Latest Project Development News

Macarthur Minerals Limited (ASX:MIO) has obtained Program of Work approval from the Western Australian Department of Mines, enabling bulk sampling and infrastructure development at its Lake Giles Iron Project. This milestone supports the company’s strategic progression toward potential production.

American West Metals Limited has reported exceptional assay results from historical mine dumps and surface rock sampling at its West Desert Project in Utah, revealing significant grades of critical metals including copper, silver, indium, germanium, and tellurium. A 5,000-metre diamond drilling program targeting newly identified high-grade zones is currently in progress.

American Uranium Limited (ASX:AMU) has secured A$2.64 million through a placement after upgrading its Lo Herma uranium resource to 9.45 million pounds eU3O8 with improved grade. The company also plans a non-renounceable rights entitlement offer to raise up to A$2.58 million, supporting further drilling and technical studies ahead of a Q3 2026 Scoping Study.

Apollo Minerals Limited has validated significant historical tungsten intercepts up to 5.3% WO3 in unmined areas of its Couflens Project in France, highlighting exploration potential around the Veronique Zone and advancing preparations for further drilling.

Kingsland Minerals has announced breakthrough metallurgical test results from its Leliyn Graphite Project, revealing gallium recoveries up to 94%. The critical metal’s extraction potential could enhance project economics, with plans to establish a maiden gallium JORC Resource in 2026.

Tivan Limited has initiated its 2026 exploration drilling program in central Australia targeting tungsten and fluorite mineralisation at the Molyhil and Sandover projects following regulatory and cultural heritage clearances.

Sandfire Resources reported a Q3 FY26 copper equivalent production of 34.5kt, bringing nine-month production to 106.5kt. Despite operational challenges, the group maintains its FY26 guidance but now expects to deliver in the lower half of the range, alongside a $15 million reduction in capital expenditure.

Santana Minerals has finalised the second tranche of its A$130 million capital raising, issuing nearly 19 million shares and securing A$17.04 million before costs. The company confirms ongoing progress towards project construction scheduled for late 2026, supported by strong margins and green hydro power.

Transurban Group's March quarter 2026 traffic update shows a 3.0% increase in average daily traffic, supported by new infrastructure openings in Melbourne and North America amid ongoing macroeconomic and geopolitical challenges.

Elevate Uranium Ltd has reinforced its U-pgrade™ Pilot Plant operations in Namibia with new management and process improvements, while revising its timeline for pilot plant results to August 2026. The company confirms previous bench-scale testwork remains valid despite the delay.

Greenwing Resources has initiated a scoping study at its 100%-owned San Jorge Lithium Brine Project in Argentina, appointing lithium brine specialist Zelandez to lead the work. The study aims to define development pathways and an economic framework for the project, which hosts a maiden Mineral Resource Estimate of 1.07Mt LCE.

Fulcrum Lithium Ltd has completed its largest Phase 3 drilling program at the Alkali Flats project in Nevada, confirming extensive lithium mineralisation with multiple thick intersections and assay results pending to further define the resource.