Latest Project Development News

Theta Gold Mines has commenced bulk earthworks at its flagship TGME gold project in South Africa and secured nearly US$40 million in combined equity and debt funding, marking a pivotal step toward production.

EcoGraf Limited advances key milestones in its vertically integrated battery anode materials business, including nearing completion of debt financing for the Epanko Graphite Project and securing a pivotal HFfree purification patent.

Aurumin Limited has entered a scheme implementation deed with Brightstar Resources for a full acquisition, while raising $6 million from non-core asset sales to fund exploration at its Sandstone Gold Project.

KGL Resources is making significant strides in preparing the Jervois Project for construction, leveraging higher copper, silver, and gold prices to optimise the project and secure funding. Exploration efforts and strategic partnerships are positioning the company for a 2026 construction start and 2027 production.

Caravel Minerals has made significant strides in advancing its Caravel Copper Project, initiating its Definitive Feasibility Study and securing critical funding amid a tightening copper market.

Evion Group advances its Maniry Graphite Project in Madagascar and expandable graphite JV in India, backed by a strategic US investor and EU recognition. The company is poised to expand production and supply critical minerals to key global markets amid rising demand.

Northern Minerals Limited reported a net operating cash outflow of AUD 6.61 million for Q3 2025, ending the quarter with AUD 17.48 million in cash and equivalents and a solid financing facility.

Galilee Energy reported steady cash reserves and ongoing reservoir pressure monitoring at its Glenaras Gas Project, while exploring new funding and growth opportunities.

Hastings Technology Metals and Wyloo have signed a non-binding agreement with Ucore Rare Metals to negotiate a long-term offtake for rare earth concentrate and explore US-based downstream processing.

True North Copper reported significant copper-gold and copper-cobalt-silver discoveries in its September 2025 quarter, reinforcing its growth strategy and financial strength heading into 2026.

American West Metals reports robust drilling results at its Storm Copper Project in Canada and renews momentum at its West Desert Project in Utah, supported by a $7 million capital raise to advance critical metals development.

KGL Resources has raised A$11 million through a placement led by institutional investors, including Resource Capital Fund, to advance enabling works at its Jervois Copper Project ahead of a Final Investment Decision.