Latest Ghana News

Cassius Mining reported a deeper FY2026 loss, negative net assets and a material uncertainty over its ability to continue as a going concern. The company is relying on further funding, a possible Ghana arbitration award and progress at its Soalara limestone project to support its next phase.

Tribune Resources delivered a sharply stronger FY2026 result, with revenue up 28.4% and profit attributable to shareholders rising to $75.7 million. The result was helped by a $35.0 million reversal of the prior Raleigh impairment, while operating cash flow and year-end cash both fell.

Castle Minerals has reported a $3.23 million net loss for FY2026, with its auditor highlighting material uncertainty over the explorer’s ability to continue without further capital or spending cuts. The company is redirecting its portfolio towards gold assets in Côte d’Ivoire and Western Australia, backed by a partly completed $4 million post-year-end placement.

Bounty Oil & Gas NL (ASX:BUY) is pursuing a 2,322 km² deepwater exploration block offshore Liberia, backed by a $3.55 million placement and major vendor-linked securities. The opportunity remains conditional: the block has no executed production sharing contract, no independent resource estimate and has not yet been reviewed directly by Bounty.

Atlantic Lithium has secured Australian foreign investment approval for Zhejiang Huayou Cobalt’s proposed acquisition, removing one condition to the scheme. Shareholder, court and other regulatory approvals are still required before the transaction can complete.

Dyno Nobel has reaffirmed its FY26 outlook and retained its A$600 million FY28 underlying EBIT ambition, while setting a new A$800 million target for FY31. The explosives maker is positioning defence energetics, premium technology and growth in mining markets as the next leg of expansion.

Atlantic Lithium has reported a year of major progress at its Ewoyaa lithium project, including Ghanaian parliamentary approval of its mining lease and a proposed US$210 million takeover by Zhejiang Huayou Cobalt. But the audited accounts also flag material uncertainty over funding if the scheme does not proceed.

Castle Minerals has raised $4 million through a share placement to fast-track exploration at its Nielle Gold Project in Côte d'Ivoire and support its Western Australian portfolio. The funding positions Nielle as the company’s flagship asset with near-term drilling plans underway.

Elevra Lithium posted a $44 million profit in FY26 after merging Sayona Mining and Piedmont Lithium, overcoming temporary mining challenges and securing full funding for the North American Lithium expansion.

Advanced Braking Technology Ltd (ASX: ABV) posted a 22.7% revenue increase to $23.48 million and a 16.6% rise in net profit after tax to $2.075 million for FY26, driven by international expansion and advances in autonomous braking technology.

Lycopodium Limited reported a solid FY26 with $377.5 million revenue, a slight profit dip, and a 69% dividend hike, while setting sights on accelerated growth in the Americas.

Cassius Mining has secured $2.025 million through a well-supported placement at a 16.67% discount, aiming to fund its Soalara Limestone Project in Madagascar and ongoing arbitration against Ghana.