Latest Investment Decisions News

Anax Metals is set to release an updated feasibility study for its Whim Creek project, reflecting soaring commodity prices and progressing funding talks to push the project into development.

Resolute Mining has been granted a 14-year mining permit for its Doropo Gold Project in Côte d’Ivoire, clearing the way for construction to start in mid-2026 and supporting its ambition to surpass 500,000 ounces of gold production annually by 2028.

Prairie Lithium has retracted its previous production target citing compliance issues, while announcing a binding offtake agreement with South Korea’s Hydro Lithium for its Phase 1 lithium output. This move signals a strategic shift towards selling intermediate lithium products to reduce costs and accelerate market entry.

Australian Critical Minerals Ltd has updated its Flint Gold-Silver Project presentation, confirming drill readiness with permits and funding secured for an initial diamond drilling program in Peru’s prolific epithermal belt.

Evolution Trustees has appointed LDR Capital as the new manager of Elanor Commercial Property Fund following the termination of previous management agreements with Elanor Asset Services.

Worley Limited has been awarded a reimbursable EPC contract for Phase 2 of the CP2 Project, reinforcing its role in a strategically vital global energy infrastructure initiative.

Aura Energy has successfully raised A$20 million through a heavily oversubscribed placement, aiming to accelerate development at its Tiris Uranium Project amid rising global uranium demand.

Brightstar Resources has successfully raised $180 million through a $175 million institutional placement and a $5 million share purchase plan, fully funding its Goldfields development and advancing the Sandstone project towards a final investment decision.

Hawsons Iron Limited has secured $2.2 million through a discounted share placement, accompanied by free attaching options, to advance key studies and optimisations for its iron project in New South Wales.

Aura Energy advances its Tiris Uranium Project in Mauritania and secures strategic investment for its Häggån Polymetallic Project in Sweden following the lifting of Sweden’s uranium mining ban.

Brightstar Resources has completed its strategic acquisition of Aurumin Limited, consolidating its Sandstone gold assets and boosting production by 12% in the December quarter. The company also advanced key feasibility studies, underpinning a promising growth trajectory.

Heavy Minerals Limited has finalized a binding agreement with Hillgrove Resources to extract garnet from tailings, while advancing its Port Gregory project and targeting substantial capital raising.