Latest Project Development News

Foresta Group Holdings reported a 12% increase in its half-year loss to nearly $2 million as it progresses its pioneering wood pellet and pine chemicals project in New Zealand, securing key lease agreements and finalising a $2.4 million insurance settlement.

Greenwing Resources has significantly enhanced the economics of its Que River Project following a sharp rise in key metal prices, nearly doubling projected cash flows and advancing a two-stage development plan.

Anax Metals has released an updated Definitive Feasibility Study for its Whim Creek Copper Project, confirming robust economics with a pre-tax NPV of A$501 million and an IRR of 98%, underpinned by a 10-year mine life and rapid payback.

MC Mining reports steady progress at its Makhado steelmaking coal project in South Africa alongside a significant increase in Kinetic Development Group's shareholding to 44%. The company maintains its production targets for 2026 amid strong safety and environmental records.

Sarytogan Graphite Limited has secured a crucial 27-year water licence for its Kazakhstan graphite project, marking a significant step in de-risking development. This approval complements prior permits and supports the upcoming feasibility study.

Vysarn Limited has reported a record first half for FY26 with revenue hitting $66.8 million and NPBT nearly doubling year-on-year to $10 million. The company reaffirms its full-year $20 million NPBT target, supported by strong industrial and advisory segment growth despite timing challenges in technology projects.

White Cliff Minerals has agreed to sell its Great Bear Project in Canada for A$5.8 million, while announcing key board appointments to support its next growth phase.

Stellar Resources has announced a significant 41% increase in the Queen Hill Mineral Resource Estimate, pushing the total contained tin at its Heemskirk Tin Project beyond 100,000 tonnes. This milestone underscores the project’s status as Australia’s highest-grade undeveloped tin resource.

Toubani Resources has obtained the crucial environmental permit for its Kobada Gold Project, clearing the way for construction and initiating resettlement activities as planned.

Vital Metals has reported exceptional surface assay results from its Nechalacho Rare Earths and Niobium Project in Canada, revealing ultra-high-grade mineralisation beyond its flagship Tardiff deposit. These findings underpin an aggressive resource expansion strategy ahead of a 2027 Pre-Feasibility Study.

Celsius Resources has raised A$9.3 million through a well-supported institutional placement, strengthening its balance sheet to advance the financing and early development of its flagship MCB copper-gold project in the Philippines.

Andean Silver Limited has appointed Matthew Allen as CEO, marking a strategic leadership shift to accelerate development at its Cerro Bayo silver-gold project. Former CEO Tim Laneyrie transitions to Technical Director to focus on exploration and resource expansion.