Latest West African Mining News

Perseus Mining reported a robust June quarter with 109,013 ounces of gold produced at an AISC of US$1,941/oz, record FY26 cashflows of US$769 million, and Nyanzaga Gold Project 67% complete on track for January 2027 production.

Aurum Resources has delivered a robust Pre-Feasibility Study and maiden Ore Reserve for its Boundiali Gold Project in Côte d’Ivoire, confirming a large-scale, economically compelling gold development targeting first production in early 2028.

Resolute Mining has lifted its ABC Project inferred gold resource to over 3 million ounces following extensive drilling, setting the stage for a $15-25 million feasibility push.

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.

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.

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.

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.

Many Peaks Limited has expanded the gold mineralisation strike at its Ferké Gold Project in Côte d’Ivoire to more than 1.1 kilometres, supported by strong assay results from recent drilling campaigns. This advancement highlights the potential for a significant increase in resource volume and open-pit reserve conversion at the Ouarigue prospect.

Skylark Minerals has sharpened its focus on gold exploration in Côte d’Ivoire, unveiling a robust 2026 drilling program at its flagship Zaranou Project. The company aims to expand its mineral resource and accelerate development in a Tier One West African jurisdiction.

Many Peaks Minerals has reported robust high-grade gold drilling results at its Ferké and Odienné projects in Côte d'Ivoire, alongside a solid financial footing with nearly A$13 million in cash and investments.

Toubani Resources has landed a credit-approved term sheet from Coris Bank for more than US$80 million in project financing, marking a significant step forward for its Kobada Gold Project in Mali.

Enegex Limited has reported promising gold exploration results in Côte d’Ivoire and Western Australia, supported by a $5 million capital raise and strategic board appointments.