Africa Mining Hall of Fame

01/05/2026

01/05/2026

Uganda 🇺🇬 exported about $6.4 billion worth of gold, making it the country’s top export and surpassing coffee as the main source of foreign exchange. Total merchandise exports reached $1.45 billion, driven mainly by strong gold shipments. A large share of the gold is imported, refined locall...

01/05/2026

The Democratic Republic of Congo has signed a gold supply agreement with UAE-based Paradigm Holdings to strengthen export routes via Dubai.

The deal highlights the UAE’s growing role as a global hub for bullion trading and refining, linking African producers to international markets.

Paradigm is expanding its footprint with refinery projects across Africa, aiming to build an integrated supply chain.

The partnership reflects a broader shift in commodity markets toward vertically integrated models and regional value addition.

26/04/2026

MINING LEASES REVOKED: ADAMUS RESOURCES LIMITED The Minister for Lands and Natural Resources has officially directed the revocation of the Akango, Salman, and Nkroful mining leases held by Adamus Resources Limited. Following a comprehensive investigation by the Minerals Commission, the company was f...

26/04/2026

Zimbabwe’s beneficiation agenda is bold, but it may be standing on a fragile foundation.

As the country pushes to process minerals locally, a critical issue is emerging: the mining supply chain is not ready. From overpriced equipment to shortages of basic consumables, miners are increasingly relying on imports to keep operations running.

Without a strong local manufacturing and supply ecosystem, beneficiation risks becoming import-dependent rather than truly industrial.

This piece breaks down the real bottleneck—and what needs to change.

Full story link in comments>>>

26/04/2026

Burkina Faso🇧🇫 plans to raise its stake in the Kiaka gold mine from 15% to 40% through a decree, reshaping ownership. The project is expected to produce up to 280,000 ounces annually, supporting West African Resources’ 2026 target. The move reflects growing resource nationalism across Africa, despite investor uncertainty.

26/04/2026

The 830-kilometer railway will cost as much as $5 billion, with construction set to start this year and completion slated for 2030.

26/04/2026

Malawi🇲🇼 has sold gold from its international reserves and requested a $120 million loan from the Afreximbank to fund fuel imports, according to Nation Publications Media Group, as foreign exchange shortages continue to strain the economy.

26/04/2026

Africa’s central bank reserves rose to $530 billion in 2025, driven largely by higher gold prices and increased accumulation of the precious metal.

This was disclosed in the Africa Finance Corporation’s (AFC) latest “State of Africa’s Infrastructure Report”.

The development reflects a broader shift in reserve management strategies across the continent amid global economic uncertainty.

The report highlights how rising commodity prices and policy adjustments are reshaping Africa’s external asset position.

Visit www.nairametrics.com to read more.

26/04/2026

is at the center of a global race for critical minerals driving the energy transition and revolution, with rising demand for lithium, cobalt and rare earths.

The ’s African Green Minerals Strategy seeks to shift the continent from raw exports to value addition and local processing.

However, still captures limited value, with most minerals exported unprocessed and profits leaving the continent.

👉 Read more for full analysis and deeper insights: https://pulseofafrica.info/news/3077

26/04/2026

Gagan Gupta’s family office, Eagle Eye Asset Holdings, has agreed to fund a second gold mine in Mali, boosting its presence in West Africa’s mining sector.

Eagle Eye will invest $120 million in Cora Gold’s Sanankoro project, complementing prior investment in a nearby Toubani Resources project.

The investment comes despite Mali’s ongoing disputes with foreign miners over taxes and ownership, though some operators have reached settlements.

Under the new agreement, Eagle Eye can purchase about 30% of Sanankoro’s future gold at 20% of the spot price via a streaming deal.