Latest Capital Costs News

Larvotto Resources has greenlit the Hillgrove Antimony-Gold Project development, securing $175 million in funding and reporting strong high-grade drilling results that bolster its resource base.

Sunstone Metals advances corporate talks potentially leading to a formal offer while updating its Bramaderos Mineral Resource to support a scoping study. Exploration at its Ecuador projects reveals significant gold and copper potential.

Cobalt Blue Holdings advances its Kwinana Cobalt Refinery with a critical Works Approval and secures letters of intent covering 70% of initial production, while its Broken Hill Cobalt Project gains a three-year Major Project Status extension.

Andromeda Metals has made substantial strides in funding and technical development for its Great White and High Purity Alumina projects, including a $75 million debt facility nearing finalisation and a $13 million share placement.

Alliance Nickel’s September 2025 quarterly report highlights a robust Definitive Feasibility Study for its NiWest Nickel-Cobalt Project, alongside ongoing strategic partnership talks and solid financial footing.

Manuka Resources has restructured A$18.2 million of trade finance debt with Tennant Metals, converting part to equity and easing its capital costs ahead of a major silver production ramp-up in 2026.

Image Resources NL reported a strong third quarter in 2025 with significant increases in heavy mineral concentrate production and sales at its Atlas project, despite challenging weather and port delays. However, the company has trimmed its shipment guidance for the year due to weaker market conditions and logistical issues.

Tungsten Mining NL reports strong progress on its Mt Mulgine Project, leveraging soaring tungsten prices and a new gold resource estimate to drive development. The company also raises $9.5 million and initiates a US OTCQB listing process.

Ioneer Ltd has enhanced the economics of its Rhyolite Ridge Lithium-Boron Project by cutting leach retention time, boosting lithium and boron production and improving key financial metrics with minimal capital cost increase.

CuFe Ltd has announced a dramatic 400% increase in contained copper at its Gecko project, alongside an upgraded Orlando resource and a $5.4 million capital raise to advance its Tennant Creek development plans.

Star Minerals has raised $1.5 million through a share placement to fund critical drilling and mining approvals at its Tumblegum South Gold Project, aiming for production start in early 2026.

Elevra Lithium has completed a transformative merger and maintained robust production at its North American Lithium operation, while unveiling a compelling expansion plan that could boost output by 55% and slash costs.