Latest Capital Expenditure News

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.

Tuas Limited has reported a robust first half for FY26, with significant revenue and profit growth driven by expanding mobile and broadband subscribers, alongside progress on its strategic M1 acquisition.

Magnetic Resource NL has updated its scoping study for the Lady Julie Gold Project, significantly increasing the underground production target and extending the mine life. The revised plan also lowers underground mining costs and defers some capital expenditure by prioritising open pit operations.

Manuka Resources has released an amended Pre-Feasibility Study for its Cobar Basin assets, revealing a significant uplift in project profitability and a detailed 10-year mine plan targeting production in Q2 2026.

Green360 Technologies has inked a binding toll treatment agreement with Calix Limited to commercially produce Eco-Clay, a low-carbon cement replacement, marking a key step toward scaling sustainable concrete solutions in Australia.

Calix Limited has secured a two-year toll processing agreement with Green360 Technologies to produce calcined clay for low-carbon cement, leveraging existing capacity without capital outlay. This partnership aims to advance sustainable cement production while potentially generating several million dollars in annual revenue for Calix.

The Australian Government has increased financial support thresholds for Viva Energy’s Geelong Refinery, reflecting rising operating costs and reinforcing domestic fuel security through the decade.

Diatreme Resources has reported a significant boost in mineral recoveries and production forecasts for its Cyclone Project in Western Australia, driven by advanced metallurgical testwork and flowsheet optimisation.

PC Gold has reported multiple thick, high-grade gold intercepts from drill hole MS-011, extending the Main Zone strike at its Spring Hill Gold Project by 120 metres to the south. This discovery opens up significant potential to increase resource size and improve project economics within the existing pit shell.

Savana Asset Management’s February letter reveals a challenging month marked by a tech sector sell-off amid AI disruption fears, a surge in AI capital expenditure, and a continuing rotation towards value-driven small caps.

Contact Energy's February 2026 report reveals rising electricity and gas sales, improved generation efficiency, and robust hydro storage, underpinning a stable financial outlook for FY26.