Latest Economic Development News

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.

Vital Metals Limited has released a comprehensive Scoping Study for its Tardiff Rare Earths deposit in Canada, revealing strong economic potential with an 11-year mine life and significant neodymium-praseodymium resources.

Nova Minerals supports the permit application for the West Susitna Access Road, a vital infrastructure project set to enhance mining access and economic growth in Alaska’s resource-rich region.

St Barbara Limited updates on its Nova Scotia operations with progress on the 15-Mile Processing Hub prefeasibility study, reclamation milestones at Touquoy, and a pioneering pumped hydro energy storage project, while weighing strategic options for its Atlantic Gold assets.

Ionic Rare Earths’ Brazilian joint venture Viridion has secured land and government backing to build South America’s inaugural rare earth refining and recycling centre, aiming to start operations by late 2026.

Buru Energy revises its Rafael Gas Project development plan, prioritising drilling the Rafael B appraisal well in mid-2026 and delaying the Final Investment Decision by six months, while maintaining first production for late 2027.