Latest African Mining News

Midas Minerals has extended high-grade copper and silver mineralisation at its Spaatzu prospect within the Otavi Copper Project, Namibia, with assays confirming at least 800m strike length and multiple significant intercepts. Exploration across other Namibian projects also shows promising early-stage results.

Toubani Resources has locked in Corica Mining Services to handle mining operations at its Kobada Gold Project in Mali, advancing the project towards production with mobilisation set for late 2026 and first ore expected by mid-2027.

Askari Metals is deepening government and community partnerships in Ethiopia while advancing operational readiness at its Nejo Gold-Copper Project, positioning for imminent exploration activity.

Turaco Gold has exercised an option to acquire 100% of a new exploration permit adjacent to its Afema Project in Côte d’Ivoire, increasing its landholding by 30% and setting the stage for fresh exploration activities.

Chilwa Minerals has identified a substantial new heavy mineral sands target at Mpyupyu West in Southern Malawi, resuming drilling with two sonic rigs and preparing an updated resource estimate for its Mpyupyu deposits.

Wia Gold has raised A$92 million through a heavily supported placement to accelerate development of its Kokoseb Gold Project in Namibia, underpinning progress towards a Definitive Feasibility Study due later this year.

Chariot Resources has broadened its Nigerian lithium acquisition by adding a key small-scale mining licence and converting three leases to mining leases, extending the acquisition timeline and increasing regulatory costs.

Genmin has drawn strong international interest to finance its Baniaka iron ore project in Gabon, with proposals ranging from joint ventures to prepayment facilities. The Gabonese government backs the project as a national priority, aiming for a final investment decision by mid-2026.

Orion Minerals has confirmed a significant down-dip extension of copper mineralisation at its Flat Mine East prospect within the Okiep Copper Project, reinforcing resource growth potential ahead of pending assay results.

RareX Limited has advanced its rare earths ambitions by securing a key mining lease at Cummins Range, appointing a strategic board member, and raising $5 million to fund exploration and development.

Volt Resources has secured a major extension and volume increase to its Bunyu graphite offtake agreement while progressing high purity graphite production and downstream refinery development in the US.

Toubani Resources has kicked off construction at its Kobada Gold Project in Mali following a positive Final Investment Decision, while securing a US$83.5 million financing package to support development.