Latest Project Development News

Prospect Resources reveals significant copper extensions at Nyungu Central, with wide intercepts outside current resource boundaries, while maiden drilling at Sharamba shows promising visual mineralisation.

Japan Australia Fluorite Associates has received a $3 million funding tranche under the $7.4 million IPCM grant, supporting the ongoing Definitive Feasibility Study for the Speewah Fluorite Project in Western Australia.

Lake Resources has completed a A$1.1 million at-the-market equity raise at a 7.6% discount, directing funds towards advancing environmental and power optimisation efforts at its Kachi lithium project.

Celsius Resources is locked in a legal standoff with Equinaire Holdings over a disputed Event of Default that could see Celsius’ 40% interest in Makilala Mining auctioned. A court-ordered freeze currently blocks foreclosure while arbitration looms.

Maritana Minerals has secured key regulatory approvals and is progressing critical non-process infrastructure at its Black Swan Processing Hub, keeping the project on track for first gold production in the second half of 2027.

Resouro Strategic Metals has closed its $2.5 million private placement, issuing 10 million shares at 25 cents each to support the environmental program and feasibility study for its Tiros project in Brazil.

IRIS Metals has appointed Simon Iacopetta as Strategic Advisor and promoted Chris Evans to Executive Chairman, signalling a sharpened focus on expanding its critical minerals portfolio in North America.

St George Mining has delivered a major upgrade to its Araxá Project in Brazil, increasing measured and indicated resources by 155% and confirming the world's largest undeveloped niobium resource alongside rare earths.

Minbos Resources has expanded its capital raise to A$6 million, reflecting robust investor appetite to support the Cabinda Phosphate Project’s critical development phase.

Tungsten Mining has kicked off a comprehensive 20,700-metre drilling campaign at its Watershed Tungsten Project, aiming to boost geological confidence and gather critical engineering data following strong economic results.

Neometals has invoked a $2.5 million personal guarantee following Omaha Value Holdings' failure to pay $5 million for its Tranche 2 placement, while securing a potential standby debt facility as a financial backstop.

MRG Metals has secured $800,000 through a placement and board commitment to accelerate development at its ultra high-grade Garies Rare Earth Project in South Africa and advance exploration in Mozambique.