Latest Construction News

West African Resources aligns with Burkina Faso's 2024 Mining Code, increasing the government's equity stake in its projects while maintaining its 2025 gold production targets.

Robex Resources Inc., a Canadian gold explorer and producer with key assets in West Africa, has launched a fully underwritten initial public offering (IPO) on the ASX to raise A$120 million. The capital will primarily support the development of its advanced Kiniero Gold Project in Guinea, alongside ongoing operations at the Nampala Mine in Mali.

Kore Potash is advancing negotiations on a critical financing term sheet with the Summit Consortium for its Congo potash projects, signaling a pivotal step toward project development.

True North Copper's recent Fixed Loop Electromagnetic survey at Wallace North has identified multiple promising copper-gold drill targets, signaling potential resource expansion and extended mine life within its Cloncurry Copper Project.

Maronan Metals has significantly expanded its resource confidence at the Maronan Project, reporting a 2.5-fold increase in the Indicated Silver-Lead resource and introducing a maiden Indicated Copper-Gold resource. This update underscores the project’s growing potential as it advances towards development.

Perpetual Resources is set to commence its first-ever drilling campaign at the Igrejinha Lithium Project in Brazil’s Lithium Valley, targeting high-grade spodumene pegmatites with results expected in July.

ioneer Ltd has dramatically expanded its Rhyolite Ridge lithium-boron project reserves, underpinning a 95-year mine life and confirming robust economics supported by a US$996 million U.S. Department of Energy loan.

EV Resources Limited has agreed to sell its Yanamina Gold and Silver Project in Peru to Daura Gold Corp for US$6 million, a move that will bolster EVR’s cash reserves and sharpen its strategic focus.

Redivium Limited has secured a definitive five-year marketing and offtake agreement with WMC Energy BV, ensuring exclusive global sales of black mass from its UK battery recycling facility.

Genmin Limited has signed a non-binding term sheet for a US$3 million convertible notes offer with a prominent US family office, aiming to accelerate development of its Baniaka iron ore project in Gabon.

Manuka Resources’ Taranaki VTM Project has advanced through a critical regulatory checkpoint, with no competing applications or appeals standing in its way, moving closer to expert panel determination.

Nova Minerals is launching a major 15,000-metre drilling campaign at its Estelle Project in Alaska, targeting gold and antimony resources to advance feasibility and permitting. The program includes maiden resource drilling at the high-grade Stibium prospect and potential expansion pending U.S. defense funding.