Latest Economic Development News

Manuka Resources’ subsidiary Trans-Tasman Resources has entered a pivotal phase as an expert panel starts assessing its Fast Track application for seabed mining off New Zealand’s coast, aiming to unlock significant economic and mineral export potential.

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.

VRX Silica Limited has secured approval for its Mining Proposal at the Arrowsmith North Silica Sand Project, marking a pivotal step toward production in a globally significant silica sand deposit.

Pacific Lime and Cement Limited has approved the Final Investment Decision for its Central Lime Project, adopting a fully equity-funded approach that slashes upfront capital costs by 42% and secures strong backing from the Papua New Guinea government and local communities.

Terrain Minerals has wrapped up a significant 4,995m drilling campaign at its Smokebush Gold Project, with assay results expected in September 2025. The company is simultaneously advancing exploration across multiple Australian projects targeting gold, gallium, copper, lithium, and rare earth elements.

Genesis Minerals has outperformed its FY25 production guidance with record gold output and strengthened its strategic position through the acquisition of Focus Laverton assets, underpinning its ambitious ASPIRE 400 growth strategy.

Alpha HPA Limited has issued shares and options to the Port Curtis Coral Coast Aboriginal Peoples Charitable Trust, reinforcing its commitment to First Nations economic participation and satisfying key debt funding conditions.

Foresta Group Holdings secures a critical extension from New Zealand's Overseas Investment Office and partners with EECA to explore geothermal energy use, pushing forward its flagship Kawerau biomass project.

Triton Minerals pushes forward with its Aucu Copper/Gold Project after securing exploration licenses, while navigating a protracted $8.5 million legal dispute over its Mozambique Graphite Assets sale and implementing austerity measures to safeguard cash.

Electro Optic Systems (EOS) has secured its largest-ever order for the Slinger Counter-Drone system, boosting its contract backlog by 25% to $170 million and reporting strong cash flow and a debt-free balance sheet.

Titanium Sands Limited has secured retention licenses for four critical exploration areas and is progressing its Environmental Impact Assessment in Sri Lanka, while engaging government officials and local landowners to navigate regulatory hurdles.

Askari Metals has launched a comprehensive regional exploration program at its Nejo Gold and Copper Project in Ethiopia, targeting high-grade gold and copper mineralisation with drilling planned for late 2025.