Latest Operating Costs News

Legacy Minerals is progressing an optimised scoping study at its Mt Carrington project, leveraging a 39% increase in resource tonnes and a 69% jump in indicated resources. Results are expected in December 2026, aiming to assess the economics of a larger-scale operation.

Impact Minerals’ 50%-owned Alluminous project reveals a strong financial case for a staged US high purity alumina plant, projecting a post-tax NPV₈ of A$518 million and a 42.3% IRR under a modular development approach.

X2M Connect's latest capital raise attracted three times the targeted funds, underscoring strong investor confidence as it scales its data centre pipeline beyond 200MW with a $250 million binding contract.

Tungsten Mining NL’s Pre-Feasibility Study confirms Mt Mulgine as a world-scale tungsten project, targeting first production in mid-2029 with robust economics and low operating costs.

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.

Lithium Universe’s Pre-Feasibility Study for its Brownsville Lithium Carbonate Refinery reveals robust economics and strategic US positioning, aiming to close North America’s lithium conversion gap.

Polymetals Resources has boosted the Endeavor Mine’s Mineral Resource to 20.7 million tonnes, adding 1.3 Mt of high-grade sulphide mineralisation in the Upper Main Lode despite ongoing depletion and a more conservative density model.

Thrive Tribe Technologies (ASX:1TT) has landed a three-year exclusive distribution agreement with Canadian NATO-registered defence contractor Effective Acceleration Ventures (EAV) to roll out its WooBoard and REFFIND platforms across NATO military forces.

Elevra Lithium's Pre-Feasibility Study for the North American Lithium (NAL) brownfield expansion in Québec outlines a staged growth plan nearly doubling spodumene concentrate production to 373 ktpa by 2029, reducing unit costs and delivering a post-tax NPV of C$3.2 billion.

Lunnon Metals has wrapped up mining at Lady Herial ahead of schedule, producing gold volumes and financial outcomes closely matching its January 2026 Feasibility Study, generating approximately $39 million pre-tax free cash flow.

Codrus Minerals Limited posted a $1.41 million loss for FY26 as it confirmed gold and molybdenum mineralisation at Bull Run, rationalised its portfolio, and secured a binding acquisition of EdgeMet with a $2.5 million capital raise underway.

Anson Resources has locked in a substantial $194 million business incentive from the Utah Inland Port Authority to support its Green River Lithium Project, underpinning the financing of its planned 10,000tpa lithium carbonate plant.