Latest African Projects News

Atomic Eagle’s largest shareholder has irrevocably committed to exercise 35.1 million options, giving the uranium developer a potential $10.9 million cash injection before the options expire. The company says the proceeds could fund its Zambia and Niger growth strategy through 2028 without near-term equity financing.

Dalaroo Metals has kicked off a fully funded 12,000-metre RC drilling campaign at its Bondoukou Gold Ridge Project in Côte d’Ivoire, targeting a 7 km gold-in-soil corridor with multiple high-grade prospects and promising early geological signs.

Noronex Ltd has secured a major foothold in the US critical minerals sector by acquiring the Sleitat Tin-Tungsten-Silver Project in Alaska, featuring a substantial historic tin estimate and promising exploration upside.

Askari Metals has completed data compilation at its Nejo Gold and Copper Project, setting the stage for a 5,000m maiden drilling campaign targeting high-grade gold and copper. Meanwhile, trenching at its Uis Project in Namibia reveals robust polymetallic mineralisation, including tin, tantalum, lithium, rubidium, and caesium, underpinning plans for RC drilling later this year.

Elevra Lithium delivered a strong March 2026 quarter with record revenues, operational improvements at North American Lithium, and progress on multiple growth fronts, supported by a robust cash position.

Kinetiko Energy is advancing a staged development strategy to unlock its 6 trillion cubic feet gas resource in South Africa, targeting first revenues within 18 months through a capital-efficient, risk-managed approach.

Resolute Mining has outlined its 2026 production guidance targeting up to 275,000 ounces of gold and revealed ambitious plans to more than double output by 2028 through key African project expansions.

Perenti Limited reported steady half-year revenue of $1.73 billion with a 10.9% increase in net profit, underpinned by a $300 million Dalgaranga contract and growing drilling services in the US. The company also announced an unfranked interim dividend and a CEO transition underway.

Orion Minerals has been selected for the prestigious 2026 BHP Xplor accelerator program, receiving US$500,000 in equity-free funding and access to BHP’s global expertise to advance its South African exploration projects.

Resolute Mining’s Q3 2025 report reveals steady gold production tempered by seasonal and supply challenges, while major projects in Mali, Senegal, and Côte d’Ivoire progress on schedule with expanding resources.

Theta Gold Mines has launched a $2 million Share Purchase Plan at a discounted price of $0.21 per share, inviting eligible shareholders to invest in the advancement of its flagship TGME Gold Project in South Africa.

Resolute Mining has agreed to support the sale of its 31.45 million shares in Loncor Gold to Chengtun Mining Group for C$1.38 per share, a move that will strengthen its balance sheet and accelerate key African projects.