Latest Feasibility Studies News

Medallion Metals has amended terms to acquire 100% of Forrestania Nickel Operation assets, while progressing strong drilling results and financing discussions at Ravensthorpe Gold Project, positioning for a Final Investment Decision in late 2025.

Peel Mining Limited has completed key drilling and commenced metallurgical testing at Wagga Tank, while advancing exploration and joint venture activities at Curnamona, maintaining a solid cash position of $1.4 million.

Sovereign Metals has marked significant progress at its Kasiya Rutile-Graphite Project in Malawi, completing key geotechnical studies and securing a power supply framework. New US tariffs on Chinese graphite elevate Kasiya’s strategic importance as a low-cost alternative.

Juno Minerals has agreed to sell its Mount Mason DSO Hematite Project for A$6 million cash plus a 2% royalty, while maintaining focus on its flagship Mount Ida Magnetite Project. The transaction strengthens Juno’s cash position and sets the stage for renewed development efforts.

Ballard Mining has kicked off an extensive drilling campaign at its Mt Ida Gold Project, confirming high-grade gold resources at the Baldock deposit and advancing exploration across multiple high-priority targets.

Black Rock Mining advances its Mahenge Graphite Project with key power infrastructure agreements, a $25 million funding increase, and benefits from new US tariffs on Chinese graphite imports.

Wildcat Resources reports robust final metallurgical assay results from its Tabba Tabba project, revealing significant lithium mineralisation that could enhance project economics and resource confidence.

Horizon Minerals reported steady gold output from Boorara and Phillips Find projects, generating nearly A$39 million in revenue for the June quarter, while progressing a major plant conversion study and securing $30 million in new funding.

NH3 Clean Energy has made significant strides in its flagship WAH2 low-emission ammonia project, signing pivotal agreements on carbon capture and ammonia bunkering while strengthening its financial position.

Globe Metals & Mining has made significant strides in its Malawi-based Kanyika Niobium Project, adopting an Early Contractor Involvement model to optimize engineering and reduce costs, alongside key leadership changes and a strengthened cash position.

European Metals Holdings has received a $36 million EU grant to support its Cinovec Lithium Project in the Czech Republic, while progressing its Definitive Feasibility Study and environmental permitting.

Caravel Minerals has secured a $15 million non-dilutive loan facility to fund the Definitive Feasibility Study for its Caravel Copper Project, alongside finalising a simplified process flowsheet and initiating key engineering tenders.