) of its North American gold assets as the company confronts rising costs and a series of operational setbacks. In a statement, the board said it has unanimously authorized management to explore the creation and listing of a new subsidiary that would house key North American operations. Barrick would retain control of the proposed company, while listing only a small minority interest. The unit would… Read More Here

International Gold

Angola’s First Gold Refinery Nears Completion, Testing Phase Set for December

December 1, 2025December 1, 2025 Constance

Endiama Confirms December Testing for Angola’s First Gold Refinery Endiama has announced that Angola’s first gold refinery—currently under construction in the Viana Industrial Park—is expected to begin its testing phase in the second half of December. The projection was shared this Thursday during a site visit by the company’s Chairman of the Board of Directors (PCA). According to an official statement accessed by VerAngola, the visit confirmed that the project is in its final stage of construction. The main building structure is already complete, and teams are now installing the… Read More Here