Latest West Africa News

Toubani Resources has locked in Corica Mining Services to handle mining operations at its Kobada Gold Project in Mali, advancing the project towards production with mobilisation set for late 2026 and first ore expected by mid-2027.

Resolute Mining is set to receive A$77 million by the end of June 2026, marking full repayment of the Vendor Financing Promissory Note tied to its 2020 sale of the Ravenswood Gold Mine. This cash inflow bolsters the company’s financial flexibility as it advances its West African growth projects.

Altair Minerals has completed the second tranche of a premium priced placement, raising a total of A$28.2 million from Endeavour Mining, which now holds a 9.9% stake. The funds boost Altair’s treasury to about A$38 million, underpinning an expansive multi-year exploration push in Guyana.

Lycopodium Limited has landed a A$196 million engineering and construction management contract for Resolute Mining’s Doropo Gold Project, marking a major expansion in West Africa.

Toubani Resources has delivered a fresh batch of high-grade gold intercepts from its Kobada Gold Project in Mali, reinforcing the project's potential as it gears up for a Mineral Resource Estimate update in Q3 2026.

Castle Minerals has secured a comprehensive historical exploration dataset worth over US$3 million for its Nielle Gold Project in Côte d'Ivoire, positioning the company for faster drill targeting and advancing the project towards maiden drilling.

Skylark Minerals has completed Phase 1 drilling at its M’Basso Prospect, defining a 750m mineralised strike and identifying a new eastern gold zone. Metallurgical tests show 95% gold extraction, supporting a straightforward processing route.

Turaco Gold’s pre-feasibility study for the Afema Gold Project in Côte d’Ivoire reveals a maiden 1.91 million ounce Probable Ore Reserve and robust project economics, underpinning a 10.3-year mine life producing over 2 million ounces of gold.

Dalaroo Metals has mapped a substantial 7-kilometre gold corridor at its Gold Ridge Project in Côte d'Ivoire, highlighted by a standout soil assay of 23.26g/t Au. The company is advancing with a 5,000m auger drilling program ahead of a fully funded +20,000m RC drilling campaign starting July 2026.

DeSoto Resources has kicked off a substantial 10,000-metre power auger drilling program at its Timbakouna Gold Project in Guinea, aiming to test beneath lateritic cover and build on historic high-grade gold intercepts.

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.