Genmin (ASX:GEN) has signed a binding memorandum of understanding (MoU) with Sinohydro Corporation regarding the development of the Baniaka Iron Ore Project in west Central Africa. Sinohydro is a major subsidiary and international business unit of Power Construction Corporation of China. Power Construction is an integrated construction group that provides investment and financing, planning design, […]
Vancouver-based Starcore International Mines (TSX:SAM) has completed geology fieldwork, including reconnaissance mapping and geochemical soil sampling, at the Kimoukro Gold Project in Cóte d’Ivoire, West Africa. The company conducted this work with the aim of covering the remaining area of the permit. Ongoing activities include completing superficial soil sampling collected with manual auger at a […]
Vancouver-based Starcore International Mines (TSX:SAM) has generated a pipeline of high-priority drill targets from a 2024 geophysical survey at the Kimoukro Gold Project in Côte d’Ivoire. Induced polarisation (IP), resistivity and ground magnetic surveys were completed in October 2024 to identify anomalies and highlight structural features. The three separate methods measure different subsurface properties, enabling […]
Gold explorer eMetals (ASX:EMT) has started a soil sampling campaign on the Busia Gold Project in central Uganda, targeting orogenic gold within the Busia Greenstone Belt. The Busia Project is one of four exploration license applications that are 100% held by Sifang Mineral Resources in Uganda. The company acquired 80% of Sifang in 2024. Managing […]
Canyon Resources (ASX:CAY) is advancing its mine-to-port logistics strategy after completing the acquisition of a 9.1% stake in Camrail. Earlier this month, Canyon’s subsidiary Camalco Cameroon entered into agreements to acquire a 3.8% stake in Camrail from Societe d’Exploitation des Bois du Cameroun, as well as a further 5.3% interest from Total Energies Marketing Cameroun. […]
Connected Minerals (ASX:CML) has appointed Namibian drilling contractor Hammerstein Drilling, to begin a maiden reverse circulation reconnaissance drilling program at the Etango North-East and Swakopmund projects in Namibia. The program, beginning in April, will comprise 33 holes for 2,500m — with 2,000m of drilling being conducted at Etango North-East and the remaining 450m at Swakopmund. […]
Canyon Resources’ (ASX:CAY) subsidiary Camalco Cameroon plans to acquire a 9.1% stake in railway transportation company Camrail to strengthen logistics pathways to develop the Minim Martap Bauxite Project in Africa. Under the two share sale agreements with Total Energies Marketing Cameroun and Societe d’Exploitation des Bois du Cameroun (SEBC), Camalco acquired a 3.8% stake in […]
Sovereign Metals (ASX:SVM) has confirmed the Kasiya Rutile-Graphite Project’s key features required for use in refractory applications, after completing its testwork program in Malawi’s Central Region. The project which contains very low sulphur levels and the absence of other impurities of concern is what is considered a positive for such assets. Natural flake graphite is […]
Lindian Resources (ASX:LIN) has engaged Henk Ludik as a corporate finance advisor to help progress the development of the Kangankunde Rare Earths Project in Malawi. Ludik’s role will be to work with industrial professional services company Gerald Group to progress a binding term sheet and to identify, review, and recommend other funding sources that will […]
Aurum Resources (ASX:AUE) has released a maiden independent JORC mineral resource estimate (MRE) of 1.59 million ounces of gold for its 1,037km2 Boundiali Gold Project in Côte d’Ivoire, West Africa. Drilling is ongoing and Aurum has identified other prospects at Boundiali which have yet to be drilled. The Boundiali Gold Project is in the north […]