Latest Project Development News

Tungsten Mining NL is pivoting its Mt Mulgine Project development by targeting near-surface oxide gold to generate early cash flow and support its long-term tungsten ambitions. A 10-week integrated scoping study will soon assess this dual-resource approach.

Athena Resources has partnered with Warradarge Energy and Fenix Resources to launch the Mid West Green Iron Project, aiming to produce sustainable green iron using ultra-high-grade magnetite and renewable hydrogen in Western Australia.

Nordic Resources has expanded its gold inventory by 34%, adding 264,000 ounces from its newly updated Hirsikangas project in Finland, lifting total resources to 1.23 million ounces gold equivalent.

Almonty Industries has had its trading suspension lifted following the release of an updated technical report on its Sangdong Project in South Korea, signaling renewed investor access and potential project reassessment.

Coda Minerals has submitted the Draft Scoping Report for its Elizabeth Creek Copper-Cobalt Project, marking a pivotal step in securing mining lease approvals in South Australia. This milestone reduces regulatory uncertainty and sets a clear path toward project development.

Buru Energy has agreed to sell its hydrogen-focused subsidiary 2H Resources and non-core Canning Basin assets to Koloma Australia for up to AUD 2 million, marking a strategic pivot towards its Rafael Gas Project.

Renascor Resources has secured an option agreement for land near its Siviour graphite deposit, finalising a critical step in supporting its upstream mining and processing operations. This move advances the company’s Battery Anode Material project readiness with accommodation planned for construction and operational staff.

Ausgold Limited has raised A$35 million through a well-supported placement to accelerate its Katanning Gold Project in Western Australia towards a final investment decision.

Mindax Limited has raised $1.6 million through a discounted share placement to fund development and exploration activities at its Mt Forrest Iron Project and gold assets.

White Cliff Minerals has initiated diamond drilling at its Rae Copper Project in Nunavut, Canada, targeting a large unexplored sedimentary basin. Supported by a recent A$14.4 million capital raise and Canadian government backing, the company aims to advance its promising copper exploration.

Aurelia Metals has successfully met its FY25 production guidance across all key metals while strengthening its cash position to A$110 million, setting the stage for upcoming growth projects including the Great Cobar development.

Viridis Mining and Minerals has released a comprehensive Pre-Feasibility Study for its Colossus Rare Earth Project in Brazil, showcasing robust economics, low-cost production, and a clear path to production by 2028. The study highlights the project's resilience across price cycles and its strategic positioning in the global rare earth supply chain.