Latest Operational Costs News

Celsius Resources has updated its Mineral Resource Estimate for the MCB Copper-Gold Project in the Philippines, reporting a larger and more confidently classified resource. This upgrade sets the stage for upcoming feasibility and engineering studies.

CuFe Ltd has expanded its Orlando Deposit resource at Tennant Creek by incorporating significant bismuth and silver, enhancing the project's economic potential and positioning it among Australia's largest bismuth resources.

Icetana reveals its FY26 strategy focused on transforming Security Operations Centers with predictive, explainable, and autonomous AI, aiming to enhance threat detection and operational efficiency.

DevEx Resources reports a major metallurgical breakthrough at its Kennedy Rare Earths Project in Queensland, achieving up to 68% recovery of critical magnet rare earth elements using a straightforward heap leach process with low acid consumption.

Cobalt Blue Holdings has significantly upgraded the economics of its Kwinana Cobalt Refinery project, driven by a sharp rebound in cobalt prices following market disruptions in the Democratic Republic of Congo. The company is advancing towards a Final Investment Decision with key permits and supply agreements in place.

Elevra Lithium reports a 31% surge in spodumene concentrate production for FY25, alongside significant resource expansions and a clear growth roadmap post-merger.

VHM Limited launches a fully underwritten A$10.3 million placement and a $1 million share purchase plan to fund the Goschen rare earths project, supported by strategic government financing.

Reece Limited reported an 8% rise in first-quarter sales driven by network expansion, while profitability dipped due to higher costs and investments. The company also completed a $365 million share buyback, signaling confidence despite subdued market conditions.

VBX Limited reports consistent assay results from 129 infill drill holes at the Wuudagu B bauxite deposit, reinforcing its 2016 resource estimate and paving the way for inclusion in the upcoming definitive feasibility study. The deposit’s proximity to Guy Point offers potential cost savings in haul road construction.

Lindian Resources has begun construction of the Tipume accommodation village at its Kangankunde Rare Earths Project in Malawi, marking a critical step towards operational readiness. The modern camp is designed to support up to 90 personnel and is expected to be completed by early 2026.

Canadian Phosphate Limited has signed a non-binding Letter of Intent with Novaphos Inc. to explore advanced phosphate processing technology, aiming to produce high-grade phosphoric acid domestically for fertilizer and battery markets.

North Stawell Minerals reported a strong turnaround in FY2025 with encouraging gold exploration results at Darlington and a successful $2.4 million capital raise, setting the stage for growth.