Latest Construction Progress News

Nova Minerals has received approximately 500 tons of processing and refining equipment at Port MacKenzie, bringing its planned Alaska antimony facility closer to construction. The company says the delivery arrived ahead of schedule and remains targeting production in 2027.

Brightstar Resources says construction of its 1.5Mtpa Laverton processing plant remains on schedule and within budget, with first gold still targeted for June 2027. The update also marks the end of underground mining at Second Fortune as the company shifts towards commissioning and new mine development.

St George Mining has launched a pilot plant beneficiation study at its Araxá Project in Brazil, aiming to refine niobium and rare earth recovery ahead of commissioning its own processing facility in early 2027.

Medallion Metals has awarded a $50 million EPC contract to GR Engineering to convert its Cosmic Boy Concentrator into a standalone facility producing copper concentrate and gold doré, aligning with feasibility estimates and advancing production timelines.

United Overseas Australia Ltd (ASX:UOS) reported a 10.3% rise in half-year revenue to $124.65 million for the period ended 30 June 2026, while net profit after tax fell 7.7% to $41.17 million. The company announced a combined interim and special dividend totaling 2.0 cents per share.

Deep Yellow Limited has locked in two pivotal agreements for its Tumas uranium project in Namibia, securing long-term water supply and formalising local ownership with Oponona Investments. These milestones pave the way for construction progress and a Final Investment Decision expected later this year.

Coles Group reported a 2.8% rise in FY26 sales revenue to $45.58 billion, driven by supermarket growth and digital gains, while navigating $235 million in regulatory provisions.

Lindian Resources confirms Kangankunde Rare Earths Project remains on track for first production in late 2026, with concurrent progress across construction, mining, and operational readiness. The company is expanding its operational footprint internationally and strengthening its team to support the transition from construction to production.

BCI Minerals edges closer to first salt shipment at its Mardie Project, with crystallisation underway and 85% construction complete. The company maintains full funding and advances its sulphate of potash opportunity alongside robust sustainability initiatives.

Develop Global has locked in GR Engineering to build its Yitirrti processing plant in the Pilbara, advancing a project on track for mid-2028 production and backed by a US$400 million Trafigura financing deal.

Brightstar Resources is on track to deliver 75,000 ounces per annum from its Goldfields hub by mid-2027, backed by a new processing plant and strong project economics, while progressing its Sandstone project toward a Tier-1 development with a 2.9 million ounce resource.

Toubani Resources has moved the Kobada Gold Project firmly into its construction phase, with key infrastructure nearing completion and financing arrangements ready for drawdown.