Latest Project Economics News

Stellar Resources has reported a significant 51m wide tin mineralisation zone at its Severn deposit, reinforcing the potential to upgrade and expand its Heemskirk Tin Project resource. Ongoing drilling and rising tin prices underpin the company’s advancing prefeasibility study.

West Cobar Metals is making significant progress across its Salazar, Bulla Park, and Mystique projects, initiating metallurgical testwork and planning drilling programs that could reshape resource estimates and project economics.

PhosCo has completed a key drilling program at its Gasaat Phosphate Project in Tunisia, with promising phosphate intersections at the SAB prospect and imminent assay results from KM, setting the stage for updated resource estimates and an enhanced project outlook.

Hawsons Iron Ltd has declared a JORC-compliant Probable Ore Reserve of 2.3 billion tonnes and completed a positive Pre-Feasibility Study supporting a 26-year, 12Mtpa magnetite concentrate project in New South Wales.

Alicanto Minerals has agreed to acquire the Mt Henry Gold Project in Western Australia, adding a 0.9 million ounce gold resource and initiating a $28 million capital raise to fund an aggressive drilling campaign.

Horizon Minerals reports spectacular ultra high-grade gold drill results from its Phase 1 program at the Burbanks project, confirming significant resource expansion potential. The ongoing 30,000m drilling campaign aims to upgrade and grow the existing Mineral Resource Estimate.

Gold Mountain Limited reports outstanding diamond drill results from its Irajuba IR-1 prospect in Brazil, confirming a significant rare earth exploration target with high-grade mineralisation.

Comet Ridge Limited is set to acquire Santos’s 42.86% stake in the Mahalo Gas Project, consolidating full ownership and operator status. This move significantly increases the company’s gas reserves and positions it to better serve the east coast domestic gas market.

Saturn Metals has released a positive Pre-Feasibility Study for its Apollo Hill Gold Project, outlining a 14-year open pit mine with a maiden Ore Reserve of 1.59 million ounces and strong financial returns. The study supports a move to Definitive Feasibility Study with full funding secured through that phase.

Brazilian Critical Minerals Ltd has produced a high-grade mixed rare earth carbonate with 52.5% total rare earth oxides and 41.5% magnet rare earth oxides from its Ema Project field trials, validating a low-capital in-situ recovery process.

EV Resources reports exceptional antimony recovery at its Los Lirios project using a simplified gravity process, paving the way for a lower-cost, accelerated development timeline.

Hawthorn Resources reports exceptional high-grade gold results from a major drilling campaign at its Anglo Saxon project, setting the stage for potential open pit mining development.