Latest Africa News

TerraCom Limited reported a stable operational quarter despite logistical challenges impacting coal shipments and cash flow, while successfully raising A$60 million to bolster liquidity. The Blair Athol mine life was extended to 2033, underpinning the company’s long-term outlook.

MRG Metals has expanded its rare earth portfolio through the acquisition of the high-grade Garies Rare Earth Project in South Africa, while also progressing key projects in Mozambique, signalling a diversified growth strategy in critical minerals.

Evion Group gains momentum as the US-Africa Strategic Infrastructure and Investment Working Group fosters trade, Madagascar accelerates mining permits, and Indian graphite operations deliver strong sales.

Janus Electric reports operational progress with validated technology and increased revenue, while focusing on commercial execution and cost discipline under new CEO Ben Hutt. Funding remains a critical factor for sustaining growth.

Zoono Group has landed its first commercial orders from three new packaging partners, marking a key milestone in its fresh food shelf-life extension strategy. The company reports NZ$551,000 cash on hand as it navigates growth and funding options.

Orion Minerals reported a December 2025 quarter marked by significant cash outflows offset by fresh financing, including a major convertible loan and ongoing talks with Glencore for substantial project funding.

Lotus Resources reports steady progress at its Kayelekera uranium mine despite supply challenges, while its Letlhakane project shows promising metallurgical advances. The company targets full production and first shipments in the second quarter of 2026.

Fluence Corporation Limited has reported a robust FY 2025 with a 52.3% revenue increase and record new orders, driven by a strategic pivot to higher-margin Smart Product Solutions and recurring revenue streams.

Vanadium Resources Limited is advancing its Steelpoortdrift Vanadium Project with a new CEO and a sharpened focus on near-term cash flow and critical mineral markets in the US and EU.

Orange Minerals NL has reported spectacular silver grades from rock chips at its Lennon’s Find project in Western Australia and completed a deep diamond drillhole targeting a key mineral feeder zone. The company also raised A$3.18 million to fund exploration in Australia and Ghana.

Robex Resources has achieved a significant milestone with the first gold pour at its Kiniero Gold Project in Guinea, while securing strong shareholder backing for its merger with Predictive Discovery Limited.

Chilwa Minerals has validated its rare earth element exploration model and boosted its heavy mineral sands resource, while securing A$8 million in funding and advancing plans for a US Nasdaq dual listing.