Latest Project Development News

Tartana Minerals is advancing talks to access the Mungana Processing Plant, potentially unlocking a significant processing capacity for its copper ore and reviving nearby mining operations.

Astral Resources has launched a recommended takeover offer for Maximus Resources, valuing the company at $31 million and combining their gold resources to form a leading Western Australian developer with approximately 1.8 million ounces of gold.

NH3 Clean Energy has successfully completed the Pre-FEED engineering phase for its WAH2 clean ammonia project, unlocking new opportunities for emissions and cost optimization while preparing for strategic partnerships.

Dreadnought Resources has inked a $1 million share subscription deal with Black Cat Syndicate, securing a pivotal development right for the Star of Mangaroon gold project and setting the stage for drilling to commence in early 2025.

Aurum Resources has closed its takeover offer for Mako Gold, securing over 91% ownership and initiating compulsory acquisition of remaining shares.

Lithium Energy Limited has secured unconditional shareholder approval for the amended sale of its Solaroz Lithium Brine Project, with completion now staged over two tranches through January 2026. Meanwhile, the company prepares for the Axon Graphite spin-out IPO, navigating an ongoing ASX trading suspension due to operational thresholds.

Aeris Resources has secured a six-month renewal of its ANZ contingent instrument facility, providing a crucial runway as it progresses refinancing and develops key growth projects.

MC Mining Limited reported a 26% drop in coal production and sales in Q2 FY2025, while advancing development at its flagship Makhado steelmaking coal project. The company also secured merger clearance and extended loan repayment terms, signaling a complex operational and financial landscape.

Vanadium Resources Limited (VR8) reports ongoing strategic equity and offtake discussions with tier-1 partners for its Steelpoortdrift Vanadium Project, alongside cost reduction measures and progress on environmental approvals.

Heavy Minerals Limited advances steadily on its Port Gregory Garnet Project, with the Pre-Feasibility Study nearing completion and critical permitting and sales groundwork underway.

NT Minerals Limited reported a net cash outflow of $186,000 for the December quarter, ending with just $2,000 in cash but retaining $1.56 million in undrawn financing facilities.

Cadoux Limited reports significant progress in its high purity alumina and Minhub rare earths projects, alongside robust environmental, social, and governance initiatives.