Latest Project Development News

Quantum Graphite Ltd reported a significant revenue jump alongside a $4.9 million net loss for FY2025, as it pushes forward with its Uley 2 graphite project backed by major infrastructure and funding initiatives.

Riversgold has partnered with MEGA Resources to fully fund and operate mining at its Northern Zone Gold Project near Kalgoorlie, sharing profits equally and aiming to commence mining in early 2026.

Aguia Resources has announced a one-for-ten entitlement issue to raise up to $4 million, including free attaching options, aimed at advancing its Santa Barbara Gold Project and supporting working capital.

MC Mining’s FY2025 results reveal a sharp increase in losses driven by impairments and lower coal sales, while a strategic investment by Kinetic Development Group advances its flagship Makhado Project.

Tesoro Gold has raised A$34 million through a strategic placement to fund critical development stages of its El Zorro Gold Project in Chile, aiming for a final investment decision.

Tungsten Mining NL has successfully raised $9.5 million through a share placement to advance its Mt Mulgine gold-tungsten project, reinforcing its position in the global tungsten market.

Australian Vanadium Limited has locked in a US$10 million secured loan from major shareholder RCF to advance its flagship vanadium project and prepare for a significant government battery storage tender.

Wia Gold Limited’s latest scoping study for the Kokoseb Gold Project in Namibia confirms a low-cost, long-life open pit operation with compelling economics and significant upside potential.

Wia Gold Limited has completed a Scoping Study for its Kokoseb Gold Project in Namibia, confirming its potential as a long-life, economically viable open pit mine with strong financial metrics and a clear path to development.

Challenger Gold has secured the final Environmental Impact Assessment amendment for its Hualilán Gold Project, enabling ore haulage and toll milling at the Casposo plant. This milestone unlocks a low-capital pathway to early cash flow while advancing the project’s development.

First Lithium Limited has secured an $800,000 loan facility and received encouraging signals from the Mali government on license renewals for its key lithium projects, setting the stage for resource estimation and further development.

Lefroy Exploration has received the first $1.25 million cash advance from BML Ventures, strengthening its financial position ahead of key development milestones at the Lucky Strike and Burns Central gold projects.