en.Wedoany.com Reported - Toubani Resources (ASX: TRE) has appointed Corica Mining Services as the mining contractor for its Kobada gold project in southern Mali.

Following a comprehensive tender process, the contract has an initial term of five years. The parties are finalizing formal documentation for the appointment, and an initial equipment order has been placed.

The mining fleet is scheduled to mobilize at the site in the fourth quarter of 2026, with first ore expected to be delivered in the first quarter of 2027, ahead of the processing plant's commissioning.

Toubani Managing Director Phil Russo stated that appointing Corica marks another significant step toward production at the Kobada project. Partnering with an extremely experienced and proven mining contractor like Corica strengthens Kobada's path to production, and the company looks forward to building a long-term relationship. With the mobilization of the mining fleet underway, the project is progressing on schedule with its development timeline.

Corica is described as a mining contractor with an extensive track record in West African operations, boasting over 20 years of mining services experience and currently focusing on large-scale projects owned by ASX and TSX-listed mining companies. The contractor has more than 3,500 employees and 1,250 pieces of equipment.

Toubani Resources is a well-established gold developer focused on bringing its oxide-focused Kobada gold project in Mali into production. The project has completed a Definitive Feasibility Study (DFS) and has a fully funded development pathway.