Latest Project Development News

Kingsland Minerals has appointed GR Engineering Services to lead a scoping study for its Leliyn Graphite Project, aiming to unlock the economic potential of one of Australia’s largest graphite resources. The study, supported by new project management expertise and existing off-take agreements, is set to complete by year-end.

Ioneer Ltd reveals promising Falcon gravity concentration testwork results that enhance lithium grade and yield at its Rhyolite Ridge project, underpinning future expansion potential.

Chalice Mining reports significant metallurgical improvements at its Gonneville Project, boosting metal recoveries and revealing a promising iron byproduct that could enhance project economics.

Lefroy Exploration has kicked off a major grade control drilling campaign at its Lucky Strike Gold Project, fully funded by partner BML Ventures, aiming to underpin mining operations slated for the second half of 2025.

Magnum Mining & Exploration has completed its acquisition of Palmares Estudos Geologicos LTDA, securing a significant rare earths landholding in Brazil after an extended due diligence process.

Citigold Corporation Limited has faced intense ASX scrutiny following an adverse auditor opinion on its half-year financials, centering on a $20 million impairment of exploration assets. The company defends its valuation approach despite funding uncertainties and regulatory questions.

Anax Metals has locked in a $3.3 million convertible note investment from Mineral Development Partners, with conditional commitments for up to $100 million to advance the Whim Creek Project and establish a Pilbara base metals hub.

Stellar Resources reports strong high-grade tin intercepts at Queen Hill, underpinning potential resource upgrades and advancing the Heemskirk Tin Project towards development.

TechGen Metals Limited is advancing exploration with a +4,000m aircore drilling program at El Donna and multiple geophysical and sampling campaigns across Western Australia and New South Wales.

Medallion Metals and IGO have revised terms for Medallion’s acquisition of the Forrestania Nickel Operation, securing full asset ownership with a royalty on future gold production. The transaction targets completion by late 2025, underpinning a new gold-copper producer in Western Australia.

Saturn Metals has significantly upsized its Share Purchase Plan to $9.25 million, raising total capital of $32.25 million to accelerate development of its Apollo Hill Gold Project and expand exploration in Western Australia.

Rox Resources has raised A$40 million through a strongly supported institutional placement to accelerate early development works at its high-grade Youanmi Gold Project, significantly de-risking the pathway to production.