Latest Phosphate Projects News

PhosCo Ltd reports significant progress at its Gasaat Phosphate Project in Tunisia, unveiling promising drilling results and securing potential strategic investment from the EBRD to fund its next development phase.

Centex Limited and Agriflex Pty Ltd, currently under voluntary administration, have received a Deed of Company Arrangement proposal from PRL Global Limited involving an $8.2 million contribution and a share transfer. Administrators recommend creditors approve the DOCA for better returns and operational continuity.

Centrex Limited and its subsidiary Agriflex Pty Ltd have entered a Deed of Company Arrangement (DOCA) with PRL Group Limited set to acquire 100% of Centrex shares, pending court approval. An independent expert report values Centrex shares at nil on a liquidation basis, while mineral assets are valued at A$5.6 million.

Aguia Resources reports a significant uplift in the economics of its Tres Estrades Phosphate Project in Brazil, driven by soaring phosphate prices and a streamlined production strategy targeting early 2026 start-up.

Canadian Phosphate Limited advances its Canadian operations with new bulk sampling permits and a promising exploration target, while steady sales and customer upgrades signal growth ahead.

DY6 Metals has significantly expanded its rutile and heavy mineral sands footprint in Cameroon while uncovering high-grade gallium mineralisation in Malawi, backed by a fresh A$4.625 million capital raise.

Canadian Phosphate Limited has applied for a multi-year exploration permit at its Wapiti Phosphate Project in British Columbia, targeting a substantial phosphate resource with strategic implications for North American supply.

Aguia Resources has successfully closed its Share Purchase Plan, raising approximately $649,200 through the issuance of over 18 million new shares. This capital injection supports the company’s phosphate and gold projects in Brazil and Colombia.

Aguia Resources Limited has reduced its Share Purchase Plan price to 3.6 cents and extended the closing date, while reporting promising initial drill results at its Santa Barbara gold project and securing a $4 million loan to kickstart phosphate production in Brazil.

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.