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.
Kobaloni Energy is developing a 6,000-tonne-a-year cobalt sulphate refinery in Zambia aimed at European battery makers, positioning it as Africa's first large-scale plant of its kind.
South Africa's mineral resources department has granted Southern Palladium a 30-year mining right for the Bengwenyama PGM project, next to the Modikwa mine, clearing the way for early works.
Barrick's Lumwana mine earned $852m in revenue in the first half of 2026, up from $645m, and the company said its $2bn Super Pit expansion remains on time and on budget.
The API4 Richards Bay thermal coal price stood at $105.75 a tonne on 7 August 2026, far below the roughly $400 a tonne peak reached during the 2022 energy crisis.
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.
Deep Yellow spent A$61.4m during the year to June 2026 advancing its Tumas uranium project in Namibia, keeping it construction-ready while it waits for uranium prices to justify a final investment decision.
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.
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.
President Hakainde Hichilema announced in July 2026 that Zambia has discovered further copper deposits near Mumbwa's Kitumba mine, promising a new mine and jobs for the district.
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.
Perseus Mining produced 109,013oz in the June quarter and 404,998oz for FY2026, generating a record $769m of notional cash flow as stoping began at the CMA underground mine at Yaouré in Côte d'Ivoire.
South Africa's energy regulator has approved a two-year discounted Eskom tariff for Manganese Metal Company, whose Mpumalanga plant relies on electricity for around 41% of production costs.
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.
African Pioneer signed a definitive financing and technical services agreement with Hong Kong's Xinhai Mining Services on 30 July 2026, under which Xinhai funds development of its Ongombo and Ongeama copper projects in Namibia via a secured loan.
Valterra Platinum is recovering most of its current Zimbabwean export proceeds through tax offsets and central bank payments, but there is still no solution for about $100m owed from previous years.
Premier African Minerals has postponed restarting its Zulu lithium plant in Zimbabwe until it agrees a long stop date extension with offtake partner Canmax, and raised about £550,000 to fund operations.
First Quantum's Sentinel mine produced 50,335t of copper in the second quarter, up 5,083t, while Kansanshi slipped on planned maintenance; both kept 2026 guidance unchanged.
Bannerman Energy says bulk earthworks at its Etango uranium project in Namibia are 92% complete, with over 560 people on site, as it heads toward a final investment decision once financing with a Chinese partner closes.
Australia's Sundance Resources has won an International Chamber of Commerce arbitration against Cameroon worth about $616m in damages, interest and costs over the Mbalam iron ore deposit.
A wave of sustainability-linked mining bonds was in development across Zambia and the DRC as of 24 July 2026, aiming to raise over $100m per deal to formalise artisanal miners and fund shared infrastructure alongside industrial projects.
African Rainbow Minerals will spend R15.2bn over seven years redeveloping Bokoni in Limpopo, which it placed on care and maintenance in 2025, and will restart the Nkomati nickel mine for R753m.
Guinea shipped a record 114.8-million tonnes of bauxite in the first half of 2026, up 15% year on year, as robust Chinese demand offset rising fuel and freight costs across the world's top bauxite exporter.
Eskom CEO Dan Marokane has warned against locking South Africa into hard deadlines for closing coal-fired power stations, saying rigid targets could trigger a new supply crisis.
