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.
Eastern Platinum Limited reported a challenging second quarter of 2026, characterized by a 25.8% decrease in revenue and a shift to a mine operating loss of $4.2 million. While PGM 6E grades showed improvement, lower-than-targeted ROM processing tonnages at the Crocodile River Mine drove the decline in results.
Lithium Africa Corp. has appointed Dr. Thomas Benson as CEO and confirmed that active drilling programs are underway at its Springbok (South Africa) and Adzopé (Côte d'Ivoire) projects. The company is also pursuing non-dilutive funding through the potential sale of a 30,000-tonne lithium ore stockpile at the Norrabees mine site.
Lithium Africa is preparing a 3,500m drill program at the Springbok Project in South Africa to define a new mineral resource following structural re-interpretation. The company is also advancing the sale of a 30,000 tonne lithium stockpile, with assay results from resampling expected shortly.
Eastern Platinum Limited reported a significant turnaround in quarterly mine operating income for Q4 2025, driven by increased PGM sales and production at the Crocodile River Mine. However, the full year 2025 saw an increased net loss primarily due to an impairment expense at the Mareesburg project, alongside a widening working capital deficit.
Lithium Africa Corp. has entered into a definitive agreement to acquire a 70% interest in Namli Exploration & Mining, granting access to the Springbok Project in South Africa. The acquisition includes a past-producing lithium pegmatite mine, a significant ore stockpile, and a large regional exploration target containing 30 newly identified pegmatites.
