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On 24 November 2025 Barrick Mining Corporation and the Government of Mali announced a comprehensive settlement resolving all disputes arising from the Loulo-Gounkoto gold complex, including the June 2025 provisional state administration order. Under the agreement Barrick commits to pay approximately USD 430 million (≈244 billion CFA francs) to Mali in cash and VAT-credit offsets, formally accedes to Mali's 2023 Mining Code (Loi 2023-040), and receives in exchange: cancellation of all charges against Barrick entities and personnel, release of four detained employees, return of three metric tons of previously seized gold (~USD 400 million), termination of the provisional administration, and a ten-year renewal of the Loulo mine permit (which had been set to expire in February 2026). Full operational control was restored to Barrick on 18 December 2025.

Canada's Budget 2025 (released 4 November 2025) expands the Critical Mineral Exploration Tax Credit (CMETC) to cover 12 additional minerals: bismuth, cesium, chromium, fluorspar, germanium, indium, manganese, molybdenum, niobium, tantalum, tin, and tungsten. The 30% flow-through share enhanced rate (double the standard 15% Mineral Exploration Tax Credit) is maintained and applies to agreements entered after November 4, 2025 and before March 31, 2027. This is the first scope expansion since CMETC's creation in 2022, bringing the total eligible mineral count to approximately 27 and aligning the credit with Canada's 2024 Critical Minerals List update.

On 19 September 2025 (Communiqué CM N°2025-39/SGG), Mali's Council of Ministers, chaired by General Assimi Goïta, adopted four exploitation-phase "conventions d'établissement" operationalising the 2023 Code Minier (Loi n°2023-040) against named foreign-operated mines: Lithium du Mali S.A. (Goulamina, Ganfeng Lithium), Les Mines de Lithium de Bougouni-S.A. (Foulaboula, Kodal Minerals), SEMOS-S.A. (Sadiola gold, Allied Gold) and SOMISY-S.A. (Syama gold, Resolute Mining). Each convention raises the State's shareholding to 35% (a free non-contributory 10% carry plus up to 25% acquired, of which 5% is reserved for Malian private investors) and converts the stakes into non-contributory, non-dilutable participations carrying priority-dividend rights.

On 11 June 2025 the Burkinabè Conseil des Ministres adopted Décret N°2025-0598/PRES/PM/MEMC, formally completing the transfer of five gold-mining assets to the state-owned Société de Participation Minière du Burkina (SOPAMIB): two operating gold mines (Wahgnion Gold SA and SEMAFO Boungou SA, formerly held by Endeavour Mining subsidiaries) and three exploration-stage companies (Ressources Ferké SARL, Gryphon Minerals Burkina Faso SARL, and Lilium Mining Services Burkina Faso SARL). The underlying share-and-social-interest transfer agreement was concluded on 24 August 2024 between the Burkinabè state and Endeavour Mining / Lilium Mining; the June 2025 decree formalises SOPAMIB's full legal ownership. Executed under President Capt. Ibrahim Traoré's "sovereign ownership of mining resources" doctrine and the authority granted by the 2024 Code Minier (Loi N°016-2024/ALT), the decree marks the first comprehensive operating-mine nationalisation in the AES bloc (Alliance des États du Sahel) and signals that Sahel resource nationalism has moved from legislative code-amendment into direct operating-asset seizure.

On 11 June 2025 the Peruvian government published Decreto Supremo N° 003-2025-IN in El Peruano, approving the Estrategia Nacional para la Reducción e Interdicción de la Minería Ilegal en el Perú al 2030. Issued by the Ministerio del Interior (MININTER) and coordinating 17 public institutions, the strategy establishes six specific objectives to dismantle the full criminal chain of illegal mining — from unauthorised extraction through commercialisation of illegally-sourced minerals — across four critical intervention phases. It is institutionally distinct from the parallel MINEM-administered REINFO formalisation track (DS 009-2025-EM + Ley 32537), targeting unregistered illegal operations via PNP, Fiscalía, SUNAT, MINAM, and regional governments, with PCM as the strategy-steering body and a 2030 horizon.

Ghana's Parliament passed the Ghana Gold Board Act, 2025 (Act 1140) on 29 March 2025; presidential assent followed on 2 April 2025, with full operational effect from 1 May 2025. The Act repeals PNDCL 219 (1989) and establishes the Ghana Gold Board (GoldBod) as the sole statutory licensor and exclusive primary buyer, seller, assayer, grader, weigher and exporter of all gold produced by the country's licensed Artisanal and Small-Scale Mining (ASM) sector. Large-scale mining operations remain outside the monopsony. Effective 1 May 2025, no person other than GoldBod may export ASM gold from Ghana, and all gold trading and marketing businesses must hold a GoldBod licence (application window for Ghanaian-owned firms opened 22 April 2025). Proceeds from all ASM gold exports settle through the Bank of Ghana, channelling foreign-exchange flows from roughly 30% of national gold output — Ghana is the world's #6 producer and Africa's largest — into formal central-bank reserves. The stated objectives are to combat smuggling, capture the smuggling-loss premium for the state, support Bank of Ghana gold-reserves accumulation, and generate foreign exchange. The Act sits alongside the Bank of Ghana's Domestic Gold Purchase Programme as the legal infrastructure for Ghana's gold-as-reserve-asset strategy.