Monday , September 28 2026

Gold

Ethiopia’s Segele delivers 16 kg of doré gold

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 …

Read More »

Kefi Gold and Copper Fortifies Board to Harness East African Potential

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 …

Read More »

Gold Now Funds Half of Ethiopia’s Record Export Year

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 …

Read More »

China’s $4 Billion Africa Gold Deal Fires Warning Shot Across Western Mineral Strategy – Updates

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 …

Read More »

Nyanzaga’s Pre-Production Payout with 3,600 Jobs and Counting

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 …

Read More »

Akobo Minerals resume activities after fuel disruptions

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 …

Read More »

Uganda Enters the Gold Market as a Buyer and Changes the Game

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 …

Read More »

Uganda Bets on Local Gold Refinery to Stop the Smuggling Bleed

The Ugandan government is making a determined push to capture more value from its gold sector, with the Bank of Uganda signing a contract with Euro Gold Refinery to supply refined gold under a domestic purchase programme designed to strengthen foreign exchange reserves, curb smuggling and lift the earnings of …

Read More »

The Democratic Republic of Congo has launched its first state-backed gold refinery in an effort to bring order to a sector long plagued by smuggling, conflict financing and informal trade in the country’s mineral-rich east

The Democratic Republic of Congo has launched its first state-backed gold refinery in an effort to bring order to a sector long plagued by smuggling, conflict financing and informal trade in the country’s mineral-rich east. The facility is the product of a joint venture between state-owned DRC Gold Trading SA …

Read More »

Kenya’s Mineral Renaissance: Shifting from Tourism to a $100 Billion Mining Powerhouse

NAIROBI – Kenya is positioning its long-dormant mining sector as the next frontier of national economic growth, moving to capitalize on massive mineral discoveries that experts believe could rival the country’s storied tourism industry. With the recent unearthing of gold and rare earth element (REE) deposits valued in the tens …

Read More »