News Industry

Barrick’s Kibali Mine in DRC Posts 21% Jump in Q3 Gold Output

Barrick’s Kibali Mine in DRC Posts 21% Jump in Q3 Gold Output
Tuesday, 11 November 2025 05:16
  • Kibali gold mine Q3 output rises 21% to 191,000 ounces
  • Boost driven by 133% increase in open-pit ore production
  • Barrick maintains full-year target; Kibali aims to reclaim top Africa spot

Kibali, the Democratic Republic of Congo’s largest gold mine, produced 191,000 ounces of gold in the third quarter of 2025. According to a financial report released by operator Barrick Gold on Monday, November 10, the output represents a 21% year-on-year increase from the 159,000 ounces recorded in the same period of 2024.

Barrick said the stronger performance was mainly driven by the ramp-up of open-pit operations at the Kibali complex. Ore output from these pits rose by 133%, offsetting a decline in deliveries from the underground mines.

From January to September, Kibali’s total production reached 498,000 ounces, slightly below the 509,000 ounces produced over the same period last year. Despite this shortfall, the company is maintaining its full-year production target of 688,000 to 755,000 ounces. Hitting that goal will depend on fourth-quarter output, particularly after Kibali missed its annual target in 2024.

Reaching the guidance range could allow the mine to regain its title as Africa’s largest gold producer. Kibali lost the top spot to Ghana’s Ahafo mine in 2024. Ahafo, operated by Newmont Corp., is expected to produce around 670,000 ounces this year, according to company projections.

Aurel Sèdjro Houenou

On the same topic
Niger accuses Orano of storing 400 barrels of radioactive material near Arlit Orano denies any activity at the site and rejects responsibility for...
Murphy Oil has mobilized the Deepwater Skyros rig offshore Abidjan to drill the first of three planned exploration wells. The company holds 85–90%...
West Wits Mining inaugurated Qala Shallows, a mine expected to produce 70,000 ounces of gold per year for 12 years. The mine represents the first...
Zimbabwe plans to introduce a 10% top-tier gold royalty from 2026, replacing the current 5% ceiling and targeting high-price conditions...
Most Read
01

Camtel to launch Blue Money in 2026, entering Cameroon’s crowded mobile money market led by MTN Mo...

Cameroon: State Owned Telecommunication Company To Enter Mobile Money Market
02

Francophone Sub-Saharan Africa hosts 860+ startups but faces deep structural weaknesses EY urges...

Major Tech Reforms Needed for Francophone SSA to Attract More Investment, Report Says
03

Kossi Ténou succeeds Badanam Patoki as president of the AMF-UMOA. Ténou brings over 20 years of e...

Togo’s Kossi Ténou Appointed President of AMF-UMOA
04

This week in African health news: Global measles cases have dropped nearly 80 percent since 2000, bu...

Measles Cases Drop 80%, Ethiopia's Marburg Response and Cholera in DRC (Weekly Health Update)
05

Maersk will resume transit through the Suez Canal from December 2025 after a two-year diversion. ...

Maersk to Resume Suez Canal Transit in December
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.