Latest Project Economics News

Volt Resources is advancing its Alabama Graphite Refinery project to produce high purity graphite in the US, leveraging proven Ukrainian technology and targeting near-term commercial production with low capital costs and strong environmental credentials.

Kairos Minerals has reported strong drilling results at its Mt York Gold Project, extending the high-grade ‘Monster Zone’ gold mineralisation both deeper and 250 metres east. The company is boosting its Stage 1 drilling program to 30,000 metres, aiming to expand and upgrade its resource base.

Western Gold Resources has raised $6.75 million in a heavily oversubscribed placement, fully funding its Gold Duke Project and setting the stage for production to begin late this year.

Bathurst Resources’ subsidiary Telkwa Mining has released an updated feasibility study for its Tenas Steelmaking Coal Project, confirming reserve validity and boosting project valuation despite significant cost inflation.

Celsius Resources reports significant high-grade copper-gold drill results from its MCB Project in the Philippines, reinforcing confidence in the ongoing feasibility study update.

Carnaby Resources reports compelling high-grade drill results at its Trek 1 Prospect, confirming continuity of mineralisation and significant upside potential beyond current estimates.

Panther Metals Limited has released a maiden scoping study for its Burtville East Gold Project, revealing strong economics and high-grade open pit potential. The study highlights an NPV8 of A$26.6 million and an IRR of 44%, underpinning the project's promising outlook.

Saturn Metals has raised $45 million through a share placement to accelerate exploration and development at its Apollo Hill Gold Project in Western Australia, aiming for key feasibility milestones by 2026.

Stellar Resources has secured 100% ownership of the Granite Tor Project in northwest Tasmania, adding a promising tin and rare earth elements exploration asset adjacent to its Heemskirk Project. Historical sampling highlights significant tin and cerium anomalies, setting the stage for further exploration.

Ballard Mining has achieved a critical milestone with full permitting for its Mt Ida Gold Project, including approval to build a 2.0 million tonnes per annum processing plant and tailings facility. This final green light positions the project for development and potential expansion.

Axel REE Limited has announced a significant inferred rare earth mineral resource of 233 million tonnes at its Caladão Project in Brazil, highlighting strong metallurgical recovery prospects that could substantially increase resource size.

Argent Minerals has awarded a contract for further diamond drilling at its Kempfield Silver-Polymetallic Project, targeting extensions of previously identified high-grade silver zones. With regulatory approvals secured, drilling is set to begin shortly, aiming to expand the resource amid strong silver prices.