Latest Definitive Feasibility Study News

Vanadium Resources Limited is progressing towards Direct Shipping Ore operations at Steelpoortdrift, advancing key conditions for a binding offtake agreement with China Precious Asia Limited while optimizing mining readiness and exploring growth opportunities.

Rox Resources reports metallurgical test results confirming over 94% gold recovery at Youanmi using Albion oxidative leaching, advancing its path to production. The company also appoints Increva to oversee key construction phases.

Wia Gold Limited has raised A$30 million through a placement to fund accelerated exploration and development at its Kokoseb gold project in Namibia, bolstering its cash position to approximately A$55 million.

Iluka Resources reported a 31% drop in net profit for the first half of 2025, challenged by lower mineral sands prices but buoyed by strong cost controls and early project milestones.

Sarytogan Graphite Limited secures a strategic A$3.6 million investment from Kazakh high-net-worth investor Dias Sarsenov, accelerating its Definitive Feasibility Study for a critical graphite project vital to Europe’s raw materials supply.

European Metals Holdings has secured a crucial funding pathway to complete the Definitive Feasibility Study for its Cinovec Lithium Project, combining a A$3 million placement with non-dilutive refinancing options to meet its €5.39 million share of a €11 million cash call.

Lake Resources has successfully raised up to A$12 million through a strongly supported placement, bolstering its financial position to advance the Kachi lithium project in Argentina.

VBX Limited strengthens its leadership and advances drilling programs at the Wuudagu bauxite project, setting the stage for a pivotal Definitive Feasibility Study and environmental approvals.

Rox Resources has reported multiple high-grade gold intersections from recent drilling at its Youanmi Gold Project, reinforcing its status as one of Australia’s most promising gold developments.

Marimaca Copper has successfully extended the high-grade copper mineralization at its Pampa Medina deposit by 300 meters west, confirming a large, continuous sediment-hosted system with promising grades and widths.

Magnetite Mines Limited has announced a pro rata renounceable rights issue to raise up to $2.65 million, aiming to advance its flagship Razorback iron ore project in South Australia. The offer includes free attaching options and is partially underwritten, reflecting the company’s strategic push towards securing funding and completing key project milestones.

Global Lithium Resources has finalized a Native Title Mining Agreement with the Kakarra Part B Native Title Group, unlocking the path for its Manna Lithium Project's development and operational progress.