Latest Africa News

Close the Loop Limited reports stronger Q1 FY26 revenue and EBITDA, boosted by strategic asset sales and operational improvements, while navigating key board and CFO departures.

West Wits Mining has secured an initial US$12.5 million drawdown from its US$35 million Nebari facility, powering development at its Qala Shallows Gold Project in South Africa. The company reports key operational milestones, including first underground ore delivery and fleet expansion, targeting first gold pour by March 2026.

AFT Pharmaceuticals reports a robust 33% revenue increase in the first half of FY26, driven by strong ANZ market performance and expanding international presence. The company advances its R&D pipeline and targets NZ$300 million revenue for FY27 amid strategic global expansion.

AFT Pharmaceuticals delivered a robust first half for FY26, posting 33% revenue growth and a return to profitability, driven by strong Australian sales and recovery in Asia and international markets. The company is advancing its global footprint and R&D pipeline, positioning for sustained growth.

AFT Pharmaceuticals has reported a robust first half of FY26, posting a 33% revenue increase to a record $114.9 million and returning to profitability amid strong growth in Australia and international markets. The company’s advancing R&D pipeline and strategic licensing deals position it well for ambitious FY27 targets.

Bio-Gene Technology Limited updates on its development of two novel insecticides, Flavocide and Qcide, highlighting regulatory progress, commercial partnerships, and a strong market outlook across multiple sectors.

Enegex Limited has completed its acquisition of Famien Resources and appointed Paul Roberts as Managing Director, signaling a strategic shift aimed at accelerating gold exploration efforts.

Robex Resources has completed Phase 1 grade control drilling at the Sabali South deposit within its Kiniero Gold Project, revealing stronger mineralisation and higher contained gold ounces than previous models. The company remains on track for first gold production in Q4 2025.

Aurum Resources has reported exceptional high-grade gold intercepts from its Boundiali project in Côte d’Ivoire, including a standout 3.10m at 70.78 g/t Au. The company is ramping up drilling efforts with 12 rigs and targets major resource upgrades and a Pre-Feasibility Study in early 2026.

Harvest Technology Group has forged a pivotal exclusive reseller agreement with Pyxis Controls to expand its Nodestream™ technology across the MENATISA region, targeting critical sectors like national security and energy.

Resolute Mining has announced an initial Mineral Resource Estimate at its La Debo Project in Côte d’Ivoire, revealing 643,000 ounces of contained gold, 60% higher than previous figures. This milestone underscores the company's growing footprint in West Africa and sets the stage for further exploration and development.

Dalaroo Metals has appointed seasoned mining executive John Morgan as CEO, signaling a strategic push to advance its exploration projects across multiple continents. His performance-linked incentives align leadership rewards with shareholder value creation.