Namib Minerals is bringing Redwing Mine back into production ahead of schedule, with the company targeting its first gold pour in November 2026. The accelerated restart follows Zimbabwe’s new rules for foreign-owned operators in the small- and medium-scale gold mining sector.
Caledonia Mining Corporation has signed financing agreements worth up to US$150 million with a consortium of Zimbabwean financial institutions to support construction of its Bilboes gold project.
Kavango Resources has received regulatory approval to operate a 50-tonne-per-day gold processing plant at its Hillside Gold Project in Zimbabwe, completing a key step in its plans to increase production from its local mining operations.
Harmony Gold has generated 70 gigawatt-hours (GWh) of electricity by converting pressure from chilled water travelling through its deep-level gold mines into power, recovering energy that would otherwise go unused.
Guinea has inaugurated its first gold refinery in Conakry as the government moves to require domestic processing of gold produced by artisanal miners and large-scale mining companies.
Gabon has cancelled 52 mining titles following a government audit, with several gold permits among those affected. The decision gives authorities an opportunity to reconsider who can operate the concessions as the country moves to bring more gold production into the formal economy.
Perseus Mining produced 92,551 ounces of gold in the September quarter, down 15.1% from the 109,013 ounces recorded in the previous quarter, as output declined at all three of its operating mines in West Africa.
Gabon has cancelled 52 mining titles after a government audit identified regulatory violations, with several gold permits among those revoked. The decision could open the affected concessions to new operators and give state-owned Société équatoriale des mines (SEM) a greater role in the country’s gold sector.
Ethiopia has opened a $50 million precious metals refinery in Addis Ababa, giving the country new capacity to refine gold locally and attract supplies from neighbouring countries.
RAMINVEST Holding has outlined six priority drill targets at its Wompou gold project in Mauritania after surface sampling returned assays as high as 50.14 grams per tonne gold.
Gold sales fell 33.4% year on year in July 2026 and gold output dropped 7.4%, according to Stats SA, as overall mining production contracted 7.5% and the second-quarter weakness carried into the third quarter.
Theta Gold Mines has made the first drawdown of $37m under its bond facility of up to $90m, releasing construction funding for the TGME gold project near Pilgrim's Rest in Mpumalanga.
Gold fell to about $4,400 an ounce on 8 September 2026 after a strong US jobs report strengthened the case for a hawkish Federal Reserve stance.
Platinum Group Metals Ltd is studying a staged development of the Waterberg JV in Limpopo, with a feasibility study due by November. Implats, which holds just under 15%, says the new thinking is more appealing.
The FTSE/JSE All Share Index closed at 116,687.82 on 3 September 2026 as gold mining equities surged about 38% and PGM producers gained 21.6% during August.
Global gold-backed ETF holdings reached a record 4,189 tonnes in August 2026, with $18bn of inflows for the month, World Gold Council data showed.
Harmony Gold produced 1.43Moz in the year to June 2026, within guidance, and lifted headline earnings per share 87% to 4,363c, with Mponeng and Moab Khotsong generating a 38% free cash flow margin.
Gold Fields reported an 81% rise in H1 2026 attributable profit on 25 August 2026, more than doubling its interim dividend to R16.25 a share and expanding its share buyback programme to $1.25bn.
Gold Fields' South Deep mine produced 151,000oz in the first half of 2026, down 1%, while the group resumed surface exploration drilling and said it expects production at the mine to rise at least 20% over five years.
The rand strengthened to R16.0550 to the dollar on 21 August 2026 as gold tracked a third consecutive weekly advance and the US dollar weakened broadly.
Resolute Mining posted a $162.6m net profit for H1 2026 as record gold prices offset lower group output, with its Senegalese unit paying a $121.3m dividend that included the government's share.
DRDGold produced 155,577oz in FY2026, above guidance, and raised headline earnings 89% to R4.25bn, declaring a final dividend of 120c a share as new infrastructure at Ergo and Far West Gold Recoveries started up.
Toubani Resources has drawn down an initial $25 million under its Kobada project funding package, with construction of the Mali gold mine progressing on multiple fronts.
Zimbabwe's gold deliveries reached 26.05 tonnes in January to July 2026, ahead of 24.31 tonnes a year earlier, with small-scale and artisanal miners supplying 18.4 tonnes.
