News Articles for Toubani Resources

Shares of West African gold developer Toubani Resources surged 19 per cent after assuring it's pressing ahead with its Mali project, despite reports of security concerns and fuel restrictions

Toubani Resources boss Phil Russo has welcomed the securing of a $395 million funding package, as the Mali-focused eyes off a potential FID later this year.

The bauxite developer jumped nearly 20 per cent on its ASX debut, with shares changing hands at 71 cents apiece.

Mali-focused Toubani Resources has announced it will raise $29 million in a bid to further progress its Kobada gold project towards a positive final investment decision later this year.

West African gold stock Robex Resources is preparing to list on ASX after rattling the tin in a $120 million equity raise.

In this week's edition of Bulls N' Bears Big Hits, we unravel some of the more curious drill intersections revealed on the ASX last week, including Turaco Gold's long 105m hit at 1.61 grams per tonne gold from 135m. We also take a close look at other notable drill hits from Everest Metals Corporation, Toubani Resources, Venture Minerals and Aurum Resources.

Our board moves wrap includes David Church, Michael Caruso, Glenn Whiddon, and Mark Strizek.