Latest West Africa News

Dalaroo Metals has secured an option to acquire up to 80% of the Bongouanoa Gold Project in Cote d’Ivoire, tapping into a richly mineralised region with strong historical drill results and high-grade gold anomalies.

Desert Metals has confirmed several high-priority gold targets at its King Kong prospect in Côte d’Ivoire following extensive geophysical and auger sampling programs. A significant +5,000m diamond drilling campaign is set to begin in June 2025 to test these promising zones.

Robex Resources Inc., a Canadian gold explorer and producer with key assets in West Africa, has launched a fully underwritten initial public offering (IPO) on the ASX to raise A$120 million. The capital will primarily support the development of its advanced Kiniero Gold Project in Guinea, alongside ongoing operations at the Nampala Mine in Mali.

Resolute Mining faces uncertainty over its Guinea exploration permits amid unconfirmed reports of revocation, while negotiating their transfer to AngloGold Ashanti.

Asara Resources assures investors its Kada Gold Project permits remain intact despite Guinea’s recent revocation of over 120 exploration permits. Drilling has already commenced, signaling continued progress.

Equatorial Resources Limited has refuted media reports claiming the Guinea government cancelled its Nimba Alliance iron ore exploration permits, stating no formal communication has been received and that it is actively seeking clarity.

Volt Resources Limited has had its trading suspension lifted following a key announcement about its mineral exploration tenements in Guinea, signaling renewed investor interest.

Volt Resources Limited addresses recent media speculation about the potential cancellation of its mining licences in Guinea, confirming no formal notice has been received and engagement with authorities is underway.

Atlantic Lithium has announced the discovery of spodumene pegmatite with high-grade lithium assays at its Agboville and Rubino licences in Côte d’Ivoire, marking a significant expansion beyond its flagship Ghana project.

DeSoto Resources has expanded gold-in-soil anomalies at its Timbakouna project to 3.7km and identified new zones at Dadjan, while progressing power auger drilling across multiple sites in Guinea’s Siguiri Basin.

First Au Limited has entered a binding term sheet to progressively acquire full ownership of the Nimba Gold Project in Liberia, backed by a planned A$1 million equity raise to fund exploration. The project’s proximity to a major West African gold mine and promising drill results position FAU for a strategic expansion into a stable, mining-friendly jurisdiction.

Lindian Resources has assured investors that its bauxite projects in Guinea remain untouched by recent government mining license cancellations, underscoring stable progress despite regulatory upheaval.