Latest Development Projects News

Hot Chili Limited has launched a A$40 million private placement to accelerate development of its Fuego copper project in Costa Rica, issuing shares at a discount to recent prices. The capital raise aims to boost exploration and feasibility studies while enhancing liquidity on the TSX Venture Exchange.

Bowen Coking Coal maintained steady production in the December quarter despite ongoing administration and a challenging market, though rising costs and a 12% sales dip highlight operational pressures.

South Harz Potash Limited has made significant strides in its critical minerals strategy, securing new exploration licences in Sweden and uncovering promising copper, gold, and rare earth element mineralisation. The company also bolsters its leadership with a key board appointment as it prepares for a transformative 2026.

Matsa Resources reported solid progress at its Lake Carey Gold Project, delivering $11.73 million in gold sales and initiating new exploration drilling to boost its resource base.

Zimplats reported a 15% year-on-year rise in mined volumes and a 6% quarter-on-quarter reduction in operating cash costs per ounce, while advancing key infrastructure projects on schedule.

Axtec Limited maintains a steady cash position through strategic equity placements and cost reductions while advancing its PropTech platform and partnerships.

Toro Energy shareholders are set to gain exposure to a diversified uranium portfolio through IsoEnergy’s acquisition offer at a near 80% premium, while Toro advances its Wiluna Uranium Project amid strong market tailwinds.

5E Advanced Materials has resumed trading on the ASX following its announcement of a proposed capital raising through a U.S. public offering. Investors await details on how this move will reshape the company’s financial outlook.

5E Advanced Materials has successfully priced an upsized and oversubscribed US$36 million public offering, aiming to accelerate its boron and lithium development projects. The capital raise underscores investor confidence as the company advances its clean energy materials strategy.

Echelon Resources reported a slight dip in production but secured long-term gas sales contracts extending to 2034 and plans four new development wells in the Amadeus Basin. The company also reduced its debt by A$7 million, maintaining financial flexibility for growth.

Bathurst Resources reported a first-half FY26 EBITDA of NZD 16 million, maintaining its full-year guidance despite export challenges and cost pressures. Key development projects in New Zealand and Canada continue to advance steadily.

Kingsgate Consolidated has delivered a stellar December quarter, boosting cash reserves by 56% and maintaining robust production guidance for FY26 amid favourable gold and silver prices.