Latest Cost Estimation News

Viking Mines has achieved a significant metallurgical breakthrough at its Linka Tungsten Project, boosting recovery to 76.0% with a 56.9% WO3 concentrate grade, surpassing previous targets and reinforcing a low-capex processing approach ahead of maiden drilling.

Fortuna Metals has produced 66kg of high-grade rutile concentrate from its Mkanda project bulk sample and is progressing drilling programs ahead of a maiden inferred resource estimate expected by early July 2026.

Viking Mines reports up to 1.1% WO3 in Linka stockpile samples, advancing processing and drilling plans amid strong tungsten prices.

Mont Royal Resources has unveiled an updated Preliminary Economic Assessment for its Ashram Rare Earths Project, confirming robust economics and a long mine life with strategic importance for Western critical minerals supply chains.

Lithium Universe (ASX: LU7) has launched a detailed development program to commercialise a novel hydrometallurgical process for extracting gold and copper from electronic waste, aiming to disrupt traditional smelting with a more sustainable, low-energy method.

Heartland Group Holdings has agreed to acquire TSB Bank for NZD 620 million, merging the two into a challenger bank with $18 billion in assets and expected 20% EPS accretion.

EcoGraf confirms its patented HFfree process offers competitive costs for producing high-purity spherical graphite, targeting non-Chinese battery supply chains with plans for facilities in the US, Europe, and Asia.

Argosy Minerals has achieved 99% lithium chloride purity and 94.4% lithium recovery in pilot plant test works for its 12,000tpa Rincon Lithium Project, underpinning its move toward industrial-scale production and advancing its Definitive Feasibility Study.

Viking Mines reports a major metallurgical breakthrough at its Linka Tungsten Project, achieving a 62.5% WO3 concentrate at 59.8% recovery using combined gravity and flotation processing on a larger 10 kg sample, significantly improving previous results and validating a low-capex flowsheet ahead of maiden drilling.

Develop Global’s Pioneer Dome lithium project hits high-grade infill drilling results surpassing resource expectations, setting the stage for a Final Investment Decision next month on an 850,000-tonne DSO operation.

NoviqTech's Coralia has kicked off a comprehensive trial converting invasive Chinese Apple trees into biochar at its Great Barrier Reef project, aiming to validate carbon removal methods and support institutional partnerships.

International Graphite has secured a building permit to start earthworks at its Collie Micronising Facility, unlocking further government funding and keeping the project on track for completion in mid-2027.