Latest Processing News

Forrestania Resources has finalized its A$300 million acquisition of the Edna May Gold Project from Ramelius, adding a second processing hub in Western Australia and advancing its goal to become a major gold producer.

Forrestania Resources completes A$300 million purchase of Edna May Gold Project, adding a second processing hub in Western Australia and raising over A$215 million in a major capital placement.

Loyal Metals has completed its takeover by PT Bumi Resources, with scheme consideration paid to shareholders and trading suspended ahead of imminent delisting from the ASX.

Hawsons Iron has confirmed its ability to upgrade magnetite concentrate to a premium 69.3% iron grade through bulk-scale elutriation testwork, significantly reducing impurities and enhancing potential revenue streams.

VHM Limited has clinched the last major regulatory hurdle for its Goschen Project with Planning Scheme Amendment approval, setting the stage for project financing and execution.

Clara Resources is set to kick off a maiden drilling campaign at its Mareeba Gold Project, marking the first drilling activity since the late 1980s. The program, fully funded by a $1.165 million placement, targets historic high-grade gold zones and aims to establish a maiden JORC Mineral Resource.

Mount Ridley Mines has secured an oversubscribed $2 million placement at $0.033 per share to fast-track technical work at its Grass Patch Project and advance the Selectro™ Process. Directors plan to add $100,000 more, pending shareholder approval.

Clean TeQ Water has landed a substantial Front End Engineering Design contract with Sunrise Energy Metals for the scandium recovery circuit at the Syerston Scandium Project, potentially worth A$5.4 million. The deal advances the engineering design following successful preliminary testwork and highlights Clean TeQ’s growing role in critical metals processing.

Andromeda Metals has secured $3.04 million through a Share Purchase Plan and placement, aiming to advance its High Purity Alumina project and complete a Pre-feasibility study.

Star Minerals has transitioned from explorer to producer with mining underway at its Tumblegum South Gold Project and anticipates first gold revenue in the December quarter of 2026.

Magnetite Mines has unveiled a revamped scoping study for its Razorback Iron Ore Project, introducing key design changes to reduce capital costs and boost project viability. The company is also actively pursuing funding options including royalty arrangements and strategic partnerships.

ADX Energy has lodged a third exploration permit application offshore Italy, expanding its Sicily Channel gas play footprint to around 1650 km2 amid encouraging geological assessments.