Latest Project Development News

Iron Road Ltd has secured its key mining lease through 2026 and entered a strategic farm-in agreement targeting heavy mineral sands, navigating a tough iron ore investment climate and evolving green energy partnerships.

Infinity Lithium Corporation has decided against exercising its option on Dart Mining's gold and base metals projects, opting instead to concentrate on advancing its wholly owned Cobungra gold-silver project in Victoria.

Toubani Resources has made significant strides in developing its Kobada Gold Project in Mali, securing a $29 million strategic placement and launching extensive drilling programs aimed at expanding its mineral resource base ahead of a final investment decision.

Global Lithium Resources has made significant progress on its Manna Lithium Project, advancing its Definitive Feasibility Study and securing a key variation to its offtake agreement with Canmax. The company also reported a substantial reduction in its cash burn rate, maintaining a strong cash position.

QMines Limited reports promising high-grade copper and zinc intersections from its maiden drilling at Sulphide City, bolstering confidence in the Develin Creek project’s potential.

Viridis Mining and Minerals has locked in a strategic US$30 million equity funding partnership with leading Brazilian asset managers to accelerate its Colossus Rare Earth Project towards production.

Strickland Metals has reported outstanding metallurgical testwork results from its Gradina Deposit in Serbia, achieving gold recoveries up to 97.9% and averaging nearly 90%. This milestone supports the upcoming maiden Mineral Resource Estimate and ongoing project development.

Stanmore Resources has reported a robust recovery in its June quarter operations with increased coal production, zero serious safety incidents, and positive cash flow, despite challenging weather conditions. The company maintains its full-year production guidance, signaling resilience amid market uncertainties.

Develop Global Limited has marked a pivotal quarter with initial concentrate shipments from its Woodlawn Copper-Zinc Mine, the commencement of earthworks at Sulphur Springs, and a substantial A$180 million capital raise to fuel an aggressive growth strategy.

Develop Global Limited reported a $11.4 million operating cash outflow for the June quarter but maintains a strong funding position with $115 million available, supporting an estimated nine quarters of operations.

Carnegie Clean Energy has signed a pivotal Memorandum of Understanding with BiMEP to develop a 6MW wave energy array in Spain’s Basque Country, marking a significant step in commercialising its CETO technology.

Bellevue Gold Limited reported robust cash flows for Q2 2025, boosting its liquidity position and reducing debt significantly through an early principal repayment. The company ends the quarter with a strong cash balance, underpinning ongoing development activities.