Latest African Mining Sector News

Tyranna Resources has advanced its exploration and acquisition efforts in Angola, securing a major stake in the Chinguar Gold Project and extending its lithium-caesium project tenure, supported by a solid cash position.

Arrow Minerals Limited has suspended all field activities in Guinea due to unresolved questions over exploration permit renewals, maintaining a cautious financial stance while awaiting government clarity.

Tyranna Resources has acquired a controlling interest in the expansive Chinguar Gold Project in Angola, positioning itself to explore a region rich in artisanal gold workings with promising geological data.

Predictive Discovery Limited and Robex Resources Inc. have announced a merger to create Guinea’s leading gold producer, targeting over 400,000 ounces of annual gold production by 2029 from a combined resource exceeding 9 million ounces.

Predictive Discovery Limited and Robex Resources Inc. have agreed to merge, creating a major mid-tier gold producer in West Africa with combined production expected to exceed 400,000 ounces annually by 2029.

Lotus Resources has completed key refurbishments at its Kayelekera Uranium Project in Malawi, restarting the SAG mill and progressing through hot commissioning towards first uranium oxide production this quarter.

Predictive Discovery’s Definitive Feasibility Study confirms the Bankan Gold Project in Guinea as a large-scale, long-life operation with robust economics and strong production potential.

Toubani Resources has initiated a 5,000-metre diamond drilling campaign at its Kobada Gold Project in Mali, targeting deeper mineralisation to expand its 2.2 million ounce resource and extend mine life.

Asara Resources assures investors its Kada Gold Project permits remain intact despite Guinea’s recent revocation of over 120 exploration permits. Drilling has already commenced, signaling continued progress.

Perenti’s African Underground Mining Services has locked in a five-year, A$1 billion contract to provide underground mining services at Ghana’s Obuasi Gold Mine, reinforcing its strategic partnership with AngloGold Ashanti.

Askari Metals offers holders of expired AS2O options a priority issue of new options, while advancing due diligence on a promising Ethiopian gold project.

Lotus Resources has received critical regulatory approval from Malawi’s Atomic Energy Regulatory Authority to resume uranium mining at its Kayelekera project, paving the way for production restart in the third quarter of 2025.