Latest Engineering Design News

Tesoro Gold has accelerated its Definitive Feasibility Study and development readiness for the 1.82Moz Ternera deposit, forming strategic alliances and advancing financing plans.

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.

Iondrive Limited has gained a significant boost from the Oklahoma Department of Commerce, receiving a Letter of Support and potential incentives valued at over US$15 million for scaling its rare earth recycling modules in the US.

Provaris Energy has hit a major FEED milestone, submitting its detailed engineering package for the YP-Provaris LCO2 tank to DNV for maritime certification, positioning the company for significant CCS supply chain opportunities.

Comet Ridge has locked in $40 million through a two-tranche placement and plans a $5 million share purchase plan to fund full ownership and development of its Mahalo Gas Project.

Lycopodium Limited has landed a A$196 million engineering and construction management contract for Resolute Mining’s Doropo Gold Project, marking a major expansion in West Africa.

Critical Minerals Group (ASX: CMG) has secured $1.5 million through a discounted two-tranche placement to accelerate its vanadium electrolyte strategy, including feasibility studies and offtake negotiations.

Provaris Energy has raised $1 million through a share placement to fund key 2026 development milestones in hydrogen and liquid CO2 storage, reinforcing its technical progress and partnerships.

Astron Limited is advancing talks for a $220 million senior debt package to fund Phase 1 of its Donald Rare Earths and Mineral Sands Project, with a final investment decision now expected in Q3 2026.

Aurelia Metals has completed a Pre-Feasibility Study for its New Occidental Tailings Retreatment Project, declaring a maiden Ore Reserve and outlining strong economics and a clear path to production at its Peak Operation in NSW.

Toubani Resources reports rapid earthworks progress and equipment deliveries at Kobada Gold Project, maintaining its target for first gold in Q3 2027.

Maritana Minerals has increased the processing capacity of its Black Swan Processing Hub to 2.5 million tonnes per annum, with construction set to begin mid-2026 and first production expected in the second half of 2027.