Latest Capital Costs News

Fortescue Ltd (ASX: FMG) is fast-tracking the deployment of the world’s first large-scale, fully integrated green energy grid dedicated to heavy industry, aiming to eliminate diesel use across its Pilbara operations by early 2027 and full completion by 2028.

Metal Bank Limited has applied for a mining lease over the Seven Leaders deposit at its Whiteheads Gold Project near Kalgoorlie, aiming for mining commencement in the fourth quarter of 2026 following optimisation studies and approvals.

KGL Resources has locked in a US$300 million streaming agreement with Wheaton Precious Metals, marking a pivotal step in funding the Jervois Copper Project in Australia's Northern Territory. This deal provides significant upfront capital without traditional debt constraints, positioning KGL for copper production growth.

Alliance Nickel Limited (ASX:AXN) has launched a non-renounceable entitlement offer to raise approximately A$4.15 million, aiming to fund capital cost optimisation for its NiWest Nickel-Cobalt Project and support general working capital.

Ardea Resources reports steady progress on the Kalgoorlie Nickel Project’s Definitive Feasibility Study, with the Japanese-Australian Consortium increasing its stake to 35%. The project moves closer to a potential 50% joint venture ownership upon a positive investment decision.

Terramin Australia has released an updated 2025 Mining Study for its Tala Hamza Zinc Project in Algeria, increasing throughput to 2.0 million tonnes per annum and confirming strong financial returns with advanced funding negotiations underway.

EV Resources has begun refurbishing its Tecomatlán Processing Plant in Mexico, marking a pivotal shift from exploration to near-term antimony production amid tightening global supply. The company aims to leverage this low-cost, staged approach to secure a first mover advantage in the critical minerals market.

Variscan Mines’ Scoping Study for the San José Mine restart in Spain reveals strong economics, low upfront capital, and an 11-year mine life, setting the stage for zinc and lead production from 2028.

Rumble Resources has reported promising metallurgical testwork from its Western Queen Gold and Tungsten Project, confirming the potential for high-grade tungsten concentrate production alongside gold. The company is advancing a scoping study to fast-track tungsten mining and processing amid soaring global prices.

Terramin Australia has locked in significant government incentives and infrastructure support for its Tala Hamza Zinc Project in Algeria, setting the stage for accelerated development and improved project economics.

VHM Ltd has secured board approval to develop its Goschen Rare Earths and Mineral Sands Project at full capacity, signalling a strategic pivot to meet surging global demand for critical minerals.

BlinkLab’s smartphone-based Dx1 autism screening technology has been selected for Morocco’s government-funded national early screening program, marking a major milestone in digital health adoption and autism care.