Latest Project Development News

Viridis Mining and Minerals has locked in a strategic US$30 million equity funding partnership with leading Brazilian asset managers to accelerate its Colossus Rare Earth Project towards production.

Strickland Metals has reported outstanding metallurgical testwork results from its Gradina Deposit in Serbia, achieving gold recoveries up to 97.9% and averaging nearly 90%. This milestone supports the upcoming maiden Mineral Resource Estimate and ongoing project development.

Stanmore Resources has reported a robust recovery in its June quarter operations with increased coal production, zero serious safety incidents, and positive cash flow, despite challenging weather conditions. The company maintains its full-year production guidance, signaling resilience amid market uncertainties.

Develop Global Limited reported a $11.4 million operating cash outflow for the June quarter but maintains a strong funding position with $115 million available, supporting an estimated nine quarters of operations.

Carnegie Clean Energy has signed a pivotal Memorandum of Understanding with BiMEP to develop a 6MW wave energy array in Spain’s Basque Country, marking a significant step in commercialising its CETO technology.

Peak Rare Earths advances its Ngualla project with a proposed A$158 million acquisition by Shenghe Resources, alongside a successful A$7.5 million capital raise and rising rare earth prices.

WA1 Resources has reported a 10% increase in the Luni niobium deposit resource, with improved grades and confidence in key zones, alongside strategic board appointments and a solid cash position.

Oceana Lithium Limited advanced its lithium, uranium, and base metals exploration across Australia and Brazil in the June 2025 quarter, supported by a $667,000 capital raise and key board appointments.

Tennant Minerals announces CEO Vincent Algar's resignation effective July 31, with Algar transitioning to a consulting role as the company advances key copper-gold projects.

Sky Metals Limited reported a net cash outflow in operating and investing activities for Q2 2025 but ended the quarter with A$3.43 million in cash, signaling plans for a capital raise to sustain exploration efforts.

New World Resources Limited has formally recommended shareholders accept Kinterra Capital's unconditional $0.067 per share takeover offer, following the withdrawal of a competing bid. The offer represents a substantial premium over recent trading prices and includes provisions for option cancellations and accelerated vesting of performance rights.

Metals X delivered its third highest quarterly tin production at Renison, improved cash flow, and expanded its strategic footprint with a $5 million investment in Elementos and a partial offer for Greentech shares.