Latest Project Development And Permitting News

Anson Resources has raised A$14 million through a well-supported placement to advance its lithium and uranium projects in Utah, signaling strong investor confidence in its development strategy.

American Uranium Limited has initiated hydrogeological testing alongside Phase 1 drilling at its Lo Herma ISR uranium project, aiming to expand its resource and validate aquifer conditions critical for in-situ recovery mining.

Canadian Phosphate Limited has bolstered its balance sheet through the sale of its pelleting plant and reported improved cash flow despite permitting setbacks in British Columbia. The company is strategically positioned to capitalize on growing North American demand for domestically sourced phosphate amid global supply disruptions.

Perseus Mining Limited reported a robust FY25 with a 21.7% revenue increase to US$1.25 billion and a 15.6% rise in profit after tax to US$422 million, driven by higher gold prices despite slightly lower production. The company also declared a final dividend and completed a significant share buyback.

Cobre Limited has initiated an Environmental Impact Assessment and reported strong assay results from its Ngami Copper Project, setting the stage for a maiden Mineral Resource Estimate by August 2025.

Sun Silver Limited has verified significant antimony mineralisation at its Maverick Springs Project in Nevada, with historical drill core re-assays revealing broad intercepts and visual stibnite presence. The company is advancing a strategic engagement with the US Department of Defence to position the project as a critical domestic mineral source.

New World Resources Limited has voluntarily suspended trading as it prepares to announce a significant change of control variation and a $10 million placement to advance its Antler Project in Arizona.

Axel REE Limited announces a strategic leadership transition as it moves from exploration to development of its rare earth and gallium projects in Brazil, appointing new technical experts and seeking a new Managing Director to guide its next growth phase.

Gorilla Gold reports significant high-grade gold intercepts at its Lakeview Prospect within the Comet Vale Project, revealing multiple parallel mineralised structures and advancing resource growth with ongoing drilling.

American Rare Earths has expanded its Halleck Creek rare earth resource by 12.2% and achieved a metallurgical breakthrough that slashes processing volumes by over 90%, underpinning a robust updated scoping study with strong financial metrics.