Latest Africa News

Terra Metals’ latest drilling results at the Dante Project’s Reef 2 reveal thick, continuous high-grade mineralisation from surface, reinforcing the potential for significant resource growth beyond the current 148 million tonne estimate.

Lotus Resources reports promising progress at its Kayelekera uranium mine, targeting steady state production by Q1 2026 despite recent sulphuric acid supply constraints. The company is addressing supply issues with new sourcing and an on-schedule acid plant rebuild.

GreenTech Metals Ltd has raised $5.2 million to fund drilling and resource upgrades at its Munni Munni Platinum-Palladium-Copper-Nickel project, aiming to validate and expand one of Australia’s largest undeveloped PGE deposits.

Atomic Eagle Limited has announced a substantial new Exploration Target at its Muntanga Uranium Project in Zambia, highlighting significant potential resource growth. The company plans a fully funded $20 million drilling campaign in 2026 to expand its uranium resource base.

Perseus Mining has tabled a binding offer to acquire all remaining shares of Predictive Discovery, offering a significant premium and aiming to strengthen its African gold portfolio.

Chariot Resources has amended its acquisition agreement for a Nigerian lithium portfolio, securing financing and extending the closing deadline to May 2026. The move reinforces exclusivity protections and paves the way for a smoother transaction completion.

Enegex Limited has launched power auger drilling and trenching programs on its key permits in Côte d’Ivoire, following promising gold-in-soil anomalies and historical data. Four permit applications have also been approved, setting the stage for aircore drilling in early 2026.

OM Holdings has cleared major regulatory hurdles in the $101 million sale of its 26% stake in Ntsimbintle Mining, moving closer to closing the deal in early 2026.

OM Holdings has secured key regulatory and shareholder approvals for the sale of its 26% interest in Ntsimbintle Mining, moving the $101 million transaction closer to completion early next year.

Austin Metals has appointed seasoned mining executive Michael Moore as Managing Director to spearhead exploration at its flagship Austin Gold Project in Western Australia.

Fortuna Metals has verified rutile as the dominant titanium mineral at its Mkanda project in Malawi, with soil assays returning 1.11% rutile and extensive drilling underway. This positions the project alongside one of the world’s largest rutile deposits.

Galileo Mining has kicked off a focused 2,000-metre drilling campaign at its Norseman project, targeting platinum group elements and gold to expand its promising Callisto resource.