Latest Guinea News

Predictive Discovery Limited and Robex Resources Inc. have announced a merger to create Guinea’s leading gold producer, targeting over 400,000 ounces of annual gold production by 2029 from a combined resource exceeding 9 million ounces.

Predictive Discovery Limited and Robex Resources Inc. have announced a merger to create a leading mid-tier gold producer in West Africa, targeting over 400,000 ounces of annual production by 2029 from a combined resource exceeding 9 million ounces.

Predictive Discovery Limited and Robex Resources Inc. have agreed to merge, creating a major mid-tier gold producer in West Africa with combined production expected to exceed 400,000 ounces annually by 2029.

Predictive Discovery and Robex Resources have agreed to merge, creating a mid-tier gold producer in West Africa with expected output surpassing 400,000 ounces annually by 2029.

Brazilian Rare Earths Limited (ASX – BRE) has announced a maiden JORC-compliant Mineral Resource Estimate for its Amargosa Bauxite-Gallium Project in Bahia, Brazil, revealing a substantial deposit with high-quality bauxite and significant gallium content.

Gold Mountain Limited has increased its capital raise to $2 million by issuing nearly 30 million shares at a slightly higher price, lifting its voluntary trading suspension and reinforcing its exploration ambitions.

Gold Mountain Limited has voluntarily suspended trading on the ASX pending an announcement that will update the issue price of a recent capital raising placement.

DeSoto Resources has partnered with Fortuna Mining to form a $12.5 million joint venture targeting new gold exploration permits in Guinea’s prolific Siguiri Basin. The alliance leverages local expertise and significant funding to pursue large-scale discoveries.

St Barbara Limited forecasts a 21% increase in gold production for FY26 at its Simberi Operations, with costs expected between A$4,000 and A$4,400 per ounce. However, key capital investment decisions hinge on unresolved Papua New Guinea tax assessments and mining lease approvals.

Asara Resources reports strong initial drilling results at its Massan prospect within the Kada Gold Project, confirming high-grade gold continuity and new deeper mineralisation zones. The ongoing program aims to expand the resource footprint with further drilling planned.

DeSoto Resources has identified promising new gold anomalous zones at its Tole and Dadjan projects in Guinea, with soil and rock chip assays confirming widespread mineralisation ahead of maiden drilling programs.

Gold Mountain Limited has announced a fully underwritten $1.5 million entitlement offer alongside a $2 million placement to accelerate exploration activities in Brazil and Papua New Guinea. The capital raising, discounted by 40% to recent share prices, is underwritten by major shareholder José Luis Manzano, who may increase his stake to nearly 20%.