Kodal Minerals provided a Q3 2026 update for the Bougouni Lithium Project, reporting 27,234 DMT of spodumene concentrate produced at 5.29% Li2O. A major highlight was the full repayment and termination of the external Hainan loan facility, significantly de-risking the project's balance sheet.
First Lithium Limited reported a reduced net loss of $220,045 for the year ended June 30, 2026, down from $2.5 million in the prior year. The company successfully secured additional funding through convertible loan agreements, with $1.2 million announced in July 2026 and prior loans of $2 million converted into shares and options. Operational highlights included re-reporting high-grade lithium drill intercepts from the Mali Lithium Project and positive metallurgical testwork results, though these were from 2025. The company's permit renewals for the Faraba and Gouna licenses in Mali are pending, which introduces material uncertainty regarding the carrying value of exploration assets.
Compass Gold Corp. has reported positive assay results from its 42-hole diamond drilling program at the Massala prospect in Mali. The drilling tested a 340m mineralized zone along the Tarabala fault.
Compass Gold Corp. has announced robust results from its inaugural metallurgical test program at the Massala prospect in Mali. The company also confirmed the completion of the first phase of its resource definition diamond drilling program.
Compass Gold Corp. has commenced resource definition diamond drilling at the Massala prospect within its Sikasso Property in Mali. The company reports that Phase 1 of the drilling program is 93% complete and has identified a 340m mineralized zone along the Tarabala fault.
Allied Gold reported a 14% increase in gold production to 96,016 ounces in Q1 2026, but recorded a net loss of $58.3 million and a significant increase in AISC to $2,264 per ounce sold. The company provided updated Mineral Reserve and Resource estimates for its projects, effective December 31, 2025, and continues to advance its acquisition by Zijin Gold. Development at the Kurmuk project is progressing towards first gold in mid-2026, and the Sadiola phased expansion is also advancing.
Allied Gold reported record Q4 and full-year 2025 gold production, exceeding guidance, driven by strong performance across its Sadiola, Bonikro, and Agbaou mines. The company also announced a definitive agreement for its acquisition by Zijin Gold at a significant premium, validating its asset base and growth strategy. Concurrently, Allied Gold provided updated Mineral Reserve and Resource estimates as of December 31, 2025, and detailed financial results showing improved costs and strong cash flows.
Roscan Gold has announced a positive Preliminary Economic Assessment (PEA) for the Kandiolé Gold Project in Mali, reporting an after-tax NPV (5%) of US$498 million and an IRR of 43% at a US$3,100/oz gold price. The project is envisioned as a conventional open-pit operation with a 13-year mine life and an average annual production of ~93koz Au.
