Latest Construction News

Evolution Energy Minerals advances its development-ready Chilalo Graphite Project in Tanzania, targeting a Final Investment Decision by mid-2026 while exploring promising copper prospects and strengthening its leadership team.

Foresta Group Holdings secures a critical extension from New Zealand's Overseas Investment Office and partners with EECA to explore geothermal energy use, pushing forward its flagship Kawerau biomass project.

Triton Minerals pushes forward with its Aucu Copper/Gold Project after securing exploration licenses, while navigating a protracted $8.5 million legal dispute over its Mozambique Graphite Assets sale and implementing austerity measures to safeguard cash.

Cokal Limited has secured a strategic US$15 million debt facility to support infrastructure and coal production at its Indonesian BBM mine, while cautiously navigating weak market conditions with minimal production and resumed domestic shipments.

Pacific Lime and Cement Limited has made significant strides in Papua New Guinea, rebranding and advancing key projects while initiating commercial quicklime shipments to Western Australia. The company’s robust cash position and community agreements set the stage for upcoming construction milestones.

Kore Potash has signed non-binding term sheets for a $2.2 billion financing package to develop its Kola Potash Project, marking a significant step toward construction. The company also progressed environmental assessments and strengthened government relations during Q2 2025.

Besra Gold has appointed a new, experienced Board and advanced drilling and metallurgical trials at its Jugan deposit, while awaiting a critical mining lease renewal.

Aspire Mining Limited has refined its Ovoot Coking Coal Project development plans to reduce upfront capital expenditure, progressing towards mining commencement in Q4 2025 amid positive market feedback and advancing infrastructure contracts.

Viridis Mining and Minerals has been selected for up to US$903 million in Brazilian government funding to advance its Colossus Rare Earth Project, while delivering Brazil’s first locally sourced rare earth oxides and posting robust Pre-Feasibility Study results.

Theta Gold Mines secures a pivotal US$35 million loan facility and board approval to mine, marking significant progress in the development of its TGME Gold Mine Project in South Africa.

International Graphite Limited (ASX, IG6) has signed a cooperation agreement to develop a 3,000 t/y expandable graphite facility in Germany, advancing its global footprint alongside progress at its Collie micronising plant and Springdale project, supported by potential US Department of Defense funding.

Excite Technology Services has reported its highest-ever quarterly customer receipts of $6.3 million, driven by strong growth across its cybersecurity, digital forensics, and IT services divisions. The company also secured a significant $676,000 Federal Government contract and completed its NANGU Tactical Centre.