Latest Operational Costs News

Brazilian Rare Earths Limited (BRE) is demerging its Amargosa Bauxite-Gallium Project into Alurion Resources, with eligible shareholders receiving in-specie shares and access to a $30-50 million IPO.

InFocus Group Holdings is streamlining its software development operations by divesting Prodigy9 and consolidating under Onify, aiming for immediate cost savings and a leaner, AI-native delivery model.

Aldoro Resources has achieved a major metallurgical milestone at its Kameelburg project, with direct acid leach tests recovering up to 72% of rare earth elements and over 99% of strontium without prior beneficiation, suggesting a potentially lower-cost development pathway.

Burley Minerals is set to commence a heritage survey ahead of a major reverse circulation drilling campaign targeting over 290 hectares of Channel Iron Deposit at Cane Bore, aiming to define a significant inferred iron ore resource in Western Australia’s Pilbara region.

IperionX’s Definitive Feasibility Study for its Titan Project in Tennessee reveals a robust 14-year mine plan producing critical heavy rare earths, titanium minerals, and zircon with strong financial returns and US government backing.

Verity Resources has achieved outstanding gold recoveries of nearly 97% at its Waihi deposit, reinforcing confidence in a conventional processing approach for the Monument Gold Project and complementing previous Korong results.

Propel Funeral Partners has inked deals for three New Zealand funeral service providers, adding nearly $4 million in revenue and projecting modest growth for FY26 despite currency headwinds.

Helix Resources has boosted the inferred Mineral Resource at its Gold Basin project in Arizona to 280,000 ounces of gold, underpinning its farm-in strategy and advancing development prospects.

Lithium Universe (ASX: LU7) has launched a detailed development program to commercialise a novel hydrometallurgical process for extracting gold and copper from electronic waste, aiming to disrupt traditional smelting with a more sustainable, low-energy method.

High-Tech Metals has reported exceptional metallurgical test results from its Wagtail Gold Deposit at Mt Fisher, confirming high gold recoveries and processing flexibility that could lower costs and boost throughput.

EQ Resources has secured board approval for a A$39 million expansion at its Mt Carbine tungsten mine, aiming to double crushing capacity and boost annual production by 500 tonnes amid strong tungsten prices.

Pioneer Minerals has reopened the historic Springfield Mine Road, enabling vehicle access to its North Pine Project in Idaho and slashing exploration costs. This milestone sets the stage for accelerated fieldwork targeting tungsten, gold, and gallium.