Latest Phosphate Projects News

Avenira Limited has secured Northern Territory Government approval for its Wonarah Direct Shipping Ore Mine Management Plan, paving the way for first ore shipment by Q4 2025. The project includes infrastructure development and exploration drilling to support future beneficiation.

Aguia Resources has landed a A$4 million loan offer from Brazil’s Southern Development Bank to fund the initial phase of its Tres Estradas phosphate project, enabling production to commence by early 2026 with plans for rapid expansion.

Aguia Resources is ramping up production at its high-grade Santa Barbara gold project in Colombia while advancing a low-capital phosphate operation in Brazil, setting the stage for robust cash flow generation.

Aguia Resources Limited has launched a Share Purchase Plan offering eligible shareholders the chance to buy new shares at a discount, aiming to raise up to $3 million to advance its phosphate and gold exploration projects.

Korab Resources has extended the completion date for the sale of its Geolsec mineral lease, securing higher royalty rates in the process. This move reshapes the financial terms of a key transaction tied to its Northern Territory phosphate project.

Aguia Resources has announced a $3 million Share Purchase Plan offering shares at a 9% discount, aiming to fund exploration and development at its key projects.

Minbos Resources advances its Cabinda Phosphate Project with strong sales interest and a $36 million financing package, positioning itself as a key player in Angola's agricultural transformation.

Aguia Resources has secured key contracts and financing steps for its Tres Estradas phosphate project in Brazil, aiming for production start by late 2025 and first sales in early 2026.

DY6 Metals has updated its discovery of high-grade gallium mineralisation at the Tundulu Rare Earth and Phosphate Project in Malawi, revealing significant drill intercepts and ongoing metallurgical testwork that could position the company in a critical minerals market dominated by China.

Minbos Resources advances its Cabinda Phosphate Project with significant construction progress and a fresh US$3.6 million funding injection from the Sovereign Fund of Angola, underpinning its strong cash position.

Avenira Limited is advancing its Wonarah Phosphate Project with site mobilisation planned for mid-2025, backed by a $7.567 million capital injection from major shareholder Sichuan Hebang Technology. Operational milestones and regulatory approvals are progressing, positioning the company for first ore shipment in Q4.

MRG Metals Limited has achieved a significant milestone with the granting of the Corridor Central mining licence in Mozambique and is progressing exploration and joint venture development, while metallurgical testwork in Zimbabwe signals potential new opportunities.