Latest Processing Plants News

Li-FT Power Ltd. is raising $20 million through a common share offering priced at $2.90 each, primarily to cover care and maintenance costs for its Renard diamond mine option and support corporate activities. The deal includes a 15% over-allotment option and has conditional TSXV approval.

Austral Resources has locked in $15 million from QIC’s Queensland Critical Minerals Fund to advance expansion planning at its Rocklands copper processing facility, aiming to boost capacity beyond 3Mtpa and extend operational life through 2034 and beyond.

Altamin Limited has locked in a $2 million unsecured loan facility from its major shareholder Victor Smorgon Group, providing non-dilutive funding to advance its Lazio and Gorno projects and shore up working capital.

EV Resources has secured its first binding five-year ore supply agreement with Chinantla, underpinning its Proof-of-Concept antimony processing campaign at Tecomatlán and advancing its regional hub strategy.

Flynn Gold has inked a non-binding Ore Purchase Agreement with Kaiser Reef's Henty Gold Mine, opening a potential low-capital route to production for its Golden Ridge project in Tasmania.

AIC Mines has reported promising drilling results at its Iris and Eloise South prospects near the Eloise copper mine, confirming extensive copper mineralisation and a spectacular high-grade gold intercept.

Brightstar Resources is on track to deliver 75,000 ounces per annum from its Goldfields hub by mid-2027, backed by a new processing plant and strong project economics, while progressing its Sandstone project toward a Tier-1 development with a 2.9 million ounce resource.

Toubani Resources has successfully closed the retail tranche of its fully underwritten entitlement offer, securing approximately A$70 million to support its Kobada Gold Project development.

Lefroy Exploration’s latest drilling at Mt Martin has unearthed multiple high-grade gold intersections outside the current resource, underscoring significant expansion potential ahead of a September scoping study.

Brightstar Resources reports steady July progress at its Goldfields Project, maintaining schedule and budget for first gold production in mid-2027 with key infrastructure milestones reached.

TG Metals has raised A$2.5 million through a placement backed by institutional investors and insiders to fund resource expansion, scoping studies, and direct shipping ore opportunities at its Western Australian gold and lithium assets.

Future Metals NL has launched an updated Scoping Study for its Panton PGM-Ni-Cr Project, weighing a greenfield standalone operation against leveraging the idle Savannah processing facility to identify a cost-effective development route.