Latest Project Development News

Eclipse Metals has initiated metallurgical testing on its Grønnedal Rare Earths Project in Greenland, focusing on magnetic separation techniques to unlock the deposit’s potential. Core samples from recent drilling are en route to Perth for analysis, while strategic engagement with global partners continues.

McLaren Minerals’ Pre-Feasibility Study confirms a robust, low-risk titanium mining project in Western Australia, projecting nearly A$900 million EBITDA over 16 years. The study highlights strong market demand and validated processing methods, setting the stage for the next development phase.

RareX Limited has achieved a major regulatory milestone with the granting of a Mining Lease for its Cummins Range Project in Western Australia, significantly reducing development risk and paving the way for focused metallurgical optimisation and mine planning.

Astral Resources has reported significant progress in its Mandilla Gold Project, underpinned by robust drilling outcomes and a $65 million capital raise to fund development. The company is on track for a Final Investment Decision in September 2026, aiming for first gold production by the end of 2027.

Ballard Mining has resumed drilling at its Mt Ida Gold Project, aiming to expand its resource base and advance development milestones throughout 2026. The company targets a significant increase in gold resources while progressing towards a maiden ore reserve.

Eminence Minerals has engaged Brazilian consultancy GE21 to conduct a strategic technical review of its Campo Grande rare earth project, aiming to pave the way for a formal resource estimate and development studies.

Elevra Lithium unveils a staged, accelerated expansion plan for its North American Lithium mine, aiming to increase spodumene concentrate production to 315ktpa by early 2029 while lowering operating costs.

Antilles Gold has officially commenced construction on its Nueva Sabana copper-gold mine in Cuba, backed by a $35 million funding package and a $29.5 million EPC contract with Shandong Xinhai Mining. Initial gold production is targeted for early 2027, promising strong financial returns.

Osmond Resources has raised A$6.6 million through a discounted placement to fund its 2026 work program targeting titanium, zircon, and rare earth extraction in Spain. The capital boost positions the company to progress its Orión EU Critical Minerals Project amid growing EU demand for local supply.

Venus Metals Corporation has issued a second supplementary target’s statement urging shareholders to reject QGold’s increased takeover offer of $0.21 per share, citing significant undervaluation of its key assets and improved financial position.

Larvotto Resources has reported multiple high-grade gold, antimony, and tungsten intercepts from diamond drilling at its Metz Mining Centre, reinforcing the potential for a significant resource upgrade later this year.

VHM Limited has terminated its offtake agreement with Shenghe Resources to pursue broader global partnerships for its Goschen Rare Earths and Mineral Sands Project, appointing Macquarie Capital to accelerate funding and offtake discussions ahead of production in 2027.