A DFI will not lend without an Independent-Engineer sign-off; the gate before that is study maturity. Per-asset study stage (scoping / PFS / DFS), currency (current plan or superseded), author, resource confidence (Measured & Indicated vs Inferred; reserves), and IE / lender technical-review status. Recent-DFS and in-construction assets are financing-ready on this axis; scoping-only, stalled-PFS and prior-owner-vintage studies are not.
The bold screen line on each card is an Afrimintel synthesis (Derived) of the sourced cells beneath it, not a separate datum. N/A = the axis does not apply (e.g. offtake-counterparty for liquid-spot gold).
Afrimintel's Editor-in-Chief holds two positions in the Great Lakes region: Honorary Consul of Rwanda in Mauritius, and Chairman of MUA Insurance Rwanda. Neither role involves mining, mineral assets, or any company appearing in this layer, and neither carries any interest in the outcome of any record in it. They are disclosed here because this layer carries records on jurisdictions to which those positions relate, which makes them material to a reader assessing those records. Coverage and treatment of these jurisdictions are on the same terms as every other jurisdiction; the positions constrain who Afrimintel transacts with, not what it publishes. See /methodology/independence/ §7. Independence Policy §7.
| Asset | Country | Operator | study stage | study author date | resource confidence | ie status | resource confidence superseded | record note |
|---|---|---|---|---|---|---|---|---|
| Assafou | Cote d'Ivoire | Endeavour Mining | Definitive Feasibility Study — published 2026 (current) (Sourced · Endeavour Mining project page) | Endeavour DFS, 2026 (PFS Dec 2024 precursor) (Sourced · Endeavour, 11 Dec 2024 / 2026 DFS) | Probable reserves ~4.1Moz; Indicated ~4.6Moz at 1.95 g/t (Sourced · NS Energy / Endeavour) | — (Absent · not-applicable) | — | — |
| Doropo | Cote d'Ivoire | Resolute Mining | Updated DFS — Dec 2025 (Lycopodium, building on the 2024 Centamin DFS); 55% more ore, longer life (Sourced · Resolute updated DFS, Dec 2025) | Lycopodium DFS, Dec 2025 (Centamin DFS Jul 2024) (Sourced · Miner.africa, 16 Dec 2025) | P&P reserves ~1.88-2.2Moz; M&I restated +~1Moz in 2025 (Sourced · NS Energy / Resolute) | — (Absent · not-yet-verified) | — | — |
| Kone | Cote d'Ivoire | Montage Gold | Definitive Feasibility Study (NI 43-101); M&I increased to 5.88Moz (Sourced · Montage Gold disclosure) | Montage NI 43-101 DFS (Sourced · Montage Gold) | Measured & Indicated ~5.88Moz (Sourced · Montage Gold) | — (Absent · not-yet-verified) | — | — |
| Kurmuk | Ethiopia | Allied Gold (KGM ~70%) | Combined feasibility study (Dish Mountain + Ashashire) Dec 2022; NI 43-101 TR 2023; now in construction (Sourced · Allied NI 43-101 TR (minedocs.com/27/Kurmuk-TR-06092023.pdf)) | Allied / Lycopodium FS, Dec 2022; NI 43-101 TR, 2023 (Sourced · mining-technology / Allied) | Proven & Probable reserves 2.7Moz at 1.41-1.53 g/t (Sourced · mining-technology / Allied) | Construction-stage with EPCM (DRA) + mining contractor (Mota-Engil) mobilised — lender/stream technical review implied by the Wheaton stream close (Derived · DRA / Allied; Wheaton stream Dec 2024) | — | — |
| Twin Hills | Namibia | Shanjin International (acquired Osino) | DFS Jun 2023 (Lycopodium / DRA-SENET, NI 43-101); now in construction (Sourced · Osino DFS, GlobeNewswire 12 Jun 2023) | Lycopodium / DRA DFS, Jun 2023 (pre-Shanjin) (Sourced · Osino DFS) | P&P reserves 2.15Moz at ~1.0 g/t (PFS/DFS basis) (Sourced · Osino) | — (Absent · not-yet-verified) | — | — |
| Ngualla (rare earths) | Tanzania | Mamba / Peak Rare Earths 84% / GoT 16% | Bankable feasibility study completed (REE), subsequently optimised (Derived · Peak Rare Earths disclosure) | BFS Update completed Oct 2022 (Peak Rare Earths; JORC 2012); Ore Reserve estimate Orelogy Consulting, Oct 2022; Mineral Resource SRK (Competent Person Rod Brown), Feb 2016; 2017 BFS with Amec Foster Wheeler (Sourced · Peak Rare Earths ASX announcement 'Ngualla Rare Earths Project — Completion of Bankable Feasibility Study Update', 24 Oct 2022 (with BFS Update report) §1.2, §4.1, §5.5) | Ore Reserve 18.5 Mt @ 4.80% TREO (887 kt TREO), ~92% Proved / 8% Probable, JORC 2012, as at Oct 2022; all LOM mill feed is Ore Reserve (Sourced · Peak Rare Earths ASX announcement 'Ngualla Rare Earths Project — Completion of Bankable Feasibility Study Update', 24 Oct 2022 (with BFS Update report) Table 10) | Absent (Absent · not-disclosed) | — | — |
| Ewoyaa (lithium) | Ghana | Atlantic Lithium (MIIF state equity) | Definitive Feasibility Study completed; described as one of the most advanced pre-construction hard-rock lithium assets (Sourced · Atlantic Lithium / Vaultz, Sep 2025) | Atlantic Lithium DFS (Sourced · Atlantic Lithium) | JORC Mineral Resource 36.8Mt at 1.24% Li2O (Sourced · Atlantic Lithium, Sep 2025) | — (Absent · not-yet-verified) | — | — |
| Baomahun | Sierra Leone | FG Gold (private) | Feasibility-stage (bankable): AFC/Afreximbank US$330m close implies a lender-reviewed FS (Derived · AFC/Afreximbank close, Dec 2025) | — (Absent · not-yet-verified) | — (Absent · not-yet-verified) | Lender technical diligence implied by the AFC/Afreximbank debt close (Derived · AFC/Afreximbank, Dec 2025) | — | — |
| Kabanga Nickel | Tanzania | Lifezone Metals / Tembo Nickel | Definitive Feasibility Study completed (Class-1 nickel) (Derived · Lifezone Metals disclosure) | DRA Projects (Pty) Ltd and Sharron Sylvester (OreWin Pty Ltd); FS-TRS effective 18 Jul 2025; S-K 1300, Rev C.1 (Sourced · Lifezone Metals release 'Files the Feasibility Study Technical Report Summary for the Kabanga Nickel Project in Tanzania', 18 Jul 2025 (Business Wire); FS-TRS Rev C.1, EDGAR Exhibit 96.1, filed 18 Jul 2025 §2.5 / Table 2-1) | Proven + Probable Mineral Reserves declared 18 Jul 2025, converted from Measured + Indicated only; Inferred excluded from mine plan and economic analysis (Sourced · Lifezone Metals release 'Files the Feasibility Study Technical Report Summary for the Kabanga Nickel Project in Tanzania', 18 Jul 2025 (Business Wire); FS-TRS Rev C.1, EDGAR Exhibit 96.1, filed 18 Jul 2025 §12.5, Tables 12-3 to 12-6) | US DFC ran E&S diligence (ESIA on DFC portal); a DFI technical review is implied by DFC engagement (Derived · U.S. DFC portal, 2025) | — | — |
| Nyanzaga | Tanzania | Perseus Mining 80% / GoT 20% | DFS-stage; Special Mining Licence granted Dec 2021; construction ~50% (Sourced · Perseus, 28 Apr 2025) | Perseus DFS (post-acquisition update) (Derived · Perseus disclosure) | — (Absent · not-yet-verified) | — (Absent · not-yet-verified) | — | — |
| Kokoseb | Namibia | Wia Gold 80% / Epangelo 20% | SCOPING study only (Sept 2025); DFS targeted H2 2026 — earliest-stage in the pipeline (Sourced · Wia Gold Q3-2025 report) | Wia Gold scoping study, Sept 2025 (Dhamana) (Sourced · Wia Gold / Dhamana) | MRE 2.93Moz at 1.0 g/t — 1.81Moz in the Indicated category and ~1.12Moz Inferred; no reserves stated yet (scoping stage) (Sourced · Wia Gold, Jul 2025) | — (Absent · not-applicable) | — | — |
| Kalana | Mali | Endeavour Mining (SOMIKA 80% / Mali 20%) | PFS only (Feb 2021) — never advanced to DFS; stalled under strategic review (Sourced · Endeavour PFS, 23 Feb 2021) | Lycopodium PFS, Feb 2021 (Optiro MRE 30 Jun 2020) (Sourced · Endeavour PFS) | MRE basis 2020; reserves at PFS confidence only (Sourced · Endeavour PFS) | — (Absent · not-applicable) | — | — |
| Colluli (SOP potash) | Eritrea | CMSC — SRBG 50% / ENAMCO 50% | DFS Nov 2015 + optimised FS Jan 2017 + FEED — all under prior owner Danakali (Sourced · AidData / Danakali) | Definitive Feasibility Study completed November 2015 (results released 30 Nov 2015). Competent Persons: Stephen Halabura, M.Sc., P.Geo. (2015 potash Mineral Resource); John Tyrrell, AusIMM, AMC Consultants (2015 rock salt Mineral Resource); Mark Chesher, FAusIMM, AMC Consultants (November 2015 Ore Reserve). AMC Consultants stated it acted as an independent party with no interest in the outcome of (Sourced · Danakali ASX 'Colluli DFS results' 30 Nov 2015 and 'Colluli DFS Results Presentation' 2 Dec 2015 (both preserved, archive/bytes/)) | Ore Reserve 1,100 Mt @ 10.5% K2O equiv (Proved 285 Mt @ 11.3% + Probable 815 Mt @ 10.3%), 203 Mt SOP equiv. Mineral Resource 1,289 Mt @ 11% K2O equiv (M+I+Inf), inclusive of Ore Reserves. Effective 2018-01-29; 100% asset (Danakali 50% of CMSC at 31 Dec 2022); JORC 2012. (Sourced · Danakali Annual Report 2022 (estimate announced ASX 19 Feb 2018), PDF pp. 7, 9, 24 (sha256 60bc1a3c39015d46…)) | Historic AFC/Afreximbank lender technical DD (2019, Danakali-era) (Sourced · Mining Review, 5 Aug 2019) | Ore Reserve (Nov 2015) 1,113 Mt @ 10% K2O equivalent — 286 Mt Proved @ 11% and 827 Mt Probable @ 10%. Potash Mineral Resource 1,289 Mt @ 11% K2O eq (303 Mt Measured, 951 Mt Indicated, 35 Mt Inferred). Separate rock salt Mineral Resource 347 Mt @ 96.9% NaCl (28 Mt Measured, 180 Mt Indicated, 139 Mt Inferred). JORC Code. (Sourced · Danakali ASX 'Colluli DFS results' 30 Nov 2015 and 'Colluli DFS Results Presentation' 2 Dec 2015 (both preserved, archive/bytes/)) | — |
| Kasiya (rutile-graphite) | Malawi | Sovereign Metals (Rio Tinto 19.9%) | Definitive Feasibility Study completed (2026), conforming to IFC Performance Standards for bankability — builds on Jan-2025 OPFS and the Pilot Mining program (Sourced · Sovereign DFS 2026 (Investegate)) | Sovereign-Rio Tinto Technical Committee DFS, 2026 (OPFS Jan 2025; PFS Sept 2023; DRA Global process engineering) (Sourced · Sovereign / mining-technology) | M&I contained rutile 16.1Mt (1.65Bt @0.98% rutile); total resource 2.1Bt; probable reserve stated (Sourced · Proactive/Yahoo Mar 2026; mining-technology) | Rio Tinto technical oversight to a final development decision (not a lender's IE) (Derived · Sovereign / Crux) | — | — |
| Etango (uranium) | Namibia | Bannerman Energy / CNNC (CNOL) JV | DFS Dec 2022 (Etango-8, JORC) + fully permitted (ML 250, Dec 2023) + early works underway; FEED complete (Sourced · Bannerman / World Nuclear News) | Bannerman DFS, ASX release 6 Dec 2022 ('Etango-8 Definitive Feasibility Study'); March-2024 expansion scoping study (Sourced · Bannerman ASX 6 Dec 2022) | Ore Reserves ~61Mlb U3O8 (JORC 2012); Mineral Resource 207Mlb U3O8 at 100ppm cut-off (Sourced · Bannerman / Extractor) | FEED complete; strategic-partner (CNNC) technical DD implied by the US$321.5m JV (Derived · Bannerman Feb 2026) | — | — |
| Mahenge (graphite) | Tanzania | Black Rock Mining 84% / GoT 16% | DFS Oct 2018, enhanced DFS Jul 2019 (bankable confidence), FEED 2022, fully permitted ('shovel ready') + early works (Sourced · Faru Graphite / Mining Review) | Black Rock enhanced DFS, Jul 2019; FEED 2022 (Sourced · Faru Graphite) | Resource 212Mt @7.8% TGC; Ore Reserve 70Mt @8.5% TGC (~16.6Mt contained graphite), JORC (Sourced · smallcaps / Mining-technology) | Lender conditions precedent being satisfied; DBSA/IDC technical diligence substantially complete (Derived · TanzaniaInvest / mining-technology) | — | — |
| Songwe Hill (rare earths) | Malawi | Mkango Resources (GoM 10%) | Updated NI 43-101 DFS (Mar 2026), building on the Jul-2022 DFS — among the very few African REE projects at DFS stage (Sourced · Mkango / Globe & Mail Mar 2026) | Mkango NI 43-101 DFS, Mar 2026 (filed on SEDAR+); Bara Consulting mine plan (Sourced · Mkango YE-2025) | Proven & Probable reserve 18.1Mt @1.16% TREO; NdPr-rich basket (Sourced · Mkango DFS 2022/2026) | U.S. DFC FEED funding implies technical review; lender IE for project finance not yet named (Derived · Mkango) | — | — |
| Tumas (uranium) | Namibia | Deep Yellow (Oponona 5% post-FID) | 2025 DFS (updated Mar 2026) + Mining Licence (Sep 2023); detailed engineering >65%; early works underway — 'technically ready for development' (Sourced · African Mining Market Mar 2026) | Deep Yellow 2025 DFS (Ausenco detailed engineering; Cube Consulting ore-reserve estimate) (Sourced · Extractor / WNN) | Ore Reserve 79.5Mlb U3O8 (298ppm); total resource 118.2Mlb U3O8 (255ppm); ~30-yr LOM (Sourced · WNN / African Mining Market) | Independent Technical Expert engaged by Nedbank (Mandated Lead Arranger); DD underway on the 2025 DFS (Sourced · Extractor Jul 2025) | — | — |
| Kangankunde (rare earths) | Malawi | Lindian Resources (RVR 67%->100%) | Stage-1 Feasibility Study (Jul 2024) + FID (Q3 2025); now in construction (one of few African REE projects building) (Sourced · Mining Review / mining-technology) | Lindian FS Jul 2024 (Cube Consulting MRE; Orecraft plant; Mine Planning Services) (Sourced · NS Energy / Mining Review) | Maiden Ore Reserve 23.7Mt @2.9% TREO (1% cut-off); resource 261Mt @2.14-2.19% TREO; 1.2Mt contained NdPr (Sourced · Lindian FS) | — (Absent · not-yet-verified) | — | — |
| Makuutu (heavy rare earths) | Uganda | Ionic Rare Earths / RRM (~6% local) | Stage-1 DFS (Mar 2023, signed off by independent competent persons) + ML granted + demonstration plant (Phase 1, Mar 2025) (Sourced · theassay / rare-earth-mining.com) | Ionic / RRM Stage-1 DFS, Mar 2023 (revised); DRA Global advising on growth (Sourced · Mining Review / Ionic) | Maiden Ore Reserve (Stage 1, RL1693) 172.9Mt @848ppm TREO; total resource 532Mt @640ppm TREO; HREO/Sc-rich (Sourced · mining-technology / Ionic DFS) | DFS signed off by independent competent persons; demonstration plant de-risks the flowsheet (scale-up data) (Derived · Ionic) | — | — |
| Kobada (gold) | Mali | Toubani Resources ~90% / Mali 10% | DFS (Oct 2024, Lycopodium; upscaled to 6Mtpa) + FID + construction commenced (Sourced · mining.com.au / Mining Review) | Lycopodium DFS, Oct 2024 (Orelogy, Knight Piesold, Entech, ABS Africa); MRE Jul 2024 (Sourced · Toubani DFS) | Ore Reserve 53.8Mt @0.90 g/t for 1.56Moz (JORC Probable); resource 78Mt @0.88 g/t for 2.2Moz (~2Moz Indicated) (Sourced · Mining Weekly / Toubani) | Project-finance technical review implied (Endeavour Financial-led; debt sizing done) (Derived · Toubani Q4-2024) | — | — |
| Banio (potash) | Gabon | Millennial Potash (US DFC-backed) | PEA complete; AACE Class-3 DFS IN PROGRESS (ERCOSPLAN, initiated Jan 2026, target H2 2026) — pre-DFS-complete (Sourced · Millennial / Proactive Jan 2026) | ERCOSPLAN DFS in progress (2026); PEA precursor (Sourced · Millennial Jan 2026) | Measured & Indicated 2.453Bt @16.6% KCl + Inferred 3.559Bt @15.6% KCl — RESOURCE only; no reserves yet (DFS in progress) (Sourced · Millennial Jan 2026) | DFC-funded DFS by ERCOSPLAN (potash specialist); independent technical review via DFC's finance process to follow (Derived · Millennial / Proactive) | — | — |
| Epanko (graphite) | Tanzania | EcoGraf / TanzGraphite | Updated Bankable Feasibility Study (Feb 2026) completed in parallel with an Independent Engineers' Report (IER) — project-finance-grade (Sourced · EcoGraf / Globe and Mail) | METC-PaulSam JV BFS (Feb 2026); MRE by ERM; Ore Reserves by Intermine Engineers; IER complete (Sourced · Finanzwire / EcoGraf) | Ore Reserve 16.7Mt @8.2% TGC (7.1Mt Proven + 9.6Mt Probable); 73,000 tpa for first 15 years (Sourced · EcoGraf BFS) | Independent Engineers' Report (IER) COMPLETE — satisfies a key requirement for the KfW IPEX US$105m facility (Sourced · TanzaniaInvest Feb 2026) | — | — |
| Dugbe (gold) | Liberia | Pasofino Gold / HRL (GoL 10% free-carry) | DFS completed Jun 2022 (DRA Global / SRK UK) — now STALE and BEING UPDATED (2025-26, MineScope gap analysis, Phase One done Aug 2025) for financing (Sourced · Pasofino / Resource World) | DRA Global / SRK UK FS, Jun 2022; MineScope update in progress 2025-26 (Sourced · Resource World / Pasofino) | Mineral Reserve 2.76Moz (66Mt @1.30 g/t); M&I resource 3.3Moz; 14-yr LOM, 200koz/yr first 5yr (Sourced · Resource World / Pasofino) | — (Absent · not-yet-verified) | — | — |
| Sanankoro (gold) | Mali | Cora Gold (EEA 29.9%) / Mali 10% | Updated DFS (Sep 2025, New SENET/DRA Global) + FEED underway (target H2 2026, also by SENET) (Sourced · Mining Weekly / Director's Talk) | New SENET (DRA Global) updated DFS Sep 2025; financial modelling by Infinity Corporate Finance (Sourced · Director's Talk / Cora Gold) | Probable Reserve 531koz @1.13 g/t (14.6Mt; +26% vs 2022); resource 1.04Moz @1.04 g/t; 10.2-yr LOM, 47-64koz/yr; 90.7% recovery (Sourced · Cora Gold Sep 2025 / Mining Weekly) | DFS confirmed by Infinity Corporate Finance; lender IE would follow any senior-debt conversion (Derived · Director's Talk) | — | — |
| Chilalo (graphite) | Tanzania | Evolution Energy Minerals (ARCH cornerstone) | Updated DFS with FEED incorporated (CPC Engineering); DFS review (Oct 2024) confirmed assumptions valid; FID-ready (Sourced · mining.com.au / Proactive) | Updated DFS (FEED by CPC Engineering, ex-Syrah/Balama); flowsheet overseen by Oliver Peters; reviewed Oct 2024 (Sourced · theassay / Proactive) | Probable Reserve 8Mt @10.5% TGC for ~836,000t contained; resource 26.9Mt @10.3% TGC (one of the world's highest-grade graphite deposits); 17-yr LOM (Sourced · mining-technology / TanzaniaInvest) | Independent Technical Engineer (ITE) appointed by potential financiers; site visit completed (Sourced · TanzaniaInvest May 2023) | — | — |
| Mingomba (copper) | Zambia | KoBold Metals 80% / ZCCM-IH 20% | Pre-definitive-FS, but DEVELOPMENT COMMENCED — groundbreaking on shaft construction 29 Apr 2026 (President Hichilema officiating); definitive engineering/cost study expected early 2027; resource being formalised (no JORC/NI 43-101 reserve published yet); KoBold's first-ever mine build (explorer-to-operator execution risk) (Sourced · mining.com / World Bank ETM Roadmap) | KoBold (AI-led) since 2022 acquisition; 29 Apr 2026 groundbreaking marked the formal start of shaft construction; definitive engineering study (capex) due early 2027; no formal feasibility/reserve published yet (Sourced · World Bank ETM Roadmap / mining.com) | Described as Zambia's largest copper discovery in a century, Kakula-like grade (>2% Cu) — but NO formal JORC/NI 43-101 reserve published yet (resource update in progress) (Sourced · mining.com / African Mining Market) | — (Absent · not-yet-verified) | — | — |
| Phalaborwa (rare earths) | South Africa | Rainbow Rare Earths (US-DFC/TechMet-backed) | PEA complete; DFS IN PROGRESS (targeted 2026, delayed from 2025); pilot plant to validate the flowsheet — pre-DFS-complete (Sourced · bne IntelliNews / Ecofin) | Rainbow DFS in preparation (2026); ANSTO modelling the SX separation circuit; MRE (Jan 2025) by Rainbow (Sourced · Rainbow / MRE report) | JORC MRE 35.0Mt @0.44% TREO (phosphogypsum stacks; 0.2% TREO cut-off, Jul 2024); NO ore reserves yet (DFS in progress); yttrium added Nov 2025 (Sourced · Rainbow MRE / Ecora) | — (Absent · not-yet-verified) | — | — |
| Kola (potash) | Republic of Congo | Kore Potash (97%) | DFS (Jan 2019) + Optimisation (Jun 2022) + Optimised DFS (Feb 2025, reflecting the fixed-price EPC) + early works — most advanced potash asset in the screen, but financing-gated (Sourced · Kore Optimised DFS / bitget) | Kore Potash DFS Jan 2019; Optimisation Jun 2022; Optimised DFS Feb 2025 (post-PowerChina-EPC); restated MRE Feb 2025 (Sourced · minedocs / Kore) | Proved & Probable reserves (+ limited Inferred) supporting a 23-yr LOM at 2.2 Mtpa MoP; ~340Mt Inferred upside (Sourced · TipRanks / Kore Feb 2025) | Fixed-price EPC (PowerChina) with delay/penalty provisions de-risks execution; lender IE would accompany financial close (Derived · World Fertilizer / Kore) | — | — |
| Waterberg (PGM) | South Africa | Platinum Group Metals Ltd / Implats / HJ / Mnombo(BEE) | DFS (2019) + DFS UPDATE (effective 31 Aug 2024; filed SEDAR+ 9 Oct 2024); Mining Right granted (2021) — pre-construction (Sourced · PTM 6-K / newsfilecorp) | 2019 DFS by Stantec + DRA; 2024 DFS Update incorporating Implats/JV de-risking (NI 43-101, SEDAR+ Oct 2024) (Sourced · newsfilecorp / PTM) | Proven & Probable 246.2Mt @2.96 g/t 4E for 23.41Moz 4E (100% basis), +0.08% Cu, 0.17% Ni; 54-yr LOM; ~353koz/yr steady-state (Sourced · PTM Waterberg page / newsfilecorp) | Independent DFS Update (Stantec/DRA); lender IE would accompany project-finance close (Derived · PTM) | — | — |
| Longonjo (rare earths) | Angola | Pensana Plc (FSDEA ~29%) | IN CONSTRUCTION (~22% complete, on budget/schedule); 7 years of studies; metallurgical validation at kg-scale completed (Sourced · Discovery Alert / rareearthexchanges) | Pensana development studies (~US$70m over 6-7 yrs); construction program underway 2025-26 (Sourced · Magnetics Mag / Discovery Alert) | Near-surface reserve 22Mt @3.04% TREO containing ~139,457t NdPrO; top-3 undeveloped NdPr deposit; low strip ratio (~0.2:1) (Sourced · Magnetics Mag / Crux Investor) | Multi-ECA/DFI financing (EXIM/AFC/DFC) implies completed lender technical/IE diligence; kg-scale product validated with customers (Derived · Ecofin / Crux Investor) | — | — |
| K.Hill (battery manganese) | Botswana | Giyani Metals (100%) | DFS (28 May 2026) supporting Mineral Reserve declaration; demonstration plant (Johannesburg) produced HPMSM + HPMO; superseded the 2023 PEA (Sourced · Giyani / INN) | Giyani DFS, 28 May 2026 (Technical Report to be filed); 2025 infill drilling (3,185m/61 holes) to upgrade Measured resource (Sourced · Giyani / Resource World) | 8.6Mt Indicated; 2025 infill drilling aimed at upgrading a portion to Measured for the initial 5 years (typical debt-cover period); DFS declares Mineral Reserves (Sourced · Resource World / Giyani) | Independent DFS; demonstration-plant HPMSM/HPMO validated (passed Phase-2 testing with C4V) (Sourced · Giyani / Proactive) | — | — |
| Minim Martap (bauxite) | Cameroon | Canyon Resources / Camalco (Camrail 26.9%) | DFS (1 Sep 2025, 'Tier-One Bauxite Operation' + reserves upgrade); in construction (surface miner mobilised Apr 2026; trial mining) (Sourced · globenewswire / mining-technology) | Canyon DFS, 1 Sep 2025 (superseding the 2022 FS); pre-tax NPV6 US$835m / IRR 29%, post-tax NPV6 US$521m / IRR 22%; Stage-1 capex US$96m (Sourced · Canyon Resources ASX announcement, 1 Sep 2025 (DFS results), Table 2) | Ore Reserve 144Mt @51.2% Al2O3, 1.7% SiO2; JORC Resource 1,102Mt @45.3% Al2O3 (>1.1Bt) — tier-one high-grade, low-silica (Sourced · globenewswire (DFS)) | DFS-backed reserves; commercial debt (AFG) drawn against it; trial mining validating grade at scale (Derived · Crux Investor / mining-technology) | — | — |
| Steelpoortdrift (vanadium) | South Africa | Vanadium Resources (VR8) 86.49% | DFS (Oct 2022, combined Steelpoortdrift + Tweefontein); FEED underway; a newer V-Iron co-production strategy (pig iron + V slag) is in study (Sourced · VR8 / Discovery Alert) | VR8 DFS, 4 Oct 2022 (ASX); ownership since lifted to 86.49% (raises attributable NPV) (Sourced · VR8) | JORC Resource 680Mt @0.70% V2O5 (4.74Mt contained); P&P Reserve 77Mt @0.72% V2O5 (0.55Mt contained); 25-yr DFS plan (180-yr resource) (Sourced · VR8) | Independent DFS (2022); FEED + EPC tender process being prepared (Derived · Mining Weekly / VR8) | — | — |
| Dasa (uranium) | Niger | Global Atomic via SOMIDA (Niger govt 20%) | Updated FS (2024, Phase 1, incl Flank Zone); UNDER CONSTRUCTION (underground dev since Nov 2022; earthworks/civil; plant components arriving) (Sourced · Global Atomic / mining.com) | Global Atomic 2024 DFS (DCPL of Kolkata engaged for plant EPCM); MRE updated May (Indicated +50%) (Sourced · Global Atomic) | Africa's highest-grade uranium deposit; probable reserve ~73Mlb U3O8 (8Mt @~4,113 ppm); ~3-4Mlb/yr over ~23-yr life (Sourced · mining.com / Global Atomic) | DFS-backed; US DFC technical diligence implied by the loan review; construction physically advanced (~US$250m invested) (Derived · Global Atomic / Crux Investor) | — | — |
| Baniaka (iron ore) | Gabon | Genmin (100%) | PFS (Nov 2022) + PFS Addendum (capex savings vs 2022); fully permitted; early civil works — PRE-DFS (no full DFS/BFS; FID not yet taken) (Sourced · nextinvestors / Genmin) | Genmin PFS, 16 Nov 2022 (ASX); PFS Addendum with rapid-completion schedule; Sinohydro EPC bids indicate capex savings (Sourced · Genmin / nextinvestors / MarketScreener) | JORC Resource 758.7Mt @36.7% Fe (incl ~48.2% high-grade component developed first); defined Ore Reserve (Sourced · nextinvestors / Genmin) | PFS + EPC bid review (Sinohydro); no lender IE yet (pre-FID) (Derived · MarketScreener) | — | — |
| Kanyika (niobium) | Malawi | Globe Metals & Mining (100%) | BFS completed (Apr 2026; FS 2021 + optimisation Feb 2024 preceded it); fully permitted; EARLY WORKS begun (Jan 2026, Sinomine) (Sourced · mining-technology / mining.com.au) | Globe BFS Apr 2026 (LogiProc lead; SLR/Orelogy/Eco Elementum specialists); reserve as of Mar 2026 (Sourced · mining-technology (BFS)) | P&P Reserve 33.8Mt @3,050 ppm Nb2O5 + 142 ppm Ta2O5 (85% Probable/15% Proved); 24-yr life; pilot-validated flowsheet (Sourced · mining-technology / Discovery Alert) | BFS by independent specialists; Sinomine early-works validating construction/operating cost inputs; lender IE would accompany FID financing (Derived · Globe / mining-technology) | — | — |
| Vara Mada / Toliara (mineral sands + REE) | Madagascar | Energy Fuels (100%) | Updated FS (8 Jan 2026; S-K 1300 + NI 43-101; supersedes 2021 DFS + 2024 monazite PFS) — advanced, PRE-FID (Sourced · Energy Fuels / FS report) | Energy Fuels FS, effective reserve date 30 Jun 2025; Lycopodium site inspection Feb 2025; TZMI + Adamas price decks (Sourced · FS report / prnewswire) | World-class HMS Reserve/Resource (ilmenite/zircon/rutile/monazite); ~959kt ilmenite + 66kt zircon + 24kt monazite/yr; ~38-yr life (Sourced · mining.com / Ecofin) | Independent FS (S-K 1300 + NI 43-101 QPs); monazite-permit addition + govt agreement outstanding pre-FID (Sourced · Energy Fuels) | — | — |
| Farim (phosphate) | Guinea-Bissau | Itafos (100%) | Updated FS (May 2023, NI 43-101; consolidates 2015-2022 de-risk incl pilot-plant runs) — FS-complete but 2023-vintage, PRE-FID (Sourced · Itafos / globenewswire) | Itafos FS by Ausenco (effective 17 May 2023); KEMWorks/WSP-Golder/Knight Piesold support (Sourced · mining-technology / Itafos) | M&I 105.6Mt @28.4% P2O5 + Inferred 37.6Mt @27.7%; high-grade free-dig (ROM 30% P2O5); 25-yr life; 3 pilot-plant runs validated the flowsheet (Sourced · newsfilecorp / Itafos FS) | Independent FS (Ausenco, NI 43-101); pilot-validated flowsheet (Sourced · Itafos) | — | — |
| Boumadine (polymetallic Au-Ag-Zn-Pb) | Morocco | Aya Gold & Silver (operates Zgounder) | PEA (4 Nov 2025, NI 43-101; report filed 18 Dec 2025); FS work program commenced Mar 2026 (FS targeted H2-2027) — PEA-stage, pre-DFS (Sourced · globenewswire / Morocco World News) | Aya PEA effective 4 Nov 2025 (Lycopodium + WSP QPs); MRE update targeted H2-2026 (SRK); 360,000m infill drilling 2026-27 (Sourced · globenewswire / Aya) | District-scale polymetallic (Au-Ag-Pb-Cu-Zn); Main Trend 5.4km + Tizi + Imariren; PEA-stage MRE (inferred-inclusive); no reserves yet (Sourced · Aya / globenewswire) | Independent PEA (NI 43-101 QPs: Lycopodium/WSP); FS engineering underway (SGS metallurgy, SRK MRE) (Sourced · globenewswire / Aya) | — | — |
| Lofdal (heavy rare earths) | Namibia | Namibia Critical Metals 95% (JOGMEC JV) | PFS (Dec 2025, NI 43-101 'Lofdal 2B-4'; filed SEDAR 13 Jan 2026); DFS underway (JOGMEC-funded; DFS targeted Q2 2027) — pre-DFS (Sourced · NCMI / rare-earth-mining.com) | NCMI PFS Dec 2025 (SGS Bateman lead); DFS de-risking + resource drilling (Area 2B + Area 5) funded by JOGMEC (Mar 2026) (Sourced · NCMI / stocktitan) | M&I 58.5Mt @0.16% TREO; P&P Reserve 32Mt @0.176% TREO (13-yr life); 4,503t Dy2O3 + 693t Tb2O3 contained; uranium/thorium-free (Sourced · rare-earth-mining.com / NCMI PFS) | PFS by SGS Bateman + specialists; DFS (Q2-2027) is the next IE-grade milestone; pilot-scale metallurgy validated (Sourced · NCMI / Crux Investor) | — | — |
| Haib (copper-moly-gold porphyry) | Namibia | Koryx Copper (100%) | PEA (4 Sep 2025, NI 43-101) + updated MRE (effective 16 Mar 2026); PFS targeted late 2026 — PEA-stage, pre-DFS (Sourced · Koryx / globenewswire) | Koryx PEA effective 4 Sep 2025; updated MRE Mar 2026; Phase 2/3 infill drilling toward Indicated conversion + PFS (late-2026) (Sourced · globenewswire / Koryx) | Large Cu-Mo-Au porphyry (>80,000m drilled since 1970s; Falconbridge/Rio/Teck pedigree); updated MRE Mar 2026; drilling toward full-Indicated mid-2026 (Sourced · globenewswire / Koryx) | Independent PEA + MRE (NI 43-101 QPs); PFS (late-2026) is the next IE-grade milestone (Sourced · Koryx) | — | — |
| Orom-Cross (graphite) | Uganda | Blencowe Resources (100%) | DFS COMPLETED (Dec 2025, JORC) — construction-grade; transitions project into financing/development (Sourced · Blencowe / miningweekly) | Blencowe DFS Dec 2025; revised JORC Resource Nov 2025 (47% reserve increment); Stage-7 drilling (7,000m+; Beehive/Iyan new deposits) (Sourced · Blencowe / Investegate) | JORC Resource 26.10Mt @5.58% TGC; Reserve 23.08Mt @5.18% TGC (from only ~2% of tenement); large coarse-flake, shallow, free-dig; 15-yr initial LOM (Sourced · Blencowe DFS) | DFS by experienced graphite engineering firm (JORC); DFC/AFC technical diligence (Sourced · Blencowe) | — | — |
| Bankan (gold) | Guinea | Predictive Discovery (100%) | DFS (Jun 2025, builds on Apr-2024 PFS; +/-15% accuracy) — construction-grade, financing/permit-gated (Sourced · Predictive Discovery / Argonaut) | PDI DFS Jun 2025 (Q1-2025 pricing); MRE Competent Person Phil Jankowski; open-pit (NEB+BC) + NEB underground; 4.5Mtpa CIL; 92.8% recovery (Sourced · Predictive Discovery) | MRE 5.53Moz (NEB 4.89 + BC 0.49 + Fouwagbe 0.12 + Sounsoun 0.03); Probable Reserve 2.95Moz (51.6Mt @1.78 g/t); production profile 90.6% Reserves / 9.4% Inferred (Sourced · Predictive Discovery / miningreview) | Independent DFS (NI 43-101/JORC QPs); one of the highest-quality global gold development projects (Argonaut) (Sourced · Argonaut / Predictive Discovery) | — | — |
| Zanaga (iron ore) | Republic of Congo | Zanaga Iron Ore Co (100%) | FS-complete + fully permitted; Apr-2026 economic UPDATE (DRI-grade revision); core FS is 2014-vintage (refreshed) — pre-construction (Sourced · miningweekly / ZIOC) | Apr-2026 economic update (DRI-grade): Stage-1 NPV US$2.54bn/IRR 22.5%/capex US$2.17bn; combined NPV US$4.90bn/IRR 24.3%/capex US$4.05bn (Sourced · miningweekly) | World-class JORC Resource ~6.9Bt (among the largest globally); high-grade DRI concentrate 68.5% Fe (Stage 1) / 68.8% (combined); 30Mtpa / ~30yr staged (Sourced · Shard/ZIOC / Zanaga) | Long-standing FS + 2025 DRI testwork validation + Apr-2026 economic update; FID-grade refresh outstanding (Sourced · miningweekly / discoveryalert) | — | — |
| Muntanga (uranium) | Zambia | Atomic Eagle (100%; ex-GoviEx) | FS/BFS (GoviEx, filed Mar 2025, NI 43-101; restated by Atomic Eagle) — fully costed, financing-gated (Sourced · GoviEx / Crux Investor) | GoviEx FS (Ukwazi + SRK (UK) + SGS Bateman), effective 1 Jan 2025; MRE effective 31 Jan 2024 (SRK QP Andre Deiss) (Sourced · GoviEx / newsfilecorp) | M&I 40.0Mlb U3O8 (50.4Mt @359ppm) + Inferred 18.8Mlb (combined ~58.8Mlb @309ppm); Probable Reserves support 12-yr LOM; ~2.2Mlb/yr; 90.5% recovery (Sourced · Crux Investor / World Nuclear News) | Independent FS (NI 43-101 QPs); restated by Atomic Eagle; larger-scale expansion FS targeted late-2027 (Sourced · GoviEx / Crux Investor) | — | — |
| Bilboes (gold) | Zimbabwe | Caledonia Mining (100%) | FS published 25 Nov 2025 (DRA Projects; TRS/NI 43-101 + S-K 1300) + DECISION TO PROCEED (FID) + FEED commencing — construction-grade (Sourced · Caledonia / mining-technology) | DRA Projects FS (Nov 2025); reserve effective 31 Oct 2025; single-phase development confirmed most economic (Sourced · Caledonia / globenewswire) | P&P Reserve 1.75Moz @2.26 g/t (24.1Mt); M&I (excl reserves) 532koz @1.37; Inferred 984koz @1.62; LOM 1.55Moz / 10.8yr; refractory -> BIOX (Sourced · Caledonia / miningweekly) | Independent FS (DRA Projects); FID taken; FEED underway (Sourced · Caledonia) | — | — |
| Douta (gold) | Senegal | Thor Explorations (100%) | PFS completed (Jan 2026); Thor positioning to 'fast-track' to an updated feasibility study — PFS-level (pre-DFS), construction-targeted H2-2026 (Sourced · African Mining Market / mining-technology) | Douta PFS Jan 2026 (with EPC contractor); 2026 40,000m drilling + resource update Q3-2026 (Sourced · African Mining Market) | Probable Reserve 1.2Moz (36.6Mt @1.03 g/t, Jan 2026); ~1Moz LOM; staged oxide-then-primary; 89%+ recovery class (Sourced · mining-technology) | Independent PFS (NI 43-101); DFS to follow; EPC pricing established (Sourced · African Mining Market) | — | — |
| Bekisopa (iron ore) | Madagascar | AKORA Resources (100%) | PFS completed (Mar 2025; upgraded the prior scoping study) + DFS commencing — PFS-level (pre-DFS), FID targeted H1-2026 (Sourced · minedocs PFS / smallcaps) | Akora Bekisopa PFS Mar 2025; resource upgrades through 2025; DFS + EIA + permitting underway (Sourced · minedocs PFS / smallcaps) | DSO Indicated+Inferred ~7.9Mt @58.8% Fe (starter); broader Inferred ~194.7Mt with +68% Fe DRI-grade concentrate potential; 2Mtpa DSO @61.6% Fe blended (Sourced · Akora / minedocs PFS) | Independent PFS (JORC); DFS commencing as the next IE-grade milestone (Sourced · smallcaps) | — | — |
| Enchi (gold) | Ghana | Newcore Gold (100%) | PFS completed (effective 23 Jun 2026; builds on 2024 PEA) — PFS-level (pre-DFS); basis for the 2026 mining-lease application (Sourced · Newcore / globenewswire) | Newcore PFS Jun 2026 (Lycopodium Canada lead; Fuse/Knight Piesold/DRA); MRE effective 6 Oct 2025 (announced 18 Mar 2026) (Sourced · Newcore / mining-technology) | Indicated 83.6Mt @0.56 g/t = 1,502,000 oz (Reserves inclusive) + Inferred 40.1Mt @0.49 g/t = 626,000 oz; four deposits, all open; 80,000m drilling underway (Sourced · Newcore / globenewswire) | Independent PFS (NI 43-101 QPs); DFS to follow; mining lease the next milestone (Sourced · Newcore) | — | — |
| Boundiali (gold) | Cote d'Ivoire | Aurum Resources (operator/owner) | PFS delivered (May 2026, AACE Class 4 +/-25%) + maiden Ore Reserve; Board endorsed DFS (Q3/Q4-2026) — PFS-level (Sourced · Aurum PFS / investingnews) | Aurum Boundiali PFS May 2026; MRE 3.0Moz (100Mt @1.0 g/t, Feb 2026; SLR-reviewed); 100,000m drilling + further MRE Q3-2026 (Sourced · Aurum / investorpa) | JORC MRE 3.0Moz (Indicated 1.70Moz; grown 1.58 -> 3.22Moz in 17 months) + maiden Ore Reserve; CIL recovery 71% baseline, flotation upside to ~90% (Sourced · Aurum PFS / investorpa) | Independent PFS (JORC; SLR site reviews); DFS Q3/Q4-2026 with a major MRE/Reserve update to underpin the mine plan (Sourced · Aurum PFS) | — | — |
| Afema (gold) | Cote d'Ivoire | Turaco Gold (80%; Sodim 20%) | PFS completed 17 Jun 2026 (maiden Probable Reserve); moving immediately to DFS (Q2-CY2027) + detailed design — PFS-level (Sourced · miningweekly / smallcaps) | Turaco Afema PFS 17 Jun 2026; MRE 4.65Moz (116.7Mt @1.2 g/t) Mar 2026; ongoing 10,000m/month exploration drilling (Sourced · Turaco / tradingview) | MRE 4.65Moz (1.2 g/t) + maiden Probable Reserve 55.1Mt @1.1 g/t = 1.91Moz; 6Mtpa plant (CIL + flotation/UFG/CIL), 87-88% recovery; six deposits, all open (Sourced · Turaco PFS / tradingview) | Independent PFS (JORC); DFS Q2-2027 to firm reserves/economics (Sourced · Turaco PFS) | — | — |
| TGME (gold) | South Africa | Theta Gold Mines (74%; 26% BEE) | Optimised Feasibility Study (Feb 2026, Minxcon); now in CONSTRUCTION — the most advanced study/stage in the screen (Sourced · miningweekly / miningreview) | TGME Optimised FS Feb 2026 (Minxcon); supersedes 2022 FS (Sourced · miningweekly) | Resource 6.1Moz (45.84Mt @4.17 g/t; high-grade); base-case plan 6.34Mt @4.96 g/t = ~1.01Moz mined, 870koz recovered @86.2%; P&P 558koz (first 7yr) (Sourced · Wikipedia / miningweekly) | Independent Optimised FS (Minxcon); construction-stage with appointed owners' engineers (RM Process, Eco Elementum) (Sourced · miningweekly / miningreview) | — | — |
| Diamba Sud (gold) | Senegal | Fortuna Mining (100% via Boya SA) | PEA (15 Oct 2025); FS targeted Q2-2026 then construction decision — PEA-level, but with early works already underway (Sourced · Fortuna / mining.com) | Diamba Sud PEA 15 Oct 2025 (Technical Report effective 15 Oct 2025); updated MRE Feb 2026 (Sourced · Fortuna) | Indicated 1.25Moz (updated Feb 2026; Southern Arc 367koz largest deposit); seven deposits; ~840koz LOM production (Sourced · Fortuna / intellectia) | Independent PEA (NI 43-101); FS Q2-2026 to firm reserves/economics (Sourced · Fortuna) | — | — |
| Bunyu (graphite) | Tanzania | Volt Resources (100%; UOF 62% pending) | Stage-1 FS (updated Aug 2023), now being REVISED by UOF (lower-capex 40ktpa redesign); permits in hand — financing-stage (Sourced · miningweekly / smallcaps) | Bunyu Stage-1 FS updated Aug 2023 (prior 2018 FS / 2016 PFS for Stage 2); revised FS pending under UOF (Sourced · miningweekly / tanzaniainvest) | 461Mt @4.9% TGC = 22.6Mt contained graphite; Reserve 127Mt @4.4% TGC; Stage-1 40ktpa 94% TGC concentrate, Stage-2 -> 170ktpa (Sourced · voltresources / tanzaniainvest) | Independent FS (Aug 2023); revised FS to be prepared by UOF as a condition precedent (Sourced · miningweekly) | — | — |
| Ancuabe (graphite) | Mozambique | Triton Minerals (80%; Moz govt 10%) | DFS complete (Dec 2017, updated Feb 2024 — lower capex, 1.2Mtpa plant) — DFS-level, FID pending (Sourced · mining.com.au / mining-technology) | Ancuabe DFS Dec 2017; updated DFS Feb 2024 (Triton ASX:TON) (Sourced · mining.com.au) | JORC reserve 24.9Mt @6.2% TGC = 1.54Mt contained graphite (high-purity large flake); ~60-70ktpa over 27yr (Sourced · nsenergybusiness / clubofmozambique) | Independent DFS (2017, updated 2024) (Sourced · mining.com.au) | — | — |
| Zandkopsdrift (REE + Mn) | South Africa | Frontier Rare Earths (IDC/Carester/Komir partners) | Updated PFS (2025) + DFS underway (commenced Feb 2026, completion H1-2027) — PFS-level, DFS in progress (Sourced · prnewswire / crown.co.za) | Updated PFS 2025; DFS commenced Feb 2026 (Carester technology), completion H1-2027 (Sourced · prnewswire) | P&P Reserves support >45-yr mine life; ~3,038 tpa NdPr oxide + 114 tpa Dy + 25 tpa Tb (first 25yr); magnet REE ~94% of contained value (Sourced · prnewswire / crown.co.za) | Independent PFS (2025); DFS underway with Carester separation technology (Sourced · prnewswire) | — | — |
| Kandiole (gold) | Mali | Roscan Gold (100%) | PEA (effective Feb 2026; TR filed Apr 2026) — PEA-level (pre-DFS); leans on Inferred resources (Sourced · Roscan / theglobeandmail) | Kandiole PEA effective Feb 2026 (Bara Consulting UK); MRE effective 19 Feb 2026 (Sourced · Roscan) | Indicated 58.2Mt @0.68 g/t = 1.283Moz + Inferred 5.6Mt @0.52 g/t = 0.09Moz; ~97% of mill feed from Indicated; four deposits (Sourced · Roscan / marketscreener) | Independent PEA (NI 43-101; Bara Consulting); DFS to follow (Sourced · Roscan) | — | — |
| Steenkampskraal (REE + thorium) | South Africa | SMM (Holdings + Bora; IDC-funded) | CONSTRUCTION-stage (Phase-1 plant); first monazite concentrate already produced from the metallurgical circuit; lab-scale mixed-RE products achieved with Mintek (Sourced · steenkampskraal / africanminingmarket) | Phased techno-economic plan (NI 43-101 resource); SMM/Mintek lab-scale beneficiation 2026; Phase-1 commissioning Aug 2026 (Sourced · rareearthexchanges / crown.co.za) | One of one of the world's highest-grade REE depositss (RoM ~14.4% TREO+Y2O3; monazite concentrate >50% TREO; Nd ~56.6% of REE, Dy ~14.2%, Pr ~12.4%, Tb ~9.6%); ~ZAR1bn sunk (Sourced · esi-africa / crown.co.za) | NI 43-101 resource; phased plan; commercial-scale separation/recovery still to be proven (Sourced · rareearthexchanges) | — | — |
| Balama Graphite | Mozambique | — | 2022 Ore Reserve and Mineral Resource completed by Snowden Optiro; Competent Persons Jon Hudson (mining/reserve), Nobert Paradza (metallurgical), Dr Andrew Scogings and Julian Aldridge (resources), Robert Barnett (data); estimates as at 31 Dec 2022 (Sourced · Syrah Resources ASX release 'Updated Balama Ore Reserve and Mineral Resource', 30 Mar 2023 (preserved, archive/bytes/)) | Ore Reserve 109.6 Mt @ 16.3% TGC (Probable), 17.8 Mt graphite. Mineral Resource 1,034.8 Mt @ 11.6% TGC (M+I+Inf), inclusive of Ore Reserves. Effective 2025-12-31; 100% asset; JORC 2012. (Sourced · Syrah Resources Annual Report 2025, printed pp. 33-34 (PDF 35-36); basis per ASX 30 Mar 2023 (archived) (sha256 07c9c4e6f785989e…)) | — (Absent · not-disclosed) | Ore Reserve 110.3 Mt @ 16.4% TGC entirely PROBABLE — Snowden Optiro classified all Measured Mineral Resource as Probable due to uncertainty in modifying factors, particularly product pricing and operating costs. No Proved Ore Reserve. Mineral Resource 1,035.7 Mt @ 11.6% TGC (Measured 21.7 Mt, Indicated 240.2 Mt, Inferred 773.8 Mt), reported inclusive of Ore Reserves. (Sourced · Syrah Resources ASX release 'Updated Balama Ore Reserve and Mineral Resource', 30 Mar 2023 (preserved, archive/bytes/)) | Row created 7 Sep 2026 to give this asset a record in this feed; every cell carries its own state and source. Absence of a row was not a statement that the fields were absent. | |
| Kamoa-Kakula | DRC | — | Kamoa-Kakula Mineral Reserve and Mineral Resource Technical Report, effective 31 Dec 2025, dated 31 Mar 2026: AMC Consultants (overall report, mining and Mineral Reserves), MSA Group (Mineral Resource estimation), DRA Global (metallurgical processing), Epoch Resources (TSF design), Steve Amos of Ivanhoe (non-independent). Independent QPs: Karl van Olden (AMC), Jeremy Witley (MSA), Tony Nyakudarika (Sourced · Ivanhoe Mines news release 'updated, independent study results for the Kamoa-Kakula Copper Complex', 31 Mar 2026 (preserved, archive/bytes/)) | Mineral Reserve 466 Mt @ 2.82% Cu is entirely PROBABLE — 'Proven Mineral Reserve: —' in the issuer's own table; no Proven Reserve has been declared or depleted since 31 Dec 2022. Indicated Mineral Resource 1,272 Mt @ 2.65% (34 Mt Cu); Inferred 336 Mt @ 1.8% (6.1 Mt Cu). Resources reported inclusive of Reserves, 100% project basis; Ivanhoe attributable 39.6%. (Sourced · Ivanhoe Mines news release 'updated, independent study results for the Kamoa-Kakula Copper Complex', 31 Mar 2026 (preserved, archive/bytes/)) | — (Absent · not-yet-verified) | — | Row created 7 Sep 2026 to give this asset a record in this feed; every cell carries its own state and source. Absence of a row was not a statement that the fields were absent. | |
| Manono Lithium District | DRC | — | Ore Reserve estimate prepared by CSA Global; Competent Person Daniel Grosso (MAusIMM), Ore Reserve Report 240.2021, July 2021. Underlying Mineral Resource estimate released 24 May 2021, Competent Person Anton Geldenhuys (CSA Global). FS completed April 2020, updated July 2021 by AVZ. (Sourced · AVZ Minerals ASX 'JORC Ore Reserves increase by 41.6% at Roche Dure', 14 Jul 2021, incl. CSA Global Ore Reserve Report 240.2021 Ch.4 (preserved, archive/bytes/)) | Ore Reserve 131.7 Mt @ 1.63% Li2O, 990 ppm Sn (Proved+Probable). Mineral Resource 842 Mt @ 1.61% Li2O (M+I+Inf (Roche Dure 669 Mt; Carriere de l'Este 173 Mt Inferred)), basis not stated in the release. Effective 2024-01-22; 100% basis inclusive of Cominiere's 25% interest (as printed); JORC 2012. Reserve estimated on the pre-2024 resource model; the resource has since been re-estimated (per the Ja (Sourced · AVZ Minerals ASX release 31 Jan 2024; reserve ASX 14 Jul 2021 (archived sha256 2098b2637d9a2d31), PDF pp. 6, 8, 9 (sha256 33348d720a2d1969…)) | — (Absent · not-yet-verified) | Ore Reserve 131.7 Mt @ 1.63% Li2O: 65.0 Mt Proved (1.64%) and 66.6 Mt Probable (1.61%); 49% of Ore Reserves derived from Measured Mineral Resource. Pit optimisation and FS used Measured and Indicated only; Inferred treated as waste. (Sourced · AVZ Minerals ASX 'JORC Ore Reserves increase by 41.6% at Roche Dure', 14 Jul 2021, incl. CSA Global Ore Reserve Report 240.2021 Ch.4 (preserved, archive/bytes/)) | Row created 7 Sep 2026 to give this asset a record in this feed; every cell carries its own state and source. Absence of a row was not a statement that the fields were absent. |
Screen over 62 assets, including two in the DRC and two in Uganda, recorded on the same terms as every other project under the editorial recusal (no editorial opinion) · source /api/v1/technical.json · pipeline /api/v1/financeability.json · 2026-06-29 · v2.137.281 · every change on the record
Three-state: Sourced · Derived inferred / desk-level (method named) · Absent named, never filled · N/A axis does not apply.