Latest Project Development News

WA1 Resources continues to hit strong niobium grades in infill drilling at its Luni Project, sharpening the focus for early mining years and keeping its Pre-Feasibility Study on track for late 2026.

Ramelius Resources delivered solid June quarter results, hitting 53,466 ounces at an AISC of A$1,973/oz and generating A$138.3 million in underlying free cash flow. The company met full-year guidance for the sixth consecutive year, advanced key projects, and progressed a major asset sale.

Mineral Resources Limited (ASX: MIN) closed FY26 exceeding volume and cost guidance across iron ore, lithium, and mining services, while bolstering liquidity and reducing net debt. Strategic investments at Mt Marion and Bald Hill signal ongoing growth.

Canadian Phosphate has secured a five-year exploration permit for its Wapiti Phosphate Project and commenced a 3,000m drilling campaign, while progressing the pending acquisition of the Diamond Mountain Project in Utah. A $5.2 million capital raise positions the company to accelerate its North American phosphate ambitions.

Sheffield Resources reported a 20% rise in ore mined and an 11% increase in concentrate production at its Thunderbird Mine, alongside an 8% jump in zircon prices amid improving market conditions.

Geopacific Resources has completed a Definitive Feasibility Study for its Woodlark Gold Project, revealing robust economics and a clear path to development with a targeted Final Investment Decision by early 2027.

Leeuwin Metals has secured a key mining lease at Evanston, placing all its Marda Gold Project resources on granted leases, while promising drill results and a strategic collaboration set the stage for resource expansion and project development.

NuEnergy Gas Limited has locked in a fully funded US$88 million contract with PT Beijing Energy Linking to develop its Tanjung Enim POD 1 project in Indonesia, targeting first gas sales in early 2027 under an Early Gas Sales Initiative.

Piche Resources completed its maiden RC drilling at Cerro Chacón, confirming a low-sulphidation epithermal gold-silver system at Toro Hosco, while a strategic review of Ashburton highlights high-grade rare earths and uranium potential.

Prairie Lithium has advanced its Saskatchewan lithium project with the delivery of North America’s largest commercial Direct Lithium Extraction unit and a binding offtake agreement securing 100% of Phase 1 production.

Atomic Eagle has extended high-grade uranium mineralisation at its Muntanga Project in Zambia, secured crucial environmental permits, and acquired an option on the Sitwe Uranium Project, broadening its exploration footprint.

Akora Resources has successfully raised $3.3 million through a placement and entitlement offer, advancing its high-grade Bekisopa iron ore project in Madagascar following a key mining permit grant.