Latest Preliminary Economic Assessment News

FireFly Metals has raised approximately A$190 million through institutional and bought deal placements, positioning the company to advance its Green Bay Copper-Gold Project with early works, drilling, and feasibility studies ahead of a mid-2027 investment decision.

Resouro Strategic Metals reported a $1.01 million loss for Q1 2026 while advancing its Tiros Rare Earths and Titanium Project with a robust Preliminary Economic Assessment and closed a $2.5 million private placement.

Mont Royal Resources has bolstered its funding position with a C$2.22 million tax credit from Quebec, supporting advancement of its Ashram Rare Earth and Fluorspar Project toward a Pre-Feasibility Study.

Marquee Resources shareholders rejected key share issues tied to the Tungsten Mountain acquisition, prompting the company to scrap the deal and refocus capital on advancing and monetising its existing portfolio.

Euro Manganese has signed a non-binding term sheet with US battery materials producer 6K Energy, marking a critical step towards commercialising its Chvaletice manganese project with validated product quality and supportive financing terms.

Li-FT Power has consolidated its Quebec lithium assets through the Winsome acquisition, secured an option on the Renard mine site, and bolstered its balance sheet with a C$20 million financing to fuel exploration and development.

PMET Resources posted a CAD 2.1 million net loss for Q1 2026, bolstered by strategic partnerships and a strong cash position as it pushes forward with its flagship Shaakichiuwaanaan lithium project.

Orezone Gold Corporation posted record quarterly and half-year gold production, boosted by the Casa Berardi acquisition and Bomboré's hard rock plant ramp-up, driving strong revenue and earnings growth in H1 2026.

Resouro Strategic Metals has closed the first tranche of an upsized $2.5 million private placement, issuing 7.44 million shares at $0.25 each to fund its Tiros project environmental program and working capital.

The Takeovers Panel has declined to investigate allegations against Central Asia Metals' proposed acquisition of Cygnus Metals, citing insufficient evidence and procedural prematurity. Cygnus has committed to safeguards addressing conflict of interest concerns.

FireFly Metals has delivered a fresh wave of high-grade copper and gold drilling results at its Green Bay project in Canada, setting the stage for an updated Mineral Resource Estimate and a Preliminary Economic Assessment due by the end of August 2026.

Mont Royal Resources has released an updated Preliminary Economic Assessment for its Ashram Rare Earths and Fluorspar Project, outlining robust economics and a 30-year mine life. High-grade fluorspar at the nearby Mallard Prospect adds strategic by-product potential as the company advances towards a Pre-Feasibility Study.