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Barrick Safely Evacuates Workers Stranded at Chilean Mining Camp After Severe Storms 23 International Corporate News Gold 

Barrick Safely Evacuates Workers Stranded at Chilean Mining Camp After Severe Storms

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Barrick Safely Evacuates Workers Stranded by Severe Storms in Chile Barrick Mining Corp. has safely evacuated workers who were stranded at its Barriales camp in northern Chile after severe storms blocked road access and disrupted transport routes. The company said all evacuated workers were in good health following rescue operations that began on Friday and resumed early Saturday after weather conditions improved enough to allow helicopter flights. Chile’s Economy and Mining Minister Daniel Mas also confirmed the safe evacuation of the workers in a post on X. Barrick said it… Read More Here
DRC Calls for Stronger Natural Resource Governance to Prevent Conflict 24 Mining in DRC 

DRC Calls for Stronger Natural Resource Governance to Prevent Conflict

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DRC Calls for Stronger Natural Resource Governance to End Conflict and Illegal Mining For the DRC, the issue is particularly significant given the country’s vast natural resource endowment.  The country possesses substantial mineral deposits, major hydroelectric potential, extensive arable land and exceptional biodiversity, including the Congo Basin, one of the world’s major carbon sinks. However, Kayikwamba Wagner said the country’s resource wealth has not always translated into broad-based benefits for its population. “In the east of my country, lasting peace remains inseparable from the fight against the illegal exploitation of… Read More Here
Zimbabwe Set to Add 1,365MW of New Power Capacity by Year-End 49 International Electricity Energy 

Zimbabwe Set to Add 1,365MW of New Power Capacity by Year-End

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Zimbabwe Targets 1,365MW Power Capacity Expansion by December to Strengthen Energy Supply Zimbabwe is expected to add 1,365MW of new electricity generation capacity by December as the government intensifies efforts to strengthen energy security and address persistent power shortages. The Zimbabwe Electricity Supply Authority (ZESA) says 635MW of generation projects are currently under construction, while an additional 730MW is planned, subject to financing. The combined capacity is expected to significantly improve the country’s electricity supply and support growing demand from industry and households. The expansion forms part of Zimbabwe’s broader… Read More Here
DRC and Cameroon Lose Billions in Gold Revenues Amid Smuggling and Weak Traceability 50 Mining in DRC Gold 

DRC and Cameroon Lose Billions in Gold Revenues Amid Smuggling and Weak Traceability

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Gold Smuggling and Weak Controls Undermine Revenue Collection in DRC and Cameroon’s Mining Sectors Despite reforms aimed at improving governance in the extractive sector, the Democratic Republic of Congo (DRC) and Cameroon continue to lose significant revenues from gold production due to smuggling, informal trade networks and persistent challenges in tracing artisanal gold supplies. A report by the Institute for Security Studies (ISS) highlights the weaknesses in the two countries’ gold governance systems, pointing to major gaps between official production figures and the volumes of gold entering international markets. Large… Read More Here
DRC Exploits Only 4.5% of Hydrocarbon Potential Despite Vast Oil and Gas Reserves 51 Mining in DRC Oil & Gas Petroleum 

DRC Exploits Only 4.5% of Hydrocarbon Potential Despite Vast Oil and Gas Reserves

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DRC’s 22 Billion-Barrel Oil Potential Remains Largely Untapped as Government Pushes Hydrocarbon Development The Democratic Republic of Congo (DRC) is currently exploiting only a small fraction of its vast hydrocarbon potential, despite estimated reserves of 22 billion barrels of oil and 66 billion cubic metres of gas across its major sedimentary basins. According to Joseph Twite Maloba, President of the Professional Committee of Petroleum Companies of the Federation of Enterprises of Congo (FEC South) and Vice-President of the National Hydrocarbons Commission of the FEC, the country is using only about… Read More Here
DRC President Urges New ARSP Chief to Enforce Subcontracting Law and Strengthen Local Content 52 Mining in DRC Governance 

DRC President Urges New ARSP Chief to Enforce Subcontracting Law and Strengthen Local Content

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Félix Tshisekedi Calls for Strict Enforcement of DRC Subcontracting Rules Under New ARSP Leadership The newly appointed Director General of the Regulatory Authority for Subcontracting in the Private Sector (ARSP), Ted Beleshayi Kasanda, has been instructed by President Félix Antoine Tshisekedi Tshilombo to ensure strict enforcement of the country’s subcontracting regulations and promote greater participation of Congolese businesses in the private sector. Kasanda received his first official audience with the Head of State on 23 July 2026 at African Union City, where discussions focused on strengthening the implementation of the… Read More Here
DRC Ministry of Mines Advances Administrative Reforms to Strengthen Sector Governance 53 Mining in DRC Governance 

DRC Ministry of Mines Advances Administrative Reforms to Strengthen Sector Governance

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DRC Ministry of Mines Pushes Human Capital Reform to Improve Mining Sector Efficiency The Democratic Republic of Congo’s Ministry of Mines has reaffirmed its commitment to strengthening the country’s mining administration through an ongoing personnel reform programme aimed at improving efficiency, accountability and governance across the sector. Speaking at the closing ceremony of the Mining Administration Staff Development Commission in Kinshasa on 23 July 2026, Professor Dr. Michel Kaswa, Chief of Staff to the Minister of Mines, Louis Watum Kabamba, said a strong and well-organised public administration is essential to… Read More Here
DRC's SAEMAPE Urges Mining Reforms and Cooperative Support After Major Copper Discovery in Greater Kasai 54 Mining in DRC Artisanal mining Copper 

DRC’s SAEMAPE Urges Mining Reforms and Cooperative Support After Major Copper Discovery in Greater Kasai

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SAEMAPE Calls for Formalisation of Artisanal Mining Following Major Copper Discovery in Greater Kasai The Director General of the Service for Assistance and Support of Artisanal and Small-Scale Mining (SAEMAPE), Jean-Paul Kapongo Kadiobo, has called for the formalisation of artisanal mining following the discovery of a significant high-grade copper deposit in Katende, Kasai-Oriental Province. Kapongo urged provincial authorities to replicate the one-stop shop model used in Lualaba and Haut-Katanga to simplify administrative procedures, strengthen oversight and support the formation of mining cooperatives. He noted that the Mining Code no longer… Read More Here
Mali Forecasts Lower Gold Production Through 2029 Amid Mining Sector Reforms 55 International Gold 

Mali Forecasts Lower Gold Production Through 2029 Amid Mining Sector Reforms

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Mali Expects Gold Production to Stay Below 60 Tonnes Annually Through 2029 as Mining Reforms Reshape Sector Mali’s industrial gold production is projected to remain below 60 metric tonnes per year through 2029, according to the Ministry of Mines’ 2026–2029 strategic plan, reflecting the continued impact of sweeping mining reforms and regulatory changes introduced in recent years. The West African nation, one of Africa’s leading gold producers, has strengthened state oversight of the mining industry following the adoption of a new mining code in 2023. The reforms are aimed at… Read More Here

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