Latest Mine Planning News

McLaren Minerals has moved its flagship McLaren Titanium Project into bankable feasibility, backed by a 529 million tonne resource and a 663-hole drilling campaign. But the pre-revenue explorer remains reliant on further funding, with the Barossa acquisition still conditional and 118.4 million options issued after year-end.

Novo Resources is positioning a A$8 million cash balance and A$37.54 million investment portfolio behind a broad Australian gold, copper and polymetallic exploration push. The strategy brings several drilling catalysts, but also a A$10 million deferred payment due in December and a heavy reliance on future exploration success.

Antipa Minerals has selected a preferred processing and mine development configuration for its Minyari Dome project, combining gold doré with a separate copper concentrate. The decision advances the study, but pushes the pre-feasibility study release into November 2026 while costs and project economics are finalised.

Zeotech Limited (ASX:ZEO) is moving Toondoon toward its first direct-shipping kaolin export after securing a potential A$200 million offtake agreement, while AusPozz™ and zeoteCH₄® produce encouraging trial results. The progress came alongside an A$8.15 million FY26 loss, negative operating cash flow and an acknowledgement that further funding may be required.

Fortuna Metals has reported a sharply expanded exploration base at its Mkanda rutile and graphite project in Malawi, alongside a narrower FY2026 loss and A$8.6 million of post-year-end funding. The resource remains early-stage and inferred, but the scale and product quality have moved the project into a more consequential development phase.

OzAurum Resources has shifted Mulgabbie North from feasibility work into early construction, backed by encouraging laboratory heap leach results and a $4.10 million placement. But the company remains loss-making, cash-burning and dependent on further funding, with its auditor flagging a material uncertainty over going concern.

Wildcat Resources has secured firm commitments for a A$60 million institutional placement to push Tabba Tabba into engineering, site establishment and construction readiness ahead of a definitive feasibility study targeted for later in 2026. The raise strengthens funding, but part of the share issue still requires shareholder approval and the financing does not establish a final investment decision.

American Rare Earths has reported broad, near-surface rare earth mineralisation from the first six holes of its 2026 feasibility drilling program in Wyoming. The results are encouraging for geological continuity, but they cover only part of the program and do not yet represent a new resource estimate.

Iltani Resources has reported some of its strongest Orient West drilling results, including a 2-metre intercept grading 2,561 g/t silver equivalent. The company says the latest 16 holes support continuity and could underpin an expanded Mineral Resource later this year.

VHM's refreshed feasibility study projects an A$807 million pre-tax NPV for its Goschen rare earths and mineral sands project, with approvals and major procurement work substantially advanced. The project still needs financing, lender due diligence and a Final Investment Decision before construction can begin.

Sunshine Metals has upgraded the economics of its Liontown project, forecasting A$179.8 million in net operating cashflow after capital over a 66-month mine life. The study points to mid-2027 mining, but depends on approvals, Mt Moss commissioning and a preliminary plan carrying a plus or minus 30% accuracy range.

Bellevue Gold will spend A$25-30 million on FY27 exploration after its Mineral Resource and Ore Reserve declined year on year, while a slower Barminco ramp-up is expected to cut September-quarter production by 3,000-4,000 ounces. High-grade Deacon North drilling and deeper targets offer a possible longer-term counterweight.