Latest Mali News

Toubani Resources reports rapid earthworks progress and equipment deliveries at Kobada Gold Project, maintaining its target for first gold in Q3 2027.

Resolute Mining’s Syama gold mine in Mali faces production setbacks in Q2 2026 due to security-driven logistical disruptions, pushing output below forecast while maintaining full-year guidance near the lower end.

Haranga Resources has wrapped up its Phase 3 Reverse Circulation drilling at Senegal’s Ibel South, revealing pervasive hydrothermal alteration and pyrite mineralisation consistent with a Birimian-style gold system. Assay results expected by end June will determine the next exploration steps.

Marvel Gold has kicked off a 5,000-metre Reverse Circulation drilling campaign at its Hanang Gold Project in Tanzania, aiming to test high-priority structural gold targets with rapid PhotonAssay analysis.

Castle Minerals has locked in a 90% stake in the Nielle Gold Project, a high-grade asset in a prolific West African gold belt, while planning to divest its Ghanaian holdings and rebrand as TerraNova Metals.

Toubani Resources has locked in a binding commitment for a US$73.3 million senior debt facility from Coris Bank to fund its Kobada Gold Mine construction, advancing its financing package amid strong cash reserves.

Toubani Resources has kicked off construction at its Kobada Gold Project in Mali following a positive Final Investment Decision, while securing a US$83.5 million financing package to support development.

Marvel Gold has completed an extensive drone magnetic survey at its Hanang Gold Project in Tanzania, revealing new mineralisation corridors and preparing to launch its first drilling campaign. Meanwhile, the company is exiting Mali due to regulatory hurdles, progressing the sale of its Yanfolila project.

Predictive Discovery and Robex Resources have completed all merger steps except the final administrative confirmation from Quebec, bringing the combined West African gold producer closer to operational integration.

Predictive Discovery Limited (ASX: PDI) and Robex Resources Inc. (ASX: RXR) have confirmed their merger is unconditional and moving to implementation, forming a significant West African gold producer with combined assets targeting over 400,000 ounces of gold production annually by 2029.

Robex Resources Inc. has released its Q1 2026 production update, with Kiniero Gold Mine in Guinea producing 39,367 ounces of gold following commercial production commencement in February. The company’s cash and bullion holdings rose to US$255 million.

Toubani Resources has officially commenced construction at its Kobada Gold Project in Mali, marking a pivotal step towards first gold production targeted for late 2027.