Latest Permitting News

VHM's refreshed feasibility study projects an A$807 million pre-tax NPV for its Goschen rare earths and mineral sands project, with approvals and major procurement work substantially advanced. The project still needs financing, lender due diligence and a Final Investment Decision before construction can begin.

Neurotech International has dosed the first patient in its pivotal Phase 3 Beyond Harmony study of NTI164, moving the autism therapy into its most consequential clinical test yet. The trial plans to enrol up to 200 children across six Australian sites, but no Phase 3 efficacy data are available at this stage.

Tolu Minerals has more than doubled its reported gold resources to 1.33 million ounces after declaring a maiden 293,000-ounce resource at Mt Penck in Papua New Guinea. The project also carries a largely untested copper-gold porphyry target, but its proposed A$30 million exploration program still requires separate funding.

LE Minerals has amended its proposed $20 million sale of three Queensland graphite projects after ASX flagged promoter and classified-asset rules that could lock up consideration shares. The cash component may now range from $2 million to $5 million, while shareholder approvals and MBM’s proposed IPO remain key execution hurdles.

Anson Resources has signed a non-binding MoU covering a potential five-year lithium carbonate offtake with Wogen and possible project financing support from Xcelsior. The proposed supply could reach 6,000 tonnes of lithium carbonate equivalent a year, but deliveries remain dependent on Green River being financed, permitted and built.

Catalyst Metals has converted the Cinnamon underground discovery into a maiden 232koz Ore Reserve, supporting a 7.5-year mine plan at the Plutonic Gold Belt. The deposit’s total Resource has grown 370% to 541koz, although part of the production target still relies on Inferred material.

Megado Minerals has returned a shallow copper-silver intersection from the first hole of its maiden drilling campaign in northern Spain, including 0.25 metres at 1.39% copper and 18g/t silver. Two further holes have been completed but remain unassayed, leaving the broader size and continuity of the mineralisation unresolved.

Olympio Metals has started a roughly 1,500-metre maiden diamond drilling program at its Jacknife silver project in Idaho, targeting mineralisation linked to more than 3.2 million ounces of historical silver production. The campaign is significant, but the company must still verify old data before it can establish a JORC-compliant resource.

Ramelius Resources has lifted its FY30 production outlook to as much as 610,000 ounces while committing up to A$570 million of growth capital in FY27. The plan puts a larger Mt Magnet processing hub at the centre of the company’s expansion, but also raises the execution and cost stakes.

Bayan Mining and Minerals has begun a third phase of surface sampling at its Bayan Springs South gold project in Nevada, extending an open southern anomaly and testing a previously unsampled northern fault intersection. The work is intended to sharpen drill targets, while assays from the company’s completed Desert Star RC program are expected in October 2026.

Galilee Energy has shifted the Zydeco-1 sidetrack from its original gas-condensate focus to five shallow oil zones carrying up to 422.6 thousand barrels of gross unrisked Prospective Resources. The A$3.5 million placement is expected to fund the revised oil testing and potential production design.

American Tungsten & Antimony has produced antimony ingot from Arizona-mined material at its Nevada refinery, providing the first physical demonstration of its proposed US mine-to-metal chain. The milestone creates samples for testing and customer qualification, but the underlying asset acquisition remains incomplete and product quality is yet to be disclosed.