Latest Project Development News

Black Rock Mining has secured A$10 million through an equity placement to initiate early construction activities at its Mahenge Graphite Project in Tanzania, marking a pivotal step towards full project development.

Critica Limited reports strong preliminary beneficiation results from its Jupiter rare earths project, achieving consistent ~95% mass rejection and a 6–10x uplift in rare earth grades. A closed-circuit pilot plant is now under construction to optimise recovery and advance product development.

Pure Resources has completed the acquisition of the Garnet Hills garnet project in Western Australia, marking a significant step towards developing one of the world’s few hard-rock garnet mines.

Manuka Resources has gained approval for a secondary listing on the New Zealand Stock Exchange, enhancing trading access for local shareholders and supporting its strategic growth in critical and precious metals projects across New Zealand and Australia.

Audalia Resources is raising $500,000 through a share placement to fund critical development and regulatory steps at its Medcalf Project, aiming to advance mining permits and design.

Kinetiko Energy has reported a strong commercial gas flow from its Brakfontein well, exceeding prior reserve flow rate assumptions and reinforcing the project's economic viability.

Canyon Resources is fast-tracking its Minim Martap bauxite project in Cameroon, backed by a $140 million debt facility and a $215 million equity raise, aiming for production start in early 2026. The Definitive Feasibility Study confirms strong economics with a project NPV exceeding $830 million and an IRR of 29%.

Strike Energy has successfully completed a A$36 million capital raise through a strategic placement and share purchase plan, setting the stage for critical project developments and exploration activities.

Canyon Resources has raised A$215 million through a strategic equity package to fast-track its Minim Martap bauxite project and deepen its investment in Camrail, with key backing from Cameroon's largest financial services group.

Lithium Energy has acquired the Mt Dromedary Graphite Project, merging it with its Burke deposit to form a world-class high-grade graphite inventory, setting the stage for a vertically integrated battery anode material business in Queensland.

Finder Energy has secured a pivotal funding boost as TIMOR GAP increases its stake in the KTJ Project, accelerating the path to final investment decision by mid-2026. This farmin agreement significantly de-risks the project and aligns with Timor-Leste’s strategic development goals.

Medallion Metals has successfully completed the public comment phase under the EPBC Act for its Ravensthorpe Gold Project, advancing a critical regulatory milestone with no objections received. The company aims to submit final documentation in October and expects a decision before year-end, paving the way for its sulphide development strategy.