Latest Capital Costs News

AuKing Mining is set to complete its acquisition of the Cloncurry Gold Project through a full takeover of Orion Resources, backed by secured short-term funding and a planned capital raise.

Evolution Energy Minerals has fast-tracked its Chilalo Graphite Project in Tanzania, aiming to begin ore mining by late 2027 amid strong government partnership and advancing financing talks.

Australian Strategic Materials secures A$50.8 million via share placement to fund Korean plant expansion and advance US metals project, while navigating complex supply chain and funding risks.

Wildcat Resources has completed a key tenement swap with Northern Star Pilbara, acquiring a crucial licence adjacent to its Tabba Tabba lithium project. This move is set to enhance the project's development and cost structure ahead of the 2026 feasibility study.

QPM Energy has secured a $113.7 million lease agreement with Macquarie Bank to fund key gas turbines for its Isaac Power Station, reinforcing its mid-2027 commissioning goal. This milestone advances the project closer to final investment decision amid ongoing engineering and approvals.

ABx Group’s subsidiary ABx3 has received a $2.7 million investment from Good Importing International, granting GII 70% ownership to develop the Sunrise Bauxite Project in Queensland. This funding kickstarts a 12–24 month program targeting regulatory approvals and mine planning, with further investment options on the horizon.

Volt Resources is advancing its Alabama Graphite Refinery project to produce high purity graphite in the US, leveraging proven Ukrainian technology and targeting near-term commercial production with low capital costs and strong environmental credentials.

Bathurst Resources’ subsidiary Telkwa Mining has released an updated feasibility study for its Tenas Steelmaking Coal Project, confirming reserve validity and boosting project valuation despite significant cost inflation.

Capricorn Metals maintains a robust 4.0 million ounce gold reserve as of June 2025, with significant drilling success at Mt Gibson and ongoing updates planned for both Mt Gibson and Karlawinda projects in FY26.

NexGen Energy has expanded its Australian equity offering to AUD 600 million alongside a concurrent C$400 million North American deal, aiming to accelerate development of its flagship Rook I uranium project.

Brazilian Critical Minerals Ltd has raised A$6 million through a well-supported placement to fast-track its flagship Ema Rare Earths Project in Brazil, aiming to move closer to commercial production.

Panther Metals Limited has released a maiden scoping study for its Burtville East Gold Project, revealing strong economics and high-grade open pit potential. The study highlights an NPV8 of A$26.6 million and an IRR of 44%, underpinning the project's promising outlook.