Latest Groundwater News

Orbminco has completed all on-ground work at its Majestic North gold project in Western Australia and redesigned the first mining stage around three shallow pits. The project still depends on ore sale terms, financing, approvals and a Final Investment Decision before development can proceed.

Axel REE has secured a State environmental licensing exemption and three-year water-use registration for its planned Woolrich in situ recovery field programme in Minas Gerais. The clearances allow testing to move from the laboratory into the field, although commercial production and project economics remain unestablished.

Lefroy Exploration is folding Burns Central into its Mt Martin Scoping Study, bringing two gold deposits into a single assessment of shared processing, infrastructure and development sequencing. The study is nearing completion, but Lucky Strike’s potential restart remains dependent on approvals and dewatering works.

Northern Star says commissioning at the expanded KCGM plant remains uneven, with October output below plan and production tracking towards the lower end of guidance. November performance has stabilised so far, while the Hemi project has cleared its primary environmental approvals.

Pursuit Minerals has increased Rio Grande Sur’s probable ore reserve by about 250% to 438,000 tonnes of lithium carbonate equivalent and outlined a staged path to 17,500 tonnes per year. The headline economics are substantial, but depend on a lithium price assumption almost twice the cited spot market and financing that has not yet been secured.

Critical Minerals Group has begun the first drilling campaign for its Lindfield vanadium project DFS, after securing the full PFS mine-plan area. But with A$246,000 in cash at 30 September and just 0.3 quarters of funding on the reported burn rate, the study’s next phase remains dependent on fresh capital.

Rumble Resources has strengthened the development case for Western Queen with an underground-optimised resource, a projected A$133 million in free cash flow and a potential tungsten revenue stream. High-grade gold-copper drilling at Munarra Gully adds exploration momentum, but financing, approvals and feasibility work remain ahead.

Titanium Sands has completed the environmental fieldwork and technical studies needed to submit its Mannar Heavy Mineral Project assessment in Sri Lanka. But the ASX-listed explorer ended September with just $61,000 in cash, a fully drawn $1.8 million loan facility and estimated funding for only 0.21 quarters.

Caravel Minerals has completed the mining component of its Caravel Copper Project feasibility study, but the full DFS has slipped into the fourth quarter of 2026. The company is also reviewing process plant costs while holding $16.8 million in cash and reporting an estimated 4.6 quarters of funding at the quarter’s outflow rate.

Noble Helium has completed the groundwork for its Kinambo drilling campaign in Tanzania, but the program remains paused after wireline contractor SLB was delayed on another project. The company ended September with A$3.905 million in cash, equivalent to an estimated 1.61 quarters of funding at current outgoings, while expanding into Western Australia through the completed Earth Source Hydrogen acquisition.

PTR Minerals has identified potential 15-17% heavy mineral zones for early mining at Rosewood, while testing suggests a high-quality leucoxene product may be produced without dry separation. The project also cleared key water, customer and study milestones, although the work remains preliminary and includes Inferred Resources.

Dalaroo Metals has expanded its Bondoukou campaign to a fully funded 12,000 metres after early Wilfred assays included 18 metres at 7.31 g/t gold. The September quarter also delivered four new Greenland prospects, stronger Watheroo copper-nickel targets and an A$2.5 million capital raising.