Latest Hydro Power News

FireFly Metals has announced a significant upgrade to its Green Bay Copper-Gold Project resource, alongside a A$139.5 million equity raise to fund ongoing drilling and development. The company is poised for rapid growth in a tier-one mining jurisdiction with strong infrastructure and exploration upside.

Minbos Resources is advancing its Cabinda Phosphate and Capanda Green Ammonia projects with secured financing and construction underway, targeting first shipments in the first half of 2026. Strategic partnerships and government support underpin its ambitious plans to boost Angola’s agricultural and export sectors.

FireFly Metals has announced a substantial upgrade to its Green Bay Copper-Gold Project resource, reinforcing its position as a rising mid-tier producer with robust infrastructure and strong funding.

Tolu Minerals has secured a $60.5 million capital raise and appointed Dr Chris Muller as CEO, setting the stage for a production restart at Tolukuma Gold Mine in the second half of 2026 alongside a major drilling program.

Turaco Gold has updated its Afema Project Mineral Resource Estimate, increasing gold resources to over 4 million ounces with new deposits and ongoing drilling promising further growth.

Cygnus Metals reports compelling drill results at its Chibougamau Copper-Gold Project, including a standout high-grade gold interval at Cedar Bay that extends mineralisation well beyond current resource boundaries.

Lotus Resources has marked a major milestone with first yellowcake production at its Kayelekera uranium mine in Malawi, progressing steadily towards full production in early 2026 while advancing its Letlhakane project in Botswana.

Black Rock Mining has officially launched the Early Works phase at its Mahenge Graphite Project in Tanzania, marking a key milestone supported by strong partnerships and infrastructure plans.

Black Rock Mining has secured A$10 million through an equity placement to initiate early construction activities at its Mahenge Graphite Project in Tanzania, marking a pivotal step towards full project development.

Tolu Minerals Limited reported a $6.7 million loss for the half-year to June 2025, doubling last year’s deficit as it invests heavily in refurbishing the Tolukuma Gold Mine and expanding exploration. A recent $27.25 million capital raise aims to fund these ambitious development plans.

Metals Australia Ltd reports key milestones in its Lac Carheil Graphite Project, achieving battery-grade spherical graphite purity and selecting Sept-Îles as the preferred site for its Battery Anode Material plant.

Metals Australia reports a 595% surge in graphitic carbon intervals at its Lac Carheil project, advances critical infrastructure funding applications, and initiates copper-gold drilling at Warrego East.