Latest Capital Costs News

The Tennant Creek Copper Alliance has won $600,000 in government grants, matched by the partners, to fund a feasibility study for a shared critical minerals processing facility. This initiative aims to unlock the economic potential of copper, gold, silver, and bismuth resources in the Northern Territory.

Nagambie Resources has entered a binding joint venture with Alkane Resources to develop its significant antimony-gold discovery, backed by a $4 million capital injection and a clear path to production.

Tennant Minerals has announced its first high-grade copper-gold Mineral Resource Estimate for the Bluebird discovery, alongside a new drilling program targeting gold extensions. The company also advances a regional processing alliance, setting the stage for further development.

Aspire Mining has taken a major step forward in developing its Ovoot Coking Coal Project by signing a $69.9 million EPC contract and gaining government backing for a key highway project, positioning the company for first coal exports by late 2027.

Cobalt Blue Holdings has enhanced the financial outlook for its Kwinana Cobalt Refinery project, secured a $5.3 million capital raise, and advanced key environmental and feedstock initiatives amid a tightening cobalt market.

Cavalier Resources has reported significant gold assay results from its Miranda Target drilling near the Crawford Gold Project, underpinning strong project economics in a revised Pre-Feasibility Study.

West Cobar Metals has kicked off metallurgical testing at its Salazar project targeting rare earth carbonate production and announced a new gallium resource, while gold exploration at Mystique confirms widespread mineralisation.

VBX Limited has announced significant enhancements to its Wuudagu Bauxite Project, increasing mining rates and securing $2 million in funding to support an expanded feasibility study.

Sunrise Energy Metals advances its Syerston Scandium Project with a robust updated Ore Reserve supporting a 32-year mine life, alongside significant financing commitments and a strategic offtake option with Lockheed Martin.

GoldArc Resources has identified multiple high-priority gold targets at its Leonora projects and secured strategic partnerships to accelerate mining development, backed by a $2.5 million cash advance facility.

Audalia Resources is progressing its Medcalf vanadium-titanium-iron project with an updated Pre-feasibility Study and fresh capital injection, positioning the company for its maiden ore reserve announcement.

Boab Metals has locked in over A$350 million in funding and made a Final Investment Decision to develop its Sorby Hills Silver-Lead-Zinc Project, moving swiftly towards first production in the second half of 2027.