Latest Tunisia News

PhosCo has paired a non-binding development partnership with a proposed $1.4 million investment from Tunisia’s STUDI International, giving the Gasaat project a local engineering partner as feasibility work approaches. The funding and collaboration remain subject to formal documentation, leaving execution as the next test.

PhosCo has extended mineralisation at its DOH prospect and made a new phosphate discovery at Sekarna North in Tunisia. The results are encouraging, but assays remain pending and the reported widths are reconnaissance-stage intersections rather than resource estimates.

PhosCo has expanded its Gasaat phosphate project with a 166.6Mt resource and new processing results, but its auditor has flagged material uncertainty over the company’s ability to continue as a going concern. The ASX-listed explorer ended FY2026 with $5.86 million in cash, a $4.48 million consolidated loss and a $2.71 million working capital deficit.

PhosCo Ltd has achieved a metallurgical breakthrough at its Gasaat Phosphate Project, producing premium-grade phosphate concentrate with a simplified flotation process, potentially unlocking significant price premiums.

PhosCo Ltd’s maiden drilling at the KH prospect within its Gasaat Phosphate Project in Tunisia has delivered wide, high-grade phosphate intersections close to the proposed plant, promising to enhance early project economics.

PhosCo Ltd has expanded its Gasaat phosphate resource to 166.6 million tonnes at 20.6% P2O5, unveiled new discoveries, and achieved a metallurgical breakthrough that simplifies processing, positioning the project for a Bankable Feasibility Study in late 2026.

PhosCo Ltd has received A$1.1 million from the European Bank for Reconstruction and Development and an additional A$0.6 million from early option exercises, strengthening its cash position ahead of a pivotal updated scoping study for its Gasaat Phosphate Project.

PhosCo has uncovered a substantial new phosphate zone at its KH prospect near the Gasaat plant site in Tunisia, confirming thick, shallow mineralisation that could enhance early production economics. Assays are pending ahead of a maiden resource estimate.

PhosCo Ltd has unveiled significant drilling success at its Gasaat phosphate project in Tunisia, highlighting a new major discovery at the DOH prospect with substantial phosphate mineralisation and reinforcing Gasaat's emergence as a world-scale resource.

PhosCo Ltd reveals a simplified single-stage flotation process for its Gasaat Phosphate Project that promises lower costs and reduced complexity, boosting prospects ahead of its Q3 2026 scoping study update.

PhosCo Ltd has delivered maiden Mineral Resource Estimates for the KM and SAB phosphate deposits at its Gasaat Project in Tunisia, adding 20.2 Mt at 20.5% P₂O₅ and lifting the total resource to 166.6 Mt. The shallow, low-strip deposits promise improved early production and underpin an updated scoping study due in Q3 2026.

PhosCo Ltd has reported rock chip assays up to 21.3% copper and 100 g/t silver from the King’s Eye prospect within its Simitu Project in northern Tunisia, alongside geophysical evidence of sulphide mineralisation at depth warranting immediate follow-up.