Latest Investment Decision News

Fortuna Metals has commissioned its own laboratory in Malawi, accelerating sample processing and cutting assay costs as it nears a maiden resource estimate for its Mkanda rutile and graphite project.

International Graphite Ltd (ASX:IG6) has partnered with Alkeemia S.p.A. to establish a graphite processing facility in Italy, aiming for first production in the second half of 2027 and a final investment decision by Q3 2026.

Iron Bear Resources (ASX:IBR) has detailed progress on its Canadian Iron Bear Project, highlighting a robust scoping study, a major joint venture with Vale, and strategic advantages in a growing direct reduction pellet market.

St George Mining has raised A$60 million through a two-tranche placement led by major shareholder Hancock Prospecting to accelerate development of its high-grade Araxá rare earths and niobium project in Brazil.

Hillgrove Resources has delivered consistent high-grade copper-gold drill results from its Emily Star underground project, underpinning a pivotal Stage 2 investment decision later this year.

Kingston Resources is embarking on a 25,000m drilling campaign at its Mineral Hill polymetallic mine, aiming to extend mine life and boost production with a plant expansion from 350ktpa to 700ktpa.

Centaurus Metals’ Jaguar Nickel Sulphide Project in Brazil gains substantial Pará State tax incentives, including full exemptions and reductions on key operational costs, enhancing the project’s economic outlook ahead of a planned investment decision.

ABx Group and Good Importing International are progressing their bauxite projects in Queensland and New South Wales, with environmental approvals on track and significant investments underway.

Recharge Metals has completed soil sampling and a detailed gravity survey at its underexplored Sunset Well Gold Project in WA, setting the stage for a major drilling campaign targeting the 94,500 oz Prospero Deposit. The company also expanded its footprint with four new regional projects, supported by a $6 million cash position.

Minerals 260 has kicked off early construction at its 4.5Moz Bullabulling Gold Project, aiming for plant construction in early 2027 and first gold output by late 2028. Key initiatives include a $59.1 million village contract, water infrastructure development, and extensive grade control drilling.

Caravel Minerals secures an additional $15 million royalty funding from Regal Resources, doubling the funder's investment to $30 million and extending an existing loan facility to 2028.

Woodside Energy has exercised its pre-emption right to acquire PetroChina's 10.67% interest in the Browse Joint Venture, increasing its stake to 41.27%. The deal includes a $225 million upfront payment and a $175 million contingent payment tied to a final investment decision by 2032.