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Five illegal miners trapped at Matala Gold Mine in Zambia

Five small-scale miners remain trapped at the Matala Gold Mine in Zambia’s Mumbwa District, five days after the underground incident occurred, according to the Ministry. Rescue operations are ongoing as emergency teams continue efforts to reach the miners at the site. In a statement, the Ministry said its thoughts are with the affected families as …

MIIF delegation visits Newmont Ahafo North Mine

The Chief Executive Officer of the Minerals Income Investment Fund (MIIF), Mrs Justina Nelson, has led a high-powered delegation from the Fund to pay a working visit to Newmont Corporation’s Ahafo North Mine in the Ahafo Region. The visit on May 4, 2026 formed part of MIIF’s stakeholder engagement programme and efforts to strengthen ties …

Higher gold prices push up royalty costs for Gold Fields in Q1 2026

Gold Fields says higher global gold prices contributed to increased royalty payments and rising operating costs during the first quarter of 2026. According to the company’s latest quarterly results, royalties increased by US$48 per ounce compared to the same period in 2025, largely driven by stronger realised gold prices. The mining firm reported that all-in …

BHP loses bid to appeal Brazil dam disaster ruling

BHP (ASX: BHP) cannot appeal a UK court ruling that found the world’s largest miner liable for Brazil’s deadliest environmental disaster, tightening pressure ahead of a damages trial tied to the 2015 Fundão dam collapse . London’s Court of Appeal ruled Wednesday there was “ample evidence” supporting a previous High Court decision that held BHP …

Zambia targets global investors with launch of Insaka 2026

Minister of Mines and Minerals Development, Paul Kabuswe, has officially launched the Zambia Mining & Investment Insaka 2026, positioning the event as a key platform to drive investment, strengthen regional value chains, and promote inclusive growth across Africa’s mining sector. The conference is scheduled to take place from October 19 to 23 at the Government …

Gold Fields seeks 20-year lease extension for Tarkwa Mine

Gold Fields Group CEO, Mike Fraser, has reaffirmed the company’s long-term commitment to its Tarkwa operations in Ghana, revealing that an application has been submitted to extend the mine’s lease by at least two decades. Speaking to the media, Fraser stated that the company is “not stepping back from Tarkwa in any way,” underscoring its …

Zambia orders crackdown on mining firms over local content compliance

Zambia’s Minister of Mines and Minerals Development, Paul Kabuswe, has directed regulators to intensify monitoring of mining companies to ensure strict compliance with the country’s local content law, as the government pushes for greater shared prosperity from the sector. Speaking at the official media launch of the Zambia Mining & Investment Insaka 2026 in Lusaka …

Ghana engages large scale miners on gold policy to boost reserves

Ghana's Finance Minister Dr. Cassiel Ato Forson has co-chaired a high-level meeting with the Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, to advance the implementation of the Ghana Accelerated National Reserve Accumulation Policy (GANRAP). The meeting focused on strategies to strengthen Ghana’s foreign exchange reserves and support a more stable cedi, with particular …