Latest Capital Costs News

Tivan Limited has locked in a $5 million share placement and signed a non-binding term sheet for a $51.3 million equity investment to fund the Speewah Fluorite Project, marking a significant step in its development plans.

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.

Anax Metals has locked in a $3.3 million convertible note investment from Mineral Development Partners, with conditional commitments for up to $100 million to advance the Whim Creek Project and establish a Pilbara base metals hub.

Medallion Metals and IGO have revised terms for Medallion’s acquisition of the Forrestania Nickel Operation, securing full asset ownership with a royalty on future gold production. The transaction targets completion by late 2025, underpinning a new gold-copper producer in Western Australia.

Barton Gold Holdings has released an Optimised Scoping Study for its Tunkillia Gold Project, revealing significant improvements in project economics, including a sub-one-year payback and reduced capital expenditure. The study paves the way for accelerated feasibility work and funding efforts.

Lithium Plus Minerals Limited (ASX: LPM) reported significant progress on its Lei Lithium Development with advancing environmental approvals and infrastructure design, while its Wingate Project reveals promising large-scale gold potential. The company maintains a solid cash position of AUD 3.6 million as it prepares for upcoming exploration campaigns.

Kore Potash has completed an Optimised Definitive Feasibility Study for its Kola Potash Project, outlining a $2.07 billion capital cost and a 23-year mine life. The company also secured $10.1 million in funding and holds $10.2 million in cash as it prepares for construction.

Renascor Resources reports significant engineering advances that increase high-value graphite production by 60%, reduce operating costs, and confirm a safer, eco-friendly purification process.

Evion Group has marked a key milestone with its first expandable graphite shipment from its India joint venture, while progressing critical permitting for its flagship Maniry Graphite Project in Madagascar. The company also secured $2 million in funding to support expansion and development.

Boab Metals has executed a binding agreement to acquire the DeGrussa Processing Plant, significantly derisking its Sorby Hills Lead-Silver-Zinc Project and setting the stage for a Final Investment Decision in the second half of 2025.

Boab Metals has inked a A$10 million deal to acquire the DeGrussa Processing Plant from Sandfire Resources, significantly derisking and reducing upfront capital costs for its Sorby Hills Project. Completion hinges on a final investment decision expected in the second half of 2025.

TG Metals Limited has secured an 80% stake in the Van Uden Gold Project in Western Australia, setting the stage for renewed exploration and resource evaluation. The company is poised to unlock near-term production potential through drilling and stockpile assessments.