Latest Project Development News

Magnetic Resources NL reported a $4.39 million net cash outflow from operations in Q4 2024 but strengthened its balance sheet with a $9.41 million financing inflow, ending the quarter with $11.6 million in cash.

Brazilian Critical Minerals has released an updated Mineral Resource Estimate for its Ema rare earth project in Brazil, defining a robust 350Mt starter zone at 778ppm TREO. This milestone underpins the imminent Scoping Study and signals promising economic potential for the project.

Basin Energy advances its Scandinavian uranium exploration with new land applications and awaits key sampling results, buoyed by Sweden's move to lift its uranium mining ban.

McLaren Minerals has successfully raised $1.5 million through a shortfall placement, bolstering its efforts to advance the Pre-Feasibility Study for its McLaren Mineral Sands Project in Western Australia.

Element 25 has obtained key regulatory approval from WA's DEMIRS for its Butcherbird Expansion Project, paving the way for a twelve-year production run at 1.1 million tonnes per annum of manganese concentrate. The final hurdle remains the Works Approval, expected imminently.

Australian Vanadium Limited has secured critical EPA approval for its Gabanintha Vanadium Project, marking a significant step toward construction and production within its broader Australian Vanadium Project.

Cassius Mining Limited has successfully raised $1 million through a share placement to fund its Soalara project in Madagascar and ongoing litigation in Ghana, signaling a strategic push in key operational areas.

Helios Energy has engaged Houston-based W.D. Von Gonten Engineering to apply advanced geological and engineering expertise to its flagship Presidio Project in West Texas, signalling a strategic push to unlock its full potential.

Wia Gold has reported compelling assay results from recent drilling at its Kokoseb Gold discovery in Namibia, revealing high-grade gold intercepts and announcing a significant ramp-up in exploration and development activities for 2025.

Greenvale Energy has secured a $1.176 million R&D rebate, enabling the launch of Test Program 6 on its Alpha Project to optimize processing conditions ahead of bulk sample production.