Latest Project Economics News

Horizon Gold Limited has reported a series of impressive high-grade gold intercepts from extensive drilling at its Gum Creek Gold Project, reinforcing the project's potential and advancing its feasibility study.

Invictus Energy advances its Cabora Bassa Project in Zimbabwe with an updated Petroleum Production Sharing Agreement draft and National Project Status approval, setting the stage for exploration drilling in 2025.

Patriot Battery Metals has initiated work programs to unlock tantalum as a high-value by-product at its Shaakichiuwaanaan lithium project in Quebec, which ranks among the world’s top five tantalum pegmatite resources. Initial testwork shows promising recovery potential using conventional methods without impacting lithium extraction.

Coda Minerals reports a metallurgical breakthrough at its Elizabeth Creek project, achieving copper recoveries up to 95.9% and silver recoveries of 97.3% using whole-ore leach techniques, promising significant cost savings and project simplification.

GreenTech Metals has announced a substantial copper-zinc Exploration Target at its Whundo Project, signaling potential for near-term mining operations. The company is accelerating assessments of gold contributions and advancing mining studies to unlock value.

Many Peaks Minerals reports significant expansion of gold mineralisation at its Ferké Gold Project in Côte d’Ivoire, with diamond drilling revealing extensive high-grade zones. The company advances its exploration with multiple rigs and pending assay results.

Magnetic Resources NL has significantly increased its Lady Julie Gold Project resource to 2.14 million ounces, underpinning robust project economics and setting the stage for a Definitive Feasibility Study due in Q2 2025.

AIC Mines Limited has launched a A$55 million equity raise alongside a A$10 million share purchase plan to fund a significant expansion of its Eloise Copper Mine processing capacity and advance the Jericho Copper Mine development.

Galan Lithium has locked in a A$20 million equity placement from strategic partner Clean Elements, providing crucial funding to complete Phase 1 construction of its Hombre Muerto West lithium project in Argentina, targeting first production in early 2026.

Magnetic Resources NL has secured a pivotal native title agreement with the Wangkatja Tjungula Aboriginal Corporation, removing key regulatory hurdles for the Lady Julie Gold Project in Western Australia.

Javelin Minerals is fast-tracking mining at its Eureka Gold Project, targeting 34,000 recoverable ounces from a granted Mining Lease within 12 months. Advanced contractor talks and promising drilling results underpin this push in a buoyant gold price environment.

Eclipse Metals confirms a significant inferred resource of rare earth elements at its Grønnedal Project in Greenland, highlighting coarse-grained mineralogy and efficient processing potential that could position it as a key Western supplier.