Gold

New gold trading centres are expected to connect artisanal and small-scale miners in Malawi to formal markets, as efforts to curb smuggling, strengthen foreign exchange earnings and retain more value from the country’s mineral resources gather momentum. Mining Minister Thoko Tembo said the Malawi Mining Investment Company (MAMICO) had made …

Even as first ore nears the grinding circuit at its Kurmuk mine in western Ethiopia, TSX listed Allied Gold Corporation is looking past opening day. With first gold expected shortly after commissioning, the company says its focus is already on extending mine life and finding richer ore zones within a …

Scandinavia-based gold producer Akobo Minerals has delivered its strongest operational performance since underground mining commenced at its flaghip Segele asset in southwestern Ethiopia, posting record gold output, surging core earnings, and accelerated debt reduction. For the second quarter ended June 30, gold production reached a record 37 kg (approximately 1,190 …

In the modern landscape of resource development, cultivating a resilient corporate infrastructure is much like preparing the soil for a bumper harvest it requires patience, calculated strategy, and the right expertise at the helm. Aim-listed Kefi Gold and Copper, which is actively driving mine development projects across Ethiopia and Saudi …

Akobo Minerals (Akobo), the Scandinavian-based gold producer operating the Segele underground gold mine in Ethiopia, one of the world’s highest-grade underground gold mines, delivered approximately 16 kg of doré gold at an average grade of 26 g/t in August. The development made the company’s second-best production month to date. Cumulative …

Ethiopia closed its 2025/26 fiscal year with record export earnings above $11 billion, comfortably beating the government’s $9.8 billion target and up sharply from $8.3 billion the year before. The headline number masks a structural problem officials have been trying to fix for years: gold and coffee alone generated $8.6 …

Beijing’s latest multi-billion-dollar takeover in Africa is serving as a stark wake-up call for Western nations racing to secure the continent’s resource wealth. The proposed C$5.5 billion ($4.01 billion) acquisition of Canada’s Allied Gold Corp. by China’s Zijin Gold International Co. underscores how Chinese capital is rapidly expanding beyond traditional …

Perseus Mining’s Nyanzaga Gold Project hasn’t produced a single ounce of commercial gold yet but it has already injected 457.7bn/- into Tanzania’s economy, a pre-production dividend that underscores how much value a modern mining project can generate before the pour even starts. The Sengerema-based project in Mwanza Region, operated by …

Scandinavian-based gold producer operating in Ethiopia, Akobo Minerals says following the fuel supply disruptions that temporarily impacted operations during April, key activities progressively resumed during May as diesel availability improved. According to the company’s operational update, the development enabled a phased restart of mining, processing and development activities. The company …

The Bank of Uganda has launched a three year pilot programme to purchase gold directly from local miners, marking a significant policy shift that brings the central bank into the domestic gold market for the first time and signals a deliberate effort to strengthen Uganda’s foreign exchange reserves whilst formalising …