Latest Project Economics News

Lightning Minerals pivots to a gold-led Australian strategy, elevating its Mt Turner Project as the core value driver while shedding non-core lithium assets. The company aims to capitalise on strong initial drilling success and disciplined capital allocation amid evolving commodity cycles.

TG Metals Limited has unveiled a major Mineral Resource Estimate upgrade for its Van Uden Gold Project, with Indicated gold ounces surging 120% to 152,600 oz and total pit constrained resources reaching 270,800 oz at 1.06 g/t Au. This marks a significant step in advancing the project towards near-term production.

American Uranium has completed a A$2.64 million placement by issuing 22 million shares at A$0.12 each, aiming to fund drilling and technical studies at its Wyoming uranium projects.

Stellar Resources has pushed its Heemskirk Tin Project closer to development readiness, reporting a 41% increase in the Queen Hill resource and uncovering new high-grade tin mineralisation below the Severn deposit. The company also secured a key tailings facility agreement and maintains a strong cash position amid volatile tin prices.

Aurum Resources has confirmed a significant 220m depth extension of gold mineralisation at its Boundiali Gold Project in Côte d'Ivoire, reinforcing its 3.03Moz resource and setting the stage for upcoming feasibility studies.

Peel Mining’s latest drilling at the Southern Nights Complex in NSW reveals substantial silver-zinc-lead intercepts and promising depth extensions, reinforcing the project’s growth potential ahead of a planned corporate restructure.

Genesis Minerals is set to acquire Magnetic Resources for approximately A$639 million, offering Magnetic shareholders a 25-35% premium. The deal unlocks synergies at the Lady Julie Gold Project, where an updated underground production target extends mine life to 14-19 years with improved economics.

Asara Resources (ASX:AS1) is pushing ahead at its Kada Gold Project in Guinea’s prolific Siguiri Basin, boasting a 923,000-ounce gold resource and launching expansive 2026 drilling campaigns aimed at significantly growing both Indicated and Inferred categories.

Southern Palladium's latest metallurgical test work from its Bengwenyama PGM Project reveals a doubling in chromite concentrate recoveries and confirms the high-grade nature of its UG2 mineral resource, reshaping project economics and processing design.

Cavalier Resources’ 2026 Pre-Feasibility Study update boosts the Stage 1 NPV of its Crawford Gold Project to A$77.2 million at A$6,500/oz gold, reflecting resilience amid supply chain pressures. The project maintains its ore reserve and pit design, with financing negotiations advancing.

Sun Silver has engaged global engineering firm Ausenco to lead critical concept and scoping studies for its Maverick Silver Project in Nevada, aiming to underpin a maiden Scoping Study by late 2026. The move leverages Ausenco’s North American precious metals expertise and comes as silver prices hover near US$77 an ounce, bolstering project economics.

Kingston Resources has delivered a fresh batch of high-grade polymetallic assay results from underground drilling at its Southern Ore Zone, Mineral Hill, reinforcing the geological model and underpinning near-term underground mining plans.