Latest Africa News

Dalaroo Metals has launched a comprehensive soil geochemistry program at its Bondoukou Project in Côte d’Ivoire, aiming to delineate a 9km gold corridor and identify new drill targets following earlier high-grade discoveries.

Aguia Resources’ Brazilian subsidiary has achieved a key regulatory milestone with official fertiliser registration, enabling commercial sales of its PAMPAFOS phosphate product in Brazil’s large agricultural market.

Predictive Discovery Limited (ASX: PDI) and Robex Resources Inc. (ASX: RXR) have confirmed their merger is unconditional and moving to implementation, forming a significant West African gold producer with combined assets targeting over 400,000 ounces of gold production annually by 2029.

Memphasys Limited (ASX: MEM) announced an investor webinar and released an updated presentation detailing its transition from early-stage commercialisation to scaling global revenues, highlighting multi-market sales, recurring cartridge revenue, and regulatory progress.

Desert Metals Limited (ASX:DM1) has announced a pro-rata 1-for-2 non-renounceable entitlement offer of up to 325 million new options to raise approximately $325,377. The funds will support ongoing aircore drilling at its Tiogo and Kakalogo gold prospects in Côte d’Ivoire.

Fortuna Metals Limited (ASX:FUN) has announced a conceptual exploration target of 180 to 240 million tonnes at 0.86 to 1.0% rutile grade for its Mkanda project in Malawi, with major drilling programs planned in 2026 to advance resource definition.

Janus Electric has appointed Lynx Advisors and Spark Plus to bolster its capital strategy and investor engagement while settling longstanding disputes with Kjøller A/S. The company also ends its agreement with EVUNI, opening new partnership opportunities.

Terra Metals has reported a significant breakthrough at its Southwest SW6 Prospect with the first 2026 diamond drill hole intercepting multiple massive sulfide zones, validating its geophysical targeting approach. Assay results are awaited to confirm the economic potential.

MRG Metals has confirmed a straightforward and scalable processing method for its high-grade rare earth mineralisation at the Garies Project, achieving an initial 72% recovery of monazite concentrate with potential for further gains.

Orion Minerals secures a major milestone as South Africa’s IDC converts its loan into a significant equity stake in the Prieska Project, streamlining financing and advancing development plans.

Resolute Mining and Guinea’s state-owned Nimba Mining Company have signed a landmark MoU to jointly explore and potentially develop gold projects, marking a significant step in Guinea’s mineral diversification.

MetalsGrove Mining has identified a standout 583 ppb gold soil anomaly at its Fifty-Five Prospect in Côte d’Ivoire, elevating it to top-priority status amid seven defined gold prospects. The company plans extensive follow-up sampling and mapping to advance these targets toward drilling.