Tshiamiso Trust passes R2.5bn in silicosis payouts to former miners
The Tshiamiso Trust said on 9 February 2026 it had disbursed R2.5 billion to former gold miners with silicosis and tuberculosis, reaching the halfway point of its 12-year mandate.
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MMG breaks ground on $900m Khoemacau copper expansion in Botswana
MMG has broken ground on a $900 million expansion of its Khoemacau copper mine in Botswana, aiming to lift annual output to 130,000 tonnes of copper.
Mali creates Sopamim to centralise its stakes in mining companies
Mali's council of ministers has approved a new wholly state-owned company, Sopamim, to acquire and manage the government's shareholdings in mining companies.
De Beers slashes 2026 output guidance as Anglo weighs fresh writedown
De Beers cut its 2026 production guidance to 21m-26m carats from 26m-29m carats, after 2025 output fell to 21.66m carats amid extended mine maintenance and weak prices.
Gareth Penny's consortium is the right fit for De Beers, says Botswana Diamonds boss
Botswana Diamonds managing director James Campbell says the Gareth Penny-led consortium is the only bidder with the industry knowledge and government relationships needed to revive De Beers.
China's Baowu takes majority control of Simandou's northern mining blocks
China Baowu Steel Group completed an increase of its stake in the operator of Simandou's Blocks 1 and 2 to 51% on 30 January 2026, taking formal control weeks after the first iron ore shipments left Guinea for China.
Silver joins the rally, setting its own record above $121
Silver set a fresh all-time high near $121.67 an ounce on 26 January 2026, riding the same safe-haven and industrial-demand wave that carried gold above $5,000.
Gold breaks $5,000 an ounce for the first time
Spot gold broke through $5,000 an ounce for the first time on 26 January 2026, extending a rally driven by safe-haven demand and central bank buying.
Ghana's Parliament commends Newmont's Ahafo South environmental record
A Ghanaian parliamentary committee has praised Newmont's Ahafo South mine for its reclamation and water-management practices, noting the mine has paid over $2bn in taxes and royalties since 2006.
Goldman Sachs lifts 2026 gold target to $5,400 an ounce
Goldman Sachs raised its December 2026 gold price forecast to $5,400 an ounce from $4,900 in a note dated 21 January 2026, days before gold hit an all-time high.
Mali's industrial gold output falls 22.9% in 2025 on Barrick standoff
Mali's industrial gold production fell 22.9% in 2025, provisional government figures show, as the prolonged suspension of Barrick's Loulo-Gounkoto complex outweighed a $1.2bn windfall from a mining-arrears audit.
Caledonia earmarks $132m for Bilboes as Zimbabwe drops royalty hike
Caledonia Mining plans to spend $132m in 2026 to begin developing its Bilboes gold project, part of a $162.5m capex budget, after Zimbabwe reversed plans to double the gold royalty.
Congo sends first copper shipment to US market via Mercuria
The DRC dispatched its first copper shipment to the US under a Gécamines-Mercuria arrangement, marketing metal from the state miner's stake in CMOC's Tenke Fungurume operation.
G7 ban on Russian diamonds enters final phase as traceability rules bite
The final phase of G7 sanctions on Russian diamonds took effect on 1 January 2026, requiring a due diligence statement of origin for polished stones entering G7 markets.
Four countries agree to extend the Nacala railway 2,400km to the DRC
Mozambique, Malawi, Zambia and the DRC have signed a declaration to extend the Nacala railway corridor by about 2,400km, linking Chipata in Zambia to the DRC and onward to the Port of Nacala.
Kodal Minerals banks $21.3m as Mali's Bougouni lithium mine ships maiden cargo
Kodal Minerals received a $21.3m payment from Hainan Mining in December 2025 after Bougouni's maiden 28,950-tonne spodumene shipment departed Cote d'Ivoire's San Pedro port for China on 30 November 2025.
Ivanhoe warns 2026 Kamoa-Kakula output will lag 2024 levels
Ivanhoe Mines said 2026 copper output at Kamoa-Kakula would fall short of 2024's record, even as dewatering of the flooded Kakula mine passed the halfway mark.
Report finds Jagersfontein dam owner knew of cracks years before collapse
An investigation into the 2022 Jagersfontein tailings dam collapse found the owner may have known of structural weaknesses since 2019 yet kept raising the wall and depositing more waste.
Guinea ships first iron ore from the giant Simandou project
The Simandou project in Guinea shipped its first iron ore cargo in December 2025, opening one of the world's largest untapped iron ore deposits after more than 20 years of delays.
FG Gold closes $330m financing for Sierra Leone's first large-scale gold mine
FG Gold, the Africa Finance Corporation and Afreximbank achieved financial close on a $330m senior debt package for the Baomahun gold project on 1 December 2025, paving the way for Sierra Leone's first large-scale commercial gold mine.
Barrick pays Mali about $430m to end Loulo-Gounkoto dispute and regain control
Barrick Mining reached a settlement with Mali in November 2025, paying roughly $430m to end an arbitration dispute and regain operational control of the Loulo-Gounkoto gold complex, which it lost earlier in the standoff.
Parliament briefed on new mining licensing system as delays persist
South Africa's Portfolio Committee on Mineral and Petroleum Resources received a briefing on the implementation of the new mining licensing system, formally tracking a project that has already slipped several deadlines.
Barrick and Mali settle $430m dispute over Loulo-Gounkoto
Barrick Mining has agreed to pay Mali $430m to end a two-year row over the Loulo-Gounkoto gold complex, with Bamako dropping criminal charges and freeing detained staff.
Barrick and Mali agree deal to end Loulo-Gounkoto dispute
Barrick and Mali's government have reached a settlement ending their two-year dispute over the Loulo-Gounkoto gold complex, restoring the miner's operational control and dropping the arbitration case.