Latest Guinea News

Santos Limited has received a compelling non-binding proposal from the XRG Consortium to acquire the company at a significant premium, prompting the board to engage in due diligence and negotiations. This move could reshape the Australian energy landscape if finalized.

Tolu Minerals has launched a major exploration campaign targeting historically rich gold veins near the Tolukuma Gold Mine in Papua New Guinea, aiming to expand its mineral resources with drilling planned for Q3 2025.

ENRG Elements Limited announces significant board reshuffle, appointing seasoned mining executives to key leadership roles while two directors resign.

Robex Resources confirms steady progress on its Kiniero Gold Project in Guinea, maintaining schedule and budget for first gold production in late 2025.

Asara Resources has received a significant cash payment from Teck Resources Chile following the resolution of a legal dispute, marking a key milestone in their joint venture for the Loreto Copper Project.

DeSoto Resources has commenced earthworks and is preparing to launch its maiden drilling program at the Spectrum REE-Au-Cu Project in the Northern Territory, targeting promising copper, gold, and rare earth element prospects.

Geopacific Resources has reported impressive high-grade gold assay results from surface auger sampling at its Woodlark Gold Project, extending known mineralisation and setting the stage for a substantial 30,000-metre drilling campaign.

St Barbara Limited is set to acquire a substantial 14.4% holding in Geopacific Resources by exchanging its Patronus shares, aligning two key players in Papua New Guinea’s gold sector. This strategic move could reshape development prospects for the Woodlark Gold Project.

St Barbara Limited is set to exchange its Patronus Resources shares for a significant stake in Geopacific Resources, aligning with its active portfolio management strategy and deepening ties to Papua New Guinea mining projects.

St Barbara Limited reports significant extensions of gold anomalies on Southwest Tatau Island, PNG, with rock chip samples hitting up to 22.5 ppm gold and soil anomalies now spanning 7.3 square kilometres, rivaling nearby Simberi Island.

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.

Volt Resources has reshaped its executive team to sharpen focus on downstream graphite refining and advanced materials, appointing Trevor Matthews to its board while repositioning CEO Prashant Chintawar.