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2 clusters · 8 sources · 22 days · First seen about 1 month ago · Last updated 11 days ago

West African gold mining resource developments

Overview

Gold mining projects in West Africa are reporting significant resource developments. In Mali, Toubani Resources announced high-grade gold assay results from its pre-production infill drilling at the Kobada Gold Project. The company is currently updating its mineral resource estimate, with plans to update ore reserve estimates and mine plans in late 2026 to target mining commencement in early 2027.

In Guinea, the Kada gold project has increased its mineral resource estimates to 2.08 million ounces, up from 923,000 ounces reported in 2023. A significant portion of these resources is now classified as ‘indicated’. This technical progress occurs as the Guinean government seeks to prioritize local refining to manage the sector, where artisanal gold exports have recently outpaced industrial mining exports.

Entities

Guinea · Simandou · Kobada Gold Project · Toubani Resources · Kada Gold Project

Timeline

11 days ago

[BUSINESS] 8 sources
Kada gold project increases resource estimates to 2.08 million ounces
Guinea's Kada gold project has increased its estimated mineral resources to 2.08 million ounces, marking a significant technical advancement toward potential industrial mining.
about 1 month ago

[BUSINESS] 2 sources
Toubani Resources reports high-grade gold results at Kobada Project
Toubani Resources reported high-grade gold assay results from infill drilling at its Kobada Gold Project in Mali, supporting plans to update resource estimates ahead of a 2027 mining start.

Sources

afrikactus.com · aib.media · avenirguinee.org · conjonctures.net · guinee-eco.com · guineematin.com · guineenews.org · oceanguinee.com