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Zambia Kwacha gains 15% as mining forex inflows surge

The Bank of Zambia (BoZ) says strong foreign exchange inflows from the mining sector helped the kwacha appreciate by nearly 15 per cent against the United States dollar in the first quarter of 2026. BoZ Governor Denny Kalyalya said the local currency appreciated by 14.8 per cent against the dollar due to increased inflows from …

Ghana Gold Board acquires 121kg gold output from Damang Mines

The Ghana Gold Board (GoldBod) has deepened its gold reserve accumulation efforts with the purchase of 121 kilograms of gold from Damang Gold Mines Limited. The transaction, which took place at the GoldBod Assay Centre at the Accra International Airport, marks the second batch of gold output sold by the mining company to the Board …

Ghana’s mineral royalties rise 40% to over GH₵2bn in Q1

Ghana’s mineral royalty receipts recorded a significant increase in the first quarter of 2026, with total inflows rising to more than GH₵2 billion, according to new data. The latest data reflects continued resilience in the country’s mining sector, largely driven by strong performance in the large-scale and mid-tier gold mining segments. The Q1 performance also …