Latest Project Development News

New World Resources has successfully completed a placement of 32 million shares at $0.02 each to its board and senior management, following shareholder approval. This move subtly reshapes the company’s capital structure ahead of its copper and base metals projects in the US.

Macarthur Minerals has relaunched a renounceable rights issue to raise nearly A$2 million, fully underwritten by Gold Valley, aiming to fund its Lake Giles Iron Project and strengthen its balance sheet.

Santana Minerals has announced a delay in submitting its Fast Track Approvals Application due to pending ecological consultant reports, missing the previously set June 30 deadline. The company remains optimistic about finalising the reports soon and prioritising the submission.

Tivan Limited has made significant progress on a revised access road for its Speewah Fluorite Project, balancing infrastructure needs with cultural heritage preservation. The company also secured key native title agreements and regulatory approvals supporting its feasibility study and joint venture with Sumitomo Corporation.

Peninsula Energy has resolved outstanding claims with its EPC contractor and is advancing a reset plan for its Lance uranium project, including revised production guidance and funding strategies.

Hawsons Iron Limited is raising up to $1 million through a discounted Share Purchase Plan to fund critical project development while continuing strategic investor discussions.

EV Resources Limited has finalized its acquisition of a 70% interest in the Los Lirios Antimony Mine in Oaxaca, Mexico, marking a strategic move to bolster critical mineral supply in the Americas. The company is advancing ore testing and plans to develop processing capabilities aligned with local community priorities.

Southern Palladium has raised A$8 million through a strategic placement to accelerate its Definitive Feasibility Study and staged mine development at the Bengwenyama PGM project, backed by a major cornerstone investor.

American West Metals has initiated its 2025 exploration campaign at the Storm Copper Project in Nunavut, targeting multiple high-priority zones with advanced drilling and geophysical surveys. The program aims to expand the project's substantial copper resources and refine its development potential.

McLaren Minerals has successfully raised $1.282 million through a two-tranche placement to advance its McLaren Titanium Project in Western Australia, aiming to complete a critical pre-feasibility study by early Q3 2025.

ACDC Metals has released a comprehensive scoping study for its Goschen Central project in Victoria, revealing strong economic potential through a two-phase heavy mineral sand and rare earth element operation. The study highlights robust financial metrics and strategic importance in critical minerals supply.

Wia Gold Limited reports compelling high-grade gold intercepts from extensive drilling at its Kokoseb Gold Project in Namibia, setting the stage for an imminent Mineral Resource Estimate update.