Latest Project Development News

Andromeda Metals has launched a $5 million capital raising via a Placement, accompanied by Placement and Broker Options, to advance its flagship Great White Project and High Purity Alumina development.

Invictus Energy advances its Cabora Bassa Project in Zimbabwe with an updated Petroleum Production Sharing Agreement draft and National Project Status approval, setting the stage for exploration drilling in 2025.

Iltani Resources has successfully closed a Share Purchase Plan raising $965,000 and secured an additional $200,000 via a private placement, bringing total recent capital raised to nearly $3 million. These funds will fuel exploration at its promising Orient Silver-Indium Project and other ventures.

Following its merger with IDM International, Blackstone Minerals announces key board and management changes to spearhead development of the Mankayan Copper-Gold Project in the Philippines.

Critical Resources Limited has unveiled final assay results from its 2024 drilling campaign at the Mavis Lake Lithium Project, revealing high-grade spodumene mineralisation beyond its current resource estimate and highlighting significant expansion potential.

Larvotto Resources has obtained formal approval from NSW authorities for a key development modification at its Hillgrove Antimony-Gold Mine, clearing the way for a 2026 production restart backed by strong market fundamentals.

Orpheus Uranium announces key board retirements and leadership shifts as it intensifies its focus on uranium exploration and project acquisitions.

Champion Iron Limited has upsized its senior notes offering to US$500 million, pricing the debt at 7.875% interest to refinance existing credit facilities and support ongoing project development.

Lithium Universe Limited has successfully raised $600,000 through the first tranche of its share placement, advancing its green lithium refinery ambitions in North America. A second tranche worth $1.1 million awaits shareholder approval, underpinning the company’s strategic growth plans.

Manuka Resources is progressing financing to restart its Wonawinta silver processing plant and is evaluating a promising gold cut-back at Mt Boppy to boost its Cobar Basin production plan.

Bannerman Energy has successfully raised A$85 million through a placement to institutional investors, bolstering its cash reserves as it advances the Etango uranium project towards a Final Investment Decision.

Australian Rare Earths Limited has achieved over 60% recovery of magnet rare earths in a bulk heap leach test at its Koppamurra project, demonstrating rapid leach times and scalability that underpin its low-cost development strategy.