Latest Project Development News

Silver Mines Limited has raised $33 million through a $30 million placement and a $3 million share purchase plan, bolstering its development and exploration ambitions in Australia and the US.

Alara Resources has been awarded a mining license for the Daris 3A5 prospect in Oman, marking a key step in developing its second copper operation in the country. Historical drilling confirms high-grade copper mineralisation, with further exploration and planning underway.

D3 Energy’s latest re-test of the RBD10 well in South Africa’s ER315 permit shows a remarkable 38% increase in gas flow, underscoring unique reservoir dynamics that could lower development costs.

TMK Energy has forged a strategic alliance with Beijing-based J-Energy to accelerate development planning for its Gurvantes XXXV Coal Seam Gas project in Mongolia, leveraging J-Energy’s technical expertise and Chinese market connections.

Antilles Gold initiates a $650,000 share placement to fund working capital and prepare for a major $29.5 million EPC contract with Xinhai Mining, advancing the Nueva Sabana copper-gold mine development in Cuba.

Lincoln Minerals has announced a renounceable entitlement issue to raise up to $1.5 million, aiming to advance its critical minerals projects in South Australia, including imminent drilling at the Minbrie Copper & Base Metals Project.

Stellar Resources has confirmed that large-scale X-Ray Transmission ore sorting trials at its Heemskirk Tin Project significantly increase tin head grade while reducing processing costs. The promising results are now shaping the project's Prefeasibility Study.

Gorilla Gold reports outstanding initial metallurgical results from its Lakeview Prospect at Comet Vale, achieving 97.5% gold recovery and gearing up for an expanded drilling campaign targeting a maiden resource estimate in Q4 2025.

FireFly Metals has secured environmental approval and reported exceptional metallurgical results for its Green Bay Copper-Gold Project in Canada, setting the stage for a production restart. With economic studies underway and strong funding, the project is rapidly advancing toward a scoping study release in early 2026.

Hot Chili Limited launches a A$14 million rights issue to fund key strategic initiatives, including advancing its La Verde copper-gold discovery and completing asset-level partnering processes within the Costa Fuego Project in Chile.

Everest Metals Corporation has secured regulatory approval to begin mining at its Mt Dimer Taipan Gold & Silver Project, targeting production commencement in late 2025. The project’s inferred resource and ongoing contract negotiations position EMC for a promising small-scale operation.

Macarthur Minerals has successfully raised nearly $2 million through a rights issue, with Gold Valley Yilgarn Pty Ltd underwriting the shortfall and set to become a substantial shareholder pending approval.