Latest Republic Of Congo News

Toubani Resources has pushed construction and exploration forward at its Kobada Gold Project in Mali, backed by a US$208 million funding package and high-grade drilling results that support an upcoming resource update.

Alliance Nickel has kicked off vat leach testing at its NiWest Nickel-Cobalt Project, aiming to slash capital costs, while raising $2.4 million through a partial entitlement offer and extending loan facilities to mid-2027.

Toubani Resources has completed its acquisition of a near 20% equity interest in Avanti Gold by issuing shares and options, extending its footprint beyond Mali into the Democratic Republic of Congo gold sector.

Island Pharmaceuticals is progressing its broad-spectrum antiviral Galidesivir amid a severe Ebola outbreak, securing government approvals in Uganda and outlining a dual clinical and regulatory development pathway targeting multiple deadly filoviruses.

Tyranna Resources is divesting its Namibe Lithium and Caesium Project in Angola to Sinomine Resource for US$1.44 million, redirecting capital to its newly acquired Chinguar Gold Project.

Kore Potash has updated shareholders at its 2026 AGM that its formal sale process now involves two parties after one withdrew earlier this year. The company cautions that no offers are guaranteed.

Toubani Resources (ASX: TRE) is acquiring a near 20% equity interest in Avanti Gold (CSE: AGC) via a share swap, gaining exposure to the Misisi Gold Project in the DRC with a 3.1 million ounce inferred resource.

Cobalt Blue Holdings and Glomar Minerals have shortlisted four US sites and begun testwork for Project Infinity, aiming to build the first commercial polymetallic nodule refinery in the United States.

Flynn Gold has ramped up its diamond drilling program at the Firetower Gold-Tungsten Project in northern Tasmania, expanding from three to ten holes totalling 1,600 metres. The move aims to test high-grade extensions and support a maiden Mineral Resource Estimate amid critical mineral supply pressures.

Kore Potash made steady progress on its Kola Potash Project in Q1 2026, completing key marine and topographic studies while navigating design revisions and ongoing financing talks. The company’s formal sale process continues with one bidder remaining active and cash reserves at US$8.3 million.

Equatorial Resources has completed its final arbitration submissions against the Republic of Congo with a final ICSID award expected in the first half of 2027. Meanwhile, the company continues to seek clarity on the status of its iron ore exploration permits in Guinea amid ongoing regulatory uncertainty.

Heavy Rare Earths Limited (ASX:HRE) is set to kick off its maiden drilling campaign at the South Ridge tin project in Prospect Hill, South Australia, following environmental approvals and cultural heritage clearances. The ~2,500m program aims to define a maiden resource against a backdrop of surging global tin prices and recent weather-related delays.