Latest Feasibility Studies News

Theta Gold Mines has landed a US$35 million loan from South Africa’s Industrial Development Corporation, marking a key funding milestone for its TGME Underground Gold Mine Project.

Caravel Minerals has locked in a $15 million loan facility to fund the critical Definitive Feasibility Study for its flagship Caravel Copper Project, advancing the path to development without diluting shareholder equity.

Meeka Metals reports significant new shallow high-grade oxide gold drill results at Turnberry Central, extending the Stage 1 open pit and promising to boost production beyond initial plans.

Hot Chili Limited has released a robust Preliminary Feasibility Study for its Huasco Water project in Chile, outlining a multi-stage water supply network to support mining, agriculture, and communities in the water-stressed Huasco Valley. The project boasts strong financial metrics and key MOUs with major mining and industrial clients.

Emmerson Resources reveals a promising update on its White Devil gold project, confirming a major mine development opportunity with over 60% of its 611,400oz resource convertible to an open pit. The Scoping Study is on track for completion by early July 2025, setting the stage for a Pre-Feasibility Study.

Maronan Metals has significantly expanded its Maronan project resource, boosting the indicated silver-lead resource 2.5 times and reporting a maiden indicated copper-gold resource, setting the stage for advancing mine development.

Victory Metals Limited has launched a $3.75 million placement and options offer aimed at advancing its North Stanmore Heavy Rare Earth Elements project in Western Australia. The capital raise targets sophisticated investors and includes detailed risk disclosures.

Evolution Mining’s latest annual report reveals a robust portfolio with 30 million ounces of gold and 4.4 million tonnes of copper in resources, underpinning a 15-year average mine life despite challenges at Red Lake.

Centaurus Metals has reported significant high-grade copper intersections alongside extensive iron ore mineralisation at its Boi Novo Project in Brazil, underscoring the site’s growing potential. Ongoing drilling and metallurgical testing aim to unlock further value from this strategically located asset.

Saturn Metals has reported a significant increase in gold recovery rates from heap leach testing at its Apollo Hill Gold Project, surpassing previous estimates and global averages. This breakthrough suggests a more cost-effective and scalable path to production.

Brazilian Critical Minerals Ltd has raised A$4 million in an oversubscribed placement to accelerate development of its Ema Rare Earths Project in Brazil, advancing feasibility studies and environmental permitting.

Lithium Plus Minerals has identified significant high-grade beryllium mineralisation at its Northern Arunta Spotted Wonder Project, revealing promising polymetallic potential alongside lithium. This discovery positions the company at the forefront of critical minerals exploration in Australia.