Latest Operating Costs News

PMET Resources has identified a promising pathway to refine spodumene concentrate into battery-grade lithium carbonate directly at its Shaakichiuwaanaan site in Quebec, using Primero’s ALi® atmospheric leach process. Bench-scale tests produced 99.8% pure lithium carbonate, suggesting potential logistics and carbon footprint advantages.

Monash IVF lowers its FY26 underlying NPAT guidance to $17-18 million, citing a 4.7% drop in Australian stimulated IVF cycles. Despite this, the company has expanded its national market share to 20.1% and seen international volume growth.

Killi Resources has agreed to acquire an 80% interest in the Lodestone Iron Ore Project, boasting a 110Mt inferred resource with premium 69% Fe concentrate, backed by a $15 million capital raise.

Meteoric Resources has reported exceptional pilot plant performance at its Caldeira Rare Earth Project in Brazil, achieving magnet rare earth oxide recoveries of 80% in May and exceeding pre-feasibility study targets.

Freedom Bidco, Inc. has launched a non-binding cash proposal to acquire all Strata shares at A$0.16 each, matching the last traded price before suspension and offering shareholders a rare liquidity event ahead of Strata's expected ASX delisting.

Viking Mines has achieved a significant metallurgical breakthrough at its Linka Tungsten Project, boosting recovery to 76.0% with a 56.9% WO3 concentrate grade, surpassing previous targets and reinforcing a low-capex processing approach ahead of maiden drilling.

Ark Mines has produced high-grade monazite and titanium dioxide products from its Sandy Mitchell heavy mineral concentrate, marking a key step toward commercialising its North Queensland rare earths project.

IperionX’s Titan Definitive Feasibility Study outlines a shovel-ready Tennessee project targeting heavy rare earths, titanium, zirconium, and hafnium with robust economics and strategic US supply chain implications.

Novo Resources has delivered a maiden inferred resource estimate for the Leven Star Reef within its Belltopper Gold Project, outlining 87,000 ounces of contained gold and setting the stage for further exploration and resource expansion.

Viking Mines reports up to 1.1% WO3 in Linka stockpile samples, advancing processing and drilling plans amid strong tungsten prices.

Lindian Resources has cancelled 13 million performance rights held by a former executive chairman, sparking uncertainty as a potential $10 million claim looms.

Mont Royal Resources has unveiled an updated Preliminary Economic Assessment for its Ashram Rare Earths Project, confirming robust economics and a long mine life with strategic importance for Western critical minerals supply chains.