Pan African Resources reported a record FY2026 with a 40% increase in gold production and nearly tripled earnings. The company has transitioned from net debt to a healthy cash position and is targeting annual production of 280,000 to 300,000 ounces moving forward.
Theta Gold Mines is advancing its TGME project in South Africa, which holds a 6.1Moz gold resource at 4.17g/t. The company has secured US$90 million in funding to complete construction, targeting first production in early 2027 with a phased growth plan to reach 160,000oz per year.
Pan African Resources has completed a Definitive Feasibility Study (DFS) for the Soweto Tailings Retreatment project in South Africa. The project is expected to contribute 35,000 to 40,000 ounces of gold annually over 15 years, utilizing existing infrastructure to minimize capital intensity.
Pan African Resources has completed a Definitive Feasibility Study for the Soweto Tailings Retreatment project in South Africa. The project is expected to produce 35,000 to 40,000 ounces of gold annually, contributing to a peak output of 100,000 ounces at the Mogale complex.
West Wits Mining has achieved first gold production at its Qala Shallows underground mine in South Africa. The project shows strong economics with an 81% IRR and a large broader resource base of 7.24Moz gold at 4g/t.
ZEB Nickel Corp. has identified significant gold mineralization in the northern portion of the Zeb Nickel Project in South Africa. The results, which include high-grade intercepts in both historical and recent drilling, suggest the project has potential for gold mineralization independent of its known nickel-copper-PGE resources.
Zeb Nickel Corp. announced the discovery of a new high-grade gold zone at its Zeb Nickel Project in Limpopo, South Africa, with drill hole Z029 intersecting 28.32m at 9.05 g/t Au. The company also reported positive assay results from the remaining five holes of its Phase 2 drill program, confirming the grade and continuity of Ni-PGE mineralization. The new gold zone and confirmed Ni-PGE mineralization are expected to improve overall project economics, with future plans including an updated mineral resource estimate and a Preliminary Economic Assessment.
Superior Mining International Corporation has released assay results from a 16-hole diamond drill program at the Middelvlei JV Project in South Africa. The program confirmed the presence of the VCR and MVR reefs across the lease area, though some holes failed to intersect significant mineralization or show reef development.
