Latest West Africa News

Toubani Resources has locked in a binding commitment for a US$73.3 million senior debt facility from Coris Bank to fund its Kobada Gold Mine construction, advancing its financing package amid strong cash reserves.

Enegex Limited has kicked off a 3,000-3,500m RC drilling campaign at its Gogo Project in Côte d’Ivoire, targeting three key zones along the Bonoubana trend. Encouraging aircore results from the AW1 and Kalama Bave prospects on the Tougbe Permit highlight multiple mineralised zones with notable gold intercepts.

Resolute Mining’s scoping study for its ABC Project in Côte d’Ivoire outlines a robust 12-year open pit gold operation with strong economic metrics, including a post-tax NPV of US$1.2 billion and a 39% IRR at US$3,500/oz gold.

MetalsGrove Mining has defined two extensive gold anomalous trends at its Fifty-Five Prospect in Côte d’Ivoire, setting the stage for infill sampling and auger drilling during the upcoming wet season.

Turaco Gold has delivered strong drilling results at its Afema Gold Project, extending mineralisation and supporting resource growth ahead of the June 2026 Pre-Feasibility Study.

Dalaroo Metals has completed a major soil geochemistry program covering a 9km gold corridor at its Bondoukou project in Côte d’Ivoire, setting the stage for maiden drilling after assay results.

Asara Resources has raised $60 million through a strongly supported institutional placement to fast-track drilling and development at its flagship Kada Gold Project in Guinea.

Asara Resources has appointed CEO Matthew Sharples as Managing Director, underscoring his leadership as the company pushes ahead with exploration at its flagship Kada gold project in Guinea.

Dalaroo Metals completed full acquisition of its Greenland Blue Lagoon Project, confirming a district-scale critical minerals system, while advancing high-grade gold exploration in Côte d’Ivoire with drill-ready targets and expanding investor access via a US OTCQB listing.

Toubani Resources has kicked off construction at its Kobada Gold Project in Mali following a positive Final Investment Decision, while securing a US$83.5 million financing package to support development.

Enegex Limited has defined a large, shallow gold system at its Kalama Bave prospect in Côte d’Ivoire, with high-grade intercepts from aircore drilling and a new gold zone identified nearby. A $10.2 million capital raise supports ongoing exploration including a planned 3,000m RC program at Gogo.

Aurum Resources has boosted its total gold resources to 4.2 million ounces across two Côte d’Ivoire projects, supported by ongoing drilling and a strategic placement led by Perseus Mining. The company’s strong cash position and board strengthening set the stage for upcoming feasibility milestones.