Haranga Resources
Haranga Resources Limited (ASX: HAR) is a Perth-based, pre-revenue mineral exploration and development company advancing uranium and gold projects in Senegal (Saraya, Ibel South) and California (Lincoln Comet), with the goal of future commodity sales into nuclear and gold markets.
- Company typePublic
- Founded2010
- HeadquartersVictoria Park, Australia
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Haranga Resources does
Haranga Resources Limited (ASX: HAR) is an Australian-domiciled, multi-commodity mineral exploration and development company. It is headquartered in Victoria Park, Perth, Western Australia, and holds three principal assets: the Saraya Uranium Project in south-east Senegal (70% interest, with Mandinga Resources SARL free-carried at 30%), the Ibel South Gold Project in Senegal's Birimian Kenieba inlier, and the Lincoln Comet Gold Project in California's Mother Lode Belt (acquired July 2025). The Saraya asset is the most advanced, with a maiden JORC 2012 Inferred resource of 12.5Mt at 587ppm U3O8 for 16.1Mlbs contained uranium built on more than 65,000 metres of historical Areva/Cogema drilling, while Lincoln delivered a maiden JORC resource of 402,000oz at 5.1g/t Au in June 2026 and includes a fully permitted 315ktpa processing plant, 1,780 metres of underground development and over A$90 million of sunk capital. Haranga's technical approach combines termite mound sampling with portable XRF (Olympus Vanta-M) to overcome the laterite hardcap at Saraya, together with RC, diamond and auger drilling and Indicator Kriging resource estimation.
The company is pre-revenue and pre-production; its business model is the typical ASX junior-mining model of advancing exploration projects through resource definition, feasibility studies and ultimately mine development, monetising value through equity-market re-rating, dilution-funded exploration, and (eventually) commodity sales. Future revenue, if and when projects reach production, is expected to come from uranium concentrate sold into global nuclear-utility and uranium-trader markets (uranium spot was approximately US$65/lb in 2024) and from gold dore or concentrate sales from Lincoln and Ibel South. Go-to-market is event-driven and investor-focused: drilling results, resource upgrades, permit renewals and acquisitions are announced via ASX disclosures, investor presentations, broker research, industry media, and direct investor communications including email alerts and shareholder meetings. Customers are not yet contracted; the only named commercial counterparty is JV partner Mandinga Resources SARL.
Haranga Resources firmographics
Firmographics- Name
- Haranga Resources
- Legal name
- Haranga Resources Limited
- Website
- https://haranga.com
- Company type
- Public
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Haranga Resources Limited (ASX: HAR) is a Perth-based, pre-revenue mineral exploration and development company advancing uranium and gold projects in Senegal (Saraya, Ibel South) and California (Lincoln Comet), with the goal of future commodity sales into nuclear and gold markets.
- Ownership category
- akta.pro rank
Haranga Resources industry classification
Industry- Product category
- Mineral Exploration and Mining
- NAICS
- Gold Ore and Silver Ore Mining (21222)
- SIC
- Gold And Silver Ores (1040), Miscellaneous Metal Ores (1090)
- akta.pro primary industry
- Uranium Exploration & Resource Development (EUAKACAA)
- akta.pro secondary industry
- Precious Metals Exploration & Project Development (IMAKAEAI)
Keywords
Where Haranga Resources is headquartered
LocationHeadquarters
- HQ city
- Victoria Park
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
Haranga Resources business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Supply Chain, Technology or R&D, Marketing or Sales, Others
Revenue model
- Uranium Production and Sales: Pre-production exploration company targeting uranium production from Saraya Uranium Project in Senegal. The project has a maiden JORC mineral resource of 12.5Mt at 587ppm U3O8 for 16.1Mlbs contained uranium. Future revenue will come from uranium concentrate sales into the global nuclear energy market.
- Gold Production and Sales: Pre-production exploration company developing gold projects including Lincoln Comet Project in California (maiden JORC resource of 402,000oz @ 5.1g/t Au) and Ibel South Gold Project in Senegal. Future revenue will come from gold dore bar or concentrate sales.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels8 records
Haranga Resources product offering
Product offeringCore offering
Haranga Resources is a multi-commodity mineral exploration and development company advancing three mining projects: the Saraya Uranium Project in Senegal (70% interest), the Ibel South Gold Project in Senegal, and the Lincoln Comet Gold Project in California, USA. The company sells no products today as a pre-production explorer; its current offering is the development and resource delineation of uranium and gold assets intended to supply future uranium concentrate to nuclear utilities and gold doré/concentrate to refiners.
Product overview
Haranga Resources is an African-focused multi-commodity mining exploration and development company. The company's project portfolio consists of three distinct mining projects: the Saraya Uranium Project in Senegal (70% owned), the Ibel South Gold Project in Senegal, and the Lincoln Comet Gold Project in California, USA. The company operates as a project developer rather than a software product company, with its core business centered on mineral exploration, resource development, and advancing projects toward production.
Differentiator
Problem solved
Functional benefit
Products and services
- Saraya Uranium Project Advanced-stage uranium exploration project spanning 1,650km2 in south-east Senegal, targeting uranium supply for the global nuclear energy market. Haranga holds 70% interest with Mandinga Resources SARL holding a 30% free-carried interest to Pre-Feasibility Study. The asset carries a JORC 2012 inferred resource of 16.1Mlbs U3O8 supported by 65,000m of historical drilling.
- Lincoln Comet Gold Project High-grade gold mining project in the Mother Lode Belt of California, USA, with a maiden JORC resource of 2.46Mt @ 5.1g/t Au for 402,000oz Au. The project includes a permitted 315ktpa processing plant, 1,780 metres of underground decline development, and over A$90M of sunk capital, positioning it for near-term production restart.
- Ibel South Gold Project Gold exploration permit located within the Birimian Volcanics of the Kenieba inlier in Senegal, in a region that has reported in excess of 40 million ounces of gold resources being mined or under development. The project targets greenfield exploration upside using termite mound sampling and conventional drilling techniques.
Quantifiable outcome
- 16.1Mlbs U3O8 maiden JORC resource at Saraya (2023)
- +3 more outcomes
Companies that use Haranga Resources
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
Haranga Resources technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Haranga Resources partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Mandinga Resources SARLcoreJoint venture partner for Saraya Uranium Project with Haranga holding 70% interest and Mandinga Resources SARL holding 30% (free carried to Pre-Feasibility Study). Mandinga is a Senegalese registered company that provides local presence and free-carried interest in the 1,650km2 uranium permit.
Scale indicators8 records
Recent moves11 records
Expansion highlights6 records
Haranga Resources competitors and assessment
Company assessmentDirect peers
- Lotus Resources: ASX-listed uranium developer with flagship Kayelekera project in Malawi. Directly comparable as a junior uranium explorer-developer transitioning resources toward production in Africa with similar market cap profile and ASX-listed equity story.
- Paladin Energy: ASX-listed uranium producer restarting the Langer Heinrich mine in Namibia. Comparable as a uranium-focused developer with African production assets targeting the same nuclear fuel cycle end-market as Saraya.
- Bannerman Energy: ASX-listed uranium developer advancing the Etango project in Namibia. Closely comparable uranium exploration-to-development stage profile with a single African uranium asset.
- Peninsula Energy: ASX-listed uranium developer with the Lance ISR project in Wyoming. Comparable uranium-focused developer of similar size, also seeking to position into the recovering nuclear fuel cycle market.
- West African Resources: ASX-listed gold producer with operations in the Birimian belt of Burkina Faso. Directly comparable as a West Africa-focused gold developer/producer in the same geological setting as Haranga's Ibel South permit.
- Robex Resources: ASX-listed gold developer with the Nampala mine and pre-production Kiniero project in West Africa. Comparable size and development stage to Haranga's gold portfolio, operating in the same Birimian geological province.
- AuMEGA Metals: ASX-listed junior gold explorer with projects in Newfoundland and West Africa. Comparable as a small-cap exploration-stage gold peer with African asset exposure, similar to Haranga's Ibel South.
- Mako Gold: ASX-listed junior gold explorer with the Napié project in Côte d'Ivoire within the Birimian belt. Directly comparable as a small-cap West African gold explorer targeting similar geological settings to Ibel South.
Broad incumbents
- Perseus Mining: Mid-tier ASX-listed gold producer operating Edikan and Sissingué in West Africa. Comparable for its operational presence in the same Birimian Kenieba Inlier where Haranga's Ibel South permit sits, providing a regional geological and operational analogue.
Emerging players
- Sabre Resources: ASX-listed junior explorer with uranium and gold projects in Africa and Australia. Comparable as a peer micro-cap explorer with multi-commodity African asset exposure and a similar capitalisation tier.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Haranga Resources social profiles
Digital presenceHaranga Resources financial estimates
Financial estimateRevenue estimate
Valuation estimate
Haranga Resources leadership team
Management profileNumber of profiles
Profiles7 records
Haranga Resources subsidiaries and ownership
Company hierarchySubsidiaries1 record
Haranga Resources funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Haranga Resources M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Haranga Resources
What does Haranga Resources do?
Haranga Resources is a multi-commodity mineral exploration and development company advancing three mining projects: the Saraya Uranium Project in Senegal (70% interest), the Ibel South Gold Project in Senegal, and the Lincoln Comet Gold Project in California, USA. The company sells no products today as a pre-production explorer; its current offering is the development and resource delineation of uranium and gold assets intended to supply future uranium concentrate to nuclear utilities and gold doré/concentrate to refiners.
Is Haranga Resources a public or private company?
Haranga Resources is a public company. It is classified as public and is currently operating.
When was Haranga Resources founded?
Haranga Resources was founded in 2010. It employs 11 to 50 people.
Where is Haranga Resources based?
Haranga Resources is headquartered in Victoria Park, Australia, in the Oceania region.
How does Haranga Resources make money?
Two revenue lines are on record. Uranium Production and Sales are the primary driver. The others are gold Production and Sales.
Who are Haranga Resources's main competitors?
Direct peers on record are Lotus Resources, Paladin Energy, Bannerman Energy, Peninsula Energy, West African Resources, Robex Resources, AuMEGA Metals and Mako Gold. Perseus Mining is listed as a broad incumbent. Sabre Resources is listed as an emerging player.
Does Haranga Resources have an API?
No public API is recorded for Haranga Resources.
What industry is Haranga Resources in?
Haranga Resources's product category is Mineral Exploration and Mining. Its primary akta.pro industry code is EUAKACAA, Uranium Exploration & Resource Development, with a secondary code of IMAKAEAI, Precious Metals Exploration & Project Development. Its NAICS code is 21222 and its SIC code is 1040.