Latest Equipment Procurement News

Invictus Energy has secured critical contracts and initiated rig mobilisation as it prepares to drill the high-impact Musuma-1 exploration well in Zimbabwe's Cabora Bassa Basin in H2 2026.

TG Metals is progressing a scoping study for a heap leach operation at Van Uden, highlighting a higher grade initial production phase and strong metallurgical recoveries that could underpin near-term gold output.

Firebird Metals secures independent international validation confirming its manganese sulphate surpasses 99.99% purity, well beyond Chinese industry benchmarks, reinforcing its proprietary processing edge and advancing its Australian Demonstration Plant.

International Graphite Limited has secured a construction contract for its Collie Micronising Facility, keeping the project on track for a mid-2027 completion and within budget.

Elevra Lithium has commenced construction on its North American Lithium expansion, backed by a recent capital raise that fully funds the project. The expansion aims to boost spodumene concentrate output by up to 20% and reduce operating costs by mid-2027.

Tungsten Mining NL's Watershed Preliminary Economic Evaluation reveals a robust project with a pre-tax NPV of A$1.3 billion and a swift payback, aiming for first production by 2027 amid tightening global tungsten supply.

Firebird Metals has placed all critical equipment orders for its Perth-based Australian Demonstration Plant, triggering the first ARENA grant payment and setting the stage for a pivotal 90-day fabrication phase. The project remains on track for early Q4 2026 equipment delivery, with imminent lithium manganese rich cathode results expected from its China pilot plant.

Australian Oil Company Limited (ASX: AOK) has completed a second crude oil lifting from its Emu Apple Oil Field and identified fresh exploration anomalies in the Surat Basin, while progressing development plans and commercial negotiations for its Riverslea and Major Gas Fields.

Aurum Resources has unveiled a robust Pre-Feasibility Study for its Boundiali Gold Project in Côte d'Ivoire, declaring a maiden Probable Ore Reserve of 1.21 million ounces and targeting first gold production in early 2028.

Medallion Metals has completed front-end engineering for the Cosmic Boy Concentrator refurbishment and secured a $7.6 million early works contract, keeping commissioning on track for Q2 2027.

Theta Gold Mines has locked in a fully subscribed US$90 million senior secured bond to complete the TGME Gold Mine Project in South Africa, targeting first gold production in early 2027.

1414 Degrees has initiated the scale-up of its SiNTL silicon anode production, moving beyond lab-scale to manufacturer-relevant volumes. This step unlocks formal third-party evaluations and OEM engagement, with full-stack battery development targeting drones, UAVs, and satellites underway.