Africa Oil (AOI.TO) confirmed last month it has encountered 75 meters of net oil pay in two zones of the Emekuya 1 well in the 13T Block in Northern Kenya. […]
Tag: #Africa
Volcanic Gold Mines is getting pretty serious in Guinea
Just weeks after having announced an option to acquire a project from WAMA, Volcanic Gold Mines (VG.V) has now entered into another option agreement to acquire an initial 70% stake […]
Birimian has started a pre-feasibility study at Bougouni Lithium
Shortly after cancelling the deal with the potential Chinese buy who was willing to purchase the Bougouni lithium project in Mali, Birimian (ASX:BGS) is showing it doesn’t want to waste […]
Prospect Resources releases its Zimbabwe lithium “scoping study” – but it doesn’t contain any economic parameters
Prospect Resources (ASX:PSC) has released the results of its scoping study on the Arcadia lithium project, which currently hosts a resource estimate of 23.4 million tonnes at 1.42% LiO2 (and […]
Birimian could sell its lithium project for A$107.5M
Birimian (ASX:BGS) announced it has executed a binding letter of intent with Shandong Mingrui Group whereby the latter has committed to purchase the Bougouni Lithium project in Mali for an […]
Nevada Copper could benefit from the sale of Sierra Rutile to Iluka Resources
Sierra Rutile (LON:SRX) has agreed to sell itself to the Australian mineral sands company Iluka Resources (ASX:ILU) for a total of 215M GBP. Iluka plans to acquire the company in […]
OreCorp is sitting on something nice in Tanzania
OreCorp (ASX:ORR) has released its maiden resource estimate on its Nyanzaga gold project in Tanzania, Africa. This first resource estimate is an important milestone for the company as it would […]
Teranga Gold reported an excellent Q1 production result and was free cash flow positive
Teranga Gold (TGZ.TO) has updated the market after an excellent first quarter of the year. During the first three months of the year, its mine in Senegal produced in excess […]