Latest Africa News

Patriot Resources reports significant copper-zinc-lead assay results from its Phase 1 trenching at Kitumba, Zambia, expanding the mineralised footprint fivefold and setting the stage for further exploration.

Robex Resources Inc. reported a mixed Q3 2025 with higher gold revenues offset by net losses, while progressing its Kiniéro gold project and announcing a merger with Predictive Discovery Limited.

Robex Resources reported a $16.5 million net loss in Q3 2025 and completed full drawdown of its $130 million project financing facility, progressing its Kiniéro gold project with a planned first gold pour in December. The company also announced a merger agreement with Predictive Discovery Limited, signaling strategic growth.

Sarama Resources has raised A$2.7 million to fund exploration at its Australian gold projects while progressing a significant arbitration claim against Burkina Faso for expropriation of its African permit.

Sarama Resources Ltd reported a $1.9 million loss for the first nine months of 2025 while securing A$2.7 million in equity funding and advancing a $242 million arbitration claim against Burkina Faso over mining permit expropriation.

Robex Resources has filed a management information circular ahead of a December 15 shareholder vote on a proposed acquisition by Predictive Discovery. The deal promises to create a West African gold mining powerhouse.

Predictive Discovery Limited’s definitive feasibility study for the Bankan Gold Project in Guinea reveals a substantial 2.95 million ounce gold reserve and strong project economics, supported by comprehensive environmental and social approvals.

Zoono Group Limited has clarified the recent spike in its share price and trading volume, linking it to a new South African packaging agreement and a freshly announced contract with Multisteps Pty Ltd.

Zoono Group has signed a five-year exclusive contract with Multisteps Pty Limited to apply its antimicrobial technology to fresh produce packaging in Australia, aiming to reduce food waste and boost sustainability.

Lycopodium Limited projects steady growth for FY26 with revenue guidance of $390-$410 million, underpinned by strong project momentum and the strategic SAXUM acquisition expanding its footprint in the Americas.

Fortuna Metals has raised A$3.5 million through a share placement to fund expanded drilling at its Mkanda and Kampini rutile and graphite projects in Malawi. Assay results expected from late November will be pivotal in defining the projects’ resource potential.

Orezone Gold Corporation reports solid Q3-2025 results from its Bomboré Gold Mine, progressing its Stage 1 hard rock expansion on schedule while revising cost guidance higher due to external pressures.