Latest Environmental Approval News

Grange Resources has approved a lower-capital underground development at Savage River, targeting a 43% project IRR and production continuity to at least 2035. The Sub-Level Cave plan is designed to be funded from existing cash and operating cashflow while preserving the option of a larger Block Cave mine.

Strata Minerals has established a maiden JORC 2012 resource of 42,000 ounces at its Zelica Gold Project in Western Australia, with 68% classified as Indicated. The resource provides a technical base for further drilling and development studies, but does not yet represent an Ore Reserve or confirmed mining operation.

Cobre has outlined a three-stage plan to lift Sierra Atacama’s copper cathode capacity from its existing configuration to 18,000 tonnes per annum, then 25,000 tonnes, with a larger 50,000-tonne case under consideration. The targets depend on refurbishment, permitting, further drilling and resource modelling.

Wildcat Resources ended September with A$76.1 million in cash after completing the first tranche of a A$60 million placement, giving it room to push Tabba Tabba towards its definitive feasibility study. Drilling also continued to expand Bolt Cutter Central ahead of a maiden resource targeted for Q4 2026.

An independent ERM review has identified 22 prospective targets at Daly Resources’ Batten Project, including 11 ranked Priority 1. Hot Spring remains the lead drilling target, while a newly interpreted 12-kilometre Berjaya Corridor has emerged as the project’s most intriguing regional opportunity.

Coda Minerals has moved Elizabeth Creek closer to a targeted first-quarter 2027 pre-feasibility study, backed by improved leach recoveries, drilling and fresh funding. But the copper developer remains loss-making, burned A$8.87 million in operating cash and will likely need further capital to progress beyond the study stage.

Carnarvon Energy is lining up Ara as the likely firm well in its 2027 Bedout campaign, backed by a contracted rig, environmental approvals progressing and A$97 million in cash. The prospect carries 191 million barrels of oil equivalent in gross unrisked prospective resources, but only a 37% geological chance of success and uncertain fluid type.

Ausgold advanced construction, permitting and drilling at its Katanning Gold Project during the September quarter, while its proposed A$776 million takeover by OceanaGold began to reshape the development timetable. The planned end-2026 resource update and final investment decision have both been deferred as shareholders prepare to vote on the scheme.

Capricorn Metals produced 31,218 ounces of gold in the September quarter, while its Karlawinda expansion was completed on schedule and within budget. The enlarged operation is now running at 6.5 million tonnes a year, although the next test is converting that capacity into consistent production and costs.

Unity Metals has extended its Camp stockwork gold discovery in Cambodia by 35 metres to the northeast, with a new hole returning 1 metre at 10.2 grams per tonne gold. The mineralisation remains open at depth and along strike, although a nearby southwest test returned no significant intersections.

Tasman Resources has swung to a $16.5 million FY2026 profit after booking a $19.48 million gain when Eden Innovations ceased to be controlled. The explorer also ended the year with $5.65 million in cash and no borrowings, but its next test is geological rather than accounting: drilling at Titan West and Parkinson Dam.

Cokal returned to coal sales at its BBM project during FY2026, but regulatory suspensions and weak cash generation pushed the company to a US$11.3 million loss and US$29.6 million of net liabilities. An auditor-highlighted material uncertainty over going concern remains, despite a post-year-end extension of major debt repayments.