Latest African Mining News

Tyranna Resources has completed initial steps to acquire a majority interest in Angola’s Maongo Copper-Gold Project, complementing ongoing lithium exploration at Namibe. The company is poised to restart mining activities dormant since the 1960s, backed by a solid cash position and strategic regional assets.

Wia Gold Limited has reported a substantial 38% increase in its Kokoseb Gold Project resource to 2.93 million ounces, with a majority now classified as Indicated, underpinning ongoing scoping study progress and further exploration in Namibia and Côte d’Ivoire.

Theta Gold Mines Limited has provided a comprehensive update on its Transvaal Gold Mining Estates project, targeting first gold production by early 2027 with a robust feasibility study and secured cornerstone funding.

Askari Metals has identified significant high-grade copper mineralisation in historic drilling at its newly acquired Nejo Gold Project in Ethiopia, revealing promising exploration upside in a prolific mineral belt.

West African Resources has achieved its first gold pour at the Kiaka project while maintaining solid production at Sanbrado, positioning the company well to meet its 2025 targets.

Castle Minerals reports strong gold intersections and expanding mineralisation at its Bundi prospect within the Kpali Gold Project, signalling promising exploration progress in northern Ghana.

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.

Castle Minerals has reported strong extensions of high-grade gold mineralisation at its Kpali prospect in Ghana, confirming continuity of two major lodes from a recent 23-hole drilling program. Follow-up drilling and exploration are planned to build on these promising results.

Perseus Mining outlines a robust five-year gold production plan targeting up to 2.7 million ounces with stable costs and strong cash margins, backed by major projects in Africa.

Theta Gold Mines has landed a US$35 million loan from South Africa’s Industrial Development Corporation, marking a key funding milestone for its TGME Underground Gold Mine Project.

Marvel Gold Limited has signed a binding agreement to sell its Mali gold assets to Anchises Capital for AUD 1.65 million, marking a strategic shift towards new growth opportunities in Tanzania.

Robex Resources Inc., a Canadian gold explorer and producer with key assets in West Africa, has launched a fully underwritten initial public offering (IPO) on the ASX to raise A$120 million. The capital will primarily support the development of its advanced Kiniero Gold Project in Guinea, alongside ongoing operations at the Nampala Mine in Mali.