Latest Engineering News

PMET Resources has completed a positive lithium-only feasibility study for its Shaakichiuwaanaan Project in Quebec, confirming technical and economic viability for a large-scale spodumene concentrate operation with a targeted final investment decision in 2027.

Latitude 66 has inked a binding deal with Iondrive to test innovative Deep Eutectic Solvent technology on cobalt concentrates from its Finnish KSB Project, aiming to boost cost-efficiency and sustainability in critical minerals refining.

Wildcat Resources has identified viable processing methods for previously overlooked lithium and tantalum resources at its Tabba Tabba Project, potentially converting waste into valuable ore and enhancing project economics ahead of its Definitive Feasibility Study.

True North Copper has appointed Andrew Mooney as Managing Director, signaling a strategic shift towards advanced exploration and project development in Queensland.

Horizon Minerals reported steady gold production from Boorara and Phillips Find, unveiled promising high-grade drilling results at Burbanks, and acquired the Gordons Project near Black Swan, while progressing a key Pre-Feasibility Study for a gold processing plant conversion.

Metal Powder Works Limited (MPW) has landed a $1 million contract with the US Navy for its innovative expeditionary DirectPowder™ unit, while expanding its alloy portfolio and customer base amid a $15 million capital raise.

BrainChip Holdings Ltd showcased its leadership in ultra-low-power edge AI technology, emphasizing strong partnerships and a growing product portfolio targeting high-growth sectors like defense and healthcare.

Ausgold Limited has completed a $35 million capital raising and acquired critical freehold land, resolving a long-standing legal dispute and enabling a re-optimisation of its Katanning Gold Project mine plan. This strategic move sets the stage for an extensive drilling campaign and advances the project toward a final investment decision in mid-2026.

DroneShield Limited reports a staggering 1,091% revenue increase in 3Q25, driven by booming military and civilian counter-drone demand and strategic expansion of manufacturing and AI-powered SaaS offerings.

Zip Co Limited has reported a near doubling in cash earnings for Q1 FY26, driven by robust transaction growth and improved operating leverage, particularly in the US market. The company also doubled its share buy-back program and raised its US transaction volume growth guidance.

DroneShield has promoted Angus Harris to Chief Technology Officer, reinforcing its leadership as it scales to meet rising global demand in defence markets. Meanwhile, Angus Bean shifts to Chief Product Officer to sharpen the company’s product strategy.

Mandrake Resources has identified two promising high-grade lithium brine zones within its Utah Lithium Project, enhancing the prospectivity of its 3.3Mt inferred resource. The discovery leverages advanced brine flow modelling and historical well data, setting the stage for cost-effective testing.