Latest Capital Expenditure News

The Mongolian government has officially endorsed a key highway project under a public-private partnership, aligning with Aspire Mining’s infrastructure plans and significantly de-risking its Ovoot Coking Coal development.

Hillgrove Resources has completed its Nugent Acceleration Project ahead of schedule, boosting underground development and early ore processing. However, the company has lowered its 2025 copper production guidance and raised cost estimates due to geological challenges.

Tesoro Gold’s updated Scoping Study for the El Zorro Gold Project in Chile highlights a technically straightforward open pit operation with strong economics, projecting 1.26 million ounces of gold production over 13.5 years.

Antilles Gold has signed a binding agreement with Chinese firm Xinhai to advance the Nueva Sabana copper-gold mine in Cuba, including a major EPC contract and a substantial credit facility that reduces project risk.

Highfield Resources has negotiated a standstill agreement with key noteholders, delaying enforcement actions on matured convertible notes and buying vital time to secure funding for its flagship Muga Potash Project in Spain.

Highfield Resources has fully terminated its senior secured project finance facility, exiting its last lenders to focus on cash preservation and alternative funding for its Muga Potash Project in Spain.

Metals Australia Ltd reports key milestones in its Lac Carheil Graphite Project, achieving battery-grade spherical graphite purity and selecting Sept-Îles as the preferred site for its Battery Anode Material plant.

Finder Energy has accelerated development of its Kuda Tasi and Jahal oil project in Timor-Leste through a strategic alliance with SLB, targeting a Final Investment Decision in 2026. The company highlights robust resource estimates and a streamlined path to first oil production.

Core Lithium has significantly increased its Ore Reserve Estimate at the Finniss Lithium Project, with the Carlton deposit upgrade driving a 42% rise in total reserves. This milestone strengthens the project's restart schedule and expansion potential.

Barton Gold Holdings reveals promising metallurgical test results from its Wudinna Gold Project, showing gold recoveries up to 99.3% and potential cost savings through concentrate trucking to existing mills.

Briscoe Group Limited reported a near-flat half-year sales performance with a modest decline in net profit, while advancing key strategic investments including a new distribution centre. The company declared a 10-cent interim dividend amid cautious economic outlook.

Alkane Resources has unveiled its FY2026 production and cost guidance following its merger with Mandalay Resources, projecting significant growth across its Australian and Swedish operations.