Latest Guinea News

Resolute Mining has reported a substantial 60% increase in its gold Mineral Resources and a 55% rise in Ore Reserves, driven by strategic acquisitions and exploration success across West Africa. The Doropo project in Côte d’Ivoire now anchors over a third of the company’s reserves, signaling a new growth phase.

Brisbane Broncos Limited has reported a robust 2025 financial year, with profit before tax soaring 35% to $11.34 million, buoyed by premiership wins in both the NRL and NRLW competitions. The club also declared a special dividend, reflecting its strong commercial and community momentum.

Kina Securities Limited reported a 20% increase in statutory net profit after tax to PGK 120.7 million for 2025, driven by strong revenue growth and loan book expansion. The bank declared a higher final dividend and anticipates continued earnings growth in 2026 amid favourable economic conditions and tax cuts.

Resolute Mining has outlined its 2026 production guidance targeting up to 275,000 ounces of gold and revealed ambitious plans to more than double output by 2028 through key African project expansions.

BSP Financial Group has reported a robust 12.9% increase in net profit for 2025, underpinned by strong revenue growth and strategic restructuring, including converting its Fiji branch into a wholly owned subsidiary.

St Barbara Limited has increased its gold Mineral Resources by 1 million ounces to 7.9 million ounces as of December 2025, while reporting silver Mineral Resources and Ore Reserves for the first time at its Simberi Operations.

Asara Resources reports a significant 54m intercept at 2.3 g/t gold from its Massan deposit in Guinea, confirming a high-grade northeast structural extension and expanding the inferred resource footprint.

Perseus Mining reported a 5% revenue increase to US$608.5 million for the half-year ended December 2025, despite an 8% drop in net profit and a 26% decline in gold production. The company declared a steady interim dividend and outlined ongoing operational challenges and corporate restructuring.

NGE Capital Limited reported a remarkable 148% increase in profit after tax for the year ended 31 December 2025, driven by strong gains in uranium and mining investments. The company’s net tangible asset backing per share rose 25.7%, reflecting robust portfolio performance amid a volatile macroeconomic backdrop.

Mitchell Services Limited reported a solid half-year performance with revenue up 3% to $102.4 million and EBITDA soaring 69% to $21.4 million, returning to profit after a prior loss. The company declared a fully franked 4 cent dividend, reflecting strong cash flow and disciplined capital management.

Pacific Lime and Cement has locked in a long-term quicklime supply deal with Newmont, anchoring Papua New Guinea’s first domestic quicklime manufacturing project and advancing local industry development.

Qube Holdings has inked a scheme implementation deed with a Macquarie Asset Management-led consortium, valuing the company at approximately $11.7 billion and offering shareholders a 27.8% premium. The deal, subject to regulatory and shareholder approvals, sets the stage for a significant shift in the Australian logistics landscape.