Latest Cost Estimation News

Black Canyon Limited has reported encouraging beneficiation testwork results from its Wandanya manganese project, achieving manganese oxide concentrate grades exceeding 40% using simple density-based methods. The company has also commenced a 15,000m drilling program alongside environmental surveys, progressing the project towards scoping-level economic evaluation.

Rox Resources Limited has executed a A$350 million syndicated debt facility agreement with major banks to fund the development of its Youanmi Gold Project, targeting first gold production by mid-2027.

AGL Energy has committed to a $490 million gas power project in Western Australia, aiming to enhance energy reliability and support renewable integration from late 2027.

St George Mining has partnered with Spain’s Tecnicas Reunidas to test advanced processing technology on its Araxá rare earths, aiming to unlock European markets alongside existing US and Brazilian alliances.

Patrys Limited is advancing a proprietary injectable formulation of quetiapine aimed at the large and underserved delirium treatment market, leveraging an accelerated FDA approval pathway and extensive existing safety data.

Stavely Minerals has issued an amended 2026 Mineral Resource Estimate and Scoping Study, correcting key data omissions and confirming significant growth in its copper, gold, and silver resources. The updated study highlights promising open pit and underground mining potential in Western Victoria.

Genetic Signatures is undertaking a major organisational restructure to cut costs by $5 million and sharpen its commercial focus, aiming to accelerate growth in its diagnostic product offerings.

West Cobar Metals reports promising metallurgical testwork supporting a low-cost heap leach processing pathway at its Salazar Critical Minerals Project, highlighting strong recoveries of high-value rare earths including dysprosium and terbium.

Magnetic Resource NL has updated its scoping study for the Lady Julie Gold Project, significantly increasing the underground production target and extending the mine life. The revised plan also lowers underground mining costs and defers some capital expenditure by prioritising open pit operations.

VHM Ltd has secured board approval to develop its Goschen Rare Earths and Mineral Sands Project at full capacity, signalling a strategic pivot to meet surging global demand for critical minerals.

Finder Energy has confirmed the technical feasibility of repurposing the Petrojarl I FPSO vessel for its Kuda Tasi and Jahal oil fields, setting the stage for a final investment decision by mid-2026.

Neometals Ltd has released a positive scoping study for its Ironclad gold deposit at the Barrambie Gold Project, outlining a rapid production pathway with potential output of up to 11,000 ounces of gold within a year.