Latest Operational Costs News

Anson Resources reports a significant 44% increase in lithium assay values at its Green River Lithium Project, driven by aquifer 'clean-up' during brine extraction. This improvement promises enhanced resource potential and cost efficiencies ahead of a planned JORC upgrade.

Australian Strategic Materials reports promising heap leach test results at its Dubbo Project, showing strong recoveries of key rare earth elements and enabling a simpler, phased development approach.

MTM Critical Metals and Meteoric Resources have signed a non-binding MOU to develop a breakthrough Flash Joule Heating process that upgrades rare earth elements from Meteoric’s Caldeira project, promising a faster, cleaner alternative to traditional refining.

James Bay Minerals has commissioned a scoping study to explore near-surface oxide gold development at its Independence Project in Nevada, targeting a low-capex open-pit heap leach operation. The project also holds a substantial high-grade skarn gold resource, hinting at significant future growth potential.

Volt Resources has completed a scoping study for its Alabama Graphite Refinery, revealing robust project economics and a patented purification process that could reshape US graphite supply chains.

Impact Minerals Limited has released a robust Preliminary Feasibility Study for its Lake Hope High Purity Alumina project, revealing strong economics and a maiden Ore Reserve. The company is advancing towards a Definitive Feasibility Study and pilot plant construction, positioning itself for low-cost, low-carbon HPA production.

Tamboran Resources has reported a record IP30 flow rate of 7.2 MMcf/d from its Shenandoah South 2H ST1 well, matching top US shale benchmarks and paving the way for a 40 MMcf/d pilot project by mid-2026.

Mount Burgess Mining has unveiled a strategic plan prioritizing operational sustainability, advancing its Kihabe–Nxuu polymetallic project in Botswana, and expanding its asset portfolio through acquisitions and partnerships.

Linius Technologies secures $3.3 million through share placement and convertible notes, appointing former AFL CEO Andrew Demetriou to its board as it accelerates commercial momentum under new leadership.

Gibb River Diamonds has successfully completed a heritage survey over the proposed open pit at its Neta Prospect, removing a key obstacle to mining development within the Edjudina Gold Project. The project moves closer to production with mining costs borne by a private contractor.

Lunnon Metals has completed a detailed Scoping Study for its Lady Herial gold deposit, confirming a short-life, high-grade open pit opportunity with strong financial prospects. The study, based largely on Measured and Indicated Resources, sets the stage for commercial negotiations with Gold Fields and potential near-term production.

Meridian Energy’s May 2025 report reveals rising hydro storage levels and a dip in national electricity demand, alongside mixed retail sales performance and lower generation prices.