Latest Cost Estimation News

Prominence Energy has validated elevated helium and natural hydrogen levels in South Australia, backed by independent lab and satellite data, while securing $1.56 million to fund its next exploration phase targeting mid-2027 drilling.

Antipa Minerals has upgraded its Minyari Project resource to 3.6 million ounces gold equivalent with a strong increase in indicated resources, while launching a major 41,000m drilling campaign and advancing its Pre-Feasibility Study with encouraging metallurgical and geotechnical results.

Alliance Nickel has kicked off vat leach testing at its NiWest Nickel-Cobalt Project, aiming to slash capital costs, while raising $2.4 million through a partial entitlement offer and extending loan facilities to mid-2027.

Whitehaven Coal delivered a robust finish to FY26, hitting top-end guidance for production and sales while improving safety and reducing costs.

Anax Metals has kicked off Front-End Engineering Design for its Whim Creek Copper Project, setting the stage for a Final Investment Decision by the end of 2026. The project, boasting a robust DFS with a pre-tax NPV7 of A$501 million and a 98% IRR, moves closer to construction amid ongoing financing talks.

Australian Mines has fast-tracked its Flemington Scandium Project pre-feasibility study to explore scaling production from 60 to 180 tonnes per annum amid rising market demand. The study builds on a strong scoping study that valued the project at up to US$860 million NPV.

Prominence Energy outlines a disciplined, capital-efficient plan to advance its South Australian helium and natural hydrogen projects toward drilling in mid-2027, backed by low-cost exploration and strategic funding options.

Sunrise Energy Metals is fast-tracking studies to triple scandium oxide production at its Syerston project, aiming to meet soaring global demand and secure supply outside China. The initial 60tpa development targets commercial production in 2028, while the expanded 180tpa plan remains flexible and contingent on market signals.

Silver Mines has confirmed robust economics for its Bowdens Silver Project, boosting ore reserves to 93.5 million ounces and outlining a 26-year mine life with a $455 million capital cost estimate.

Stavely Minerals advances its Freddy’s Find gold-silver discovery with deep diamond drilling confirming low-sulphidation epithermal mineralisation, while its Thursday’s Gossan and Cayley Lode copper-gold-silver Scoping Study enters final documentation.

Critical Minerals Group’s Pre-Feasibility Study for its Lindfield Vanadium Project delivers a robust $821 million pre-tax NPV and 26.6% IRR, setting the stage for a Definitive Feasibility Study and potential final investment decision in 2027.

Fenix Resources has secured crucial regulatory and environmental approvals for its Beebyn-W10 iron ore mine, adjacent to Beebyn-W11, forming the Beebyn Hub. This milestone underpins the company’s 3-Year Production Plan aiming for up to 6 million tonnes per annum by FY28.