Latest Engineering News

Rox Resources is poised to commence underground development at its Youanmi Gold Project with the first decline cut scheduled this week, while a Definitive Feasibility Study is due shortly, marking a critical phase in its path to production.

DroneShield has triggered the vesting of 44.5 million performance options after surpassing $200 million in cash receipts, setting ambitious new revenue hurdles up to $500 million to drive future growth and shareholder alignment.

Finder Energy has signed a farmout agreement assigning 40% of its North Sea P2530 licence to Serica Energy, retaining operatorship and a 20% stake. This move aims to accelerate appraisal and development of the Wagtail oil discovery through strategic partnership and regulatory approvals.

McLaren Minerals Limited has announced a fully underwritten non-renounceable pro-rata entitlement offer to raise approximately $3.6 million, issuing new shares at 1.8 cents each with free-attaching options. The capital raise aims to fund exploration and development activities as the company advances its mining projects.

Brightstar Resources has enhanced its leadership team with seasoned mining executives and is advancing its Sandstone project, targeting a resource upgrade in early 2026 as it pursues a +200,000-ounce annual gold production goal.

McLaren Minerals has launched a fully underwritten A$3.6 million entitlement offer to accelerate development of its McLaren titanium project, offering shareholders discounted shares and options.

EQ Resources has set a new monthly tungsten production record at its Barruecopardo Mine in Spain, driven by operational upgrades and new equipment commissioning.

Antilles Gold Limited has released an updated financial analysis for its Nueva Sabana copper-gold mine in Cuba, highlighting improved project economics and a construction start slated for late 2025. The study reflects higher metal prices and revised costs, underpinning a strong net profit and positive cash flow outlook.

Theta Gold Mines has placed a pivotal order for two Titan GDM3065 ball mills, marking a significant step forward in the TGME gold plant construction in South Africa, with commissioning targeted by the end of 2026.

RocketDNA has raised $4 million through a well-supported placement to accelerate production and software development, following significant contract wins with mining giants BHP Mitsubishi Alliance and Gold Fields.

Anteris Technologies has secured FDA approval to commence its pivotal PARADIGM clinical trial, testing its innovative DurAVR Transcatheter Heart Valve against established devices in patients with severe aortic stenosis.

Santana Minerals has lodged a comprehensive Fast-track Approvals application for its Bendigo-Ophir Gold Project in New Zealand, aiming for development consents by the end of the 2026 financial year. The project promises significant economic and employment benefits for the Central Otago region.