Latest Africa News

South32 warns of an impending impairment expense linked to uncertain electricity supply for its Mozal Aluminium smelter, with FY26 production guidance now under review amid ongoing tariff negotiations.

Osteopore Limited has gained Swiss market approval for its 3D-printed bioresorbable implants under the EU Medical Device Regulation, completing its European product portfolio and strengthening its partnership with Zimmer Biomet.

RBR Group Limited has launched a Share Purchase Plan to raise up to $650,000, offering eligible shareholders shares at a notably low price of $0.001 each. The funds will support a joint venture, repay convertible notes, and bolster working capital.

Robex Resources reports strong grade control drilling results from the Mansounia deposit, reinforcing confidence in the Kiniero Gold Project's planned Q4 2025 production. The company also secures US$25 million in funding to advance construction.

First Au Limited has launched its inaugural diamond drilling program at the Nimba Gold Project in Liberia, securing ownership of a drilling rig to bolster its West African exploration ambitions.

Chariot Corporation Ltd is set to acquire a 66.7% interest in a substantial Nigerian lithium portfolio, marking a strategic entry into Africa’s burgeoning lithium sector with a US$10 million funding commitment.

Castle Minerals’ recent drilling at the Kandia Gold Project in Ghana reveals well-defined gold mineralisation extending to 150 metres depth, underpinning a promising multi-deposit corridor. Follow-up exploration is set to expand these findings across the prospective Wa East tenure.

Southern Palladium’s Optimised Prefeasibility Study reveals a $857 million project valuation and a 38% cut in peak capital expenditure through a staged development plan for its Bengwenyama PGM project in South Africa.

West African Resources has achieved its first gold pour at the Kiaka project while maintaining solid production at Sanbrado, positioning the company well to meet its 2025 targets.

Orion Minerals has raised approximately A$5.8 million through a share placement and loan conversions, while launching a Share Purchase Plan targeting an additional A$4 million to fund key copper projects.

Askari Metals has acquired full ownership of the advanced Nejo Gold Project in Ethiopia, positioning itself in a prolific gold-copper region with significant exploration upside. The company plans systematic drilling to validate historical high-grade results and fast-track a maiden JORC resource estimate.

Unith Ltd has raised $1.85 million through a strategic share placement to accelerate the growth of its AI-driven Digital Human platform and expand its global footprint. The capital injection aims to boost platform development, marketing, and partnerships across key regions including Europe, LATAM, MENA, and Australia.