Latest Project Advancement News

29Metals has successfully closed its institutional entitlement offer, raising approximately $119 million at a notable discount, with a retail offer set to launch later this month. The capital raise aims to fuel key growth projects across its mining portfolio.

Arrow Minerals maintains a cautious stance as regulatory ambiguity stalls its Guinea projects, while the country’s recent election brings a hopeful backdrop for resolution.

Vulcan Energy has reported strong production test results from its LSC-1b sidetrack well, reinforcing the viability of its Phase One Lionheart lithium project in Germany. The well’s performance supports the project’s ambitious lithium and renewable energy production targets.

Aurelia Metals has delivered robust metal production and cash flow in Q2 FY26, reaffirming its full-year guidance while advancing key growth projects on schedule.

Hawthorn Resources has released an updated Mineral Resource Estimate for its Anglo Saxon Gold Project in Western Australia, reinforcing the project's potential for open pit mining amid record gold prices. The new data brings the project closer to production with significant ounces confirmed.

Everest Metals Corporation, in partnership with Edith Cowan University, has won a $490,500 grant to accelerate its innovative rubidium extraction technology at the Mt Edon project, positioning Australia to establish its first sovereign rubidium supply.

Wia Gold advances its Kokoseb Gold Project with a Definitive Feasibility Study on track for completion in late 2026, supported by strong drilling results and strategic divestment of Côte d’Ivoire assets. Leadership changes signal a new phase for the company.

Venari Minerals has completed a successful drilling campaign at its Red Mountain Lithium Project, with assay results confirming significant lithium mineralisation and advancing towards a maiden resource estimate. The company also secured critical water rights, enhancing project development prospects.

Norwest Minerals has entered a three-year At-The-Market equity subscription agreement with Dolphin Corporate Investments, unlocking up to $3 million in standby capital to support its Bulgera Gold project and ongoing operations.

VBX Limited reports a significant 51% increase in the Measured and Indicated Mineral Resource Estimate for its Wuudagu B and C plateaus, setting the stage for a longer mine life and enhanced project economics.

Strickland Metals has reported robust diamond drilling results from its 5.3Moz AuEq Shanac Deposit in Serbia, highlighting both wide and high-grade mineralised zones. These findings set the stage for an updated resource estimate expected this quarter.

Golden Horse Minerals has launched a major 125,000-metre drilling campaign at its Southern Cross Gold Project, aiming to expand mineral resources and unlock new regional targets in 2026.