Latest Project Development News

VHM Limited has successfully raised $8.25 million through a discounted share placement, bolstering funds for its Goschen Project's next development phase. A subsequent $2 million Share Purchase Plan offers existing shareholders a chance to participate.

Jameson Resources has released a comprehensive update on its Crown Mountain steelmaking coal project, revealing improved project economics and robust progress on environmental and Indigenous engagement fronts. The update underscores the project's strategic positioning amid tightening global supply and supportive government policies.

Tempest Minerals reports promising initial metallurgical test results from its Remorse Iron discovery in Western Australia, highlighting high-grade iron concentrate with low impurities. Further results are anticipated to refine the project’s development potential.

Euro Manganese has appointed Martina Blahova as its permanent CEO, cementing leadership continuity as the company advances its strategic Chvaletice Manganese Project in Europe.

Infini Resources has appointed seasoned mining engineer Rohan Bone as CEO to spearhead development across its uranium and lithium assets in Canada and Australia, marking a strategic shift from exploration to project advancement.

Critical Resources Limited has appointed seasoned mining executive Tim Wither as CEO, aiming to leverage his global experience to advance its lithium, antimony, and gold projects.

Equinox Resources has successfully completed the first tranche of its $3.5 million capital raise, issuing nearly 31 million shares at 9.5 cents each. The second tranche, involving additional shares and options, is pending shareholder approval.

VHM Limited has launched a partially underwritten equity placement and share purchase plan to fund the development of its Goschen rare earths and mineral sands project, targeting production by late 2026.

Black Dragon Gold Corp. reported a Q1 2025 net loss of CAD 377,262 while advancing its Salave Gold Project in Spain, navigating permitting challenges and legal disputes over land re-zoning. The company also progressed exploration and asset sales in Australia, maintaining a cautious outlook on financing.

Highfield Resources announces the immediate resignation of CEO Ignacio Salazar, who played a pivotal role in advancing the Muga project. The company maintains a trading halt as it prepares to disclose funding arrangements.

Sparc Technologies is progressing its innovative green hydrogen pilot plant and graphene-based anti-corrosion trials, supported by a recent A$2.7 million capital raise to accelerate commercialisation and R&D.

Cygnus Metals reports standout gold and copper drill intercepts at its Golden Eye prospect, signaling a promising new resource within the Chibougamau Copper-Gold Project. The company plans to leverage these results alongside historic data to define an initial Mineral Resource Estimate.