Latest Project Economics News

Enova Mining has launched a major 198-hole auger drilling campaign at its Naked Hill Project in Brazil, aiming to map the extent of high-grade ionic adsorption clay rare earth mineralisation. Early results confirm strong recoveries of critical rare earths, underpinning the project's development potential.

Capricorn Metals has transformed its Mt Gibson Gold Project with a new underground mine, lifting annual production to 260,000 ounces and extending mine life to over 19 years, backed by a robust $6.1 billion NPV.

Reach Resources has locked in a fully funded mining and milling agreement with Andel Resources at Murchison South, alongside a 30% increase in its Blue Heaven gold resource to 80,000 ounces at higher grade.

West Cobar Metals made progress on its Salazar scandium and Cobar West copper projects during the June quarter, while deciding not to proceed with its Baxter Fluorspar acquisition and securing $1.05 million in new funding.

VBX Limited has inked a framework agreement with a major Chinese aluminium group to potentially fund and purchase up to 3 million tonnes per annum of bauxite from its Wuudagu project, pending feasibility study outcomes.

Vault Minerals has cleared major regulatory hurdles to construct the Southern Tailings Management Facility at its Sugar Zone mine, paving the way for more cost-efficient operations.

Investigator Silver has moved the Paris Silver Project decisively from study to execution, bolstered by a strong cash position and key executive hires to drive development and financing.

Viridis Mining's Colossus Demonstration Plant has exceeded metallurgical recovery rates assumed in its Pre-Feasibility Study, operating continuously with promising implications for project economics and financing.

Evion Group will pay a mandatory 3% initial CAPEX levy to Madagascar's government as part of mining permit approvals for its Maniry Graphite Project, aligning with the country’s 2023 Mining Law.

Unico Silver has reported continued high-grade drill success at its Joaquin Project, pushing mineralisation beyond existing resources while advancing its Pre-Feasibility Study and securing key land holdings.

Rapid Critical Metals has delivered striking ore sorting results at its Webbs Silver mine, nearly doubling silver grades in unprocessed stockpiled ore and achieving over 90% mass rejection in processed waste, potentially reshaping project economics.

Stellar Resources has boosted its Heemskirk Tin Project resource by 64% at Severn, pushing total contained tin to over 129,000 tonnes, while advancing prefeasibility studies and securing a $22.1 million capital raise.