Latest Preliminary Economic Assessment News

FireFly Metals has raised approximately A$139 million to accelerate exploration and development at its Green Bay Copper-Gold Project in Canada, setting the stage for a major resource expansion and a Final Investment Decision in 2026.

FireFly Metals has announced a significant upgrade to its Green Bay Copper-Gold Project resource, alongside a A$139.5 million equity raise to fund ongoing drilling and development. The company is poised for rapid growth in a tier-one mining jurisdiction with strong infrastructure and exploration upside.

Green Technology Metals has appointed Altris Engineering to complete the Definitive Feasibility Study for its Seymour Lithium Project in Ontario, advancing towards a mid-2026 Final Investment Decision amid a disciplined cash strategy.

Resouro Strategic Metals has finalized a key process flowsheet for its Tiros Project in Brazil, paving the way for a Preliminary Economic Assessment focused on high-grade titanium and rare earth recovery. This milestone brings the project closer to defining costs and production parameters.

Morella Corporation’s Phase 2 metallurgical testwork at the Mt Edon Rubidium Project confirms rubidium recoveries up to 93.6% and identifies two viable processing pathways, strengthening the project’s technical foundation.

Power Minerals and Navigate Energy have taken a major step forward by finalising the incorporation of their Rincon Lithium Project Joint Venture entity in Argentina, paving the way for a US$4 million investment to accelerate project development.

FireFly Metals has announced a substantial 51% increase in its Green Bay Copper-Gold Project Mineral Resource, highlighted by a newly defined high-grade core zone that promises to enhance early project economics.

Bindi Metals has agreed to farm out up to 90% of its Schryburt Lake rare earth project to Canamera Energy Metals, marking a significant step in advancing the asset with staged funding commitments.

Axel REE Limited has initiated a new Mineral Resource Estimate at Area B of its Caladão Project in Brazil, aiming to build on its already significant rare earth and gallium resources. This move could further position Caladão as a critical global source beyond China’s dominance.

Mont Royal Resources has re-listed on the ASX following a merger with Commerce Resources, bringing the Ashram Rare Earth and Fluorspar Deposit in Québec to the forefront of North American critical minerals development.

Sarama Resources has formally filed a US$242 million damages claim against Burkina Faso following the expropriation of its Tankoro 2 Exploration Permit, marking a pivotal step in its international arbitration process.

Rumble Resources has launched a major drilling campaign at its Western Queen project to expand gold and tungsten resources, while advancing underground mining plans and securing $9 million in fresh capital.