This week in African mining saw a mix of resource upgrades, operational transitions, and boardroom developments that signal both growth and strategic recalibration across the sector.
Aurum Resources Limited made headlines with a significant 53% increase in Indicated Resources at its Boundiali Gold Project in Côte d’Ivoire.
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The updated JORC Mineral Resource Estimate for the BMT3 deposit now totals 0.92 million ounces, underscoring the success of recent exploration efforts and the growing potential of the West African asset.
Meanwhile, Tharisa Mine is preparing for a major operational shift, announcing a phased transition from open-pit to underground mining.
The move is designed to unlock access to deeper, multigenerational mineral resources while enhancing sustainability, efficiency, and long-term value creation.
Also Read: Mining Round‑Up: Recent developments and milestones
In Ethiopia, Akobo Minerals continues to build momentum.
The Scandinavian-based gold producer expects revenue growth to persist through the third quarter and anticipates achieving positive cash flow from operations for the first time, a milestone that reflects its strengthening financial position.
On the corporate front, AngloGold Ashanti has appointed Marcus Randolph as an independent non-executive director, effective 27 October 2025.
Randolph will also serve on the company’s Compensation and Human Resources Committee as well as the Social, Ethics and Sustainability Committee, bringing added depth to its governance and oversight.
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