Modern Mining February 2026

MINING NEWS

Orezone delivers first gold from Bomboré hard rock expansion West African gold producer, Orezone Gold has completed the first gold pour from the company’s new 2.5 mtpa hard rock expansion. Patrick Downey, CEO stated, “Commissioning of this plant is now

complete, with mill throughput averaging 78% of nameplate capacity for the first 5 days of operations, resulting in first gold on December 15. I want to extend my sincere gratitude to all involved in the construction and commissioning of the Bomboré hard rock expansion. Their dedication, hard work and commitment to excellence have safely delivered the Stage 1 expansion on time and on budget over a construction period of approximately 12 months. This is a commendable achievement, reflecting an industry-leading level of project delivery. Commercial production is expected to be declared in early Q1-2026, and will represent a major milestone for Orezone, with overall gold production

Bomboré hard rock expansion project.

point, underscored by the company’s solid balance sheet and record high gold prices.” n Critical Metals Board changes LSE-listed Critical Metals, currently developing the Molulu Copper/Cobalt Project in the Democratic Republic of Congo, announced two changes to its Board of Directors. Ali Farid Khwaja has resigned as CEO, with immediate effective. Danilo Lange has been appointed as interim CEO of the company while the Board carries out an executive search process in the coming months. The Board is confident that Lange has the skills and experience to continue the company’s development. Lange is an experienced international executive with over 25 years of leadership experience across mining, consumer goods, and marketing sectors. He has a proven history in corporate turnaround, business expansion, and cross-cultural team management in Europe, the Middle East, and Eastern Europe. He previously served as CEO of a NASDAQ OMEX listed gold producer and exploration company in Sweden. n

at Bomboré set to increase by 45% to 170 000-185 000 oz in 2026. This will mark a significant cash flow inflection

First equipment shipment into UAE arrived for Anode facility

be installed in the preexisting industrial building selected by the company within the Industrial City of Abu Dhabi (ICAD). The company also reports significant progress in the FrontEnd Engineering and Design (FEED) phase. The FEED work has progressed to schematic design, providing further definition on plant design, capital requirements, and execution planning. This growing level of technical and cost certainty will form a key input into the Final Investment Decision (FID). Following a successful FID, the company will proceed with full equipment procurement, installation, commissioning, and rampup in accordance with its phased development plan. Hanré Rossouw, CEO of NextSource, commented: “The arrival of long-lead equipment in Abu Dhabi is a tangible demonstration of continued progress on our Battery Anode Facility. Securing these items proves logistical supply chains into the UAE. With the ICAD building secured, we are strengthening the foundations for a disciplined and efficient development phase.” n

Hanré Rossouw, CEO of NextSource Materials.

TSX-listed NextSource Materials has announced that the first shipment of equipment for its proposed Battery Anode Facility (BAF) arrived in Abu Dhabi in the United Arab Emirates (UAE). The shipment consists of longlead items for anode processing which the company previously procured. The procurement of key processing equipment and delivery of the components are critical in demonstrating the company’s proactive approach and ability to deliver, ensuring that key equipment is secured ahead of installation and commissioning. The equipment will

4  MODERN MINING  www.modernminingmagazine.co.za | February 2026

Made with FlippingBook flipbook maker