Latest Africa News

Zoono Group Limited has responded to an ASX price query following unusual trading activity, confirming no undisclosed price-sensitive information exists and linking the movement to ongoing shelf-life extension trials with OSY Group Ltd and multiple international partners.

Vmoto Limited reported a 16% decline in total unit sales for 1Q25, offset by a strong cash position and strategic investments in e-mobility solutions and production capacity.

Resolute Mining has completed its acquisition of the Doropo and ABC Gold Projects from AngloGold Ashanti, marking a significant expansion of its asset portfolio with no material changes since the initial announcement.

Clean TeQ Water has landed a A$1.2 million engineering contract to design a DESALX® wastewater treatment plant for Nyrstar's European operations, paving the way for a potential A$9.4 million project stage.

Resolute Mining has acquired AngloGold Ashanti’s Doropo and ABC gold projects in Côte d’Ivoire for US$150 million plus contingent payments, significantly boosting its resource base and positioning for production growth beyond 500,000 ounces annually by 2030.

M3 Mining Limited reports promising exploration progress at its Edjudina Gold and Victoria Bore Copper projects, while advancing talks to secure a strategic energy asset in North Africa ahead of a pivotal May shareholder meeting.

Askari Metals has reported a significant 28% increase in its Burracoppin Gold Project resource, while advancing strategic acquisitions in Africa and completing a $1.1 million capital raise.

Theta Gold Mines reports significant progress in funding discussions, plant construction, and resource integration for its TGME gold project in South Africa during Q1 2025.

Challenger Gold Limited has doubled its mineral resource estimate in Ecuador to 9.1 million ounces gold equivalent, positioning its assets among South America's largest undeveloped gold resources, while making significant progress on its Hualilan Gold Project in Argentina towards mining and toll milling readiness.

Lithium Universe Limited has delivered a robust Definitive Feasibility Study for its Bécancour Lithium Carbonate Refinery, confirming strong economic viability and progressing toward project funding and strategic collaborations.

White Energy Company Limited has marked significant progress in its mining exploration and coal technology divisions during the March 2025 quarter, including achieving a key farm-in milestone and raising $3.7 million net from an entitlement offer.

Eden Innovations reports robust growth in EdenCrete®Pz7 sales, driven by expanded orders from Holcim Ecuador and the USA, alongside strategic US property sales aimed at debt reduction and operational efficiency.