Latest Project Economics News

Paladin Energy Ltd has launched a significant A$300 million underwritten equity raising to advance its Patterson Lake South uranium project and support the ramp-up of its Langer Heinrich Mine, reinforcing its position in the global uranium market.

Tesoro Gold has released an expanded and upgraded scoping study for its Ternera open pit project in Chile, revealing strong economics and a 1.82 million ounce gold resource. The study highlights a straightforward development path with low capital costs and excellent gold recoveries.

Celsius Resources has reported significant high-grade copper and gold drilling results at its MCB Project in the Philippines, alongside securing a conditional water permit crucial for advancing project development.

Theta Gold Mines has officially begun construction at its flagship TGME Gold Mine in South Africa, securing key contracts and funding support that pave the way for production by early 2027.

GBM Resources has regained 100% ownership of the Mt Coolon Gold Project after Newmont's exit, consolidating its position in Queensland's Drummond Basin with a substantial gold resource and promising exploration targets.

Lunnon Metals reports robust high-grade gold assay results from its Lady Herial deposit, underpinning a low-risk open pit development opportunity within the Kambalda Gold & Nickel Project.

Vault Minerals reports a 31% increase in gold Ore Reserves to 4 million ounces and a 3% rise in Mineral Resources to 12.2 million ounces as of June 2025, driven by strong growth at Leonora, Sugar Zone, and Mount Monger.

Aspire Mining has extinguished legacy contract rights over its Ovoot and Nuurstei projects, regaining full marketing control and improving its cost structure and funding flexibility.

Metals Australia Ltd reports key milestones in its Lac Carheil Graphite Project, achieving battery-grade spherical graphite purity and selecting Sept-Îles as the preferred site for its Battery Anode Material plant.

Great Boulder Resources has intensified its exploration at the Side Well Gold Project with a third drilling rig now operational, targeting geotechnical and metallurgical studies at Ironbark alongside ongoing resource definition at Eaglehawk and Ironbark North.

Finder Energy has accelerated development of its Kuda Tasi and Jahal oil project in Timor-Leste through a strategic alliance with SLB, targeting a Final Investment Decision in 2026. The company highlights robust resource estimates and a streamlined path to first oil production.

PhosCo’s maiden drilling at the KM prospect within Tunisia’s Gasaat Phosphate Project reveals record-thick phosphate layers near the proposed plant site, suggesting a faster route to production and improved project economics.