Latest Mauritania News

Zeus Resources has moved Diaguili from acquisition target to drill campaign, securing a 51% interest and defining a 1.7km untested conductor in southern Mauritania. The company will start a 1,200m diamond programme in November, while historical drilling results remain unverified and the project permit approaches renewal.

Zeus Resources has secured a 51% interest in the Diaguili copper-gold project in Mauritania and assumed management after completing the first tranche of its acquisition. Drilling is expected to begin during the current quarter, giving the company a near-term test of the project’s exploration case.

Aura Energy’s Tiris uranium project has emerged from its bankable feasibility study with a US$500.3 million post-tax NPV and a target to produce by the end of 2028. The economics are substantial, but the funding package is not secured and nearly one-third of the mine plan relies on Inferred Resources.

Zeus Resources has reported high-grade surface antimony results in Morocco while moving to acquire a copper-gold project in Mauritania. The exploration story is advancing, but the audited accounts flag a material uncertainty over the company’s ability to continue as a going concern.

Zeus Resources has completed due diligence on its Diaguili copper-gold project in southern Mauritania after regulators validated the environmental notice for exploration. The company will now proceed to the first completion stage of the acquisition, with historical drilling providing the project’s main technical attraction but also its principal qualification.

Aura Energy has locked in a commercially proven processing flowsheet for its Tiris Uranium Project and signed a non-binding MOU with a major nuclear utility, aiming for a binding agreement and Final Investment Decision by year-end 2026.

Zeus Resources (ASX:ZEU) is set to acquire the Diaguili copper-gold project in Mauritania for US$2 million, backed by a fully funded $2 million placement. The shallow historical drilling shows promising copper grades, with mineralisation open at depth and along strike.

Aura Energy has secured a strategic non-binding MOU with a major international nuclear utility, underpinning funding and technical collaboration for its Tiris Uranium Project in Mauritania. The company has locked in a robust processing flowsheet and aims for a Final Investment Decision by the end of 2026.

Aura Energy has postponed its strategic transaction for the Häggån project due to an ongoing Swedish government inquiry into alum shale mining and current market conditions, while retaining full ownership and commitment to the project.

Aura Energy has successfully raised A$20 million through a share placement, while ongoing confidential negotiations aim to secure critical offtake agreements for its uranium and polymetallic projects.

Aura Energy has successfully raised A$20 million through a heavily oversubscribed placement, aiming to accelerate development at its Tiris Uranium Project amid rising global uranium demand.

Aura Energy advances its Tiris Uranium Project in Mauritania and secures strategic investment for its Häggån Polymetallic Project in Sweden following the lifting of Sweden’s uranium mining ban.