Latest Africa News

Memphasys delivered a record $150,000 quarterly revenue, secured its largest Felix™ supply contract with Monash IVF, and expanded into UK and Southeast Asian IVF markets, positioning for accelerated growth in FY27.

D3 Energy has secured independent certification of maiden prospective resources for helium, hydrogen, and methane in its South Australian PEL121 permit, establishing a significant new critical gases footprint.

Kinetiko Energy is progressing rapidly from exploration to production with a major onshore gas discovery in South Africa, targeting first commercial compressed natural gas by late 2027 through a phased, capital-efficient development.

Redstone Resources is moving forward with exploration at its newly granted Saturn Project in Western Australia's West Musgrave region, a 330km2 tenure adjacent to major Cu-Ni-Co-PGE deposits. Historical drilling highlights significant copper, nickel, and PGE mineralisation, underpinning the project's potential in a world-class geological setting.

Toubani Resources has secured a US$208 million funding package combining a US$160 million gold stream and a US$48 million equity raise, ensuring Kobada Gold Mine construction stays on track for first gold in Q3 2027.

Manuka Resources has lifted the Wonawinta Silver Mine's Ore Reserve by 28%, underpinning its imminent restart of silver and gold production with upgraded plant facilities and contracted mining operations.

An independent review spotlights high-priority basal contact copper-nickel-PGE targets at GreenTech Metals’ Munni Munni project, setting the stage for imminent geophysical surveys and drilling.

Terra Metals has extended its Southwest Main Sulfide Corridor at the Dante Project, defining a vast PGM-Cu-Ni-Co system open in all directions and starting near surface, boosting prospects for early-stage mining.

Future Metals NL has delivered a significant upgrade to its Panton PGM Project, reporting an 82.3 million tonne resource at 1.6 g/t platinum equivalent, underpinning a refreshed development plan.

Southern Palladium’s latest DFS metallurgical tests reveal a dramatic jump in chromite recovery to 85.6%, alongside improved platinum group metal grades and recoveries, potentially reshaping project economics.

Botala Energy confirms encouraging reservoir permeability at its Serowe-3.5B well in Botswana, setting the stage for hydraulic stimulation and production testing that could unlock commercial gas flows.

DeSoto Resources and Fortuna Mining’s joint venture High Guinea Gold has locked in a seven-project gold exploration package covering 591.43 square kilometres in Guinea’s prolific Siguiri Basin, marking a key step in their alliance’s expansion strategy.