Latest Heap Leaching News

Alliance Nickel has kicked off vat leach testing at its NiWest Nickel-Cobalt Project, aiming to slash capital costs, while raising $2.4 million through a partial entitlement offer and extending loan facilities to mid-2027.

Austral Resources has terminated its Anthill Project Agreement with Glencore and Secover, settling obligations with a $52 million mix of cash and shares. This move grants Austral full control over its copper output at Mt Kelly, boosting earnings and cash flow while maintaining funding through Rocklands’ mid-2027 restart.

Bannerman Energy advances Etango uranium project with early works on track and CNNC Overseas Limited investment nearing completion, targeting a positive Final Investment Decision in Q3 2026.

West Cobar Metals made progress on its Salazar scandium and Cobar West copper projects during the June quarter, while deciding not to proceed with its Baxter Fluorspar acquisition and securing $1.05 million in new funding.

Sun Silver has significantly expanded its Maverick Silver Project in Nevada by acquiring the Bayan Springs North Project and staking additional claims, consolidating a continuous 15-kilometre corridor with minimal prior drilling and a promising new exploration target.

Austral Gold has unveiled a comprehensive 14-year life-of-mine plan for its Guanaco Mine in Chile, underpinned by a US$192.1 million after-tax NPV and robust mineral reserves.

Norwest Minerals has revised its Bulgera Gold Project resource to 191,000 ounces with 76% in the Indicated category and reported strong metallurgical recoveries supporting heap leach development. The company launched a partly underwritten $1.89 million entitlement offer to fund ongoing studies.

TG Metals has struck a non-binding agreement with Medallion Metals to process 60,000 tonnes of gold-bearing stockpiles from Van Uden, unlocking a near-term revenue stream while advancing onsite heap leach development.

Ariana Resources reports steady progress at its Tavşan gold mine in Türkiye with ramp-up completed and operational enhancements ongoing, while moving to simplify its Turkish portfolio by planning a sale of its Kiziltepe interest.

Flagship Minerals has received full payment of US$4 million for its RK Lithium Project sale, advancing its strategic pivot towards gold and copper assets in Chile and Canada.

Pacgold's latest drilling at the Vertigo deposit uncovers strong shallow oxide gold mineralisation, accelerating plans to restart mining at White Dam. An updated resource estimate is due early Q3 2026.

Cyprium Metals is on the cusp of restarting copper cathode production at its Nifty Copper Complex, targeting the September quarter 2026 for first output as key infrastructure nears completion. Meanwhile, the company advances growth strategies including a potential SXEW plant capacity expansion and exploration of oxide ores.