Latest Africa News

Terra Metals has announced a maiden Mineral Resource Estimate for its Dante Project, revealing a significant polymetallic deposit with strong grades and excellent metallurgical recoveries. The resource remains open for expansion, supported by ongoing drilling and strategic funding.

Iress Limited reported a robust first half of 2025 with strong earnings growth and reduced leverage, driven by core business strength and strategic divestments. The company is poised to capitalize on regulatory tailwinds and technology demand in wealth and trading sectors.

Minbos Resources has partnered exclusively with Fertiafrica to produce Angola’s first locally granulated fertilisers, aiming to transform the country’s agricultural landscape with affordable, high-quality products.

Castle Minerals is launching a major auger drilling campaign at its Kandia Gold Prospect in northern Ghana, aiming to extend known gold zones and test new targets identified through advanced aeromagnetic surveys. Positive results could fast-track follow-up drilling and bolster the company’s exploration momentum in a highly prospective region.

Altair Minerals has entered a binding agreement to acquire up to 70% of the Greater Oko Project in Guyana, positioning itself as a leading gold explorer in a rapidly emerging district adjacent to major discoveries.

D3 Energy’s latest re-test of the RBD10 well in South Africa’s ER315 permit shows a remarkable 38% increase in gas flow, underscoring unique reservoir dynamics that could lower development costs.

Askari Metals has completed technical due diligence on its Nejo Gold and Copper Project in Ethiopia, clearing a key hurdle ahead of acquisition settlement and setting the stage for maiden drilling campaigns.

Many Peaks Minerals reports encouraging initial reverse circulation drilling results from its Odienné gold project in Côte d’Ivoire, confirming extensive mineralisation along a major shear corridor. Concurrently, exploration accelerates at the Ferké project with a second diamond rig added to expand core drilling.

Lotus Resources has received the final environmental and social approval to restart its Kayelekera Uranium Mine in Malawi, marking a key milestone in its African uranium operations. This endorsement from Malawi’s Environment Protection Authority paves the way for the company’s planned production ramp-up.

Traka Resources has announced a $2.5 million capital raise through a two-tranche placement, alongside significant board and executive changes that could reshape its strategic direction.

SRJ Technologies reports a robust 81% increase in quarterly cash receipts, driven by strategic leadership changes and a focused expansion into the Middle East and other high-growth markets.

Perseus Mining announces the retirement of long-serving CEO Jeff Quartermaine, who transformed the company into an ASX100 gold producer. Craig Jones, former Newcrest COO, will take the helm in October 2025, steering Perseus through its next growth phase.