Mining News in Angola

Tyranna Resources Limited
Tyranna Resources Limited
TYX
Rare Earths
Angola

TYX: Soils Up To 10.6% Treo at the Sulima West Ring Structure

Tyranna Resources has reported high-grade rare earth results from surface sampling at its Sulima West prospect in Angola, part of the Coola Project. Trench samples returned up to 10.6% TREO, while soil samples peaked at 10.8% TREO, with NdPr making up a significant portion of the total rare earths. These encouraging results, from less than 5% of the 4.2km diameter ring complex, highlight significant exploration upside, with further soil sample results pending and drilling planned for Q2 2027.

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Tyranna Resources Limited
Tyranna Resources Limited
TYX
Angola
Drill Results

TYX: Soils up to 13.2% TREO and 3.9% Nb2O5 Define Drill Targets

Tyranna Resources Limited has completed a review of historical exploration data at its Coola Rare Earths and Niobium Project in Angola, revealing high-grade soil and rock chip anomalies. The review identified peak values of 13.18% TREO and 3.9% Nb2O5 from historical soil samples, supported by rock chip and auger drilling results. These findings have defined drill-ready targets for a planned exploration drilling program in Q2 2027.

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Tyranna Resources Limited
Tyranna Resources Limited
TYX
Angola

TYX: Annual Report to shareholders

Tyranna Resources Limited's annual report for the year ended June 30, 2026, highlights a net loss of $3.72 million and a substantial cash outflow of $2.83 million, prompting the auditor to note a material uncertainty regarding the company's ability to continue as a going concern. Despite these financial challenges, the company actively pursued its strategy in battery and critical minerals in Angola, completing several acquisitions including Turaco Resources and a majority interest in AGFC E FILHOS, LDA, and a 20% interest in Angolan Minerals Pty Ltd. Post-period, Tyranna divested its Namibe Lithium and Caesium Project for US$1.37 million and entered into an earn-in agreement for the Coola Rare Earths and Niobium Project, alongside a $1 million capital raise.

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CONNECTED MINERALS LIMITED
CONNECTED MINERALS LIMITED
CML
Angola

CML: Annual Report to Shareholders & Full Year Statutory Accounts

Connected Minerals Limited's annual report for 2026 highlights a significant strategic transformation with the acquisition of an 80% interest in the Bailundo Carbonatite Project in Angola, focusing on niobium and rare earth elements. The company completed a A$4.5 million capital raise to fund initial drilling at Bailundo, which is designed to establish continuity, geometry, and grade for a maiden JORC Mineral Resource Estimate. Concurrently, the company impaired the carrying value of its Namibian uranium and Western Australian exploration assets, reflecting a shift in exploration priorities, despite reporting significant uranium grades from its Phase 2 drilling at Etango North-East in Namibia.

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