Latest Approvals News

Santana Minerals has moved Bendigo-Ophir from study toward construction, securing a 30-year mining permit, strategic land control and A$188.3 million in cash. The decisive hurdle remains the Fast-track consent due on 20 January 2027, followed by financing and a final investment decision.

Falcon Metals has extended mineralised strike at its Blue Moon project beyond 850 metres while increasing exploration spending sharply and raising $30 million after year-end. The results remain exploration-stage, but the company now has substantially more drilling capacity and a second maiden campaign underway in Western Australia.

Melbana Energy’s Block 9 project remains on care and maintenance after a partner default and US sanctions on CUPET, despite improved geological understanding from Amistad-2. The company ended FY2026 with $472,504 in cash and warned that additional funding is required to continue.

Silver Mines has completed the $26 million buyback and extinguishment of two private royalties over its Bowdens Silver Project, paying $18 million in cash and issuing $8 million in shares. The move removes the royalty interests over EL5920 as the project enters its next approvals phase.

TradeWindow is targeting 13% to 18% revenue growth in FY27 and expects to approach EBITDA breakeven, while preparing to shift its primary listing from the NZX to the ASX. The freight software company also reported rising recurring revenue, stronger customer economics and NZ$4.0 million in cash at 30 June 2026.

Temas Resources and SAGA Metals have begun an eight-week optimisation program aimed at turning strong laboratory recoveries into a defined processing flowsheet and first high-purity titanium, vanadium and iron products. A successful stage could lead to a C$650,000-C$750,000 mini-pilot, although that funding remains subject to technical results and SAGA approval.

Pantera Minerals is seeking a low-cost foothold in Western Australia’s Albany Fraser Orogen through the proposed acquisition of the 470km² Corona Gold Project. The tenure carries an 8km historical gold anomaly and untested auger targets, but the evidence remains reconnaissance-stage and the transaction terms contain a share-count discrepancy that investors will want clarified.

Li-S Energy has narrowed its FY26 loss and reached several commercialisation milestones, including a 2C Power Cell, international shipping approvals and its first lithium foil sale. But the ASX battery developer still needs customer offtake and fresh funding before its proposed 1 GWh manufacturing expansion can become reality.

Memphasys will receive an A$3.5 million advance from major shareholder Peters Investments to expand Felix production, inventory and sales capacity as repeat orders emerge across international markets. The funding carries a 12.5% interest rate, potential equity dilution and requires shareholder and ASX approvals before the convertible notes can be issued.

Estrella Resources has identified copper-bearing porphyritic diorite and gold at nine locations around Timor-Leste’s Laleno Dome, strengthening the case for a broader intrusion-related system. The geological signal is encouraging, but drilling approval and representative follow-up work remain outstanding.

Lycopodium has won an approximately A$42.9 million engineering and procurement contract for Endeavour Mining’s Assafo-Dibibango gold project in Côte d’Ivoire. Work has begun, but continued execution and full implementation remain conditional on Endeavour approving its final investment decision, expected before the end of 2026.

Prairie Limited has secured C$6.3 million in interest-free Canadian government financing to fund the next construction phase of its Saskatchewan lithium project. The company is targeting commissioning and first lithium brine production from its initial commercial well in Q4 2026.