Latest West Africa News

Altair Minerals has unveiled an ambitious and fully funded 75,000m drilling program at its Greater Oko gold project in Guyana, marking one of the largest inaugural gold exploration campaigns in the country. The strategy targets multiple zones including South Oko, North Peters, and new regional prospects, backed by a robust cash position and enhanced operational capabilities.

Predictive Discovery Limited (ASX:PDI) is making a strategic US$10 million investment to acquire a 12.3% stake in Awalé Resources, targeting gold exploration growth in Côte d'Ivoire’s Odienné Project.

Toubani Resources has secured a US$208 million funding package combining a US$160 million gold stream and a US$48 million equity raise, ensuring Kobada Gold Mine construction stays on track for first gold in Q3 2027.

DeSoto Resources and Fortuna Mining’s joint venture High Guinea Gold has locked in a seven-project gold exploration package covering 591.43 square kilometres in Guinea’s prolific Siguiri Basin, marking a key step in their alliance’s expansion strategy.

Predictive Discovery's Kiniero mine in Guinea outperformed expectations in the June 2026 quarter, delivering gold production well above nameplate capacity and boosting combined output with Nampala to over 64,000 ounces.

Australian Mines (ASX: AUZ) has expanded its exploration footprint at the Boa Vista Gold Project in Brazil, uncovering 14 additional prospective gold targets beyond its flagship VG1 prospect. Four priority targets are advancing toward drill readiness as the company aims to evolve Boa Vista into a district-scale opportunity.

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.