Latest Project Development News

Podium Minerals has unveiled a breakthrough concentrator flowsheet for its Parks Reef Project, achieving approximately 80% recovery of platinum, palladium, and gold from bulk sulphide ore. This innovation promises to unlock multiple commercial pathways and de-risk project development amid tightening global PGM markets.

Podium Minerals has launched a A$12 million capital raising to accelerate development at its Parks Reef platinum group metals project, following a key metallurgical breakthrough and resource upgrades.

Matsa Resources has locked in a $15 million funding package to fast-track development and exploration at its Lake Carey Gold Project, including advancing the Devon Pit and Fortitude Gold Mines. This capital injection aims to unlock latent value and support feasibility studies and drilling programs.

Flagship Minerals has raised $4 million through a share placement, including a strategic $2.5 million investment from global EPC leader Xinhai, to advance the Pantanillo Gold Project towards feasibility and development.

Infinity Metals has submitted key documentation for its San José Lithium Project mining licence in Spain, moving closer to public consultation despite delays. The company also announces executive role changes to streamline costs amid a softer lithium market.

OD6 Metals has selected an innovative process flowsheet for its Splinter Rock Rare Earth Project, achieving approximately 75% recovery of key rare earths with superior product purity and optimized costs. This milestone sets the stage for advanced testing and mining studies as the company advances toward production.

Many Peaks Minerals has reported significant gold assay results from reconnaissance drilling at its Ferké Project in Côte d’Ivoire, highlighting multiple extension targets along a key shear corridor. Follow-up drilling is set to advance these promising findings.

Orion Minerals has raised A$5 million through a share placement to fund early development at its Prieska Copper Zinc Uppers mine and advance studies at the Okiep Copper Project, underpinning its transition towards production.

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.