Latest Investment Decision News

Minerals 260 has secured $250 million from institutional and sophisticated investors to advance its 6.2Moz Bullabulling Gold Project, with Franco-Nevada committing $30 million as a cornerstone investor. An additional $30 million shareholder offer and project debt remain part of the funding plan before a targeted early 2027 investment decision.

Global Lithium’s Manna-Nova integration study nearly doubles the project’s post-tax NPV to A$945.7 million while cutting funded pre-production capital by 59%. The plan targets first direct shipping ore in May 2027 and spodumene concentrate production by mid-2027, but still depends on funding, approvals and a final investment decision.

Deep Yellow reported a A$13.3 million FY2026 profit and moved its Tumas uranium project closer to a targeted fourth-quarter investment decision. The company remains debt free, but acknowledges it will need external capital to fund construction.

Vicinity Centres has positioned portfolio premiumisation and development execution as the engine of future growth, but its Chadstone case study also shows how quickly valuation assumptions can alter project returns. The company highlighted a potential residential expansion at Chatswood Chase alongside strong occupancy, modest gearing and a large development pipeline.

Tungsten Mining has produced saleable tungsten concentrate grading up to 65.9% WO3 from its Watershed project in Queensland, confirming the conventional processing route planned for its DFS. Marketing samples have now been sent to potential offtakers, although no binding agreements have been signed.

Latrobe Magnesium is shifting its growth priority to a proposed 50 ktpa magnesium plant in South Carolina, backed by 32 ktpa of non-binding customer interest and a 20-year feedstock agreement. The project carries substantial indicative economics, but still needs funding, site acquisition, feasibility work, permits and binding offtake contracts.

Silex Systems’ 51%-owned Global Laser Enrichment has secured Cameco as the exclusive buyer for all future production from its planned Kentucky uranium enrichment facility. The deal strengthens the project’s commercial case, but construction, licensing and a final investment decision remain outstanding.

Pan African Resources has completed a definitive feasibility study for a ZAR3.68 billion Soweto tailings project with a projected 29.55% real ungeared IRR. The proposed operation could add up to 40,000 ounces of annual gold production, but financing, permits and board approval remain ahead of a targeted December 2026 investment decision.

BMC Minerals has moved the Kudz Ze Kayah project through a key regulatory gateway and reported high-grade drilling beyond the current reserve, but its first full year as an ASX-listed company also exposed the funding challenge ahead. The Canadian developer ended FY2026 with US$50.3 million in cash, no revenue and an auditor-highlighted material uncertainty over going concern.

NuEnergy Gas has removed an OGIP and resource-density chart from its investor presentation and warned investors not to rely on the retracted information. The amended document also corrects a resource classification and adds cautionary language around undiscovered and undeveloped gas resources.

Tivan has secured the regulatory and cultural heritage clearances needed to advance an 8,000-metre drilling campaign at its Molyhil tungsten project in the Northern Territory. The company will also issue 3.84 million shares as part-payment for the project acquisition, while its feasibility and proposed funding plans remain unfinished.

Bannerman Energy has completed a fully underwritten A$124 million institutional placement, giving the Etango uranium project a funding pathway through construction and ramp-up. The company now turns to a targeted Q4 2026 Final Investment Decision, while a further non-underwritten shareholder offer could raise up to A$10 million.