Gold sales jump 126% as mineral sales hit R86.1bn in June
South Africa's mineral sales rose 27% year-on-year to R86.1bn in June 2026, Stats SA data published on 14 August showed, with gold sales up almost 126%.
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AngloGold Ashanti shares surge 26% in the week after H1 results
AngloGold Ashanti's share price rose 26% in the week following its H1 2026 results, reaching about $121, as EBITDA surged 82% to $4.265bn on high gold prices.
China's central bank buys gold for a 21st straight month
The People's Bank of China added 20 tonnes of gold to reserves in July 2026, its largest monthly addition since late 2023, World Gold Council data published on 14 August showed.
Gold sales more than double in June, lifting South African mineral sales 27%
South Africa's gold sales rose 125.7% year on year to about R20.7bn in June 2026, according to Stats SA, making gold the largest contributor to a 27.2% increase in total mineral sales.
Osino's Twin Hills gold mine takes shape as Namibia awaits first pour
Construction of Osino Resources' Twin Hills gold mine in central Namibia is well advanced, with the company's country director targeting a first gold pour around August 2027.
Caledonia profit rises 27% as it lines up $150m interim loan for Bilboes
Caledonia Mining's Q2 2026 profit after tax rose 27% to $30m on a 34% higher realised gold price, while the company advanced a $150m interim facility and a $300m project loan for Bilboes.
Fortuna Mining pays $200m for Barrick and IAMGOLD's Senegal gold ground
Fortuna Mining agreed on 10 August 2026 to pay $200m to acquire the Bambadji gold exploration project in Senegal from Barrick and IAMGOLD, extending its land position next to its own Diamba Sud discovery.
Mali grants B2Gold the Menankoto permit, unlocking Fekola Regional
Mali has issued the Menankoto exploitation permit for B2Gold's Fekola Regional project, clearing the way for ore trucking to the Fekola mill and extending the complex's life into the late 2030s.
AngloGold Ashanti to resume Egypt exploration after March suspension
AngloGold Ashanti plans to resume exploration at its Nugrus and Najd blocks in Egypt's Eastern Desert in the third quarter of 2026, after halting work in March following an undisclosed incident.
Gold touches a two-month high near $4,450 on renewed rate-cut bets
Gold rallied to a two-month peak near $4,450 an ounce in early August 2026, its largest weekly gain since January, as traders reduced bets on a September Fed rate increase.
Zijin-Allied Gold takeover collapses, replaced by $295m stake purchase
Zijin Gold International's agreed takeover of Allied Gold lapsed before its 29 July 2026 deadline, and the two companies instead struck a smaller deal in which Zijin bought a 9.2% stake in Allied for about $295m.
Gold demand proves resilient even as Q2 price momentum cools
World Gold Council data published on 30 July 2026 showed central banks bought 289 tonnes of gold in the second quarter, the strongest Q2 on record, even as ETF investment fell.
Endeavour Mining books record first-half cash flow as Mana falls short
Endeavour Mining produced 564koz of gold in the first half of 2026 at an AISC of $1,871/oz, converting a $4,579/oz realised price into record free cash flow of $761m while its Mana mine in Burkina Faso lagged guidance.
Fortuna approves $109m expansion to lift Séguéla above 200,000oz a year
Fortuna Mining has approved a $109m project to raise throughput at its Séguéla gold mine in Côte d'Ivoire by 30% to 2.3Mtpa, targeting more than 200,000oz a year over the next decade.
Perseus advances construction of Tanzania's first new gold mine in 17 years
Perseus Mining says construction of its self-funded Nyanzaga gold project in Tanzania is progressing well, with first gold still targeted for the first quarter of 2027.
Ahafo North ramp-up offsets Ahafo South's planned decline in Newmont's second quarter
Newmont's second-quarter results show Ahafo North gold output climbing to 68,000oz while Ahafo South production nearly halved to 100,000oz as mining moved to lower-grade ore.
Blanket mine output rebounds 18% in second quarter as Caledonia adds a seventh shift
Caledonia Mining said its Blanket mine in Zimbabwe produced 17,360oz of gold in Q2 2026, up 18% on the first quarter, with grades rising further in July.
Burkina Faso hands state miner a wholly-owned gold mine at Bouboulou
Burkina Faso has awarded an industrial mining permit for the Bouboulou gold project to a subsidiary of state miner SOPAMIB, with no private operator involved.
Kiniero runs well above nameplate as Guinea's newest gold mine ramps up
The Kiniero gold mine in Guinea produced 54,252oz in the second quarter of 2026, up about 38% on the first, as throughput ran at roughly 9Mtpa against a 6Mtpa nameplate.
Weak rand and mining stocks drag JSE All Share lower despite bullish gold
The FTSE/JSE All Share Index fell on 8 July 2026 as a weaker rand and softer mining stocks outweighed a still-bullish gold price.
Aya Gold & Silver posts record quarter as Zgounder output jumps 43%
Aya Gold & Silver's Zgounder mine in Morocco produced 1.5-million ounces of silver in the second quarter of 2026, up 43% year on year, helping lift group revenue 151% to $96.8m.
West African Resources' Kiaka mine produces 4.15 tonnes of gold in first half
West African Resources' Kiaka gold mine produced 133,274 ounces in the first half of 2026, keeping the company on track for annual guidance as Burkina Faso's government increases its equity stake.
Mali sets up state gold agency OMASP to plug leaky export chain
Mali's transitional parliament has approved a law creating a new state agency, OMASP, to regulate and secure the sale of gold and other precious minerals amid huge estimated smuggling losses.
Gold's slump hands South African miners their toughest quarter since 2022
Gold's steepest monthly fall since 2008 in June 2026 cut nearly 25% off the JSE's precious metals and mining index in the second quarter, with AngloGold Ashanti, Gold Fields and Sibanye-Stillwater all sharply lower.