Latest Project Development News

Foresta Group Holdings finalises a $4.6 million insurance settlement and progresses key contracts for its Kawerau Plant, reporting a solid cash position as it deepens forestry sector partnerships.

Red Hill Minerals has achieved full production capacity at its Onslow Iron Project, generating $7 million in quarterly royalty revenue, while advancing multiple exploration fronts and declaring a fully franked dividend.

Westar Resources reported strategic tenement adjustments and promising assay results at its Mageye prospect during the September 2025 quarter, while maintaining a cautious cash position and continuing exploration efforts.

MetalsTech Limited has strengthened its balance sheet with a $3.3 million strategic placement and cleared debt, pushing forward the Pre-Feasibility Study for its Sturec Gold Mine in Slovakia. The study is on track for completion by year-end, aiming to unlock significant project value.

Elementos Limited advances its Oropesa Tin Project in Spain and Cleveland Tin Project in Tasmania, securing a binding option to acquire 50% of a Spanish tin smelter, positioning itself as the European Union’s primary vertically integrated tin producer amid strong tin prices.

Peninsula Energy reported a $7.3 million operating cash outflow for Q3 2025, alongside securing a $12.6 million convertible debt facility to advance its Lance Project in Wyoming. The company ends the quarter with $36 million in cash, supporting an estimated six quarters of funding.

Invictus Energy has secured National Project Status for its Cabora Bassa gas project in Zimbabwe and signed a major funding deal with Al Mansour Holdings, setting the stage for high-impact drilling in 2026.

Emmerson Resources confirms the White Devil Gold Deposit as a Major Mine under its joint venture with Tennant Mining, supported by a robust Scoping Study and the start of Feasibility Study activities.

Alpha HPA has finalized a $30 million royalty funding agreement with Queensland's QCMBTF, receiving $27 million to support Stage 2 of its HPA First Project and general corporate needs. Concurrently, the company progresses a $400 million senior debt financing with Australian government lenders.

McLaren Minerals has reported significant high-grade drilling extensions at its McLaren Titanium Project in WA, with a Prefeasibility Study nearing completion and strong market demand for its ilmenite concentrate.

McLaren Minerals reported a challenging quarter with net cash outflows and limited funding runway, prompting plans for a capital raise to support its upcoming Bankable Feasibility Study.

Cobalt Blue Holdings advances its Kwinana Cobalt Refinery with a critical Works Approval and secures letters of intent covering 70% of initial production, while its Broken Hill Cobalt Project gains a three-year Major Project Status extension.