Latest Engineering Studies News

Buru Energy has enhanced the Rafael Gas Project’s mid-case value by over 45% through new engineering insights, while securing A$5.3 million to advance development. The company delayed appraisal drilling to 2027 to optimise funding and project design, and navigates a leadership change with CEO Thomas Nador stepping down.

Buru Energy has secured $5.3 million through a two-tranche placement to fund enhanced development of the Rafael Gas Project, following a significant uplift in project economics from new engineering insights.

Sun Silver has engaged global engineering firm Ausenco to lead critical concept and scoping studies for its Maverick Silver Project in Nevada, aiming to underpin a maiden Scoping Study by late 2026. The move leverages Ausenco’s North American precious metals expertise and comes as silver prices hover near US$77 an ounce, bolstering project economics.

Legacy Iron Ore has boosted its Mt Celia gold resource by over half, now holding 390,150 ounces, underpinning its ongoing heap leach pre-feasibility study and signaling potential for further growth.

Anson Resources has recorded lithium grades of up to 148ppm from drilling fluids at its Mt Fuel-Skyline Geyser well in Utah, supporting a significant upgrade to its Green River Lithium Project resource estimate.

Fulcrum Lithium Ltd has completed its largest Phase 3 drilling program at the Alkali Flats project in Nevada, confirming extensive lithium mineralisation with multiple thick intersections and assay results pending to further define the resource.

Alliance Nickel Limited (ASX:AXN) has launched a non-renounceable entitlement offer to raise approximately A$4.15 million, aiming to fund capital cost optimisation for its NiWest Nickel-Cobalt Project and support general working capital.

POSCO Holdings has postponed its investment decision on Anson Resources’ Green River lithium demonstration plant due to global uncertainties, yet maintains strong collaboration and strategic commitment.

St George Mining has partnered with Spain’s Tecnicas Reunidas to test advanced processing technology on its Araxá rare earths, aiming to unlock European markets alongside existing US and Brazilian alliances.

Pivotal Metals has launched Phase 2 metallurgical testwork at its Horden Lake project in Quebec, aiming to enhance metal recoveries and project economics while drilling progresses at its Belleterre exploration sites.

Auric Mining Limited reported a near doubling of net profit to $5.2 million for 2025, marking its successful transition to a gold producer with key operational milestones at Munda and the acquisition of Burbanks processing facility.

Finder Energy has confirmed the technical feasibility of repurposing the Petrojarl I FPSO vessel for its Kuda Tasi and Jahal oil fields, setting the stage for a final investment decision by mid-2026.