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Tuesday 18 August 2026

Kampala Bureau

ISSN 2960-4471

Vol. VI

Tuesday 18 August 2026Kampala Bureau · ISSN 2960-4471Vol. VI

Fenella Osei

Commodities Correspondent, Mine Supply

Fenella is a commodities correspondent covering mine supply, all-in sustaining costs, refinery accreditation, permitting and closure accounting across Africa, Australia and the Americas.

Articles by Fenella Osei

01Mine supply · 8 August 2026Sustaining costs climb as gold grades fallHigher prices have masked a decade of grade decline. Strip out the price and the operating picture across the industry looks considerably tighter.
02Refining · 2 August 2026Refinery accreditation and African gold accessContinental refining capacity has grown quickly. Accreditation recognised by institutional buyers has not, and that gap sets the discount.
03Governance · 30 July 2026Permitting timelines and consultation qualityDevelopers complain about delay. The delays that actually stick are the ones caused by consultation that was skipped and has to be redone.
04Environment · 28 July 2026Tailings reprocessing: opportunity and hazardOld dumps contain recoverable gold and legacy contamination in the same tonne. Who ends up owning the residue is the question nobody answers up front.
05Governance · 24 July 2026Closure provisioning in gold mine accountsRehabilitation estimates are discounted, deferred and revised upward at almost every operation that has reached closure. The pattern is now the base case.
06Policy · 22 July 2026West African producers face new fiscal termsSeveral governments have revised mining codes to capture more of a high price. The design of the revision matters more than the headline rate.