Latest Africa News

Predictive Discovery Limited has amended its acquisition terms with Robex Resources, sidelining Perseus Mining’s bid and setting the stage for a combined gold producer targeting over 400,000 ounces annually by 2029.

MetalsGrove Mining has significantly expanded its gold exploration presence in Côte d’Ivoire by securing the Stellar Joint Venture permit, creating a contiguous 75 km strike length in a prolific greenstone belt. Immediate exploration activities using innovative soil sampling technology are set to commence.

Atomic Eagle Limited announces Phil Hoskins as new CEO following Daniel Major's unexpected non-start, spotlighting the Muntanga Uranium Project's substantial resource base.

MRG Metals has reported strong laboratory results from 37 auger drillholes at its Adriano Rare Earth Project in Mozambique, confirming significant alluvial deposits with Total Heavy Mineral grades up to 9.56%. These findings bolster the potential for a district-scale rare earth system across the Adriano–Fotinho corridor.

GreenTech Metals has agreed to acquire up to 80% of the high-grade Munni Munni Platinum-Palladium-Copper-Nickel Project in Western Australia, consolidating a significant land package and planning a drilling campaign to upgrade the resource by early 2026.

Lindian Resources has awarded all major non-process infrastructure contracts for its Kangankunde Rare Earths Project in Malawi, marking a pivotal step toward first production in late 2026. Construction is underway with strong schedule confidence and capital discipline.

Lotus Resources plans a significant share consolidation to better align its capital structure with its ASX300 status, aiming to attract a broader investor base. The move, subject to shareholder approval, coincides with a proposed update to the company’s constitution.

International Graphite Limited projects robust financial returns from its new expandable graphite facility joint venture in Germany, targeting production start in mid-2027 with rapid payback and low capital costs.

ChemX Materials Limited has emerged from voluntary administration following a Deed of Company Arrangement, while securing a significant Japanese patent for its HiPurA® High Purity Alumina process.

Patriot Resources highlights promising historical drill results and outlines a robust exploration plan for its Tassa Silver-Gold Project in Peru, strategically located near a major gold mine.

Asara Resources has agreed to acquire two adjacent gold exploration permits in Guinea, significantly enlarging its Kada Gold Project footprint in the prolific Siguiri Basin. Historical drilling by Newmont highlights promising gold mineralisation, setting the stage for renewed exploration.

Theta Gold Mines has taken a significant step forward in its TGME Gold Project by securing key long-lead processing equipment from leading South African engineering firms, keeping its commissioning timeline on track for the end of 2026.