Latest Project Development News

Carnaby Resources reports promising assay results from its Trekelano drilling program and maintains a robust cash balance as it advances the Greater Duchess Copper Gold Project towards a Q3 2025 Pre-Feasibility Study completion.

Odyssey Gold Limited has advanced its Tuckanarra Gold Project with a new mill access agreement, ongoing drilling, and a $4 million capital raise, positioning the company for a potential resource upgrade.

Viridis Mining and Minerals has raised AU$11.5 million through a heavily oversubscribed placement, strengthening its balance sheet to advance the Colossus Rare Earth Project towards Final Investment Decision. The funding, backed by institutional and strategic Brazilian partners, positions Viridis with nearly AU$58.5 million in cash to accelerate development and regulatory approvals.

NGX Limited progresses its Malingunde graphite project with technical studies and stakeholder engagement, while uranium exploration permits advance in Namibia. The company stands to benefit from new US anti-dumping tariffs on Chinese graphite imports.

Pursuit Minerals has achieved a key milestone with its first high-purity lithium carbonate production at its pilot plant in Argentina, setting the stage for commercial development of its Rio Grande Sur project. The company is streamlining its focus on Argentina, advancing feasibility studies and strategic acquisitions amid a supportive mining environment.

Lakes Blue Energy has secured $6.5 million in new capital and is set to begin drilling the Wombat-5 gas well, targeting near-term supply to Victoria’s east coast market. Meanwhile, its Nangwarry carbon dioxide project moves forward with a fully funded feasibility study.

Future Metals NL has raised A$4.2 million and entered a strategic MOU with Zeta Resources to explore processing its Eileen Bore and Panton ores at the Savannah Mine plant, signalling a new phase of development amid rising PGM prices.

Culpeo Minerals reported a challenging quarter ending June 2025 with net cash outflows from operations and investing activities, offset by a recent $2.49 million capital raise that underpins its near-term funding.

Tlou Energy progresses gas production testing at Lesedi wells while pushing forward the Kala Data Centre project, targeting operational start in Q3 2025.

Champion Iron Limited reported Q1 FY2026 results showing steady revenues and net income, alongside a major US$500 million bond issuance to refinance debt and a new partnership agreement for the Kami Project.

Hawsons Iron Limited has validated a 100% dry processing circuit for its Hawsons Iron Project, securing $1.9 million in fresh capital and launching a key research collaboration with CSIRO to optimise pellet production.

Critical Resources Limited reports significant expansion of lithium mineralisation at its Mavis Lake project and advances gold-antimony exploration in NSW, alongside appointing a new CEO and completing a $1.1 million capital raise.