Latest Feasibility Studies News

Champion Iron Limited reported robust financial results for the nine months ended December 31, 2024, alongside a strategic partnership to develop its Kami Project with Nippon Steel and Sojitz.

Champion Iron reports solid operational progress with 3.6 million wmt production and key partnerships, despite a sharp net income decline in Q3 FY2025.

Magnetite Mines Limited has made significant strides in advancing its Razorback Iron Ore Project, securing a $7 million funding facility and progressing strategic partnerships with JFE Shoji Australia. The company is also preparing to submit its Mining Lease Proposal to the South Australian Government amid a streamlined board and cost-cutting measures.

Patagonia Lithium Limited reports a maiden mineral resource estimate of 717,000 tonnes of lithium metal equivalent and advances exploration in Argentina and Brazil, while navigating critical funding negotiations to support its 2025 growth plans.

Sovereign Metals has delivered an Optimised Prefeasibility Study reaffirming Kasiya’s status as a globally significant rutile and graphite project, alongside advancing rehabilitation efforts and positive graphite test results.

Castle Minerals Limited reports promising drilling results at its Wa Gold Project and secures a transformative $3 million investment from Ghana's Minerals Income Investment Fund for its Kambale Graphite Project.

Predictive Discovery Limited has reported significant progress at its Bankan Gold Project in Guinea, highlighted by strong high-grade drilling results and the crucial environmental compliance certification that paves the way for mining licence application.

VRX Silica Limited has achieved a major milestone with the EPA recommending approval for its Arrowsmith North Silica Sand Project, alongside securing $5 million in capital and expanding offtake agreements.

Spartan Resources has launched an ambitious 85,000-metre drilling program at its Dalgaranga Gold Project, aiming to expand and upgrade its high-grade gold resources. Early results from late 2024 drilling show promising extensions beyond current estimates.

Cyclone Metals has forged a strategic partnership with Vale S.A. to fund and develop its Iron Bear iron ore project in Canada, marking a major step towards mining decision. The company also completed pilot production of high-grade direct reduction pellets, underscoring the project's technical promise.

Legacy Iron Ore Limited reports robust progress in its December 2024 quarter, highlighted by significant gold intersections at Mount Celia and advancing feasibility studies at Mount Bevan magnetite project.

Bannerman Energy reported a substantial $14.17 million cash outflow in its December quarter, driven by aggressive exploration and evaluation investments, leaving the company with $81.1 million in cash reserves.