Latest Project Development News

Elevra Lithium delivered a strong March 2026 quarter with record revenues, operational improvements at North American Lithium, and progress on multiple growth fronts, supported by a robust cash position.

Perseus Mining delivered a strong March quarter with a 21% jump in gold production and a cash pile swelling to US$817 million, while confirming the completion of its US$260 million Meyas Sand Project sale. The Nyanzaga development remains on track for first gold in January 2027.

Arrow Minerals Limited continues to hold its Guinea operations in suspension as it awaits formal government clarification on the status of key exploration tenements, with no new fieldwork conducted and cash reserves tightly managed.

VHM Limited has raised A$5 million through a discounted institutional placement to accelerate early engineering and procurement for its Goschen Rare Earth and Mineral Sands Project ahead of a mid-2026 Final Investment Decision.

Global Lithium Resources has locked in a strategic A$7.32 million equity placement and a US$75 million offtake prepayment from Chinese battery materials giant Jiangsu Lopal Tech, accelerating development of its flagship Manna Lithium Project in Western Australia.

Minrex Resources appoints Max Piirto as CEO to spearhead exploration and development across its newly acquired Serbian gold and copper assets following the Electrum merger.

Meteoric Resources has locked in $40 million through a fully subscribed placement at market price, bolstering its cash reserves as it pushes the Caldeira Rare Earths Project towards a 2026 Final Investment Decision.

Group 6 Metals has secured a pivotal underground mining contract with HMR Drilling Services, marking a decisive step toward sustained production at the Dolphin Tungsten Project on King Island.

Tivan Limited has delivered a pivotal feasibility study for its Speewah Fluorite Project, secured tranche funding totalling $16.3 million, and gained recognition from Japan and US governments as a key fluorite supplier. Concurrently, it expanded its portfolio with acquisitions and high-grade discoveries across tungsten and copper-gold projects.

WA Gold’s scoping study for its Abercromby Gold Project outlines a staged mining plan with modest A$8 million upfront capital, targeting 114,000 ounces from mostly Indicated Resources and projecting A$270 million pre-tax cashflow.

Encounter Resources has boosted its Aileron project’s inferred niobium resource by 54%, lifting the total to 120 million tonnes at 0.77% Nb2O5. The 2025 drilling campaign notably grew the Green deposit’s contained niobium by 83%, underpinning plans for a potential long-life mining operation in Western Australia’s West Arunta region.

Stellar Resources has lifted tin recovery rates at the Queen Hill deposit to over 70%, a near 10% improvement on earlier estimates, enhancing the economics of its Heemskirk Tin Project. The company is integrating these gains into its Prefeasibility Study and has started early offtake talks.