Latest Engineering News

Locksley Resources has raised A$17 million in an oversubscribed placement led by U.S. institutional investors, accelerating its strategy to develop a domestic supply chain for antimony and rare earths in California.

Superior Resources is set to launch extensive drilling campaigns in early 2026 aimed at expanding gold resources at its Steam Engine Project and exploring high-grade copper prospects at Telegraph and Halls Reward.

Ardea Resources updates its Definitive Feasibility Study for the Kalgoorlie Nickel Project, confirming a streamlined processing approach and a new sale product that could enhance project economics and market reach.

Matrix Composites & Engineering has fully redeemed its $7.5 million convertible note, replacing it with a new term loan facility from NAB that offers improved terms and a streamlined debt structure.

Pathkey.AI Ltd has announced a pro rata non-renounceable rights issue to raise approximately $920,517, alongside a $2.5 million placement, aiming to fund enhancements to its AI platform and strategic expansion.

Superior Resources reports encouraging coarse-grind metallurgical test outcomes for its Steam Engine Gold Project, reinforcing previous studies and supporting ongoing development plans.

EV Resources is advancing its Los Lirios antimony project with drilling set to begin in January 2026 and engineering nearing completion for the Tecomatlán processing plant refurbishment, aiming for production by mid-2026.

BetMakers Technology Group has inked a pivotal five-year exclusive agreement with Betfair Australia to provide the full wagering technology stack for CrownBet's launch, marking a major milestone for its Apollo platform.

Global Lithium Resources has released a Definitive Feasibility Study for its Manna Lithium Project, confirming robust financials and a long mine life in Western Australia. The study sets the stage for a Final Investment Decision in 2026 amid improving lithium market conditions.

West Coast Silver and Artemis Resources have signed a non-binding MOU to assess processing Elizabeth Hill silver ore at Artemis’s Radio Hill plant, aiming to fast-track development while managing capital costs.

WestStar’s subsidiary SIMPEC has landed a $4.5 million contract to modify Fortescue’s Solomon Power Station, supporting the energy giant’s transition to renewables in the Pilbara.

Ryzon Materials has updated its prospectus to include a $3.5 million engineering contract with Yantai, alongside a detailed revision of its capital allocation for the Nachu Project. The changes reflect a strategic step in advancing its lithium-ion battery materials development.