Latest Project Advancement News

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.

AuKing Mining has agreed to acquire 100% of the Machinga Heavy Rare Earths Project in Malawi, adding a high-grade heavy rare earth and niobium asset to its portfolio. The acquisition includes a mix of cash, shares, and performance shares contingent on resource milestones, positioning AuKing to accelerate exploration in a geopolitically strategic region.

Verity Resources has upgraded its Monument Gold Project with a maiden indicated resource and is progressing development studies, while its Botswana copper-silver and Brazil rare earth projects offer multiple growth avenues.

Yari Resources is set to double its coal resources in Queensland’s Bowen Basin through the acquisition of the Arcadia Coal Project, complementing its Rolleston South asset and advancing a district-scale consolidation strategy.

Aura Energy has locked in a commercially proven processing flowsheet for its Tiris Uranium Project and signed a non-binding MOU with a major nuclear utility, aiming for a binding agreement and Final Investment Decision by year-end 2026.

DPM Metals delivered a record $227 million free cash flow in Q2 2026, driven by strong operational performance and higher metal prices. The ramp-up at Vareš remains on track for full production by year-end, while a major copper-gold discovery at Brevene South boosts exploration outlook.

Middle Island Resources has reported strong Phase 2 drilling results at its Bobija project in Serbia, revealing an extensive shallow gold-silver-base metal system. Soil sampling at Tisovik further highlights large polymetallic targets with high-grade antimony, supporting a carbonate replacement deposit model.

Impact Minerals pushes its Lake Hope High Purity Alumina project into pilot production while its JV partner Kuniko hits mineralisation in every hole at Commonwealth, discovering new high-grade extensions.

Legacy Minerals delivers a robust scoping study for Mt Carrington with A$514 million pre-tax NPV, confirms a new gold-silver discovery at Mascotte, and advances multiple drilling programs across NSW projects.

American West Metals (ASX: AW1) reported significant exploration breakthroughs at its West Desert Project in Utah and ongoing Pre-Feasibility Study progress at the Storm Copper Project in Nunavut, backed by a $10 million capital raise.

Anson Resources and JordProxa have successfully completed the first phase of non-thermal downstream processing test work, advancing the Green River Lithium Project closer to commercial production.

Emerald Resources NL sustained steady gold output at its Okvau Mine with 27.1Koz produced in June quarter while progressing the Dingo Range Gold Project towards production, supported by a robust cash position of A$481 million.