Latest Africa News

Eden Innovations has significantly reduced its debt burden and secured fresh capital, while expanding sales and trials of its advanced concrete additives across key international markets.

Enegex Limited has reported promising gold exploration results in Côte d’Ivoire and Western Australia, supported by a $5 million capital raise and strategic board appointments.

West African Resources Limited reported a robust cash flow for the December 2025 quarter, ending with a strong cash position of A$584.1 million. The company’s operating activities generated significant cash inflows, offsetting substantial investing and financing outflows.

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.

Turaco Gold has announced significant extensional drilling results at its Adiopan prospect, adding approximately 1.5 kilometres of high-grade gold mineralisation. This breakthrough is set to materially increase the Afema Project's Mineral Resource Estimate, with an update expected in the first quarter of 2026.

Altair Minerals has confirmed a 1km southward extension of its South Oko gold soil anomaly, unveiling three open targets and setting the stage for maiden drilling. Meanwhile, its Olympic Domain copper-gold project remains a strategic focus amid ongoing commercial talks with BHP.

Prospect Resources has completed its Phase 2 drilling at the Mumbezhi Copper Project in Zambia, revealing extended copper mineralisation and significant gold by-product potential. The company is well-funded and poised for updated resource estimates in early 2026.

Desert Metals Limited has completed the second tranche of its placement, raising a total of $1.25 million through new shares and options issued to investors and its lead manager.

Asara Resources has reported robust drilling results at its flagship Kada Gold Project in Guinea and initiated a major resource expansion campaign, alongside a strategic acquisition to broaden its regional footprint.

West Wits Mining has transitioned its Qala Shallows project from mobilisation to underground production, delivering first ore to surface and targeting its first gold pour in March 2026. The company has secured substantial funding to support this milestone and future growth.

Liberty Metals has announced a significant discovery of high-grade monazite mineralisation rich in critical rare earth elements at its Paraiba Rutile and Monazite Project in Brazil, opening new avenues for exploration and processing.

Lindian Resources has accelerated development at its Kangankunde Rare Earths Project, securing full ownership and awarding key construction contracts, while attracting strategic international attention.