Latest Project Execution News

Nanollose Limited has appointed Andrew Moullin as its new CEO and Managing Director, aiming to leverage his extensive commercial expertise to fast-track the company’s microbial cellulose technology towards market readiness.

M3 Mining Limited has abandoned its energy sector acquisition plans, selling its M3 Energy subsidiary to Jerboa Energy Ltd and recommitting to its core mineral exploration projects.

Vulcan Energy has begun drilling the first new well for its Phase One Lionheart Project in Germany, marking a critical step toward expanding its renewable geothermal energy and lithium production capacity.

Brookside Energy has completed the stimulation phase of its Bruins Well in the Anadarko Basin, staying on schedule and budget, with flow-back and first sales planned for the second quarter of 2025.

Rio Tinto has announced that CEO Jakob Stausholm will step down later this year, with a rigorous succession process now underway. Stausholm’s tenure saw a strategic pivot towards energy transition and profitable growth.

Lycopodium Limited has secured a significant A$40 million contract to deliver engineering and construction management services for Osino’s Twin Hills Gold Project in Namibia, aiming for first gold production in early 2027.

Celsius Resources' Philippine affiliate has engaged Ausenco for a critical engineering design update, backed by a $10 million loan to push the Maalinao-Caigutan-Biyog Copper-Gold Project closer to construction.

Lendlease is in advanced talks to form a 50/50 joint venture with Crown Estate, aiming to accelerate capital release and enhance development delivery across its UK portfolio.

Lindian Resources reports strong progress on its Kangankunde Rare Earths Project in Malawi, securing multiple financing proposals and advancing construction ahead of schedule. The company targets production in 2026 amid growing global demand for critical minerals.

Aeris Resources has refinanced its environmental bonding and term debt facilities with Washington H. Soul Pattinson, boosting liquidity and extending debt maturity to support growth projects.

Great Boulder Resources reports outstanding gold recoveries of up to 96% at Mulga Bill with significantly reduced cyanide levels, promising lower processing costs and capital expenditure. The Ironbark scoping study is progressing well, with further drilling underway to expand resources.

Lake Resources has initiated a Special Committee to explore strategic options for its flagship Kachi Lithium Brine Project, aiming to bridge the gap between market valuation and intrinsic asset value.