Latest Construction News

Key Petroleum has submitted eight PCA applications in Queensland and launched a rights issue to raise A$312,225, aiming to fund both domestic development and international expansion despite a cash balance of just A$20,000 at quarter-end.

EcoGraf Limited has advanced its vertically integrated battery anode materials business with a US$105 million loan mandate for the Epanko Graphite Mine, expanded mining licences, and progress in purification technology and community initiatives.

Moab Minerals reports robust uranium mineralisation from its Manyoni Project in Tanzania and progresses exploration in Colorado’s Uravan Belt, supported by a recent $500k capital raise.

Andromeda Metals has entered exclusive negotiations for a $75 million debt facility to fund the Stage 1A+ development of its Great White Project, alongside operational progress and exploration drilling.

Southern Cross Gold Consolidated has announced a substantial C$120 million private placement to fund key development phases at its Sunday Creek Gold-Antimony Project, aiming to fast-track drilling, decline construction, and resource expansion.

Aurum Resources reports exceptional high-grade gold intercepts from its Boundiali and BM tenements, advances a 100,000m drilling campaign, and completes key tenement acquisitions to underpin a Pre-Feasibility Study in Côte d'Ivoire.

Foresta Group Holdings advances its flagship Kawerau renewable energy project with inclusion in New Zealand’s Fast-Track Approvals Act, a key term sheet with Genesis Energy, and $2 million raised via convertible notes.

Flagship Minerals’ metallurgical review of the Pantanillo Gold Project highlights strong gold recoveries from oxide mineralisation and suggests a pathway to low capital and operating costs through heap and dump leach processing.

Nickel Industries delivered a robust US$97.3 million Adjusted EBITDA in Q1 2025 despite production challenges and a declining nickel price. Key milestones include approval to nearly double Hengjaya Mine’s ore sales quota and a strategic deferral of substantial ENC acquisition payments.

Boss Energy reports a successful ramp-up at its Honeymoon and Alta Mesa uranium projects, achieving first free cash flow and maintaining production and cost guidance for FY2025 amid a complex market backdrop.

AKORA Resources has confirmed a robust Pre-Feasibility Study for its Bekisopa iron ore project in Madagascar, highlighting strong financial metrics and government support that pave the way for a 2Mtpa direct shipping ore operation.

AIC Mines reported solid copper production at Eloise with significant resource upgrades at both Eloise and Jericho, despite weather-related shipment delays. The company is progressing its processing plant expansion with a contract award expected soon.