Latest Engineering Design News

Comet Ridge has raised $40 million through a placement and $875,750 via a share purchase plan to fund the acquisition of Santos’ remaining stake in the Mahalo Gas Project and progress development activities.

Anson Resources and JordProxa have successfully completed the first phase of non-thermal downstream processing test work, advancing the Green River Lithium Project closer to commercial production.

Equus Energy has completed a critical Pre-FEED study for its Equus Gas Project, confirming two cost-effective development pathways and initiating commercial partnerships. The company also strengthened its board and maintains a solid cash position heading into FEED.

Cadoux Limited has made significant strides in its high purity alumina project, achieving EU SAFELOOP lithium-ion battery qualification, while expanding its footprint in Victoria's rare earth sector via a joint venture. The company also completed a $2.6 million capital raise, bolstering its cash position for upcoming development milestones.

Talga Group has marked a milestone with its first commercial delivery of natural graphite anode outside Asia, progressing key funding discussions and strategic partnerships to support its Vittangi Anode Project.

Anax Metals has secured $16 million through placements to fund exploration and development at its Whim Creek Project, with diamond drilling commenced and FEED launched ahead of a targeted Final Investment Decision in Q4 2026.

Predictive Discovery reported a 33% increase in gold production to 64,026 ounces in Q2 2026, driven by Kiniero’s operational ramp-up and advancing development at the Bankan project.

Tungsten Mining has locked in a robust economic case for its Watershed project with a pre-tax NPV of A$1.31 billion and IRR near 200%, while launching its largest-ever drilling campaign at Mt Mulgine to underpin long-term growth.

Northern Star Resources has kicked off commissioning of its KCGM Mill Expansion Project while delivering solid June quarter results, including record mining volumes and positive cash flow across all production centres.

Deterra Royalties reported a record A$61.8 million iron ore royalty revenue from Mining Area C in the June 2026 quarter, alongside significant progress at the Thacker Pass lithium project with US$1.21 billion drawn from a US Department of Energy loan.

Anax Metals has kicked off Front-End Engineering Design for its Whim Creek Copper Project, setting the stage for a Final Investment Decision by the end of 2026. The project, boasting a robust DFS with a pre-tax NPV7 of A$501 million and a 98% IRR, moves closer to construction amid ongoing financing talks.

Brazilian Critical Minerals delivers a robust Bankable Feasibility Study for its Ema rare earth project, showcasing strong economics, a major resource upgrade, and advancing permitting milestones.