Latest Project Development News

Aura Energy has successfully raised A$20 million through a share placement, while ongoing confidential negotiations aim to secure critical offtake agreements for its uranium and polymetallic projects.

Castile Resources has raised A$8.4 million through a share placement to accelerate its Rover 1 project, aiming to complete a Bankable Feasibility Study by mid-2026 and begin new exploration drilling.

European Metals Holdings has achieved a critical rezoning approval for its flagship Cinovec Lithium Project, unlocking defined mining and processing zones. Backed by substantial Czech and EU government grants, the project is poised to become Europe’s largest hard rock lithium producer.

Great Boulder Resources has extended high-grade gold mineralisation below its existing 1Moz resource at the Side Well Gold Project in Western Australia, with new drilling revealing promising deep intersections at Ironbark and strong results at Mulga Bill and Flagpole.

Carnavale Resources has been granted the crucial mining lease for its Kookynie Gold Project, paving the way for a shovel-ready status by Q3 2026 alongside ongoing feasibility studies and drilling campaigns.

Nagambie Resources has formally issued a Right of First Refusal notice to Southern Cross Gold, setting a March deadline that could determine the fate of its proposed joint venture with Alkane Resources.

Tungsten Mining has completed a $53 million placement, oversubscribed by institutional investors, positioning the company to accelerate development of its key tungsten projects. The funds will support exploration and feasibility studies with results expected later this year.

Western Gold Resources has taken a decisive step towards production at its Gold Duke Project by awarding pre-mining contracts and appointing SSH Mining as the mine operator, setting the stage for Q1 2026 mobilisation.

Power Minerals Limited has reported outstanding high-grade niobium and rare earth element results from its completed auger drilling program at the Santa Anna Project in Brazil, confirming significant near-surface mineralisation and launching a major deeper drilling campaign.

Tesoro Gold has reported exceptional high-grade gold intercepts 400 metres below the existing open pit at its Ternera Gold Deposit in Chile, signalling potential for a significantly longer mine life and an imminent resource upgrade.

Canyon Resources updates progress on its Minim Martap Bauxite Project, confirming key milestones despite locomotive delivery delays that push the maiden bauxite shipment to Q3 2026.

Estrella Resources has ramped up extraction at its Ira Miri manganese project in Timor-Leste, targeting a significant 30,000 tonne market sample as it advances towards commercial production.