Latest Project Economics News

Aura Energy has secured a strategic non-binding MOU with a major international nuclear utility, underpinning funding and technical collaboration for its Tiris Uranium Project in Mauritania. The company has locked in a robust processing flowsheet and aims for a Final Investment Decision by the end of 2026.

Green Technology Metals (ASX: GT1) secured $1.87 million from its recent entitlement offer, with underwriters stepping in to cover a $2.13 million shortfall. The capital raise supports ongoing development of its Ontario lithium project.

Perpetual Resources has achieved a major breakthrough in reducing iron impurities in its Beharra silica sand, pushing product quality closer to the coveted solar glass standard with a simple, low-cost processing approach.

Global Lithium Resources has completed a strategic placement raising A$7.32 million from Lopal, cementing a key partnership and advancing its Manna Lithium Project toward a final investment decision.

Viking Mines reports a major metallurgical breakthrough at its Linka Tungsten Project, achieving a 62.5% WO3 concentrate at 59.8% recovery using combined gravity and flotation processing on a larger 10 kg sample, significantly improving previous results and validating a low-capex flowsheet ahead of maiden drilling.

Brightstar Resources has intersected visible gold in multiple deep diamond drillholes at Two Mile Hill, part of its Sandstone Gold Project. The drilling extends beyond 550m depth, underpinning plans for an underground mining study in the pre-feasibility study due later this year.

Nova Minerals has launched a major 2026 exploration campaign at its Estelle Project in Alaska, combining a 10,000-metre drilling program with advancing antimony production backed by US$43.4 million in U.S. Department of War funding.

Critica Limited’s Jupiter Rare Earth Project pilot plant has delivered a significant beneficiation breakthrough, upgrading feed to a ~3% TREO intermediate concentrate with strong magnet rare earth recoveries and substantial mass rejection.

Barton Gold reports standout high-grade assays from Phase 2 drilling at Tunkillia’s Area 51, highlighting potential resource growth and open pit extensions that could extend mine life and underpin a Pre-Feasibility Study by year-end.

Minrex Resources is set to ramp up its flagship Tlamino Gold Project in Serbia with a fully funded 7,000m drilling program aimed at upgrading its resource classification and refreshing project economics in a dramatically improved metals price environment.

VRX Silica’s updated 2026 Bankable Feasibility Study for Arrowsmith North confirms robust economics with an ungeared NPV8 of A$179.2 million and binding offtake contracts securing nearly 1 million tonnes annually.

Euro Manganese has cleared major regulatory hurdles for its Chvaletice Manganese Project, securing construction and land planning permits that significantly reduce project risk and pave the way for production in Europe’s only near-term high-purity manganese source.