Latest Financial Modelling News

Canyon Resources advances its Minim Martap Bauxite Project with trial mining underway and first ore shipment set for Q3 2026, while navigating executive departures and solidifying funding.

Delta Lithium has successfully produced battery-grade lithium carbonate and high-grade rubidium carbonate from mica concentrate at its Mt Ida project, confirming strong recovery rates and potential new revenue streams.

Manuka Resources has released an amended Pre-Feasibility Study for its Cobar Basin assets, revealing a significant uplift in project profitability and a detailed 10-year mine plan targeting production in Q2 2026.

Barton Gold Holdings has launched Phase 2 drilling at its Tunkillia Gold Project, aiming to upgrade resources and fast-track a mining lease application by year-end. The project’s strong economics and rising gold and silver prices underpin an optimistic development outlook.

African Gold Ltd has proposed a scheme of arrangement for Montage Gold Corp to acquire 100% of its shares, with an independent expert endorsing the deal as fair and reasonable. The African Gold board unanimously recommends shareholder approval, setting the stage for a significant consolidation in Côte d'Ivoire’s gold sector.

Astron Limited has released updated Mineral Resource and Ore Reserve estimates for its Donald Project, highlighting increased production forecasts for critical heavy rare earth elements. The project remains shovel ready, backed by comprehensive feasibility studies and regulatory approvals.

SkyCity Entertainment Group posted a solid half-year profit increase to NZD 12.1 million despite a slight revenue dip, bolstered by a major equity raise and a clean bill on its Adelaide casino licence.

Horizon Minerals unveils robust scoping study results for its Black Swan Project in WA, outlining a low-capital, high-return gold development targeting 102,000 ounces annually. The company launches a $175 million placement to fund construction and advance operations toward mid-2027 commissioning.

Malcolm Mines NL’s subsidiary has taken key steps towards establishing a 500,000 tonnes per annum gold processing facility at Leonora, signing critical agreements for technical and funding expertise.

Audalia Resources has announced a maiden Ore Reserve for its Medcalf Titanium-Vanadium-Iron Project, supported by a robust January 2026 Pre-Feasibility Study update that highlights strong economic returns and a 9-year mine life.

Pursuit Minerals has made significant strides in its Argentine lithium and gold ventures, progressing its Rio Grande Sur feasibility study and completing the Sascha Marcelina gold project acquisition. The company is poised to begin drilling and further technical work in early 2026.

Stavely Minerals has initiated an updated 2026 Scoping Study for its Stavely Project, reflecting significantly improved metal prices and exploration results that extend gold mineralisation across multiple prospects.