Latest Project Development News

Magnum Mining & Exploration has reported promising leach test results from its Brazilian rare earth projects and announced plans for a critical minerals processing hub in Nevada, supported by a $7 million capital raise.

Star Minerals has submitted key mining and environmental permits for its Tumblegum South Gold Project, backed by exceptional shallow gold drilling results and a $1.5 million capital raise. The company targets mining commencement in early 2026 amid robust project economics.

Critical Minerals Group (ASX – CMG) reports significant progress in vanadium flow battery technology deployment, international supply chain engagements, and mine feasibility studies, positioning itself at the forefront of Australia’s renewable energy storage future.

Hot Chili Limited has successfully raised A$14.1 million through a fully subscribed entitlement offer to advance its Costa Fuego copper-gold project in Chile, initiating a critical second phase of diamond drilling at the La Verde discovery.

Predictive Discovery Limited and Robex Resources Inc. have announced a merger of equals, creating a major mid-tier gold producer in West Africa with combined production expected to exceed 400,000 ounces annually by 2029.

Carnarvon Energy has made a significant A$86 million investment in Strike Energy, becoming its largest shareholder and gaining exposure to Western Australia’s growing gas market, while deferring Bedout drilling to early 2027 due to rig shortages.

Lindian Resources has taken a decisive step forward with a Final Investment Decision on its Kangankunde Rare Earths Project, underpinned by a $91.5 million institutional placement and a strategic partnership with Iluka Resources. The company is on track for production by late 2026, backed by expanded mining licenses and a new owner-operator mining model.

Finder Energy has locked in a significant funding agreement with TIMOR GAP, securing half of the KTJ Project’s development capex and upgrading its resource base, setting the stage for a Final Investment Decision by mid-2026.

Coda Minerals has transformed its Elizabeth Creek Copper-Silver Project with a simplified flowsheet that significantly enhances recoveries and economics, supported by a $12.33 million capital raise. Drilling is underway as the company advances its pre-feasibility study.

St Barbara Limited reports steady progress on its Simberi Expansion Project in Papua New Guinea and Atlantic Gold Projects in Canada, despite production challenges and pending regulatory decisions. A recent A$58 million capital raise strengthens its financial position for growth.

GWR Group Limited reported steady progress on its Prospect Ridge Magnesite Project and maintains strong cash reserves, while opting out of a potential acquisition after thorough due diligence.

Alchemy Resources Limited reported a net cash outflow in Q3 2025 but strengthened its financial position by securing $750,000 through a new agreement with Newcam Minerals Ltd.