Latest Guinea News

Canterbury Resources has completed a positive Scoping Study for its Briggs Copper Project, confirming a large-scale mineral resource and committing to a Pre-feasibility Study. The company also raised $1.24 million via a Share Purchase Plan during the quarter.

Robex Resources has achieved a significant milestone with the first gold pour at its Kiniero Gold Project in Guinea, while securing strong shareholder backing for its merger with Predictive Discovery Limited.

Geopacific Resources advances its Woodlark Gold Project with strong drilling results and steady progress on its Definitive Feasibility Study, positioning the project for development readiness.

RTG Mining is advancing swiftly towards a near-term start-up of its high-grade Mabilo Copper and Gold Project in the Philippines, supported by a full financing agreement with Glencore. Meanwhile, promising exploration results from the Chanach Project in Kyrgyzstan and ongoing engagement in Bougainville signal a diversified growth pipeline.

VBX Limited has announced significant enhancements to its Wuudagu Bauxite Project, increasing mining rates and securing $2 million in funding to support an expanded feasibility study.

Taruga Minerals has taken a major step forward with a 12-month option to acquire two promising Papua New Guinea projects, backed by a $1.5 million capital raise to accelerate exploration efforts.

Equatorial Resources has completed the final hearing in its high-stakes arbitration against the Republic of Congo and is pursuing clarity on permit cancellations in Guinea, all while maintaining a solid cash reserve.

Augustus Minerals has expanded its gold exploration footprint at Music Well and is preparing for drilling, while progressing key licence applications in Papua New Guinea. Leadership changes and financial positioning signal a pivotal phase ahead.

Predictive Discovery Limited and Robex Resources have secured shareholder approval for their merger, aiming to create a leading mid-tier gold producer in West Africa with combined production exceeding 400,000 ounces annually by 2029.

St Barbara Limited has secured a crucial extension of its mining lease for the New Simberi Gold Project until 2038, setting the stage for strategic investments and a significant production increase.

St Barbara Limited reports strong feasibility outcomes for its New Simberi Gold Project and Nova Scotia developments, backed by significant strategic investments and regulatory approvals.

DeSoto Resources has advanced its exploration in Guinea’s Siguiri Basin with a new JV alongside Fortuna Mining and impressive high-grade gold intercepts, supported by a recent $14 million capital raise.