Latest Guinea News

The Calmer Co. has locked in an exclusive global distribution agreement for its kava extract ingredients, underpinning a potential A$25 million revenue stream over three years across key markets including the US and ASEAN.

Monadelphous has won new construction and maintenance contracts exceeding $110 million, extending its footprint in Papua New Guinea and Western Australia with projects set to run through 2028.

The Calmer Co. has pushed back the closing date of its $3.5 million renounceable entitlement offer to give shareholders more time to participate, including those overseas.

The Calmer Co. has secured a long-term supply agreement for premium noble kava from Papua New Guinea and Vanuatu, underpinning its manufacturing growth and diversified Pacific sourcing network.

DeSoto Resources has restarted a 10,000m power auger drilling program and launched a 6,262-line kilometre airborne geophysical survey across multiple projects in Guinea’s Siguiri Basin following government approval after a pause due to illegal mining enforcement.

Monadelphous has secured a $200 million contract from BHP to deliver key infrastructure works at the Nelson Point Port Facility in Port Hedland, signalling a significant boost for its engineering construction division.

Taruga Minerals' preliminary metallurgical testwork at the Weioko Gold Deposit reveals free-milling gold with recoveries exceeding 90% across grades, and silver emerging as a significant co-product, setting a solid technical foundation for upcoming drilling.

VBX Limited has secured crucial environmental approvals to optimise its Wuudagu bauxite project and signed a $10 million indicative prepayment and offtake facility, alongside a framework agreement with a major Chinese aluminium group, amid robust market demand.

Asara Resources secured a A$60 million placement to fund an intensified drilling campaign at its flagship Kada Gold Project in Guinea, reporting significant high-grade gold intercepts and key leadership appointments to drive its growth strategy.

Predictive Discovery reported a 33% increase in gold production to 64,026 ounces in Q2 2026, driven by Kiniero’s operational ramp-up and advancing development at the Bankan project.

Augustus Minerals reported promising gold assay results at its Music Well project, alongside progress in Papua New Guinea exploration and a $2.5 million capital raise featuring Gold Fields’ backing.

Perseus Mining reported a robust June quarter with 109,013 ounces of gold produced at an AISC of US$1,941/oz, record FY26 cashflows of US$769 million, and Nyanzaga Gold Project 67% complete on track for January 2027 production.