Latest Operational Costs News

Develop Global Limited (ASX:DVP) has reached steady-state production at its Woodlawn copper mine in NSW, surpassing its nameplate capacity and delivering significant quarterly gains in mining and processing volumes.

Lefroy Exploration Limited (ASX: LEX) reports encouraging grade control drilling results and successful initial gold production from its Lucky Strike Gold Mine in Western Australia, supporting resource growth and ongoing mining operations.

White Cliff Minerals has announced metallurgical test results from its Danvers deposit in Nunavut, Canada, showing copper recoveries exceeding 95% and high-grade concentrates produced via conventional flotation without regrinding. These findings support a lower-cost, scalable processing route and coincide with ongoing exploration along the Teshierpi Fault Zone.

Temas Resources Corp has appointed chemical process expert Dr. Santiago Faucher to its Scientific Advisory Board, enhancing the technical and commercialisation capabilities of its Regenerative Chloride Leaching (RCL) technology. This move supports the company’s strategy to advance its innovative hydrometallurgical platform and complements its mineral project developments in Québec.

Fortuna Metals Limited (ASX:FUN) has announced a conceptual exploration target of 180 to 240 million tonnes at 0.86 to 1.0% rutile grade for its Mkanda project in Malawi, with major drilling programs planned in 2026 to advance resource definition.

Since its October 2025 ASX IPO, Temas Resources has made significant strides in commercialising its proprietary metallurgical technology and advancing its Québec mineral projects, supported by solid financial reserves.

Globe Metals & Mining’s 2026 Bankable Feasibility Study for the Kanyika Niobium Project in Malawi confirms robust economics, a 24-year mine life, and a strategic phased development approach.

Sun Silver Limited has launched an ambitious 2026 drilling campaign at its Maverick Silver Project in Nevada, deploying four diamond core rigs to upgrade and expand its mineral resource while advancing metallurgical studies.

Victory Metals has announced a significant metallurgical breakthrough at its North Stanmore project, achieving over 70% extraction of critical heavy rare earths using a low-cost, low-complexity process. This advancement promises a faster, simpler path to market, setting the company apart in the competitive rare earths sector.

Everest Metals Corporation has reported promising metallurgical test results for its Mt Edon Critical Mineral Project, alongside submitting a key Mining Proposal to regulators, signalling progress toward commercial development.

Ardea Resources reports steady progress on the Kalgoorlie Nickel Project’s Definitive Feasibility Study, with the Japanese-Australian Consortium increasing its stake to 35%. The project moves closer to a potential 50% joint venture ownership upon a positive investment decision.

NeuRizer Ltd has advanced its NeuRizer Urea Project with key environmental approvals and construction plans, while raising $350,000 through private placements. However, the company faces a trading suspension as it works to resolve audit and compliance issues with the ASX.