Latest Economic Development News

Anson Resources has secured a conditional US$357.7 million incentive package proposal from Utah authorities, potentially easing capital and tax burdens for its Green River Lithium Project and enhancing its financial outlook.

Vita Resources has inked a Heads of Agreement with Otago Gold, marking its strategic entry into New Zealand's gold sector with exclusive rights to explore hard-rock deposits below 10 metres depth across key Southland and Otago tenements.

Turaco Gold’s Pre-Feasibility Study for the Afema Project in Côte d’Ivoire outlines a robust gold development producing around 200,000 ounces annually over a decade, backed by a maiden 1.91Moz Ore Reserve and a US$2.1 billion post-tax NPV.

West African Resources (ASX:WAF) delivered a record quarterly gold production of 125,179 ounces in Q2 2026, maintaining its trajectory toward full-year guidance amid robust cash generation and promising drilling results.

West Wits Mining has achieved a major underground breakthrough at Qala Shallows, unlocking higher-grade ore zones, while completing a comprehensive ZAR 1.115 billion finance package that underpins its production ramp-up.

PMET Resources has formalised its engagement with the Cree Nation of Chisasibi through a non-binding Letter of Intent, setting a framework for ongoing dialogue and assessment around its Shaakichiuwaanaan lithium project in Quebec.

Latitude 66 has locked in critical exploration permits for its high-grade KSB Project in Finland, enabling an accelerated development phase including drilling and advanced studies.

Deep Yellow has awarded two major civil and concrete construction contracts worth about A$34 million to Namibian-owned companies for its Tumas uranium project, advancing its path to a Final Investment Decision in late 2026.

PMET Resources has achieved over 97% caesium extraction from pollucite concentrate using sulphuric acid leaching at SGS Canada, while parallel proprietary testwork with Koch Technology Solutions advances value-added caesium chemical pathways.

Askari Metals is deepening government and community partnerships in Ethiopia while advancing operational readiness at its Nejo Gold-Copper Project, positioning for imminent exploration activity.

Tivan Limited has engaged Indigenous-owned MDM Mining & Civil under an Early Contractor Involvement contract to optimise the access road design for its Speewah Fluorite Project in WA, supporting the ongoing Definitive Feasibility Study.

Metals Australia’s prefeasibility study for its Lac Carheil Graphite Project in Quebec reveals a strong economic foundation with a pre-tax NPV of AUD 790.8 million and a 22% IRR, underpinning its potential as a significant future graphite supplier.