Latest Feasibility Study News

Ardea Resources reports robust progress on its Kalgoorlie Nickel Project – Goongarrie Hub, highlighted by significant drilling outcomes, major engineering contracts awarded, and a $98.5 million DFS funding commitment from a Japanese consortium.

Gorilla Gold has exercised its option to acquire the remaining 49% stake in the Comet Vale Project, increasing its ownership to 100% and positioning itself to capitalise on recent high-grade discoveries.

Altamin Limited reports steady progress on its Lazio and Gorno projects, with positive testwork confirming the feasibility of sulphate of potash, lithium carbonate, and boron recovery from geothermal brines. The company moves closer to pre-feasibility studies and environmental approvals amid a tight cash position.

AKORA Resources has successfully renewed its main tenement PR10430 for the Bekisopa Iron Ore Project, marking a pivotal step under Madagascar’s updated Mining Code and reinforcing the project’s path to production.

Jindalee Lithium’s McDermitt Lithium Project has been designated a FAST-41 Transparency Project, enhancing federal permitting visibility and coordination to accelerate development in the US critical minerals sector.

Traka Resources has strategically entered Guinea’s prolific Siguiri Basin by securing a 75% earn-in joint venture in the Didi Gold Project, which hosts confirmed high-grade gold mineralisation. The company plans an aggressive multi-stage exploration program backed by an experienced local team.

Deep Yellow Limited has deferred the Final Investment Decision for its flagship Tumas uranium project due to current uranium prices, while continuing detailed engineering and early works. The company remains confident in the project's robust economics and is progressing financing and development at its Mulga Rock project.

Lindian Resources has reported an unlawful trespass at its Kangankunde Rare Earths Project in Malawi involving unauthorized foreign nationals, highlighting the project's geopolitical sensitivity and the company's commitment to security.

Magnetic Resources NL has significantly increased the Lady Julie North 4 gold deposit resource to 1.55 million ounces, supported by ongoing high-grade drilling and exceptional metallurgical recoveries of up to 97.5%. Feasibility studies for combined open pit and underground mining are advancing, targeting 150,000 ounces per annum over eight years.

Sheffield Resources delivered a standout quarter with record mineral sands shipments and positive operating cashflow from its Thunderbird Mine joint venture, setting the stage for a significant production increase by 2027.

De Grey Mining Ltd proposes a scheme of arrangement for acquisition by Northern Star Resources Ltd, offering a 37.1% premium and resulting in a 20% stake for De Grey shareholders in the merged group. The scheme booklet, including an Independent Expert's Report by KPMG, concludes the scheme is fair and reasonable and in the best interests of De Grey shareholders, subject to no superior proposal.

Iluka Resources has released its inaugural Mineral Resource estimate for the Goschen South deposit in Victoria, revealing a substantial 630 million tonnes grading 3.7% heavy minerals. This discovery positions Iluka to significantly enhance feedstock supply for its pioneering rare earth refinery at Eneabba.