Latest Cost Estimation News

Cobalt Blue Holdings has completed a scoping study for its Halls Creek Project in Western Australia, outlining a staged development plan with promising economics and a sustainable power strategy. The project targets near-term copper and zinc production with a modest initial capital outlay.

Freehill Mining has produced a high-grade magnetite concentrate of approximately 66% iron from its Yerbas Buenas mine bulk sample, setting the stage for renewed mining operations in Chile.

Ioneer Ltd has announced a 308% increase in the Ore Reserve for its Rhyolite Ridge Lithium-Boron Project in Nevada, extending mine life to 95 years and confirming robust economics with low-cost lithium production and a stable boric acid revenue stream.

Accent Resources has launched a Pre-Feasibility Study for its MagneƟte Range Project, aiming to produce premium magnetite concentrate tailored for modern steelmaking. This move positions the company to tap into growing demand for low-carbon steel inputs.

Arizona Lithium has achieved a landmark regulatory approval for Phase 1 production at its Prairie Lithium Project, marking the first lithium brine operation sanctioned in Saskatchewan. Updated drilling and modeling have significantly expanded the project's resource base and production potential.

Core Lithium has doubled the Grants Ore Reserve by shifting to underground mining, lifting total Finniss Ore Reserves to 10.73 million tonnes at 1.29% lithium oxide. This update supports a robust 10-year mine plan with potential for extended operations.

Bega Group is consolidating its Strathmerton cheese operations into its Ridge Street site by mid-2026, targeting significant cost savings and operational efficiencies.

Ioneer Ltd reveals promising Falcon gravity concentration testwork results that enhance lithium grade and yield at its Rhyolite Ridge project, underpinning future expansion potential.

Barton Gold Holdings has released an Optimised Scoping Study for its Tunkillia Gold Project, revealing significant improvements in project economics, including a sub-one-year payback and reduced capital expenditure. The study paves the way for accelerated feasibility work and funding efforts.

Reliance Worldwide Corporation updates on the financial impact of new US tariffs, outlining a multi-pronged mitigation strategy and revising its FY25 sales outlook amid market uncertainty.

Finder Energy has advanced its Kuda Tasi and Jahal oilfields development by completing a comprehensive subsea concept study, delivering refined cost estimates and development scenarios that strengthen project economics and de-risking efforts.

Woolworths Group reported a 3.2% rise in total sales to $17.3 billion for Q3 FY2025, driven by strong growth in Australian Food, B2B, and New Zealand segments, alongside a 15.7% surge in eCommerce. However, BIG W’s sales decline and profit outlook challenges temper the overall performance.