Latest Project Development News

Lefroy Exploration has partnered with BML Ventures in a profit-sharing agreement to fast-track mining at the Lucky Strike Gold Project, backed by promising drilling results that validate and expand the resource base.

Great Boulder Resources has reported further shallow, high-grade gold mineralisation at its Eaglehawk deposit within the Side Well Gold Project, confirming the prospectivity of this emerging system with strong recent drilling results.

Coda Minerals has expanded its Elizabeth Creek copper-cobalt-silver project with new drilling success at Emmie East, revealing mineralised shale beyond the main resource. Concurrent metallurgical testwork aims to boost recoveries and reduce capital costs.

Zinc of Ireland NL advances its strategic footprint with an 80% earn-in at the Mt Clere Project in WA, preparing for imminent drilling, while rationalizing its Irish tenements and exiting Canadian assets.

Altamin Limited reports steady progress on its Lazio and Gorno projects, with positive testwork confirming the feasibility of sulphate of potash, lithium carbonate, and boron recovery from geothermal brines. The company moves closer to pre-feasibility studies and environmental approvals amid a tight cash position.

Brockman Mining Limited reports steady progress on its Marillana and Ophthalmia iron ore projects through joint ventures, infrastructure planning, and social consultations, while maintaining a stable financial position.

Great Boulder Resources delivered strong March quarter results with multiple high-grade gold intersections at Mulga Bill and Eaglehawk, while advancing pre-development at Ironbark through a new mill collaboration and scoping study.

AKORA Resources has successfully renewed its main tenement PR10430 for the Bekisopa Iron Ore Project, marking a pivotal step under Madagascar’s updated Mining Code and reinforcing the project’s path to production.

Blue Star Helium reports robust natural flow rates and peak helium concentrations from its Jackson 29 well at the Galactica project, underscoring the site’s promising helium resource potential.

Deep Yellow Limited has deferred the Final Investment Decision for its flagship Tumas uranium project due to current uranium prices, while continuing detailed engineering and early works. The company remains confident in the project's robust economics and is progressing financing and development at its Mulga Rock project.

Magnetic Resources NL has significantly increased the Lady Julie North 4 gold deposit resource to 1.55 million ounces, supported by ongoing high-grade drilling and exceptional metallurgical recoveries of up to 97.5%. Feasibility studies for combined open pit and underground mining are advancing, targeting 150,000 ounces per annum over eight years.

Iluka Resources reported a solid FY 2024 with $1.13 billion in mineral sands revenue and a net profit of $231 million, while advancing key projects like Balranald and Eneabba refinery.