Latest Capital Expenditure News

Brazilian Critical Minerals Limited reports strong assay results from its 2024 drilling program at the Ema project, confirming widespread high-grade rare earth mineralisation ideal for in-situ recovery mining.

Catalyst Metals is on track to nearly double its annual gold production to 200koz by revitalising the Plutonic East mine, backed by strong grade control drilling results and a modest A$31 million capital plan.

Hillgrove Resources delivered a robust December quarter with record development and copper production, underpinned by exceptional drilling results at Nugent. The company projects increased output and improved cost efficiency for 2025.

Korvest Ltd reported a 1.1% decline in revenue and a sharp 28.5% drop in net profit for the half-year ending December 2024, impacted by operational disruptions and competitive pressures. Despite these challenges, the company anticipates a robust rebound in project activity in the second half of FY25.

VIP Gloves Limited reports a sharp decline in quarterly sales receipts as it invests heavily in restarting manufacturing operations, while legal proceedings continue to loom.

Stellar Resources reports significant progress at its Heemskirk Tin Project, including record high-grade tin intersections and the launch of a Prefeasibility Study, supported by a strong cash position and strategic infrastructure agreements.

Spacetalk Limited reports a robust 12% increase in Annual Recurring Revenue to $11 million, driven by a 21% jump in paid mobile subscribers, signaling strong momentum and international ambitions.

Medallion Metals Limited has intersected substantial semi-massive to massive sulphides in its latest diamond drilling at the Trilogy Deposit, setting the stage for potential commercialisation via existing Forrestania infrastructure.

Warriedar Resources has reported a significant leap in antimony concentrate grade from its Ricciardo deposit, achieving 49% Sb with over 80% recovery. The company is progressing towards a maiden antimony Mineral Resource Estimate expected by late Q1 2025.

Carnaby Resources is set to commence a 3,400m maiden drilling program at its Trekelano deposit in February 2025, aiming to accelerate the Greater Duchess Project's development and enhance its copper-gold resource base.

MRG Metals has achieved a major milestone with the official approval and signing of the Corridor Central Heavy Mineral Sands mining licence in Mozambique, unlocking development potential for its world-class Koko Massava deposit.

Macmahon Holdings has landed a $463 million mining services contract for the Awak Mas gold project in Indonesia, reinforcing its order book and maintaining its FY25 earnings guidance.