Latest African Minerals News

Fortuna Metals has reported exceptional rutile soil sampling results from its Mkanda and Kampini projects in Malawi, revealing extensive high-grade anomalies analogous to the world-class Kasiya deposit. The company aims to define a maiden rutile resource by mid-2026 following ongoing drilling programs.

Tempest Minerals reports significant progress at its Yalgoo iron deposit and Mount Magnet gold projects, with new drilling programs and promising targets identified.

Askari Metals is gearing up for a pivotal shareholder meeting to approve its Ethiopian gold and copper acquisition, while restructuring debt and expanding European investor outreach.

Askari Metals is advancing its African exploration strategy with detailed field campaigns targeting tin, tantalum, and gold mineralisation in Namibia and Ethiopia, while evaluating strategic acquisitions to bolster its portfolio.

Mineral Commodities Ltd faces a buyer default on its Skaland sale while advancing negotiations to fully acquire the Munglinup Graphite Project, amidst operational and financial challenges.

Askari Metals has raised $750,000 through a placement to advance its tin, tantalum, and gold projects in Namibia and Ethiopia, positioning itself for growth in African mineral exploration.

Tempest Minerals has made significant progress on its Remorse iron deposit in Western Australia, initiating metallurgical studies and signing a strategic MOU with Green Steel. The company also announced a capital raising plan to support ongoing exploration and development.

Volt Group Limited reported a robust 20% increase in FY24 revenue receipts, driven by strong EcoQuip growth and strategic contract wins, while advancing its zero-emission ATEN technology with promising trials underway.