Latest Processing Facilities News

Accelerate Resources has reported a new gold discovery at its Balagundi project, strong assay results from multiple prospects, and a significant project expansion, supported by a $2 million capital raise to fund ongoing exploration.

Element 25 is on track to commission its Butcherbird manganese expansion in early 2027, while securing a substantial US Department of Energy grant to support its US battery materials facility.

Carnavale Resources has lifted its Kookynie Gold Project resource to 120,000 ounces and is nearing completion of its Bankable Feasibility Study, with exploration drilling set to test new targets.

Lunnon Metals reports a 20% increase in gold ounces at its Hustler deposit, now 36,200 ounces, with plans to integrate mining alongside Lady Herial. Ongoing studies and strong infrastructure underpin a promising path to production.

WA Gold has delivered a robust scoping study for its Abercromby Gold Project, forecasting strong cashflows and low capital costs, while ramping up drilling at both Abercromby and Bullabulling projects with assay results imminent.

Arika Resources has locked in $6.55 million through a placement led by Lion Selection Group, which will hold a 6.7% stake, to fund a major drilling campaign at its Yundamindra and Kookynie gold projects in Western Australia.

Evolution Mining has agreed to acquire Carnaby Resources via a scheme of arrangement valuing Carnaby at around A$213 million, delivering a 60% premium to shareholders and aiming to de-risk the Greater Duchess project.

Auric Mining's integrated Scoping Study outlines a $138 million capital plan to restart mining at Munda and upgrade Burbanks processing plant, targeting first gold in early 2028 with robust economics and scalable infrastructure.

Resouro Strategic Metals has taken a crucial step toward turning its Novo Mundo Gold Project in Brazil from trial mining into a licensed commercial operation by lodging a Mining Concession Application covering 930 hectares.

Viridis Mining has hit major milestones at its Colossus Rare Earth Project, including submitting a key environmental licence, exceeding recovery targets at its Demonstration Plant, and securing a strategic partnership with Solvay.

Patriot Resources has extended its copper exploration corridor in Zambia by 5.5km, identifying two new high-priority IOCG-style targets that could signal a multi-centre mineralised system.

Mount Hope Mining’s initial metallurgical tests at Mt Solitary reveal an exceptionally high gold recovery rate exceeding 98%, confirming the deposit’s amenability to straightforward processing and opening potential low-capital development routes.