Latest Economic Development News

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Australian Mines Limited has raised $3 million through a strategic placement led by Tribeca Investment Partners to fast-track its Flemington Scandium Project from scoping to pre-feasibility study, aiming to de-risk and advance permitting.
Maxwell Dee
Maxwell Dee
4 May 2026
Evion Group has secured key approvals from Madagascar’s Ministry of Mines to convert exploration permits into mining permits for its Maniry Graphite Project, backed by significant EU funding and US trade initiatives. Meanwhile, its Indian joint venture progresses a major graphite plant expansion to meet growing demand.
Maxwell Dee
Maxwell Dee
30 Apr 2026
Turaco Gold has lifted its Afema Project gold resources by 15% to 4.65 million ounces, driven by multiple deposit upgrades and maiden resource declarations. The Pre-Feasibility Study is on track for Q2 2026, underpinned by a strong cash position and ongoing drilling campaigns.
Maxwell Dee
Maxwell Dee
29 Apr 2026
Brazilian Rare Earths (ASX: BRE) has reported substantial expansion of its Monte Alto rare earth project with ultra high-grade drilling results and validated low-temperature processing delivering 97% recovery. The company also secured a Trial Mining Licence enabling early production and bulk shipments.
Maxwell Dee
Maxwell Dee
27 Apr 2026
Santos delivered a steady first quarter with production up 3% year-on-year, driven by Barossa's initial cargoes and Pikka phase 1 nearing first oil. Free cash flow held firm at $383 million, while a key Moomba optimisation project received final investment approval.
Maxwell Dee
Maxwell Dee
23 Apr 2026
West African Resources (ASX:WAF) closed Q1 2026 with a record A$847 million cash balance, underpinned by robust gold production of 107,728 ounces at an AISC of US$1,921/oz. Meanwhile, Burkina Faso's government formalised a 25% acquisition in the Kiaka project for A$175 million, marking a significant shift in ownership.
Maxwell Dee
Maxwell Dee
23 Apr 2026
Nelson Resources has secured a Native Title and Mining Agreement with the Nyalpa Pirniku People, clearing a key hurdle for mining leases at the Yarri Gold Project near Kalgoorlie. MEGA Resources will fully fund up to A$10 million in initial development, accelerating the project towards a mining decision.
Maxwell Dee
Maxwell Dee
13 Apr 2026
Alkane Resources delivered 45,776 ounces of gold equivalent in Q3 2026, boosted cash and bullion holdings to $362 million, and maintained its full-year production guidance amid stable operations.
Maxwell Dee
Maxwell Dee
9 Apr 2026
Orion Minerals secures a major milestone as South Africa’s IDC converts its loan into a significant equity stake in the Prieska Project, streamlining financing and advancing development plans.
Maxwell Dee
Maxwell Dee
2 Apr 2026
The U.S. District Court has upheld the federal permit for Ioneer’s Rhyolite Ridge project, removing key legal obstacles and enabling the company to advance construction of its critical minerals mine in Nevada.
Maxwell Dee
Maxwell Dee
31 Mar 2026
Resolute Mining and Guinea’s state-owned Nimba Mining Company have signed a landmark MoU to jointly explore and potentially develop gold projects, marking a significant step in Guinea’s mineral diversification.
Maxwell Dee
Maxwell Dee
31 Mar 2026
Terramin Australia has released an updated 2025 Mining Study for its Tala Hamza Zinc Project in Algeria, increasing throughput to 2.0 million tonnes per annum and confirming strong financial returns with advanced funding negotiations underway.
Maxwell Dee
Maxwell Dee
30 Mar 2026