Mining News in Madagascar

Cassius Mining Limited
Cassius Mining Limited
CMD
Limestone
Madagascar

CMD: Annual Report to shareholders

Cassius Mining Limited's annual report highlights a substantial JORC 2012 compliant Mineral Resource Estimate for its Soalara Limestone Project in Madagascar, which has attracted interest from major international steel producers. The company also provided an update on its international arbitration against the Government of Ghana, with a damages claim of approximately USD521 million. Despite these developments, the company reported a significant loss and net liabilities, leading to material uncertainty about its ability to continue as a going concern, necessitating further external funding.

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Total Graphite PLC
Total Graphite PLC
TGR
Graphite
Madagascar
Metallurgical Results

99.2% purity from first High Purity Graphite tests

Total Graphite PLC has reported successful bench-scale test results achieving 99.2% Fixed Carbon (FC) purity from its Madagascan graphite using mild reagents. The company is now optimising the process to target 99.5% FC purity to supply high-value markets such as electric vehicle batteries.

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Total Graphite PLC
Total Graphite PLC
TGR
Graphite
Madagascar

Total Graphite plans for Vatomina graphite projec boosted by drill result

Total Graphite reported positive infill drilling results at its Vatomina graphite project in Madagascar. A 19-metre intercept at 3.3% TGC, including a 5-metre high-grade zone at 6.82%, has increased confidence in the continuity of the near-surface seam.

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Total Graphite PLC
Total Graphite PLC
TGR
Graphite
Madagascar

Total Graphite hits 18.62% TGC from initial drilling in Madagascar

Total Graphite has reported high-grade, near-surface graphite drilling results at its Vatomina project in Madagascar, including a peak assay of 18.62% TGC. The 587m drilling program across 17 boreholes intersected mineralization predominantly in shallow saprolite, supporting the company's mine optimization and production restart strategy.

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NextSource Materials
NextSource Materials
NEXT
Graphite
Madagascar
Resource Estimate

Nextsource Eyes Longer Madagascar Graphite Mine Life Higher Costs

NextSource Materials has released an updated feasibility study for its Molo graphite mine in Madagascar, extending the mine life to 37 years. While the expansion offers significant scale, the project faces higher capital costs and lower projected returns due to decreased graphite price assumptions.

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Energy Fuels Inc.
Energy Fuels Inc.
EFR
Madagascar
Resource Estimate

Energy Fuels Announces Updated Feasibility Study for Toliara Rare Earth and HMS Project in Madagascar Confirming World-Class Scale and Economics, Including $1.8 Billion NPV and Ramping Up to Over $500 Million of Expected Annual EBITDA

Energy Fuels has released an updated Feasibility Study for the 100%-owned Vara Mada project in Madagascar. The study confirms exceptional economics, including a $1.8 billion NPV and expected annual EBITDA exceeding $500 million, supported by world-class rare earth, titanium, and zircon reserves and resources.

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