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News
Newfoundland Discovery enters Angola with Ganda deal
7+ hour, 53+ min ago (328+ words) Newfoundland Discovery (CSE:NEWD) has agreed to acquire Orenoxe Holdings, securing staged earn-in rights over the Ganda Gold–Rare Earth Project in Angola. Orenoxe holds the right to earn up to a 70% interest in the company that owns Ganda, with…...
Ongwe set to launch gold drilling in Namibia
2+ day, 21+ hour ago (338+ words) Ongwe Minerals (TSX-V:OGW) plans to commence a 5,000m diamond drilling program at its Nguni gold prospect in Namibia by late August. The prospect is located 17km from the Manga discovery within the company’s Omatjete Gold Project. Infill soil sampling across a…...
US-backed consortium favoured for Tanzania nickel investment
6+ day, 1+ hour ago (282+ words) A US-backed investment consortium has emerged as the preferred partner for one of the world’s largest undeveloped nickel projects. Lifezone Metals (NYSE:LZM), which is developing the Kabanga Nickel Project in Tanzania, has selected Orion CMC as its preferred investment…...
Namibia Critical partners complete $23.36 million earn-in
1+ week, 4+ day ago (340+ words) Namibia Critical Metals (TSX-V:NMI) says its Japanese partners have completed a C$23 million ($23.36 million) earn-in for a 50% participating interest in the Lofdal Heavy Rare Earth Project in Namibia. The interest will be held by TJ Namibia Rare Earths (TJNREC),…...
Savannah eyes Barroso resource growth after phase one production
1+ week, 6+ day ago (546+ words) Savannah Resources (LSE:SAV) reveals there is significant resource growth potential at the Barroso Lithium Project in Portugal, which it plans to pursue following phase one production. Speaking to Mining.com.au, CEO Emanuel Proença says the company knows there…...
Patriot extends Zambia copper corridor to 5.5km
2+ week, 4+ day ago (284+ words) Patriot Resources (ASX:PAT) has extended its prospective copper exploration corridor to 5.5km southeast from the Tonic discovery in Zambia following ground magnetics and induced polarisation surveys. The surveys identified two additional high-priority copper targets, designated Block 1 and Block 2, within the…...
AI as catalyst for Africa to shift from raw exports to value-added minerals
3+ week, 14+ hour ago (739+ words) A new report by the Atlantic Council’s Africa Center outlines the potential for AI-powered mining and mapping tools to unlock resources by accelerating discovery, reducing drilling time, modernising operations, and derisking investment. Africa holds around one third of all global…...
Nedbank backs AngloGold Ashanti’s Geita with $714 million financing
3+ week, 5+ day ago (230+ words) Nedbank CIB has delivered a US$500 million ($714.2 million) financing facility for AngloGold Ashanti’s (NYSE:AU) Geita Gold Mine, one of the largest mine financings solely underwritten by an African bank. Nedbank is acting as sole underwriter and mandated lead arranger,…...
Noronex completes exploration phase across Kalahari Copper Belt
1+ mon, 1+ day ago (455+ words) Noronex (ASX:NRX) has progressed planning for a 3,000m drilling program after completing a comprehensive technical review with South32 (ASX:S32). The company has received final assay results from the 7,112m reverse circulation (RC) drilling program at the Powerline Copper Project, defining priority targets…...
Nigeria’s new lithium plant marks major shift to value-added critical minerals
1+ mon, 2+ day ago (434+ words) As African countries focus on growing their critical mineral value chains and shifting from raw material exporters to true value creators, as previously reported, those ambitions are now beginning to take shape. Nigeria recently commissioned its, and one of Africa’s,…...