Latest Capital Expenditure News

Many Peaks Minerals reports promising 94% average gold recovery from preliminary metallurgical tests at its Ferké Gold Project in Côte d’Ivoire, highlighting potential for low-capex cyanide processing. The results support ongoing drilling and resource expansion plans at the Ouarigue prospect.

Voltaic Strategic Resources has identified over ten promising gold targets within a newly defined Ark Corridor at its Meekatharra Project, with a 5,000m drilling campaign planned for early 2026 to test these high-impact zones.

Magnetic Resources NL has discovered a fourth high-grade core zone at its Lady Julie North 4 deposit, signaling significant underground potential and resource expansion within the Laverton Project. Ongoing drilling and a recent $35 million capital raise underpin an aggressive push to grow the gold resource beyond 1.94 million ounces.

Tempest Minerals reports encouraging early gold assay results from its inaugural drilling at the Range Gold Project, extending mineralisation from surface near a major planned mill expansion.

Elevra Lithium reports robust Q1 FY26 results with record production and a significant increase in lithium resources, advancing its brownfield expansion and multiple development projects.

Alice Queen Limited is updating its Horn Island Gold Project scoping study following a dramatic gold price increase, while engaging GBA Capital to explore financing options.

TPG Telecom has announced a substantial special dividend and capital reduction totaling approximately AUD 3 billion, pending shareholder approval at the upcoming EGM.

Kalamazoo Resources has released a compelling Scoping Study for its Mt Olympus Deposit within the Ashburton Gold Project, outlining a technically robust, high-margin gold operation with strong financial metrics and significant upside potential.

Theta Gold Mines has placed a pivotal order for two Titan GDM3065 ball mills, marking a significant step forward in the TGME gold plant construction in South Africa, with commissioning targeted by the end of 2026.

Caravel Minerals has released an updated strategic mine plan for its Western Australian copper project, confirming a robust 25+ year operation with improved ore grades and deferred capital expenditure. The plan prioritises conventional diesel mining and optimised pit sequencing to reduce risk and enhance early cash flow.

RocketDNA has raised $4 million through a well-supported placement to accelerate production and software development, following significant contract wins with mining giants BHP Mitsubishi Alliance and Gold Fields.

Challenger Gold Limited advances its Hualilan Gold Project with commissioning of the Casposo Toll Milling plant and key operational contracts, while Ecuador projects gain value following Lumina Gold’s takeover. A $30 million placement strengthens funding for upcoming milestones.