Latest Kanyika Niobium Project News

Globe Metals & Mining has completed compensation payments to all 203 households affected by Phase 1 of its Kanyika niobium project in Malawi, clearing a major land-access milestone. The company now targets initial pit opening, mining and stockpiling in the coming weeks, while relocation and cultural heritage work remain unfinished.

Globe Metals and Mining has completed a bullish bankable feasibility study for its Kanyika niobium project, but the company still needs substantial funding to reach production. A proposed Sinomine transaction and a September mining-development deadline add urgency to the next phase.

Globe Metals & Mining says 243 members of the Kanyika community have withdrawn long-running legal proceedings in Malawi, removing a historical contingent liability tied to the project. The development improves certainty around Kanyika, but land access still depends on a separate compensation and resettlement process.

Globe Metals & Mining has locked in a US$600,000 unsecured working capital facility from director Bo Tan, adding short-term financial flexibility as it advances its Kanyika Niobium Project.

Globe Metals & Mining’s 2026 Bankable Feasibility Study for the Kanyika Niobium Project in Malawi confirms robust economics, a 24-year mine life, and a strategic phased development approach.

Globe Metals & Mining has secured A$8.67 million through private placements, eliminated all debt, and commenced construction at its fully permitted Kanyika Niobium Project in Malawi, marking a pivotal shift from feasibility to execution.

Globe Metals & Mining has officially started construction at its fully permitted Kanyika Niobium Project in Malawi, marking a key shift from planning to execution with first oxide production targeted for early 2028.

Globe Metals & Mining has issued over 56 million shares to Director Bo Tan, settling nearly all of an outstanding loan and achieving a fully debt-free status. This financial milestone positions the company strongly for advancing its Kanyika Niobium Project.

Globe Metals & Mining has completed a significant A$8.67 million private placement, issuing shares and options to key investors to advance its Kanyika Niobium Project in Malawi.

Globe Metals & Mining advances its Kanyika Niobium Project with a regulatory extension, licence expansion to new critical minerals, and a significant capital raise, positioning the company for its next development phase.

Globe Metals & Mining has completed the first tranche of its $8.67 million placement, raising $6.96 million and converting $540,000 of convertible loans to equity, significantly reducing its debt ahead of the Kanyika Niobium Project’s Final Investment Decision.

Globe Metals & Mining has raised $8.67 million through a strategic two-tranche placement, strengthening its financial position to advance the Kanyika Niobium Project towards substantial mining operations and final investment decision.