Latest Project Economics News

PhosCo Ltd has reported outstanding final assay results from its Gasaat Phosphate Project in Tunisia, setting the stage for maiden resource estimates at the KM and SAB prospects. These high-grade intercepts promise to enhance early project economics and underpin an optimised scoping study.

New Frontier Minerals has executed a binding option to acquire a 90% interest in the Pomme Rare Earth Element and Niobium project in Quebec, partnering with Metallium to leverage advanced processing technology and expand its critical minerals footprint.

American Uranium has launched its 2026 drilling campaign at the Lo Herma ISR uranium project in Wyoming, aiming to expand and upgrade its mineral resource ahead of key updates this year.

Dateline Resources reports strong diamond drilling results at its Colosseum Gold-REE Project, confirming high-grade gold mineralisation beyond current resource boundaries and advancing plans for mine life extension.

Lefroy Exploration has launched its inaugural toll milling campaign at the Lucky Strike Gold Mine, with first gold production expected by mid-February amid strong gold prices. The company is also advancing drilling to expand the mine’s footprint.

Rumble Resources has reported significant high-grade gold intercepts extending mineralisation at Western Queen South to over 500 metres down plunge, alongside strong early drilling results at Western Queen Central. These findings underpin an updated gold resource estimate planned for later this year.

Tartana Minerals has made significant strides in expanding its silver exploration footprint with uncontested progress on EPM 27220, covering historic high-grade silver mines. The company also restates a robust Nightflower Exploration Target and plans extensive drilling in 2026.

Evolution Mining has secured a significant capital injection and reduced streaming rates in a revamped agreement with Triple Flag, paving the way for development of the gold-rich E44 deposit at Northparkes.

Axel REE Limited reports breakthrough metallurgical test results from its Caladão Project in Brazil, achieving over 96% recovery of magnetic rare earth oxides using hydrochloric acid leaching. This milestone supports a dual-path development strategy combining low-cost in situ recovery with a longer-term acid leach option.

Aura Energy has successfully raised A$20 million through a share placement, while ongoing confidential negotiations aim to secure critical offtake agreements for its uranium and polymetallic projects.

Waratah Minerals reveals promising early-stage geometallurgical results from its Spur Zone, showing gold recoveries exceeding 90% through conventional processing methods. The findings highlight coarse, free milling gold, suggesting a straightforward path to efficient extraction.

Cannindah Resources has launched a focused drilling campaign at its Cannindah Breccia deposit, aiming to unlock a high-grade ‘GAP’ zone within its existing copper-gold resource. Early results hint at significant grade improvements that could reshape the project’s economic outlook.