Latest Guinea News

SunRice reported a 14% rise in net profit for the first half of FY26 despite a revenue dip, reaffirming its growth outlook and updating paddy price guidance amid a forecast drier season.

Augustus Minerals announces the sudden resignation of CEO Dr James Warren, with interim leadership stepping in as the company begins its search for a successor.

Pacific Lime and Cement Limited has secured a strategic advisory partnership with the International Finance Corporation to advance Papua New Guinea’s inaugural vertically integrated clinker and cement production project.

Taruga Minerals has entered a 12-month option to acquire two advanced gold and copper projects in Papua New Guinea, backed by a $1.5 million capital raise to fund exploration and resource development.

Robex Resources has reached a pivotal milestone at its Kiniéro Gold Project in Guinea by delivering first ore to the mill, setting the stage for first gold production expected this month.

Robex Resources and Predictive Discovery have amended their merger agreement, increasing the exchange ratio and reshaping ownership stakes, while postponing the shareholder vote to December 30, 2025. The deal aims to create a leading West African gold producer with significant growth potential.

Brazilian Rare Earths Limited’s scoping study confirms the Amargosa Bauxite-Gallium Project as a large-scale, capital-efficient direct-ship bauxite operation with robust economic returns and strategic market positioning.

St Barbara Limited has locked in A$470 million in funding through strategic partnerships with Lingbao Gold Group and Kumul Mineral Holdings, fully financing the Simberi Gold Project expansion and accelerating its development timeline.

St Barbara Limited has agreed to sell a 20% interest in its Simberi Gold Project to Papua New Guinea’s Kumul Mineral Holdings for A$100 million, forming a strategic joint venture that aligns with PNG’s resource ownership goals.

St Barbara Limited’s latest Feasibility Study confirms the Simberi Expansion Project as a long-life, low-cost gold and silver operation with robust economics and a 13-year mine life. The project promises over 2 million ounces of gold production and competitive costs, pending key regulatory approvals.

Tolu Minerals Limited has revealed significant progress at its Tolukuma Gold Mine in Papua New Guinea, targeting resource expansion and first production by mid-2026. The company’s extensive drilling campaign and new infrastructure promise to reshape its growth trajectory.

Pacific Lime and Cement Limited has formalised a pivotal Project Development Agreement with the Papua New Guinea government, marking a major step forward for its Central Lime and Cement Project and signalling strong sovereign support.