Latest Project Development News

Eagle Mountain Mining announces the resignation of its founding Managing Director Charlie Bass, marking a significant leadership transition as new directors join the board.

QX Resources has secured a farm-out deal transferring a 75% interest in its Western Shaw iron ore rights, with partners committing $1 million to exploration, while retaining a royalty stream.

Saturn Metals has reported a significant increase in gold recovery rates from heap leach testing at its Apollo Hill Gold Project, surpassing previous estimates and global averages. This breakthrough suggests a more cost-effective and scalable path to production.

Brazilian Critical Minerals Ltd has raised A$4 million in an oversubscribed placement to accelerate development of its Ema Rare Earths Project in Brazil, advancing feasibility studies and environmental permitting.

Evion Group’s Maniry Graphite Project in Madagascar has been officially recognised as a strategic supplier under the EU’s Critical Raw Materials Act, opening doors to accelerated permits, funding, and partnerships.

TG Metals Limited has upgraded the Van Uden Gold Project resource to a 2012 JORC compliant Mineral Resource Estimate, confirming 227,140 ounces of gold within a 6.35 million tonne open-pit constrained resource. The update lays a solid foundation for upcoming mining studies and potential resource expansion.

NH3 Clean Energy has signed a non-binding MoU with the Angel CCS Project JV to collaborate on carbon capture and sequestration for its WAH2 clean ammonia project, marking a key step toward its mid-2025 FEED entry.

Lindian Resources reports significant construction progress at its Kangankunde Rare Earths Project in Malawi, alongside strategic site leadership appointments as it gears up for plant construction later this year.

Podium Minerals Limited has announced a fully underwritten entitlement offer to raise approximately A$2.6 million, aimed at advancing metallurgical test work and maintaining its expanded tenement package for the Parks Reef PGM Project.

Marimaca Copper Corp. has announced a US$17.7 million private placement led by existing insiders and a new institutional investor to fund exploration and development of its flagship copper project in Chile.

Challenger Gold has completed a Pre-Feasibility Study for toll milling at its Hualilan Gold Project, revealing strong economics, low capital requirements, and a swift payback period. The study underscores the project's potential to generate significant cash flow over three years through a toll milling arrangement with Austral Gold.

Challenger Gold has raised A$34.5 million through an institutional placement to fund near-term gold production and expand development at its Hualilan project in Argentina.