Latest Economic Evaluation News

Iondrive Limited’s updated evaluation of its IONSolv™ technology projects a US$243 million post-tax NPV and US$62 million annual EBITDA for a single rare earth recovery module in the US, driven by high feedstock grade assumptions and independently validated recoveries.

Argosy Minerals has raised $3 million through a placement at a 19% discount, with an additional $500,000 sought via a Share Purchase Plan to fund its 12ktpa Rincon Lithium Project development.

Nimy Resources reports metallurgical tests achieving 84% gallium and up to 95% rare earth extraction at its Mons Project Block 3, underpinning proprietary processing technology and feeding into a scoping study.

Nimy Resources has reported metallurgical tests confirming strong extraction rates of gallium and rare earth elements from its Block 3 resource at the Mons Project, underpinning its proprietary processing flowsheet and advancing its scoping study.

Tungsten Mining has engaged Cutfield Freeman to lead debt financing efforts for its Watershed Tungsten Project, following a robust Preliminary Economic Evaluation and targeting a Final Investment Decision in September 2026.

McLaren Minerals reported robust assay results from 179 drill holes at its McLaren Titanium Project, revealing a consistent heavy mineral grade averaging 4.96% over 15.8 metres from surface, underpinning resource upgrade and feasibility plans.

Freehill Mining has appointed seasoned engineer Marco Meneses to spearhead development at its Blanco y Negro copper-gold project, coinciding with Chile's planned legislative change to double processing thresholds for small miners, enhancing project viability.

Westgold Resources has declared a maiden Ore Reserve of 1.1 million ounces at its Fletcher deposit, marking a significant 30% increase in total Mineral Resources at Beta Hunt and advancing plans for a 4Mtpa processing expansion.

Tungsten Mining has kicked off a comprehensive 20,700-metre drilling campaign at its Watershed Tungsten Project, aiming to boost geological confidence and gather critical engineering data following strong economic results.

Stavely Minerals has released a comprehensive Scoping Study for its Thursday’s Gossan and Cayley Lode deposits in western Victoria, outlining a 13-year open pit copper-gold-silver operation with strong financial metrics and a 4Mtpa processing plant.

Nex Metals has advanced its Kookynie Tailings Project metallurgical testing, lifting gold recovery significantly and uncovering a promising tungsten by-product opportunity.

QMines Limited has boosted the Mount Mackenzie gold and silver resource by 32% in gold ounces, with 70% now classified as Indicated, following a comprehensive 73-hole drilling campaign that enhanced geological confidence and resource scale.