Latest Processing Facilities News

Critica Limited has entered a farm-in agreement with Ausgold Limited for its Kulin Gold Project, allowing Ausgold to earn up to 70% interest by funding exploration. This strategic move enables Critica to concentrate resources on its flagship Jupiter Rare Earth Element Project, Australia's largest high-grade clay-hosted rare earth deposit.

GR Engineering Services has landed a $77.6 million EPC contract to upgrade the Eloise copper processing facility in northern Queensland, marking a significant milestone in its project portfolio.

AIC Mines has locked in a US$40 million prepayment facility tied to a copper offtake agreement with Trafigura, aiming to boost processing capacity at its Eloise mine.

Cygnus Metals has raised A$18.3 million through a well-supported share placement to accelerate resource expansion and mining studies at its flagship Chibougamau copper-gold project following strong drilling results.

Black Cat Syndicate has fast-tracked its Lakewood processing tolling program and appointed Tim Mason as COO to streamline operations and support its More Gold Sooner strategy.

Western Gold Resources has signed a binding toll milling agreement with Wiluna Mining Corporation, fast-tracking the Gold Duke Project towards near-term production amid record gold prices.

Raiden Resources has extended its Phase 2 drilling program at the Vuzel Gold Project in Bulgaria, intersecting a visually distinct potential epithermal feeder zone and expanding near-surface gold mineralisation by 600 metres. Assays are pending to confirm the grade and nature of this promising discovery.

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.

Bass Oil Limited reported steady oil production in May with a 3% increase in output and announced plans to acquire the Vanessa gas field, marking a strategic pivot towards gas production in Australia’s evolving energy landscape.

Catalyst Metals reports positive infill drilling results at its Trident Gold Project, confirming expected mineralisation and enabling development to commence with first ore targeted in late 2025.

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.