Latest TRE News

Small caps did the heavy lifting this week, led by two big discovery stories in resources. Funding raises and takeover moves kept attention on who can pay for the next step, not just promise it.

Speculative money piled into new discoveries and tight-supply metals, while a handful of small caps were sold hard on thin liquidity. The week’s biggest moves came from PGMs and tungsten on the way up, and micro-cap gas on the way down.

Toubani Resources has secured key environmental approvals and a $395 million funding package to propel its Kobada Gold Project in Mali towards construction, alongside launching its largest-ever drilling campaign targeting resource expansion.

Toubani Resources has formalised a binding agreement with the Mali government, clearing the way for development of the Kobada Gold Project with a capped 35% state interest and regulatory certainty.

Toubani Resources has launched its largest-ever drilling program at the Kobada Gold Project in Mali, aiming to significantly grow its resource base with up to 100,000 metres of drilling in 2026. Recent high-grade drill results outside the current resource estimate bolster expectations for a substantial update.

Toubani Resources has landed a credit-approved term sheet from Coris Bank for more than US$80 million in project financing, marking a significant step forward for its Kobada Gold Project in Mali.

Toubani Resources is poised to begin construction on its Kobada Gold Project in Mali after securing key environmental approvals and a substantial financing package. The company is advancing rapidly towards becoming a major gold producer in Africa.

Toubani Resources confirms uninterrupted operations at its Kobada Gold Project in Mali despite local fuel and security concerns, while progressing key funding and permitting milestones.

Toubani Resources has appointed Ausenco as the EPCM contractor for its Kobada Gold Project in Mali, marking a pivotal step toward project execution and a Final Investment Decision.

Toubani Resources has made significant strides in advancing its Kobada Gold Project, reporting promising drilling results and securing a substantial A$395 million funding package to support project development.

Toubani Resources has achieved a crucial regulatory milestone with the Environmental and Social Impact Assessment approval for its Kobada Gold Project in Mali, paving the way for on-site development activities.

Toubani Resources has locked in a comprehensive A$395 million funding package, fully financing the development of its Kobada Gold Project in Mali and positioning itself as a future high-margin West African gold producer.