Latest Project Development News

Australian Strategic Materials (ASM) reports significant progress in rare earth metals production and strategic growth, including a major capital raise and advances in its Dubbo and US projects.

Adavale Resources has appointed industry veteran David Ward as Managing Director to spearhead exploration and drilling at its flagship Parkes Gold-Copper Project, aiming to unlock significant value in one of Australia’s richest mineral provinces.

Perseus Mining reported steady gold production and cashflow growth in Q1 FY26, while progressing key projects including the CMA Underground and Nyanzaga development. The company also completed a CEO transition and renewed its share buyback program.

OZZ Resources advances exploration with fresh gold anomalies at Maguires Reward and pursues a joint venture to unlock project potential amid ongoing ASX suspension.

Orion Resource Partners has agreed to acquire a quarter stake in Capstone Copper’s Santo Domingo and Sierra Norte projects, injecting up to US$360 million contingent on project milestones and a positive investment decision.

Audalia Resources completed key drilling and metallurgical programs at its Medcalf vanadium-titanium-iron project, progressing towards a resource upgrade and mine design. However, cash reserves and funding runway remain limited, underscoring the need for successful financing.

Orpheus Uranium has executed a Native Title Mining Agreement with The Dieri Aboriginal Corporation, paving the way for advanced exploration activities at its Marree Uranium Project in South Australia’s Lake Eyre Basin.

Golden Horse Minerals reports robust drilling results at Southern Cross Gold Project and completes strategic Sorrel Copper Project acquisition, backed by a $15 million capital raise.

Orion Minerals reported a net cash outflow of A$3.1 million for the September 2025 quarter but has secured an $8.6 million capital raise post-quarter to support ongoing project development and operations.

Meteoric Resources has confirmed the Caldeira Rare Earth Project as a world-class, long-life asset with a maiden Ore Reserve and strong Pre-Feasibility Study results, while advancing pilot plant commissioning in Brazil.

Metallium Ltd has marked a pivotal quarter with a U.S. Department of Defense contract award, strategic partnerships, and progress on its Texas Flash Joule Heating plant, positioning itself as a key player in the U.S. critical metals recovery sector.

Black Rock Mining has successfully raised A$4 million through an oversubscribed Share Purchase Plan, doubling its initial target and fueling progress at its Tanzanian Mahenge Graphite Project.