Latest Engineering News

Theta Gold Mines reports significant progress in funding discussions, plant construction, and resource integration for its TGME gold project in South Africa during Q1 2025.

Larvotto Resources has completed key technical work on its Hillgrove DFS, incorporating a shift to dry tailings storage and capitalising on record gold and antimony prices, while exploration drilling delivers high-grade intercepts and the company strengthens its operational base.

Prominence Energy reported steady progress on its uranium remediation and gas exploration projects while managing costs amid a constrained cash position. The company is poised to unlock value from key assets as it navigates funding challenges.

Aspire Mining Limited has made significant strides in developing its Ovoot Coking Coal Project in Mongolia, securing key infrastructure bids and maintaining a robust financial position as it moves closer to production.

Cardiex Limited reported a $2.06 million cash outflow for Q3 2025 but is driving cost savings and new revenue streams while planning a capital raise to reach positive cash flow.

Celsius Resources has locked in a USD 76.4 million bridge loan from the Philippine sovereign wealth fund to advance early development of its flagship MCB copper-gold project, while raising A$3.3 million through a share placement to bolster its balance sheet.

Conrad Asia Energy has secured a pivotal Gas Sales Agreement with Indonesia’s state utility PLN, linking Mako gas prices to the Indonesian Crude Price and advancing its farmout strategy while increasing its stake in the Duyung PSC to 91.5%.

Peninsula Energy has postponed commissioning of its Lance Uranium Project’s Central Processing Plant to the June quarter, prompting a downward revision of production forecasts through 2027 amid leadership changes and share suspension.

Talga Group advances its European battery materials ambitions with EU Strategic Project recognitions for its graphite mine and anode refinery, alongside a €70 million Innovation Fund grant.

Green Technology Metals (ASX: GT1) reports a significant lithium resource increase to 30.4 million tonnes and advances key projects in Ontario, while implementing strategic cost controls amid challenging market conditions.

MC Mining reports steady progress on its Makhado hard coking coal project with key construction milestones met, while Uitkomst Colliery faces production setbacks and rising costs amid depressed coal prices.

Toro Energy has completed a re-optimisation of its Lake Maitland mining pit at the Wiluna Uranium Project, integrating updated uranium and vanadium resource estimates and rising cost assumptions. The company is progressing a scoping study update while engaging with native title groups, positioning itself amid strengthening uranium market conditions.