Latest Investment Decision News

Revolver Resources says it knows of no undisclosed information behind a sharp rise in its shares and trading volume. The company pointed only to ongoing work at the Dianne Copper Mine and progress towards a positive Final Investment Decision.

Iondrive Limited’s updated evaluation of its IONSolv™ technology projects a US$243 million post-tax NPV and US$62 million annual EBITDA for a single rare earth recovery module in the US, driven by high feedstock grade assumptions and independently validated recoveries.

Viridis Mining has placed its first major equipment order for the Colossus Rare Earth Project, securing critical-path pressure filtration technology that underpins its 2028 production target.

Fitzroy River Corporation reported a modest loss for FY26, with a key highlight being a $12.27 million disputed payment from Endura Mining related to its Snowy River Gold Project royalty. The company has initiated court proceedings in New Zealand to clarify the validity of this buyout option while exploring potential sale of its Bowdens Silver royalty.

VHM Limited has clinched the last major regulatory hurdle for its Goschen Project with Planning Scheme Amendment approval, setting the stage for project financing and execution.

Tartana Minerals has initiated a comprehensive operational and strategic review following a board leadership change, aiming to unlock value from its extensive base and precious metals assets. Drilling is set to resume at the Nightflower silver project in October, while an independent review of the Copper Sulphate plant is underway amid minimal production in 2026.

Brightstar Resources has secured over A$380 million in funding to fully finance its Goldfields Project, commencing construction of a 1.5Mtpa Laverton processing plant with first gold targeted mid-2027, while expanding its Sandstone resource base to 2.9Moz.

Maronan Metals has marked a transformative year with a positive Preliminary Economic Assessment, grant of a key Mineral Development Licence, and two capital raises totaling nearly A$40 million, positioning the company for accelerated development of its Queensland silver-lead and copper-gold project.

True North Copper is expanding its Mt Oxide copper district with the Aquila-Chidna discovery now stretching over 2.3km, while progressing a prefeasibility study at Cloncurry due late 2026.

Vanadium Resources (ASX: VR8) has locked in a right of first refusal and exclusivity option over a prime brownfield site in South Africa’s Highveld Industrial Park for its planned V-Iron Plant, reinforcing its path towards feasibility and financing.

TMK Energy’s Gurvantes XXXV Pilot Well Project saw a 4% increase in average daily gas production in August 2026, reaching approximately 28,600 scfd. The company has signed a drilling contract with Major Drilling to kick off a 2026 drilling and well re-completion campaign, while its Gas to Power Project nears operational readiness.

Anax Metals is upgrading its Whim Creek Heap Leach Scoping Study to a Feasibility Study, aiming to unlock additional value from low-grade copper and zinc ores alongside its strong concentrator project.