Latest Project Economics News

Rumble Resources is set to begin a 20,000-metre diamond drilling program at its Western Queen Gold Project, aiming to expand gold resources and explore tungsten revenue potential as it advances underground mining studies.

OD6 Metals has selected an innovative process flowsheet for its Splinter Rock Rare Earth Project, achieving approximately 75% recovery of key rare earths with superior product purity and optimized costs. This milestone sets the stage for advanced testing and mining studies as the company advances toward production.

Alma Metals reports steady progress on deep diamond drilling at the Briggs Copper Project, confirming mineralisation consistent with recent models and nearing completion of a key scoping study.

Toubani Resources has reported promising drill results extending gold mineralisation beyond the current Kobada resource estimate, highlighting potential for resource growth both near surface and at depth.

Wia Gold Limited has completed a Scoping Study for its Kokoseb Gold Project in Namibia, confirming its potential as a long-life, economically viable open pit mine with strong financial metrics and a clear path to development.

Metals Australia Ltd reveals a 3.3-fold increase in its Lac Carheil graphite resource alongside promising assay results for precious and base metals, setting the stage for value-added by-product recovery.

Chilwa Minerals confirms robust metallurgical testwork results from its Mposa deposit, revealing multiple valuable mineral product streams including high-quality ilmenite and zircon. The findings underpin a promising pathway toward diversified revenue and strategic rare earth by-products.

Barton Gold Holdings has initiated a Definitive Feasibility Study for Stage 1 production at its Challenger Gold Project, aiming to leverage existing infrastructure for commissioning by the end of 2026. The project will begin with tailings reprocessing before transitioning to fresh ore mining.

Manuka Resources has received a binding debt offer to refinance existing obligations and support the restart of its Wonawinta silver and gold processing plant in early 2026, leveraging current high metal prices.

PMET Resources has successfully produced marketable tantalite concentrate from waste streams at its Shaakichiuwaanaan lithium project, signaling a promising new by-product revenue stream alongside lithium.

Western Gold Resources Limited has released an updated Scoping Study for its Gold Duke Project, revealing a 47% increase in estimated cash surplus to A$56.1 million at a conservative gold price. The study outlines a 14-month mine life with enhanced production targets and secured processing agreements, positioning the project for near-term development.

PhosCo Ltd reports outstanding phosphate assay results from its maiden drilling at the KM Prospect within the Gasaat Project, revealing some of Tunisia's highest grades and promising strong project economics.