The explorer flagged laboratory results showing platinum group metal values above 7 parts per million alongside a preliminary graphite inventory of up to 1.97 million tonnes at its Tanzanian projects.

Amigo Resources reported 10 kilograms of gold produced in August at its Tanzanian operations, all recovered through gravity concentration ahead of a planned leaching circuit expansion.

The gold miner's board targets an inaugural dividend within 12 months, funded by cash flow from its Tanzanian operations.

The company has agreed a non-binding memorandum of understanding with Tanzania's state mining corporation to assess a graphite tailings recovery project, with exclusivity granted while the parties negotiate a definitive agreement.

The miner produced its first 5 kilograms of gold from the Mojimoto and Kabete plants, marking the shift from commissioning to active production.

The gold miner has moved into production at its Mojimoto and Kabete sites and will introduce monthly output disclosure, while flagging a possible reverse takeover.

Initial geochemical screening at the Musensi Hill rare earth project shows elevated strontium, potassium and phosphorus, but the company cautions the results cannot yet indicate REE grade or economic potential.

The mine developer is commissioning is complete at two Tanzanian pilot processing facilities, each capable of an initial production target of around 20kg of gold a month.

Amigo Resources has named Nathan Boom as CEO as Nicholas Beal steps back to focus solely on his Executive Director and Company Secretary duties.

"Laboratory analyses are currently underway and will be integrated with the geological mapping to guide the next phase of work, including drill target generation," said Executive Chairman Craig Ransley.

The Tanzania-focused explorer has recovered approximately 1.1 kilograms of gold during pilot-scale commissioning at Kabete, following receipt of its processing licence, while early micro-seismic results point to multiple subsurface targets.

Amigo Resources agreed subscriptions for 139.71m shares at 2.2p to support working capital and support a possible reverse transaction.

The JV will advance three contiguous rare-earth prospecting licences totalling 17.73 km² in Tanzania’s Songwe Region.

It will fund a structured drilling campaign across nine identified PML areas at the Mojimoto Project in Tanzania and is advancing a pilot plant to reprocess tailings while seeking joint venture stakes of up to 80%.

Amigo Resources has received formal mineral licences for the Kabete Gold Project in Tanzania, mobilised teams and started on-ground verification and exploration at its 51% interest.

The company says it will build processing and aggregation hubs that can be operational within 3–6 months, take 50–80% production participation from artisanal and small‑scale miners and target a 28‑commodity critical minerals portfolio.

Azima, Amigo's UAE subsidiary, will fund at least $1.2m into Kabete, a 51%‑owned Tanzanian JV, and pilot production is expected to yield about 5kg of gold in April 2026.