Latest Bankable Feasibility Studies News

Castile Resources has added critical mineral bismuth as a by-product to its Rover 1 Bankable Feasibility Study, leveraging a dramatic price surge driven by Chinese export restrictions.

Cyclone Metals has inked a binding agreement with Vale S.A. for up to USD 138 million to develop its Iron Bear Project in Canada, marking a significant step forward with successful pilot production runs of high-grade iron concentrates and pellets.

Dateline Resources progresses its Colosseum Gold-REE Project with a Bankable Feasibility Study underway, US government mining rights confirmed, and fresh capital raised to fuel development.

PhosCo Ltd has solidified its position as a global fertiliser contender by securing full ownership of the Gasaat Phosphate Project in Tunisia and initiating a $5 million entitlement offer, while also engaging the EBRD for a potential strategic investment.

VRX Limited advances its Arrowsmith and North silica sand projects with a positive EPA assessment and non-binding offtake agreements totaling 440,000 tonnes annually across Asia. Despite an ongoing appeal, the company is progressing toward final approvals and project financing.

Cyclone Metals has secured a pivotal development agreement with Vale, unlocking up to USD 138 million in funding for the Iron Bear iron ore project in Canada and setting a clear path to production.

Canyon Resources announces Peter Secker as new CEO, signaling a strategic shift as the company advances its Minim Martap bauxite project toward production.

Medallion Metals Limited has secured $6.5 million through a placement to support its strategic acquisition of Forrestania Nickel Operation assets and advance the Ravensthorpe Gold Project, positioning the company for a final investment decision by late 2025.

Dateline Resources has released a promising scoping study for its Colosseum Gold Project in California, projecting robust gold production and revenue. The company is now progressing to a bankable feasibility study while exploring innovative uses for mining waste in the concrete industry.

Xanadu Mines has delivered a landmark Pre-Feasibility Study and Maiden Ore Reserve for its Kharmagtai Copper-Gold Project, confirming its status as a world-class asset. The company also secured $7.5 million in funding and transitioned project operatorship to Zijin Mining, setting the stage for a Bankable Feasibility Study.

Arcadia Minerals reports ongoing joint venture discussions across its Namibian projects and initiates a competitive bidding process for Swanson Tantalum Mine construction financing following a funding agreement termination.

Jervois Global Limited has entered a pivotal recapitalization agreement with Millstreet Capital Management, involving a US$145 million equity injection and a pre-packaged Chapter 11 bankruptcy process. The company aims to strengthen its balance sheet and continue operations uninterrupted while preparing for a strategic restart of its nickel-cobalt refinery in Brazil.