Latest Guinea News

Tolu Minerals has secured a key exploration license in Papua New Guinea, revealing five fresh copper-gold targets from advanced airborne geophysics, while appointing renowned porphyry expert Doug Kirwin to its advisory board.

Dalaroo Metals has appointed industry veteran Chris Connell as CEO, aiming to leverage his extensive exploration and capital markets expertise to advance its asset portfolio and growth strategy.

Augustus Minerals has executed a binding agreement to acquire a company holding a contested third in line licence application for the Mt Kare Gold Project in Papua New Guinea, a site with a historic resource of over 2 million ounces of gold. The acquisition positions Augustus to actively pursue tenure in a competitive and complex licensing environment.

DeSoto Resources has expanded its gold-in-soil anomaly at the Dadjan Gold Project to 3.6km and reported promising high-grade gold zones at Timbakouna, reinforcing the prospectivity of its extensive landholdings in Guinea’s Siguiri Basin.

Asara Resources has amicably settled its legal dispute with joint venture partner Costa Rica Dos over the Loreto Copper Project in Chile, paving the way for clearer project ownership and collaboration.

Geopacific Resources has identified 14 untested porphyry copper-gold targets at its Woodlark Island Gold Project, signaling a new phase of exploration beyond its established epithermal gold focus.

DMC Mining Limited has extended the closing date for its public share offer to August 2025 due to delays in securing exploration licences for its key Guinea projects. The company plans further regulatory updates to accommodate these changes.

DeSoto Resources is set to commence a major drilling campaign across its dominant landholdings in Guinea’s prolific Siguiri Basin, leveraging historic high-grade gold results and a seasoned exploration team to unlock new discoveries.

Legacy Minerals has reported compelling new assay results from historic diamond drilling at its Drake Project in NSW, confirming broad, high-grade gold and base metal mineralisation that supports resource growth and robust economics.

Resolute Mining has acquired AngloGold Ashanti’s Doropo and ABC gold projects in Côte d’Ivoire for US$150 million plus contingent payments, significantly boosting its resource base and positioning for production growth beyond 500,000 ounces annually by 2030.

Resolute Mining has agreed to acquire the Doropo and ABC gold projects in Côte d’Ivoire from AngloGold Ashanti for US$150 million, significantly boosting its production profile and expanding into a new mining jurisdiction.

Santos Limited's 2024 Annual Report reveals a 5% drop in production and a 9% revenue decline, yet highlights progress in carbon capture and storage and emissions reduction targets.